§ 5-401. Illegal wagers, bets and stakes. All wagers, bets or stakes, made to depend upon any race, or upon any gaming by lot or chance, or upon any lot, chance, casualty, or unknown or contingent event whatever, shall be unlawful.
Illegal wagers, bets and stakes
N.Y. General Obligations Law § 5-401, under Contracts Relating to Wagering; Forfeiture and Recovery of Certain Property.
N.Y. General Obligations Law § 5-401