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Subjects>Law & Government>Law & Legal Issues

What is the difference between betting and gambling?

Lulu Pfannerstill ∙

Lvl 10

∙ 9mo ago

Updated: 2/27/2025

Betting involves making a prediction on a specific outcome, such as a sports game, with the possibility of winning money based on the accuracy of the prediction. Gambling, on the other hand, encompasses a wider range of activities where the outcome is based on chance, such as casino games, and typically involves risking money for a chance to win more.

AnswerBot

∙ 9mo ago

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Related Questions

Is it legal for college basketball betting?

It depends on the location of the betting. It is more dependent on whether gambling is legal in your location than what you are betting on. Check your local gambling regulations to find your answer.

Is betting on something you know is right gambling?

Yes, it is. Any wagers are considered gambling.

Is Betting on something that you know is right gambling?

yes

What other forms of gambling are there?

3 main types of gambling are: Gaming (Poker, Blackjack, Slot Machines, etc.), Betting (Literally. Like betting on horses) and Lottery.

Online gambling?

Online gambling is an act of betting money in order to get a profit which is decided by a win or lose.

What has the author Jerry L Patterson written?

Jerry L. Patterson has written: 'Blackjack, a winner's handbook' -- subject(s): Blackjack (Game) 'Sports betting' -- subject(s): Gambling, Sports betting 'Casino gambling' -- subject(s): Casinos, Gambling, Gambling systems

What are senator Obama and Senator McCains favorite gambling games?

betting on their lives and protitution betting on their lives and prostitution

Small ways to double money?

gambling , betting on random things

What are the difference between gaming and gambling?

When gaming, you're just playing for fun. Gambling is when you bet something.

Is pari-mutuel betting legal in MIssissippi?

Casino gambling is legal in MIssissippi.

What are some of the types of gambling that are now illegal?

While there are many types of gambling that are legal, there are some that are illegal as well. These types of illegal gambling include unlicensed casinos and sports betting.

Are there any cities without gambling?

Yes, maybe. in some cities, gambling is illegal, but it doesn't mean that there is no gambling activity. There's underground gambling. You can also gamble online. You can bet online. There is also what we call online sports betting, which is the new trend online.

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