Wordlessly and stoically brandishing one's penis as a last-ditch effort to win the heart of a reluctant female. As a result, she will either relinquish poontang or never speak to you again.
1. I gave up on ever being with Martha last night and pulled the Desperado's Wager. Needless to say, she has since defriended me on Facebook.
2. I laid the wager on Barbara at Giant Eagle and then we defiled the soup isle in a passionate frenzy.