Illegal wagers, bets and stakes
Source:
Section 5-401 — Illegal wagers, bets and stakes, https://www.nysenate.gov/legislation/laws/GOB/5-401 (updated Sep. 22, 2014; accessed Jan. 24, 2026).
5–401
Illegal wagers, bets and stakes 5–411
Contracts on account of money or property wagered, bet or staked are void 5–413
Securities for money lost at gaming, void 5–415
Certain transfers of property in pursuance of lottery, void 5–417
Contracts, agreements and securities on account of raffling, void 5–419
Property staked may be recovered 5–421
Losers of certain sums may recover them 5–423
Money paid for lottery tickets may be recovered by action
Illegal wagers, bets and stakes 5–411
Contracts on account of money or property wagered, bet or staked are void 5–413
Securities for money lost at gaming, void 5–415
Certain transfers of property in pursuance of lottery, void 5–417
Contracts, agreements and securities on account of raffling, void 5–419
Property staked may be recovered 5–421
Losers of certain sums may recover them 5–423
Money paid for lottery tickets may be recovered by action
