Nowadays, saying you want to make a wager is an old-fashioned term, but it is still used. The term refers 4️⃣ to the bet and every condition that it contains. Alternatively, the wager consists of the odds offered, the selection, the 4️⃣ stake along the bet. You can get more information if you have a look here.
Stake
A stake is simply the amount 4️⃣ you want to bet on a particular selection. When you have chosen a specific outcome to bet on, you then 4️⃣ have to determine how much you wish to wager. Therefore, if you want to wageR$10, your stake isR$10. When it 4️⃣ comes to high stakes betting, the value of the bet is usually high.
Odds
To winR$1 in a 1/10 price, you need 4️⃣ to stakeR$10 on the game. In this case,R$10 would provideR$11, The return is made up of yourR$10 stake plus theR$1 4️⃣ you won. A bet ofR$1 would win youR$10 if you placed it at an odd of 10/1. The return you 4️⃣ get from yourR$1 bet combined with theR$10 would beR$11. In all cases, if a bet wins, the stake plus the 4️⃣ amount won will be returned.