Wagering
Definitions
- (n.) The act or practice of placing bets or stakes on the outcome of uncertain events, often involving games of chance or sports, regulated under gambling laws.
The state legislature passed new regulations governing wagering on horse races.
Forms
- wagering
Related terms
See also
Commentary
In legal contexts, 'wagering' specifically refers to the placing of bets, and is often distinguished from other forms of gambling such as lotteries or gaming based on the nature of the event and betting structure.
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.