2629. Gaming and wagering contracts are valid in the cases expressly authorized by law.
They are also valid where they are related to lawful activities and games requiring only skill or bodily exertion on the part of the parties, unless the amount at stake is immoderate given the circumstances and in view of the condition and means of the parties.
1991, c. 64, a. 2629; I.N. 2014-05-01.