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A good lawyer knows the law; a great lawyer knows the judge.
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Legal Definitions - betting
If we desire respect for the law, we must first make the law respectable.
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Definition of betting
Betting
Betting is a form of gambling where people place bets on the outcome of a race or event. In parimutuel betting, the bets are pooled together and the winnings are distributed among the winners after a management fee and taxes are deducted.
- Placing a bet on a horse race
- Betting on the outcome of a football game
- Putting money on a poker game
These examples illustrate how people can participate in betting by placing bets on different events. In parimutuel betting, the bets are pooled together, and the winnings are distributed among the winners based on the amount of money they bet and the odds of the outcome.
Every accomplishment starts with the decision to try.
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Simple Definition
Definition: Betting is a type of gambling where people place bets on a race or event. In parimutuel betting, all the bets are pooled together and then paid out to the winners after a management fee and taxes are taken out.
A lawyer is a person who writes a 10,000-word document and calls it a 'brief'.
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