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Compete vs Wager - What's the difference?

compete | wager |

As verbs the difference between compete and wager

is that compete is while wager is to bet something; to put it up as collateral.

As a noun wager is

something deposited, laid, or hazarded on the event of a contest or an unsettled question; a bet; a stake; a pledge or wager can be agent noun of wage; one who wages.

compete

English

(Webster 1913)

Verb

  • To contend emulously; to seek or strive for the same thing, position, or reward for which another is striving; to contend in rivalry, as for a prize or in business; as, tradesmen compete with one another.
  • Usage notes

    A person will compete for'' a prize received for winning a competition. Two or more persons ''compete against'' one another if they are rivals. Two or more persons can ''compete with'' each other as teammates, however ''compete with'' is also used to indicate two persons ''competing against each other.

    Derived terms

    * competitor * competition * noncompete

    wager

    English

    (Webster 1913)

    Etymology 1

    From (etyl) wageure'', from ''wagier'' "to pledge" (compare Old French guagier, whence modern French gager). See also ''wage .

    Noun

    (wikipedia wager) (en noun)
  • Something deposited, laid, or hazarded on the event of a contest or an unsettled question; a bet; a stake; a pledge.
  • * Sir W. Temple
  • Besides these Plates, the Wagers may be as the Persons please among themselves, but the Horses must be evidenced by good Testimonies to have been bred in Ireland.
  • * Bentley
  • If any atheist can stake his soul for a wager against such an inexhaustible disproportion, let him never hereafter accuse others of credulity.
  • (legal) A contract by which two parties or more agree that a certain sum of money, or other thing, shall be paid or delivered to one of them, on the happening or not happening of an uncertain event.
  • (Bouvier)
  • That on which bets are laid; the subject of a bet.
  • Verb

    (en verb)
  • To bet something; to put it up as collateral
  • I'd wager my boots on it.
  • (figuratively) To daresay.
  • I'll wager that Johnson knows something about all this.
    Synonyms
    * (to daresay) lay odds

    Etymology 2

    From the verb, to wage + .

    Noun

    (en noun)
  • Agent noun of wage; one who wages.
  • * 1912 , Pocumtack Valley Memorial Association, History and Proceedings of the Pocumtuck Valley Memorial Association , p. 65:
  • They were wagers of warfare against the wilderness and the Indians, and founders of families and towns.
  • * 1957 , Elsa Maxwell, How to Do It; Or, The Lively Art of Entertaining , p. 7:
  • Hatshepsut was no wager of wars, no bloodstained conqueror.
    English agent nouns