§ 5-411. Contracts on account of money or property wagered, bet or staked are void. All contracts for or on account of any money or property, or thing in action wagered, bet or staked, as provided in section 5-401, shall be void.
Contracts on account of money or property wagered, bet or staked are void
N.Y. General Obligations Law § 5-411, under Contracts Relating to Wagering; Forfeiture and Recovery of Certain Property.
N.Y. General Obligations Law § 5-411