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						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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