A modern dictionary of Catholic terms, both common and obscure. Find accurate definitions of words and phrases.
An agreement in which two or more people contract to give a prize to whichever one correctly guesses some future fact or event. Betting is morally permissible by Catholic standards, but only on certain conditions. All parties to the contract must clearly understand the conditions of agreement in the same way, they must be sincerely uncertain about the outcome of what is to take place; they honestly want to pay (and can do so) in case they lose the bet; and the bet cannot be an encouragement to do something evil or sinful.
All items in this dictionary are from Fr. John Hardon's Modern Catholic Dictionary, © Eternal Life. Used with permission.