Bet vs. Wage - What's the difference?

Wikipedia

  • Wage

    A wage is monetary compensation (or remuneration, personnel expenses, labor) paid by an employer to an employee in exchange for work done. Payment may be calculated as a fixed amount for each task completed (a task wage or piece rate), or at an hourly or daily rate (wage labour), or based on an easily measured quantity of work done. Wages are part of the expenses that are involved in running a business. Payment by wage contrasts with salaried work, in which the employer pays an arranged amount at steady intervals (such as a week or month) regardless of hours worked, with commission which conditions pay on individual performance, and with compensation based on the performance of the company as a whole. Waged employees may also receive tips or gratuity paid directly by clients and employee benefits which are non-monetary forms of compensation. Since wage labour is the predominant form of work, the term "wage" sometimes refers to all forms (or all monetary forms) of employee compensation.

Wiktionary

  • Bet (noun)

    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).

    "Dylan owes Fletcher $30 from an unsuccessful bet."

  • Bet (noun)

    A degree of certainty.

    "It’s a safe bet that it will rain tomorrow."

    "It’s an even bet that Jim will come top of the maths test tomorrow."

  • Bet (noun)

    alternative form of beth

  • Bet (verb)

    To stake or pledge upon the outcome of an event; to wager.

  • Bet (verb)

    To be sure of something; to be able to count on something.

    "You bet!"

  • Bet (verb)

    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.

  • Bet (preposition)

    between

  • Wage (noun)

    An amount of money paid to a worker for a specified quantity of work, usually calculated on an hourly basis and expressed in an amount of money per hour.

  • Wage (verb)

    To wager, bet.

  • Wage (verb)

    To expose oneself to, as a risk; to incur, as a danger; to venture; to hazard.

  • Wage (verb)

    To employ for wages; to hire.

  • Wage (verb)

    To conduct or carry out (a war or other contest).

  • Wage (verb)

    To adventure, or lay out, for hire or reward; to hire out.

  • Wage (verb)

    To give security for the performance of.

Oxford Dictionary

  • Bet (verb)

    risk a sum of money or valued item against someone else's on the basis of the outcome of an unpredictable event such as a race or game

    "he bet on baseball games"

    "I would be prepared to bet that he wanted to leave"

    "most people would bet their life savings on the prospect"

  • Bet (verb)

    risk a sum of money against (someone) on the outcome or likelihood of a future event

    "I bet you £15 you won't chat her up"

  • Bet (verb)

    used to express certainty

    "I bet this place is really spooky late at night"

    "he'll be surprised to see me, I'll bet"

  • Bet (noun)

    an act of betting a sum of money

    "she had a bet on the Derby"

    "for a bet he once rode 200 miles in nine hours"

  • Bet (noun)

    a sum of money staked

    "the bookies are taking bets on his possible successor"

  • Bet (noun)

    a candidate or option offering a specified likelihood of success

    "your best bet is to call the official liquidators"

    "City looked a good bet for victory"

  • Bet (noun)

    one's opinion about a future event

    "my bet is that Arsenal won't win anything"

Webster Dictionary

  • Bet (noun)

    That which is laid, staked, or pledged, as between two parties, upon the event of a contest or any contingent issue; the act of giving such a pledge; a wager.

  • Bet

    To stake or pledge upon the event of a contingent issue; to wager.

  • Bet

    imp. & p. p. of Beat.

  • Bet (adjective)

    An early form of Better.

  • Wage

    To pledge; to hazard on the event of a contest; to stake; to bet, to lay; to wager; as, to wage a dollar.

  • Wage

    To expose one's self to, as a risk; to incur, as a danger; to venture; to hazard.

  • Wage

    To engage in, as a contest, as if by previous gage or pledge; to carry on, as a war.

  • Wage

    To adventure, or lay out, for hire or reward; to hire out.

  • Wage

    To put upon wages; to hire; to employ; to pay wages to.

  • Wage

    To give security for the performance of.

  • Wage (verb)

    To bind one's self; to engage.

  • Wage (noun)

    That which is staked or ventured; that for which one incurs risk or danger; prize; gage.

  • Wage (noun)

    That for which one labors; meed; reward; stipulated payment for service performed; hire; pay; compensation; - at present generally used in the plural. See Wages.

Princeton's WordNet

  • Bet (noun)

    the money risked on a gamble

  • Bet (noun)

    the act of gambling;

    "he did it on a bet"

  • Bet (verb)

    maintain with or as if with a bet;

    "I bet she will be there!"

  • Bet (verb)

    stake on the outcome of an issue;

    "I bet $100 on that new horse"

    "She played all her money on the dark horse"

  • Bet (verb)

    have faith or confidence in;

    "you can count on me to help you any time"

    "Look to your friends for support"

    "You can bet on that!"

    "Depend on your family in times of crisis"

  • Wage (noun)

    something that remunerates;

    "wages were paid by check"

    "he wasted his pay on drink"

    "they saved a quarter of all their earnings"

  • Wage (verb)

    as of wars, battles, or campaigns;

    "Napoleon and Hitler waged war against all of Europe"

Illustrations

Wage

Popular Comparisons
Recently Compared
32 seconds ago
2 hours ago
2 hours ago
4 hours ago
6 hours ago
10 hours ago
10 hours ago