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"Gamble" redirects here. For other uses, see Gamble (disambiguation). Caravaggio, The Cardsharps, c. 1594. Gambling has an economic definition, referring to wagering money or something of material 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. The term gaming[1] in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; i.e.: a “gaming” company offers (legal) “gambling” activities to the public.[2] Contents 1 Legal aspects 2 Gambling variables 3 Types of gambling 3.1 Casino games 3.1.1 Table games 3.1.2 Electronic gaming 3.1.3 Other gambling 3.2 Non-casino gambling games 3.3 Fixed-odds gambling 3.3.1 Parimutuel betting 3.3.2 Sports betting 3.4 Arbitrage betting 3.5 Other types of betting 4 Staking systems 5 Other uses of the term "gambling" Many risk-return choices are sometimes referred to colloquially as "gambling." Whether this terminology is acceptable is a matter of debate, but generally the following activities are not considered gambling: Emotional or physical risk-taking, where the risk-return ratio is not quantifiable (e.g., skydiving, campaigning for political office, asking someone for a date, etc.) Insurance is a method of shifting risk from one party to another. Insurers use actuarial methods to calculate appropriate premiums, which could

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A prominent Dallas businessman and a state legislator have entered the field to build a horse racing track just outside of Lancaster. Dental clinic mogul David Alameel, his wife, Martha, and state Rep. Yvonne Davis have an application pending with ...

Proposed horse racing track near Lancaster has big backers - Dallas Morning News

Wednesday, December 31 Balmoral Park will add ten $50,000 Illinois bred stakes in early August to replace the state-bred added money events that were held at Hawthorne the past several years after the Stickney, IL track was denied 2009 harness racing ...

Horse and Harness Racing - Chicago Tribune

Q: At one time, harness races were held at the old La Crosse Interstate Fairgrounds, with horse barns along Hwy. 16 between La Crosse and West Salem. What ever happened to the barns? A: We have no information on the fate of any horse barns along Hwy ...

Ask the Trib: Horse barn was moved from La Crosse to West Salem in ... - La Crosse Tribune

A federal judge Monday set a short timetable for defense lawyers to review four secret recordings made in the federal investigation of Gov. Rod Blagojevich . U.S. District Chief Judge James Holderman directed prosecutors to release the recordings by ...

Impeachment panel may get Blagojevich tapes this week - Chicago Tribune

This morning the Ontario Harness Horse Association issued the following release to the industry commenting on the 2009 racing contract with the Woodbine Entertainment Group. OHHA does not support cheating at the races. OHHA does support the legal ...

OHHA Comments On Racing Contract - Standardbred Canada

At an OHHA members' meeting Sunday night the large gathering voted to support its negotiating team's efforts to secure a satisfactory OHHA racing contract with WEG and in the circumstances are prepared to temporarily race their horses while those ...

Horsepeople Vote To Continue To Negotiate And Race - Standardbred Canada

Scarborough Downs and the Standardbred Pleasure Horse Organization of Maine (SPHO) once again joined forces on Saturday (January 3) to co-sponsor a moving retirement ceremony that honored the accomplishments of six local harness horses whose racing ...

Kingstar A one of six retirees at Scarborough - Harness Link.com

Big Brown, the thoroughbred that missed becoming the 12th Triple Crown winner when the colt was pulled up in the Belmont Stakes, was the top money earner in 2008 with almost $3.6 million, Equibase Co. said. Big Brown, the first Triple Crown contender ...

Big Brown is top earner - Buffalo News

Over 120 horsepeople, owners, trainers, drivers and grooms, braved the winter storm on Tuesday night to discuss the Ontario Harness Horse Association's (OHHA) negotiations with the Woodbine Entertainment Group (WEG) for a Standardbred racing contract ...

Canadian horsemen stand united - Harness Link.com

If you love horses, there are lots of clubs and organizations in the area to share your interests. And it gives equestrians a chance to meet new friends. With the colder weather and less riding time, this could be your chance to find out more about ...

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