Crossword Genius

On which to lie about dead bets? (8)

Ross

I believe the answer is:

bedstead

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'on which to lie' is the definition.
I can't judge whether this defines the answer.

'about dead bets?' is the wordplay.
'about' indicates anagramming the letters.
'dead'+'bets'='deadbets'
'deadbets' is an anagram of 'BEDSTEAD'.

Can you help me to learn more?

(Other definitions for bedstead that I've seen before include "Frame upon which a mattress sits" , "Frame for a sleeping person" , "Frame etc on which one sleeps" , "Frame for sleepers" , "Framework supporting springs and mattresses" .)

I've seen this clue in The Irish Independent.
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