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}.