Gambling

Gambling (or betting) is any behavior involving risking money or property (making a wager or placing a stake) on the outcome of a game, contest, or other event in which the outcome of that activity depends partially or totally upon chance or upon one's ability to do something.

List of notable wagers

• The man who broke the bank at Monte Carlo
• Pascal's wager
• St. Petersburg paradox
• The wager in Around the World in Eighty Days
• Wager between John Pierpoint Morgan and Hugh Cecil Lowther, 5th Earl of Lonsdale on whether a man could walk round the world and remain unidentified
• Wager between Julian Simon and Paul Ehrlich on commodity prices
• The annual Nenana Ice Classic, when the inhabitants of Alaska bet on when the ice will break on the Tanana River.
• Wager on Black hole information paradox: Stephen Hawking and Kip Thorne against John Preskill