The Hamlet Project

The use of “with” here makes me wonder what the conditions and rules of this duel actually are.
The king has wagered with Laertes.
Does this mean he has bet Laertes? That is – if Laertes wins, he’ll give him six Barbary horses? Is that the deal? And then this whole swords with their carriages is what Laertes will give Claudius if he loses?
Is that right?
It’s not just a simple “Let’s see who wins” situation. There are stakes. But not for Hamlet – at least not in the public set up. It’s odd to frame it that way. The conditions are sort of needlessly complex. But maybe that needless complexity is on purpose – to distract from the murdering they’re planning on doing. If everyone is busy thinking about Barbary horses and carriages of swords, then they might not notice the murdering.