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wager

noun

/ˈweɪdʒə/

IPA:

Dictionary definition of wager

A bet or a stake that is placed on the outcome of a particular event or situation.
"His wager on the stock market paid off handsomely."

Detailed meaning of wager

It is a form of gambling where a person risks a certain amount of money or possession on the prediction of a specific outcome. Wagers are often made in sports, horse racing, and casino games, but they can also be made in informal situations such as friendly bets or challenges. Wagers can have different levels of risk and rewards depending on the type of bet, the odds, and the amount of money or possession that is being wagered. The term 'wager' is often used interchangeably with 'bet' and is a common term in the gambling industry. A successful wager results in a payout or reward, while an unsuccessful one results in the loss of the wagered amount. In summary, a wager is a bet or a stake that is placed on the outcome of an event or situation, with the possibility of winning or losing money or possessions.

Example sentences containing wager

1. She placed a modest wager on the lottery, hoping for a stroke of luck.
2. She made a friendly wager with her friend on who could run faster.
3. The wager was settled with a friendly game of poker.
4. His wager of a thousand dollars was a bold move.
5. The wager was a risky bet, but it added excitement to the game.
6. The high-stakes wager left everyone on edge.

History and etymology of wager

The noun 'wager' has an etymology that traces its origins to Old English and Old Norse. It comes from the Old English word 'weddian,' which meant 'to pledge' or 'to wager.' This term is closely related to the Old Norse word 'veð,' which had a similar meaning. In both cases, the idea was to place something of value as a pledge or bet on the outcome of an event or situation. Over time, 'wager' emerged in Middle English as the word used to describe a bet or stake placed on the result of a particular event, often with the expectation of winning something in return. Its etymology reflects the practice of using pledges or wagers as a form of betting, a tradition that has persisted through the centuries, making 'wager' a term that continues to be associated with games of chance and betting on uncertain outcomes.

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Further usage examples of wager

1. He placed a wager on the outcome of the horse race.
2. The wager was a symbol of their competitive spirit.
3. She won the wager by correctly guessing the final score.
4. The wager added an element of suspense to the card game.
5. Their wager was a test of their knowledge and intuition.
6. The wager was a testament to their confidence in their team.
7. He couldn't resist placing a small wager on the roulette table.
8. The wager was a playful challenge between the siblings.
9. The outcome of the wager was uncertain until the very end.
10. The friendly wager brought laughter and excitement to the gathering.
11. His significant wager showed his commitment to the outcome.
12. The wager was a lighthearted way to pass the time.
13. She regretted making such a reckless wager.
14. The wager added an element of thrill to their day at the casino.
15. The wager symbolized the friendly rivalry between the two clubs.