What does the cryptic crossword clue "Carry on with bloody bet (7)" mean?

The definition is "bet". The wordplay uses a charade (building blocks). WAGE (synonym of "Carry on") + RED (synonym of "bloody"); definition: "bet" The answer is WAGERED.

Carry on with bloody bet (7)

Guardian Cryptic #28256 | 20 Down | 2020-10-05 flower

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