Gambling

Gambling: An all-encompassing term covering activities in which a player places something of value at risk in order to win a prize of greater value should a chance (or an event determined at least in part by chance) occur. The chance events are usually determined by the outcomes of card or dice games, roulette or big wheels, contests, or the drawing of lots or raffle tickets. The legal definition of gambling contains three main elements: consideration, chance, and prize.

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