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Betting

A bet has been defined as ‘the staking of money or other value on the event of a doubtful issue’.

Game of chance

VATA 1994, Sch 9, Pt II, Group 4, Note 2 states that a game of chance:

1. 1)

   “includes ―

2. 1. i)

      a game that involves both an element of chance and an element of skill,

   2. ii)

      a game that involves an element of chance that can be eliminated by superlative skill, and

   3. iii)

      a game that is presented as involving an element of chance...”

This does not include a game of sport. It is either a game of pure chance, such as roulette or dice, where the player cannot influence the result, or a game