I have done this with no problem. I obsoleted the need for the cable by using WiFi before the cable ever could become a problem. But while I was using it I had no problems. The trick is to not just bury the wire. Enclose it to keep water away from it.
Since this is for home use, I would suggest that you bury it inside a length of PVC pipe.
Get the smallest that will work for you, and put on elbows and such so it comes up at each end then angles down before the cable goes through a wall, so rain stays out of it. I spray-painted mine black so it was barely noticeable, mounted on the wall.
Be sure to plan for failure because this cable is not designed for this, so have a second one in the pipe with the first one just in case. Maybe also make a third one you keep in the garage in case water does cause a problem with whatever is in the pipe and you have to pull them both out and blow it clean.
Like with any conduit-type installation, make sure you pull in a draw string along with the cable(s).
Connectors on each end for easy swapping, of course.
In any case, give it a try. The worst that can happen is that it will work for a few months then fail. You have the cable, and PVC pipe and fittings are all very inexpensive. Not all the PVC joints will need to be glued, but the elbows that go underground definitely should be.
Good luck with this project.