Betting definition

Betting means making, accepting, or laying a Bet and shall include, without limitation, activities commonly referred to as sports betting such as fixed and running odds, totalisator/toto games, live betting, betting exchange, spread betting and other games offered by sports betting operators.

Betting means making or accepting a bet on the outcome of a race, competition, or any other event ; the likelihood of anything occurring or not occurring; or whether anything is true or not

Betting. : shall mean making, accepting, or laying a wager of money or any other form of financial speculation and shall include, without limitation, activities commonly referred to as sports betting such as fixed and running odds, totalizator/toto games, live betting exchange, spread betting and other games offered by sports betting operators;

Examples of Betting in a sentence

• Cheques should be made payable to the KwaZulu-Natal Gaming and Betting Board.

• Before completing the application form, please refer to sections 32 and 67 of the KwaZulu-Natal Gaming and Betting Act, 2010 (Act No. 8 of 2010).

• Section 32, read with section 67 of the KwaZulu-Natal Gaming and Betting Act, 2010 (Act No. 8 of 2010) lays down various circumstances that disqualify a person, including a juristic person, from being granted a licence or from being granted a certificate of registration.

• Foreign technology collaboration in any form including licensing for franchise, trademark, brand name, management contract is also prohibited for Lottery Business and Gambling and Betting activities.

• Section 30 (5) of the KwaZulu-Natal Gaming and Betting Act, 2010, requires that any application lodged with the Board shall be available for inspection by the public who may also request copies of or extracts from the application.

More Definitions of Betting

Betting means making or accepting a bet on—

Betting means any kind of betting including but not limited to online betting.

Betting means an arrangement that involves risking money or another valuable thing on an event which has an uncertain result;

Betting means making or accepting a wager, otherwise than in relation to a game or a lottery, on—

Betting means making or accepting a bet on

Betting means any arrangement between two individuals for betting on the probable outcome of BCB event or any part thereof including but not limited to scores, highest run, highest six, four, wicket, or any combination thereof involving the game of cricket.

Betting means any wager of a stake of monetary value in the expectation of a prize of monetary value, subject to a future and uncertain occurrence related to an Event.