a mustache that goes down to your jawline, made famous by outlaws in the wild west. only to be worn by catfish, champions, and all around badasses like hulk hogan.
A noun describing a person, typically of the male gender, who is both desperate and sleazy. Characteristics of a desperapist include inappropriate touching, sleazy comments and uncomfortable closeness.
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.