Homonym: Wager (Bet)
A wager is a bet or agreement between two or more parties where they risk something of value, usually money, on the outcome of an event. This event can be anything from a sports game to a card game, and the terms of the wager specify what each party stands to win or lose.
Wagers are commonly associated with gambling, where individuals place bets on uncertain outcomes. The practice of wagering can be traced back to ancient civilizations, and it remains a popular form of entertainment today, often regulated by laws in various regions to ensure fairness and legality.