Wager
Part of speech: verb
Definition: To put something up as collateral
Part of speech: noun
Definition: Something deposited, laid, or hazarded on the event of a contest or an unsettled question; a bet; a stake; a pledge. A contract by which two parties or more agree that a certain sum of money, or other thing, shall be paid or delivered to one of them, on the happening or not happening of an uncertain event. That on which bets are laid; the subject of a bet. Agent noun of wage; one who wages.
Bet
Part of speech: verb
Definition: To agree that payment be made to the successful forecaster of the result of an event (usually sporting) by the other party in the agreement. To make a guess about the outcome of an event.To be sure of something; to be able to count on something.To place money into the pot in order to require others do the same, usually only used for the first person to place money in the pot on each round.
Part of speech: noun
Definition: A wager, an agreement between two parties that a stake (usually money) will be paid by the loser to the winner (the winner being the one who correctly forecast the outcome of an event).A degree of certainty.