I would like to run a contest online – is it gambling?

I would like to run a contest online – is it gambling?

The article will cover contests, outlining the differences and similarities to gambling. When running contents bear in mind that in the UK:
* “Games of chance” are considered gambling (and should be compliant with the gambling laws), compared to “Games of skill”.
* If you are running a simple contest without entry fee – this is not considered gambling.
* If you would like to run a contest with entry fee and there is an element of luck to select the winner this is considered gambling and you need a license.
* Running a “Game of skill” does not require a gambling license. In order to run such a game you would: have an entry fee or not; have fair competition; luck should not be involved in winning prizes – the winners should be selected based on their entries and work, not based on chance.
* So the short answer is – to avoid running illegal lottery make sure that either the entry is free or/and the winner is selected based on the work provided and not because of any luck involved.

2 comments :

  1. Hello,

    Looking for a debt consolidation loan, unsecured loans, business loans, mortgage loans, car loans, student loans, personal loans, venture capital, etc! I am a private lender, I provide loans to companies and individuals with low interest rates and reasonable interest rates of 2%. Email to: creditclearance4@gmail.com or text us via whatsapp +19782277925

    ReplyDelete
  2. HOW I GOT MY LOAN FROM THIS GREAT COMPANY

    Hello my dear people, I am Linda McDonald, currently living in Austin Texas, USA. I am a widow at the moment with three kids and i was stuck in a financial situation in April 2018 and i needed to refinance and pay my bills. I tried seeking loans from various loan firms both private and corporate but never with success, and most banks declined my credit ,do not full prey to those hoodlums at there that call them self-money lender they are all scam , all they want is your money and you well not hear from them again they have done it to me twice before I met Mr. David Wilson the most interesting part of it is that my loan was transfer to me within 74hours so I will advise you to contact Mr. David if you are interested in getting loan and you are sure you can pay him back on time you can contact him via email……… (davidwilsonloancompany4@gmail.com) No credit check, no cosigner with just 2% interest rate and better repayment plans and schedule if you must contact any firm with reference to securing a loan without collateral then contact Mr. David Wilson today for your loan

    They offer all kind of categories of loan they

    Short term loan (5_10years)
    Long term loan (20_40)
    Media term loan (10_20)
    They offer loan like
    Home loan............., Business loan........ Debt loan.......
    Student loan.........., Business startup loan
    Business loan......., Company loan.............. etc
    Email..........( davidwilsonloancompany4@gmail.com)
    When it comes to financial crisis and loan then David Wilson loan financial is the place to go please just tell him I Mrs. Linda McDonald direct you Good Luck.......................

    ReplyDelete