The term 'RAISES, PERHAPS' can be solved by the four-letter word 'BETS'. This term is often used to refer to an increase in salary or wages, which is usually done when an employee is promoted or has been with a company for a long period of time. In some cases, it can also refer to a raise given as a reward for good performance. BETS can also be used to describe the act of gambling, where a person wagers money on the outcome of a game or event.