"Wait a minute" is frequently used idiomatically in British English to indicate a slight pause, a hesitation or a moment of realisation, such as:
"Let's go to the park - oh, wait a minute, I saw a nasty dog there earlier today, let's go somewhere else instead."
These variants all mean roughly the same: 'hold on a moment/minute/second', or 'wait a moment/minute/second'.
On the other hand, depending on context, it can have the same meaning as 'wait for a minute', which is a more direct statement -- wait for one minute.