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NFL betting, odds, lines: Betting trends to know for Week 3's biggest games
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- Published
- Sep 27, 2026, 1:42 PM UTC
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Gambling
Wagering something of value on a random event
Gambling is the wagering of something of value on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three elements to be present: consideration, risk (chance), and a prize. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season.
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