Gambling

(redirected from betting)
Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia.
Related to betting: betting odds

Gambling

The act of wagering on an event or a game of chance in which the outcome is uncertain. This includes card games such as poker or bets on sporting events. In U.S. tax, all gambling income, regardless of where or how it was obtained, is taxable income and must be reported to the IRS. Professional gamblers may deduct all gambling losses against gambling income, but casual gamblers may only do so up to the amount of their gambling income.
References in periodicals archive ?
In addition, the definition of "bookmaker" in the Betting Act is arguably broad enough to include entities operating internet betting websites.
In a bookmaker's shop, for bets such as win and eachway, all you need is a plain betting slip and a pen.
Wait to receive your second reply text with the betting options and possible returns, then reply A, B or C etc to place your pounds 3 FREE BET.
Text Betting is the quickest and easiest way to place a bet - and our exclusive Cheltenham offer is COMPLETELY FREE - so why not give it a try?
STEP 3: Your free pounds 5 single bet will be available on your betting slip when you place a bet.
In that case, betting on the Grizzlies doesn't seem anywhere near as, well, grizzly.
This is the first book on binary betting and explains in simple language what binary bets are, how to trade them profitably and how to reduce risk.
April Fool's Day, Betfool Limited ("BFL"), a company incorporated in the UK but licensed and authorized by the Government of Curacao to conduct online gaming operations, will officially launch to the online gaming community its online betting site "Betfool", assessed at www.
com's extensive betting offer can be used even on the go
Hand in your completed betting slip with your EUR5 free bet selection, along with this coupon to avail of this offer.
Text Betting is the quickest, easiest way to place a bet.
SKY BET yesterday signed a deal that will allow their customers the option of betting on the full range of Totepool products by pressing the interactive red button on the Sky remote control, writes Paul Eacott.