Betting can be defined as taking the chance of something of value on the outcome of an unsure occasion. The Great Indian impressive of Mahabharata portrays a classic instance of gaming, where the King Yudhisthir shed every little thing consisting of partner Draupadi in a game of gambling. In many of the situations of well organized legal betting, possibilities of winning are determined on the basis of concepts based on mathematical permutation and also combination, and one individual wins only when a specific number of people lose their money. Gaming is available in different types with different levels of threat involved with them. It has been with society because of the moment of recorded history.