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Reload this Page Prizes are Not a Bet and not Gambling
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Old 04-08-2012, 04:20 PM
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bettercounsel bettercounsel is offline
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Default Prizes are Not a Bet and not Gambling
Texas Penal Code - Section 47.01. Definitions

§ 47.01. DEFINITIONS. In this chapter: (1) "Bet" means an agreement to win or lose something of value solely or partially by chance. A bet does not include: . . .

. . .(B) an offer of a prize, award, or compensation to the actual contestants in a bona fide contest for the determination of skill, speed, strength, or endurance or to the owners of animals, vehicles, watercraft, or aircraft entered in a contest;. . .

http://law.onecle.com/texas/penal/47.01.00.html
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Old 04-11-2012, 01:29 PM
SAUCERSLINGER SAUCERSLINGER is offline
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Default Re: Prizes are Not a Bet and not Gambling
Ned Flanders believes insurance to be a form of gambling.
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