Gambling can be defined as determination of the ownership of property by appeal to chance. Luck is the resultant play of natural powers which no one, but God, can control or calculate. Most games of chance need a certain degree of skill, for example the races. God work, or an effort of human, is the natural base of the right of belonging. Some proportion of ownership should be guaranteed to any person exerting himself in productive labor.
Gambling is something when the players unconstrained transfer money or another values among themselves depending on the outcome of any uncertain event in future.
The Jews have opposed gaming however the practice of gambling was spread widely among Jews since the medieval times. The Roman Church does not consider Gambling to be something sinful.
The “work ethic of the Protestants,” however, is in the straight opposition to gambling. Fervent protestants believe that gaming is sinful.
Playing the stock market belong to gaming. This means buying stock without the idea to invest in the companies increase, in the hope that fortunately the stock value will grow.
Gambling is as peculiar to man as religion. Romans as well as Greeks could gamble freely. Tacitus in his Germania described the gaming fever of the early Germanic tribes, who would stake their life at dices. The Encyclopedia of Britannica (article “Gambling”) reports that “Gambling has existed in every known society from the most primitive to the most complex.” Here is the definition of gaming taken from Britannica: “Gambling is the betting or staking of something of value, with consciousness of risk and hope of gain, on the outcome of a game, a contest, or an uncertain event whose result may be determined by chance or accident or which may gave an unexpected result by reason of the bettors miscalculation.”