wager vs gage

wager and gage both are nouns.

Word	Noun	Adjective	Verb	Adverb
wager	Yes	No	Yes	No
gage	Yes	No	Yes	No

As verbs, gage is a hyponym of wager; that is, gage is a word with a more specific, narrower meaning than wager:

Other hyponyms of wager include back, bet on, game, punt, stake, play, raise, see.

wager (noun)	gage (noun)
the act of gambling	a measuring instrument for measuring and indicating a quantity such as the thickness of wire or the amount of rain etc.
the money risked on a gamble	street names for marijuana

wager (verb)	gage (verb)
maintain with or as if with a bet	place a bet on
stake on the outcome of an issue