In most states, illegal gambling, can be defined as "the making, receipt or placing, of any bet of making money another value, made in exchange for that chance at about a stake, november 23 a prize, or other things of value dependent of one contest, game, or any event how the outcome is really a matter of luck," is a third degree misdemeanor. The penalty differs from state to state, but on average you can face very much as sixty days in jail and a fine of nearly five hundred dollars.