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In most states, illegal gambling, which is defined as "the making, receipt or placing, virtually any bet associated with earning money or other value, created in exchange to the chance in a stake, to win a prize, or other things of value dependent of a contest, game, or any event that the outcome is often a matter of luck," can be a third degree misdemeanor. The penalty is different from state to state, but on average you can face very much as sixty days in jail and a superb of nearly five hundred dollars.