This time we are looking on the crossword puzzle clue for: Wager.
it’s A 5 letters crossword definition.
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Last seen on: –Thomas Joseph – King Feature Syndicate Crossword – Jan 4 2021
–Eugene Sheffer – King Feature Syndicate Crossword – Nov 9 2020
–USA Today Crossword – Nov 2 2020
–Newsday.com Crossword – Oct 19 2020
–Wall Street Journal Crossword – May 18 2020 – On Alert
–Eugene Sheffer – King Feature Syndicate Crossword – Mar 21 2020
–Eugene Sheffer – King Feature Syndicate Crossword – Mar 19 2020
–NY Times Crossword 15 Jan 20, Wednesday
–USA Today Crossword – Dec 19 2019
–LA Times Crossword 5 Nov 19, Tuesday
Daily Celebrity Crossword – 9/26/19 Top 40 Thursday
Random information on the term “Wager”:
In the Roman litigation system, while the Legis Actiones procedure was in force during the early Republic, both parties had to lay down a wager at the preliminary hearing, probably to discourage frivolous litigation. In some cases, if the party lost, the wager went to the other party, to compensate him for his inconvenience, rather than to the court to cover costs. There were three different types of legis actiones, and the wager differed in each one.
The standard procedure for litigation under the legis actiones system, it was used whenever another procedure was not proscribed by statute. Both parties had to lay down a wager of 50 asses, 500 if the matter under dispute was worth 1000 or more. The wager of the winning party would be returned, but the loser’s would be forfeited to the state. While the reasoning lay, in theory, in the idea of a sacrifice to the gods, its main effect was to discourage frivolous litigation since the sums laid down as wagers were substantial.
Random information on the term “Bet”:
Gambling is the wagering of money or something of value (referred to as “the stakes”) on an event with an uncertain outcome, with the primary intent of winning money or material goods. Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance), and a prize. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season.
The term “gaming” in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; i.e., a “gaming” company offers (legal) “gambling” activities to the public and may be regulated by one of many gaming control boards, for example, the Nevada Gaming Control Board. However, this distinction is not universally observed in the English-speaking world. For instance, in the United Kingdom, the regulator of gambling activities is called the Gambling Commission (not the Gaming Commission). The word gaming is used more frequently since the rise of computer and video games to describe activities that do not necessarily involve wagering, especially online gaming, with the new usage still not having displaced the old usage as the primary definition in common dictionaries. “Gaming” has also been used to circumvent laws against “gambling”.