Wagering contract

Definition of Wagering contract

A contract which is of the nature of wager. Contracts of this nature include various common forms of valid commercial contracts, as contracts of insurance, contracts dealing in futures, options, etc. Other wagering contracts and bets are now generally made illegal by statute against betting and gambling, and wagering has in many cases been made a criminal offence.

See also: wager

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Waferer
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wager
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Wagering
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Waggel
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Wagon
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Wagonage
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