Betting Agreement
/ˈbɛtɪŋ əˌɡriːmənt/
Definitions
- (n.) A legally enforceable pact between parties outlining the terms and conditions of a wager or bet.
The parties entered into a betting agreement to formalize their stakes on the horse race.
Forms
- betting agreement
- betting agreements
Related terms
See also
Commentary
Betting agreements may be subject to specific gambling laws and regulations depending on jurisdiction, affecting enforceability.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.