A wager is a contract by which two or more parties agree that a certain sum of money or other thing shall be paid or delivered to one of them on the happening of an uncertain event or upon the ascertainment of a fact which is in dispute between them. A contract in which the parties stipulate that they shall gain or lose upon the happening of an uncertain event in which they … [Read more...]
WAGER
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.