Definitions from Black's Law Dictionary: 2nd Edition and Ballentine's Law Dictionary as are available for each term in each dictionary.
  • Ballentine's Law Dictionary

    One wherein the parties stake their property or money on an event which in its nature may or may not happen and whereby one is to lose and the other to win. See 113 Ala. 120, 36 L. R. A. 81, 21 South. 409. See, also, 79 Tex. 543. 23 Am. St. Rep. 363, 15 S. W. 569.