Crossword Genius

Wagers are best lost (4)

Ross

I believe the answer is:

bets

'wagers' is the definition.
('bet' can be a synonym of 'wager')

'best lost' is the wordplay.
'lost' is an anagram indicator.
'best' with letters rearranged gives 'BETS'.

'are' acts as a link.

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

I've seen this clue in The Mirror.
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