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bet
An agreement between two or more people in which the person whose prediction about the outcome of an uncertain event is wrong owes the other person something, usually money.
Wir haben eine Wette abgeschlossen, welche Mannschaft das Fußballspiel gewinnt.
We made a bet on which team would win the soccer game.
in a race / contest
In direct competition against one another to see who is faster or better.
Die Kinder sind am Strand um die Wette gelaufen.
The children raced each other on the beach.
stake
The amount of money or the object that is risked as the stake in a bet.
Die Wette war 20 Euro, die ich leider verloren habe.
The stake was 20 euros, which I unfortunately lost.
'Die Wette' (the bet) is the noun related to the verb 'wetten' (to bet). When you bet, you enter into a bet. This connection helps you learn both words together.
Ich wette mit dir um ein Eis, dass meine Mannschaft gewinnt.
I bet you an ice cream that my team will win.
'Eine Wette' (a bet) is often combined with the verbs 'abschließen' (to make/conclude), 'eingehen' (to enter into), 'gewinnen' (to win), or 'verlieren' (to lose). The stake of the bet is expressed with the preposition 'um' + accusative.
Wir haben eine Wette um 10 Euro abgeschlossen.
We made a bet for 10 euros.
The expression 'Ich wette, dass ...' (I bet that ...) is often used to express a strong conviction, even if you are not really making a bet. It means something like 'Ich bin mir sicher, dass ...' (I'm sure that ...).
Ich wette, dass es heute noch regnen wird.
I bet it will still rain today.
The expression 'um die Wette' means that you do something in direct competition with others. It is often combined with verbs of movement or activity such as 'laufen' (to run), 'schwimmen' (to swim), or 'essen' (to eat).
Die beiden Sportler schwammen um die Wette über den See.
The two athletes raced each other swimming across the lake.
operation / effort / use
In a bet, der Einsatz is the amount of money or value that is risked. Die Wette, on the other hand, is the entire agreement about an uncertain event and what may be owed. Use “Einsatz” when asking about the amount, and “Wette” when you mean the agreement.
Unsere Wette gilt, wenn morgen die Sonne scheint.
Our bet is valid if the sun is shining tomorrow.
Wie hoch ist der Einsatz bei dieser Wette?
How much is the stake in this bet?
