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<h1>Agreements by way of wager are void; limited horse-racing prize subscriptions may be valid but penal provisions still apply.</h1> Agreements that are wagers are void and unenforceable, barring suits to recover amounts won or to enforce obligations based on uncertain events; however, subscriptions or contributions toward prizes for horse races of specified value remain valid, subject to applicable penal provisions which are not overridden by the wagering prohibition.