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Wager

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wager
I
wager1 /ˈweɪdʒə $ -ər/ noun [countable] old-fashioned
 Date: 1300-1400
 Language: Anglo-French
 Origin: wageure, from Old North French wagier; wage2
an agreement in which you win or lose money according to the result of something such as a race
   SYN  bet

II
wager2 verb [transitive] old-fashioned
1. to agree to win or lose an amount of money on the result of something such as a race
   SYN  gamble
    wager something on something
    Stipes wagered all his money on an unknown horse.
2. I’ll wager used to say that you are confident that something is true