Betting Agreement Sample Contracts

Section A - Conditions of agreement
Betting Agreement • September 12th, 2023
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Contract
Betting Agreement • September 28th, 2020
Betting
Betting Agreement • July 5th, 2006

A bet is an agreement between two parties, whereby money is paid to the party that correctly predicts the outcome of an event. The Gambling Act defines betting as: “making or accepting a bet on the outcome of a race, competition or other event or process; the likelihood of anything occurring or not occurring; or whether anything is or is not true”. The current law allows betting to take place either on-course (for example, at horseracing events), or off-course (i.e. within betting shops or remotely via telephone or online betting accounts). Pools betting at home or at dog tracks and football pools betting are also permitted.

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