Gambling

(redirected from gamblings)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

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 classic literature ?
It's a mighty big come-down from gambling for a continent to gambling for a job.
The one paid down the money and the other took it, and the latter quitted the island, while the other went home; and then the governor said, "Either I am not good for much, or I'll get rid of these gambling houses, for it strikes me they are very mischievous.
In all lands where life is a hazard lightly played with and lightly flung aside, men turn, almost automatically, to gambling for diversion and relaxation.
Many of the saloons in Packingtown had pool tables, and some of them bowling alleys, by means of which he could spend his evenings in petty gambling.
He kept his oath about gambling (not a little to the surprise of us all), though Grimsby did his utmost to tempt him to break it, but now he had got hold of another habit that bothered him nearly as much, for he soon discovered that the demon of drink was as black as the demon of play, and nearly as hard to get rid of - especially as his kind friends did all they could to second the promptings of his own insatiable cravings.