Source : Webster's Revised Unabridged Dictionary (1913)

Wager \Wa"ger\, v. t. [imp. & p. p. {Wagered}; p. pr. & vb. n.
   {Wagering}.]
   To hazard on the issue of a contest, or on some question that
   is to be decided, or on some casualty; to lay; to stake; to
   bet.

         And wagered with him Pieces of gold 'gainst this which
         he wore.                                 --Shak.

Wagering \Wa"ger*ing\, a.
   Hazarding; pertaining to the act of one who wagers.

   {Wagering policy}. (Com.) See {Wager policy}, under {Policy}.