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.
Gambling is also a major international commercial activity, with the legal gambling market totaling an estimated $335 billion in 2009. In other forms, gambling can be conducted with materials which have a value, but are not real money.