International Fantasy Sports League involves Olympic games in which the participants compile imaginary teams consisting of real athletes. The League offers free entry for its participants. In most states, these games would not be considered gambling because they lack the element of
A) consideration.
B) reward.
C) chance.
D) excitement.

Question

International Fantasy Sports League involves Olympic games in which the participants compile imaginary teams consisting of real athletes. The League offers free entry for its participants. In most states, these games would not be considered gambling because they lack the element of​
A) ​consideration.
B) ​reward.
C) ​chance.
D) ​excitement.

Quizplus · Accepted Answer

In most states, gambling requires three elements: consideration, chance, and reward. Since the International Fantasy Sports League offers free entry, it lacks the element of consideration, which is typically a payment or something of value given to participate.

International Fantasy Sports League Involves Olympic Games in Which the Participants