Gambling in Calcutta
by Jerry "Jet" Whittaker
March
03, 2006
A Calcutta, or "auction
pool" is an event held in conjunction with a golf
tournament, horse race, or similar contest with multiple
entrants. Accordingly
participants (in Calcutta, India, from where this
technique was first recorded by the Colonial British)
bid among themselves to "buy" each of the contestants,
each contestant being assigned to the highest bidder.
The bids are pooled, and after the contest the pool is
divided among those players who won the winning
contestants at auction, divided according to proportions
agreed upon in advance (often in the same proportions as
the prize money awarded in the event itself).
Calcutta wagering:
Wagering on the outcome of
amateur contests, cutter horse racing, dog sled racing,
professional rodeo events or professional golf
tournament in which those who wager bid at auction for
the exclusive right to "purchase" or wager upon a
particular contestant or entrant in the event and when
the outcome of the event has been decided the total
wagers comprising the pool, less a percentage "take-out"
by the event's sponsor, is distributed to those who
"purchased" or wagered.
Gambling:
Risking any property for gain contingent in whole or in
part upon lot, chance, the operation of a gambling
device or the happening or outcome of an event,
including a sporting event, over which the person taking
a risk has no control, but does not include:
(A) Bona fide contests of skill, speed, strength or
endurance in which awards are made only to entrants or
the owners of entries;
(B) Bona fide business transactions, which are valid
under the law of contracts;
(C) Other acts or transactions now or hereafter
expressly authorized by law;
(D) Raffles or bingo conducted, or pull tabs sold, by
charitable or nonprofit organizations where the tickets
for the raffle or bingo are sold only in this state and
the pull tabs are sold only on the premises owned or
occupied by the charitable or nonprofit organization;
(E) Any game, wager or
transaction, which is incidental to a bona fide social
relationship, has participated in by natural persons
only, and in which no person is participating, directly
or indirectly, in professional gambling.
(F) Calcutta wagering on contests or events conducted by
a bona fide nationally chartered veterans', religious,
charitable, educational or fraternal organization or
nonprofit local civic or service club organized or
incorporated under the laws of this state.
Gambling device:
Any device, machine, paraphernalia or equipment except
an antique gambling device that is used or usable in the
playing phases of any professional gambling activity,
whether that activity consists of gambling between
persons or gambling by a person involving the playing of
a machine;
Gambling penalties:
a) A person who engages in gambling commits a
misdemeanor punishable by imprisonment for not more than
six (6) months, a fine of not more than seven hundred
fifty dollars ($750.00), or both.
(b) A person who engages in professional gambling
commits a felony punishable by imprisonment for not more
than three (3) years, a fine of not more than three
thousand dollars ($3,000.00), or both.
6-7-103. Gambling devices, gambling records, gambling
proceeds subject to seizure; disposition thereof;
antique gambling devices protected.
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