gambling, the betting or staking of anything of benefit, with consciousness of possibility and hope of acquire, on the end result of a match, a contest, or an uncertain function whose outcome could possibly be based on opportunity or accident or have an unforeseen consequence by explanation of your bettor’s miscalculation.
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One may also wager with One more individual that an announcement is legitimate or false, or that a specified occasion will occur (a "back again wager") or will not likely materialize (a "lay bet") within a specified time. This occurs particularly when two individuals have opposing but strongly held sights on truth or occasions.
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