Definitions

1. noun

A person who bets against the prevailing odds or a proposition.

“The counterwager in the high-stakes poker game proved to be the most unpredictable player.”

2. verb

To bet or wager against something or someone.

“She countered her friend’s bet by counterwagering on the same horse.”

3. verb

To take an opposing or contrarian view, especially in a financial or speculative context.

“The investor chose to counterwager the market by investing in a diversification strategy.”