Post
Topic
Board Gambling
Re: Without money, does it still qualify as gambling?
by
klidex
on 29/04/2023, 16:07:30 UTC
IMHO. Yes, because of the requirement that it has got.

The winning amount has 1X wagering requirement

Good catch but it is after you win the price.  Isn't it?  So winning the amount from the prediction, you do not stake anything. Thus, you did not gamble or put a stake that comes from your purse at all.

Withdrawing the winnings is another part where you wager your winning amount.  If we connect it, you still don't wager anything from your purse at all because you did not stake anything in the first place.  You are playing with the host's money, right?  And it will be yours once you meet the requirement.  Well, I partially agree that this action (claiming the prize) is gambling since there is a wagering requirement regardless of whose money it is but the first part which is the prediction contest isn't.  Gambling came after the contest is done.

Good points mate.
Yes, that's after when you finally have won and that's what I'm telling that those that are giving like free bets and free tickets, they're still all considered gambling even if you have nothing to stake with and as to the requirement of getting the prize, you'll be required to at least have 1 wager requirement and it hasn't said any amount on it so basically, that's a heads off and easy requirement that one can simply comply afterwards.
From these several arguments the conclusion is that anything that still uses the terms of the bet is gambling even though we predict for free and we will bet after winning but in the end it is also a bet not.
So even though it's free but the real prize is still gambling.