Crossword Genius

Elizabeth's wagers (4)

Ross

I believe the answer is:

bets

I'm a little stuck... Click here to teach me more about this clue!

'elizabeth's wagers' is the definition.
'bets' can be an answer for 'wagers' ('bet' can be a synonym of 'wager'). I am unsure of the 'elizabeth's' bit.

'elizabeth's wagers' is the wordplay.
'elizabeth' becomes 'bet' (I've seen this in other clues).
'wagers' becomes 's' (I am not sure about this - if you are sure you should give a lot more credence to this answer).
'bet'+'s'='BETS'

Can you help me to learn more?

(Other definitions for bets that I've seen before include "Gambles" , "Wager, stake" , "Wagers" , "plays" , "Makes wager" .)

I've seen this clue in The Mirror.
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