What is the status of a betting contract?
Full Question:
I live in North Carolina. I lost my job 6 months ago. Ever since I have been betting with my friend in order to earn money. I do not intend to do this for a long term. I would like to know the legal status of a betting contract. in North Carolina? Can I compel my friend to pay the bet money?
11/24/2016 |
Category: Gambling |
State: North Carolina |
#27133
Answer:
The gambling laws in North Carolina are extremely strict and prohibit most forms of gambling except for casinos on Indian reservations. However, the state allows raffles and bingo if they are sponsored by the nonprofit organizations.
North Carolina General Statute §16-1 discusses the gaming contracts and futures. It states:
“All wagers, bets or stakes made to depend upon any race, or upon any gaming by lot or chance, or upon any lot, chance, casualty or unknown or contingent event whatever, shall be unlawful; and all contracts, judgments, conveyances and assurances for and on account of any money or property, or thing in action, so wagered, bet or staked, or to repay, or to secure any money, or property, or thing in action, lent or advanced for the purpose of such wagering, betting, or staking as aforesaid, shall be void.”
Also, §16-2 states:
“No person shall be excused or incapacitated from confessing or testifying touching any money or property, or thing in action, so wagered, bet or staked, or lent for such purpose, by reason of his having won, played, bet or staked upon any game, lot or chance, casualty, or unknown or contingent event aforesaid; but the confession or testimony of such person shall not be used against him, in any criminal prosecution, on account of such betting, wagering or staking.”
Therefore, all bets made with your friend are unlawful and void and you cannot compel your friend to pay the bet money.
