how do you win?
Let me quote part of the first post of this thread (just a couple post before your by the way)
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WAGERING CONTEST.
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Also on free dictionary you can find the definition of wagering
http://www.thefreedictionary.com/wageringwageringAlso found in: Thesaurus, Medical, Legal, Financial, Idioms, Encyclopedia, Wikipedia.
Related to wagering: Wagering contract
wa·ger (wā′jər)
n.
1.
a. An agreement under which each bettor pledges a certain amount to the other depending on the outcome of an unsettled matter.
b. A matter bet on; a gamble.
2. Something that is staked on an uncertain outcome; a bet: a wager of $20.
3. Archaic A pledge of personal combat to resolve an issue or case.
v. wa·gered, wa·ger·ing, wa·gers
v.tr.
To risk or stake (an amount or possession) on an uncertain outcome; bet.
v.intr.
To make a bet.