wager vs punt

wager and punt both are nouns.

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

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

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

wager (noun)	punt (noun)
the act of gambling	formerly the basic unit of money in Ireland; equal to 100 pence
the money risked on a gamble	(football) a kick in which the football is dropped from the hands and kicked before it touches the ground
	an open flat-bottomed boat used in shallow waters and propelled by a long pole

wager (verb)	punt (verb)
maintain with or as if with a bet	place a bet on
stake on the outcome of an issue	propel with a pole
	kick the ball