Gambling is an activity that involves putting your valuables at risk in exchange for the potential to win a larger amount of money. This can include anything from betting on horse races to playing slots at a casino. It can also involve betting on scratch tickets and fantasy leagues. Gambling is a popular pastime, and can be a very lucrative business if done correctly.
Gambling is widely available in the United States and is regulated by state and federal law. Some jurisdictions outlaw it altogether while others heavily regulate it. In general, however, states are not very active when it comes to enforcing their own gambling laws.