Definition of CRUSE. : a small vessel (as a jar or pot) for holding a liquid (as water or oil).See cruse defined for kids.ADVERTISEMENT. a small vessel (as a jar or pot) for holding a liquid (as water or oil). See cruse defined for kids.
Gambling is the wagering of money or something of material value (referred to as the stakes) on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods. Gambling thus requires three elements be present: consideration, chance and prize.
Third, the gain of the winners is at the expense of the losers. Such a definition is broad enough to include traditional casino gambling, the Friday night poker game, bingo, keno, raffles, lotteries, pari-mutuel betting, and other more exotic forms of wagering. It is narrow enough to exclude things like life insurance and investing in the stock market.