How have the courts interpreted the meaning of "wagering" in the context of the term "contract of chance"?
British Columbia, Canada
The following excerpt is from Osorio v. Cardona, 1984 CanLII 364 (BC SC):
In comparing the two lines of authority on the interpretation of "wagering", it is significant that none of the cases which define the term broadly as a contract of chance evidence any consideration of the established authorities in support of the narrower definition. I am satisfied that the better view of what constitutes wagering is that expressed in Carlill v. Carbolic Smoke Ball, and confirmed and applied repeatedly and consistently wherever courts have considered the matter on the authorities.
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