Tuesday, April 25, 2006

Gambling cannot be defined easily as the scope of the gambling is very fast it also includes the betting and lottery systems are also included in this list. The gambling is any activity involving risking money or valuables making a wager or placing a stake on the outcome of a gamble or contest depends partially or totally upon luck or chance or upon ones ability to do something and to bet is to risk your money on happening or not happening of an uncertain event. One person can also bet with another that a statement is true or false, or that a specified event will happen or will not happen within a specified time. The popularity of the betting has registered a significant increase over the past few years. Betting is the fastest growing branch of gambling as there are so many people who bet on the sports or horse race. Read further...