https://www.taxtmi.com/article/detailed?id=1703 The document explains betting or gambling as staking something of value with awareness of risk and hope of gain on an uncertain outcome, treating betting as a wagering contract payable on the result of an uncertain event, and distinguishing betting (which may include wagers on non-game events) from gaming (which typically involves play for stakes such as cards or dice). en-us Mon, 30 Apr 2012 16:25:33 +0530 Mon, 30 Apr 2012 16:25:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1703 The document explains betting or gambling as staking something of value with awareness of risk and hope of gain on an uncertain outcome, treating betting as a wagering contract payable on the result of an uncertain event, and distinguishing betting (which may include wagers on non-game events) from gaming (which typically involves play for stakes such as cards or dice). Articles Service Tax Mon, 30 Apr 2012 16:25:33 +0530 https://www.taxtmi.com/article/detailed?id=1703