How Do You Define Gambling ?

November 24, 2006 12:18am CST
Gambling has had many different meanings depending on the cultural and historical context in which it is used. Currently, in Western societies, it 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 or material goods". Typically the outcome of the wager is evident within a short period of time.
1 response
• Philippines
1 Dec 06
It is a game of luck, wherein if you get hook on it you end up with nothing except the clothes that you're wearing.