22-25A-1. Bet or wager defined.
For the purposes of this chapter, the term, bet or wager, means to directly or indirectly take, receive, or accept money or any valuable thing with the understanding or agreement that the money or valuable thing will be paid or delivered to a person if the payment or delivery is contingent upon the result of a race, contest, or game or upon the happening of an event not known to be certain. Bet or wager does not include the purchase, sale, or trade of securities or commodities under state or federal law.
Source: SL 2000, ch 106, ยง1.
Structure South Dakota Codified Laws
Chapter 25A - Internet Gambling
Section 22-25A-1 - Bet or wager defined.
Section 22-25A-2 - Gambling business defined.
Section 22-25A-3 - Internet defined.
Section 22-25A-4 - Interactive computer service defined.
Section 22-25A-5 - Person defined.
Section 22-25A-6 - State defined.
Section 22-25A-7 - Internet betting by person engaged in gambling business prohibited.
Section 22-25A-8 - Establishment of internet gambling business prohibited.
Section 22-25A-10 - Violation a felony.
Section 22-25A-11 - Prosecution of violations.
Section 22-25A-12 - Notification of illegal web site and penalties.
Section 22-25A-13 - Preliminary restraining order available as condition of bond.
Section 22-25A-14 - Permanent injunction available against guilty party.
Section 22-25A-15 - Inapplicability of chapter to state lottery or commission on gaming.