gambling debts
Betting losses unpaid
Gambling debts are money owed from lost bets or wagers.
Unlike most debts, gambling debts are often legally unenforceable—courts in many jurisdictions won't help creditors collect them.
This creates a shadow economy where debts are enforced through reputation, exclusion from future games, or in organized gambling, intimidation: He owed gambling debts to some dangerous people.
- arrearsOverdue financial obligations
- in the holeOwing more than you have
- markersPens with porous tips
- betting slipReceipt for a wager
- bankruptcyLegal status when insolvent
repayment · pay up · addiction · vig · debt spiral · shakedown · loan · bad check · enforcement · interest · loan shark · contract · bookie · compulsion · denial · vigorish · rationalization · broke
- gambling addictionchasing losses, casino addiction, poker addiction, Gamblers Anonymous, self-exclusion
- haramshirk, polytheism, idolatry, apostasy, usury
- invalid contractsmisrepresentation, undue influence, lack of consent, mental incapacity
- marital problemsinfidelity, adultery, cheating, affair, divorce
- gambling crimesillegal casino, match fixing, race fixing, point shaving, numbers racket
gambling debtsgambling winnings
Profits from wagering
jackpot · winnings · payout · lottery winnings · windfall
gambling debtssavings
Accumulated money kept
net worth · assets · financial assets · financial security · wealth