![]() ![]() ![]() The term "gaming" in this context typically refers to instances in which the activity has been specifically permitted by law. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season. Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance), and a prize. Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted. ![]() For other uses, see Gamble (disambiguation), Gambler (disambiguation), Betting (disambiguation), and Bets (disambiguation).Ĭaravaggio, The Cardsharps ( c. "Gamble", "Gambler", "Betting", and "Bets" redirect here. ![]()
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