Connecticut § 52-553 - Wagers and wagering contract void. Exceptions.

§ 52-553. Wagers and wagering contract void. Exceptions.

Sec. 52-553. Wagers and wagering contract void. Exceptions. All wagers, and all contracts and securities of which the whole or any part of the consideration is money or other valuable thing won, laid or bet, at any game, horse race, sport or pastime, and all contracts to repay any money knowingly lent at the time and place of such game, race, sport or pastime, to any person so gaming, betting or wagering, or to repay any money lent to any person who, at such time and place, so pays, bets or wagers, shall be void, provided nothing in this section shall (1) affect the validity of any negotiable instrument held by any person who acquired the same for value and in good faith without notice of illegality in the consideration, (2) apply to the sale of a raffle ticket pursuant to section 7-172, (3) apply to online casino gaming, online sports wagering, retail sports wagering and fantasy contests, as such terms are defined in section 12-850, and conducted pursuant to sections 12-852 to 12-865, inclusive, as applicable, (4) apply to the operation of keno through or the purchase of tickets for lottery draw games through the Internet web site, online service or mobile application of the Connecticut Lottery Corporation, pursuant to section 12-853, or (5) apply to any wager or contract otherwise authorized by law.

(1949 Rev., S. 6785; P.A. 03-60, S. 2; P.A. 10-36, S. 10; P.A. 21-23, S. 38.)

History: P.A. 03-60 made technical changes, designated existing proviso as Subdiv. (1) and added Subdiv. (2) providing that nothing in section shall apply to the sale of a raffle ticket pursuant to Sec. 7-172; P.A. 10-36 added Subdiv. (3) providing that nothing in section shall apply to any wager or contract otherwise authorized by law, effective July 1, 2010; P.A. 21-23 added new Subdiv. (3) re online casino gaming, online sports wagering, retail sports wagering and fantasy contests, added Subdiv. (4) re keno and purchase of lottery tickets through Internet web site, online service or mobile application and redesignated existing Subdiv. (3) as Subdiv. (5), effective July 1, 2021.

A wager is illegal at common law. 15 C. 30. All wagering contracts are void by statute and money deposited with stakeholder is recoverable. Id.; 40 C. 336; 49 C. 128; 70 C. 490. What constitutes gaming contract in margin transactions in stocks; distinguished from speculating contracts. 48 C. 127; 63 C. 198. Contract of insurance upon another's life may amount to mere wagering contract. 69 C. 511; 70 C. 647. Speculative stock transactions, where there is an option to demand delivery. 77 C. 508; Id., 518; 84 C. 694. Cited. 125 C. 120. Gambling on credit is the vice at which this statute and Sec. 52-554 are particularly directed. 189 C. 591. Parties' contract is not unenforceable under section because it would be contrary to the statutory scheme as a whole to conclude that agreement to share the spoils of legal wagering is illegal and unenforceable. 293 C. 17.

Section is not applicable to written agreement where parties agreed to share equally in any winnings they received from various forms of legalized gambling. 105 CA 663; judgment affirmed on alternate grounds, see 293 C. 17.

Where plaintiff sued to recover indebtedness from defendants, which claim arose from winnings from a bet made in violation of Sec. 53-298, held the court will not aid party to an illegal contract in enforcing his claim and, since all the parties were in pari delicto, judgment should be rendered for defendants. 26 CS 238. Cited. 33 CS 170; 35 CS 522.

Cited. 6 Conn. Cir. Ct. 682.