The Collaborative International Dictionary of English v.0.48:

wager \wa"ger\, v. t. [imp. & p. p. wagered (w[=a]"j[~e]rd);
   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 eventuality; to lay; to stake;
   to bet.
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         And wagered with him
         Pieces of gold 'gainst this which he wore. --Shak.
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The Collaborative International Dictionary of English v.0.48:

Wagering \Wa"ger*ing\, a.
   Hazarding; pertaining to the act of one who wagers.
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   Wagering policy. (Com.) See Wager policy, under Policy.
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