Wager
Dictionary of Terms and Phrases Used in American or English Jurisprudence · Benjamin Vaughan Abbott · 1879
Dictionary of Terms and Phrases Used in American or English Jurisprudence
1.
An engagement to pay money, transfer property, perform services, &c., dependent on some event which is uncertain or unknown to the parties, and in which they have no interest. Wager is said to be synonymous with bet. See Bet. If there is a difference, it probably is that bet is more appropriate where the engagement of one party ouly is the idea prominently presented; and wager more appiopriate where the transaction on both sides, comprising mutual bets, is in view. But the words are used interchangeably. Wagers are considered not to have been intrinsically unlawful at common law, but might be enforced, unless the subject or attendant circumstances furnished a ground of illegality. But they payment. Cowel; Tomlins. And see Vouch. A voucher is any instrument which attests, warrants, maintains, bears witness.
State B. Hiclcman, 8 N. J. L. 299.