Theme of the Month - Online Gambling Awareness

Online gambling is when a bet is placed over the internet. With current technology, this usually involves logging onto an online casino, bingo room, sports book, etc. These can be accessed via a laptop, computer, or mobile device, using a credit or debit card to place the bet.

To be classed as gambling, there must be three specific elements. This includes the stake, an element of chance, and a prize:

  • The consideration or stake is the money offered by the better placing the bet.

  • The chance refers to the possibility that the bettor will win or lose their stake. This is more down to luck rather than skill.

  • The prize is what the bettor can win if the outcome of the bet is in their favour.

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