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.
   [1913 Webster]

         And wagered with him
         Pieces of gold 'gainst this which he wore. --Shak.
   [1913 Webster]