ABC has announced Wanna Bet, a new series that will give celebrities a chance to win money for charity by wagering on various stunts, will premiere Monday, July 21 at 9PM ET/PT.

Each episode of Wanna Bet will follow four celebrity contestants as they bet on the success or failure of various stunts, tricks and challenges concocted by average Americans.  The celebrities who are the most successful with their wagering will earn money that will then be donated to the charity of his or her choice.

Wanna Bet will be hosted by British comedians Ant and Dec -- who currently helm Britain's Got Talent.  Celebrity participants already slated to participate are Dancing with the Stars second-season champ Drew Lachey; The View co-host Sherri Shepherd; comedian Bill Engvall; and former Skating with Celebrities host Scott Hamilton.

ABC ordered Wanna Bet -- an American adaptation of a German quiz game show -- last year, and it's executive produced by Philip Gurin and Mark Jansen.

In addition to Wanna Bet's debut, ABC has also announced premiere dates for seven other reality shows the network will air this summer.

The Bachelorette's fourth season will premiere Monday, May 19 at 9PM ET/PT; The Mole's fifth season will premiere on Monday, May 26 at 10PM ET/PT; Wipeout will premiere on Tuesday, June 24 at 8PM ET/PT; I Survived a Japanese Game Show will premiere June 24 at 9PM ET/PT; Hopkins will premiere on Thursday, June 26 at 10PM ET/PT; Dance Machine will premiere on Friday, June 27 at 8PM ET/PT; and High School Musical: Summer Session will premiere Sunday, July 20 at 8PM ET/PT.