Legal Dictionary of Pakistan

gambling contract

An agreement to engage in a gamble; a contract in which two parties wager something, esp. money, for a chance to win a prize. - Also termed gaming contract. "Generally, under or apart from statutes so providing, or prohibiting such contracts or transactions, gambling contracts and transactions are illegal and void and cannot be enforced; and such contracts are void ab initio .... A gambling contract is invalid, no matter what outward form it may assume, and no ingenuity can make it legal." 38 C.J.S. Gaming § 26, at 138-39 (1996).