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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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KUALA LUMPUR, Jan 6 (Reuters) - Shares of Malaysian construction firm WCT Bhd ( WCTE.KL ) dived 30 percent on Tuesday after the cancellation of a $1.3 billion contract to build a racecourse in Dubai. Dubai's Meydan LLC, which in 2007 commissioned a ...

UPDATE 2-Malaysia WCT tumbles 30 pct as Dubai axes deal - Reuters

ARCADIA, Calif. -- In many ways, Tizfiz is turning out to be a steal. Claimed for $50,000 here in October, she won her graded stakes debut in the $150,000 San Gorgonio Handicap at Santa Anita on Sunday, setting a slow pace and leading throughout. The ...

Tizfiz leads all the way in Grade 2 San Gorgonio at Santa Anita - ESPN.com

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

DUBAI, United Arab Emirates (AP) — One of two companies working on a $1.25 billion Dubai race course says its contract will be dropped. The announcement puts the fate of the future site of the Middle East's premier horse race in doubt. Malaysia's ...

Contractor says $1.3B deal to build course for horse racing's Dubai ... - Chicago Tribune

This afternoon's National Hunt meeting at Sedgefield has been abandoned due to a frozen track. Tomorrow's National Hunt meetings at Fontwell Park and Musselburgh have been abandoned due to frozen tracks. WHISKEY CREEK got the week off to a good start ...

Horse racing: Today's late whispers - Nottingham Evening Post

C-J Web site wins award for horse project (12/31) Account-wagering deal OK'd for River Downs (12/28) Gomez hospitalized after fall at Santa Anita (12/28) Louisville trainer had 'sixth sense' for horses (12/27) Two Fair Grounds barns are quarantined ...

Horse Racing - Louisville Courier-Journal

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

ST-ANDRE-D'ARGENTEUIL, Que. -- Hoofing past the racehorse stalls along the hay-covered floors of his stable, one of Quebec's largest breeders is quick to boast that he's among champions. Yves Filion says he's had a lifelong passion for horse racing ...

Quebec horse racing faces uncertainty - Edmonton Sun

HALLANDALE BEACH - The biggest gamble at Gulfstream Racing and Casino doesn't involve horse racing, slots or even poker. And the results of the wager won't be known for another year. It's the $1.2 billion The Village at Gulfstream Park, the racino's ...

Gulfstream racing opens Saturday; $1.2 billion village is year from ... - Fort Lauderdale Sun-Sentinel

Ron Cox: Catterick failed to pass its morning inspection, but jump racing goes ahead at Cheltenham, Exeter and Fakenham today, with an all-weather card at Southwell, where How's She Cuttin' (1.00) looks a sound bet in the sprint handicap. David ...

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