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FAQs on Gambling Fun and Vacations
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Frequently Asked Questions Related to Gambling
Question: What are the different types of sports bets?
Answer: Parlays, Money Line Bets, Proposition Bet, Teasers and Spread Bets are the main different types.
Question: Are "Good Will" Payments Allowed At Bingo?
Answer: Good Will payments are allowed at bingo as promotional good faith gestures when a winner has been inadvertently overlooked or some other error has resulted in the likelihood that a person entitled to bingo prize money would otherwise not be rewarded. Such payments are not viewed as prize payouts, which could conceivably exceed the statutory prize limits. They are viewed as promotional expenses which should be reflected as such on the front of an organization's Ten Day Bingo Report return, under the Expense section, line 3, "Other expenses"
Question: Is it okay to let kids play poker?
Answer: If it is just for fun, sure. It can be a great hobby and teach skills to children.
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