Gambling
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| - | The term '''gambling''' has many different meanings depending on the cultural and historical context in which it is used. Currently, in [[Western world|Western societies]], it has an [[economics|economic]] [[definition]], referring to "wagering [[money]] or something of material [[Value (personal and cultural)|value]] on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods". Typically, the outcome of the wager is evident within a short period of time. | + | '''Gambling''' is the [[wager|wagering]] of [[money]] or something of material [[Value (economics)|value]] (referred to as "the stakes") on an [[Event (probability theory)|event]] with an uncertain outcome with the primary intent of winning additional money and/or material goods. Gambling thus requires three elements be present: consideration, chance and prize. |
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| + | == See also == | ||
| + | <div style="column-width:45em;-moz-column-width:45em;-webkit-column-width:45em"> | ||
| + | *[[Casino]] | ||
| + | *[[Comps (casino)]] | ||
| + | *[[Faro Ladies]] | ||
| + | *[[Gambler's conceit]] | ||
| + | *[[Gambler's fallacy]] | ||
| + | *[[Gambler's ruin]] | ||
| + | *[[Gaming mathematics]] | ||
| + | *[[List of bets]] | ||
| + | *[[Mobile gambling]] | ||
| + | *[[Online gambling]] | ||
| + | *[[Put your money where your mouth is]] | ||
| + | </div> | ||
| {{GFDL}} | {{GFDL}} | ||
Revision as of 20:49, 12 November 2013
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Gambling is the wagering of money or something of material value (referred to as "the stakes") on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods. Gambling thus requires three elements be present: consideration, chance and prize.
See also
Unless indicated otherwise, the text in this article is either based on Wikipedia article "Gambling" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on research by Jahsonic and friends. See Art and Popular Culture's copyright notice.
