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Of Gambling
and Betting
by Jerry "Jet"
Whittaker
July 5, 2006
Gambling has had many dissimilar meanings depending on
the cultural and historical context in which it is used.
Presently, in western society, it generally has an
economic definition and meaning and typically refers to
wagering money or something of material value on
something with an uncertain outcome in hope of winning
additional money or material goods. Statutory gambling
laws in each state are represented in full text. A chart
answering common state gambling law questions is
comprised of, as are articles explaining different
aspects of gambling laws. Gambling can be a form of
entertainment if handled with the right attitude. A good
approach is to aspire to win but to also be prepared to
lose and lose only the amount you planned to risk on
that day. In other words, one has to accept the fact
that you cannot force a winning outcome and you cannot
win every time.
About the gaming and the gambling
Gaming and gambling in the United States have gone
through a great boom. During the past decade most states
have expanded legalized gaming, comprising of regulated
casino-style games and lotteries. There has been an
explosion in commencement of Native American casinos.
Gambling and betting online has grown exponentially. The
words gamble and gambling are usually used to discuss an
activity that may run afoul of applicable criminal laws.
The word gaming is generally reserved for those
instances where the activity has been specifically
legalized by applicable laws or where the activity is
exempted from the criminal laws. Thus, playing a
casino-style game at a for-profit website online in the
United States is mentioned as gambling, since no state
has yet finalized any law specifically authorizing a
for-profit website operator to offer any casino games.
Conclusion
The two words that are the gaming and the gambling are
not mutually exclusive. That is, a gaming activity could
turn out to be gambling where applicable laws regulating
that specific gaming are violated. Likely, a
gambling
and betting activity may turn out to be
gaming if it is exempted from a given criminal statute.
For instance, playing a card game for money in a purely
social setting where no one earns anything from the game
other than as a mere player would be gaming if such
social games were excluded from the reach of the
criminal laws in the state where the game takes place.
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