A bet can also be referred to as a wager. A wager is a sum of money or other stakes that a person risks in the hope of winning a prize or a return. In the context of gambling, a wager is placed on the outcome of a game or event, and the person who made the wager wins or loses depending on the outcome.
For example, in a game of poker, a player might make a wager on the strength of their hand, or in a game of roulette, a player might place a wager on a particular number. In both cases, the player is risking a certain amount of money or chips in the hopes of winning a larger amount.
The term "wager" is commonly used in both traditional and online gambling, and is a synonym for "bet." Both terms refer to the same concept of risking money or other stakes in the hopes of winning a prize.
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