wager vs perfecta

wager and perfecta both are nouns.

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

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

wager: the act of gambling
perfecta: a bet that you can pick the first and second finishers in the right order

Other hyponyms of wager include daily double, exacta, parimutuel, parlay, place bet, superfecta, handicap bet.

wager (noun)	perfecta (noun)
the act of gambling	a bet that you can pick the first and second finishers in the right order
the money risked on a gamble

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