Wagering: meaning, definitions and examples

Used in more formal or professional settings, often associated with regulated environments such as sports books or casinos.

• The regulations around online wagering have become stricter
• Professional wagering requires extensive knowledge of odds and probabilities

Common and casual term used in everyday conversation when discussing placing bets on any event, often used in sports contexts.

• I've been betting on horse races for years
• We are betting on who will win the basketball game tonight

Used broadly to describe the act of risking money on games of chance, often associated with casinos or risky financial decisions. It can have a negative connotation due to its association with addiction.

• Many people enjoy gambling at the casino over the weekend
• Be careful; gambling can become addictive and lead to financial troubles

Less commonly used, often seen in the context of providing financial support or investment, sometimes in informal betting scenarios.

• He was staking his friend in a poker game
• The company is staking a lot on the success of this new product