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What is the difference between Prize Money and Gambling?

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What is the difference between Prize Money and Gambling?

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top The distinction between playing for prize money, which violates the Rules of Amateur Status, and gambling, which does not, is often difficult to determine. In general, amateurs should not play for cash prizes of any amount in large, organized events where playing for the money is not optional, there are no prizes other than cash or the fact that cash prizes will be awarded is advertised. Additionally, there would also be a concern if participation in the event were open to the public. If these characteristics are present, participation in these events will likely result in each player forfeiting his amateur status. In view of the above, we would urge groups not to award cash prizes. By awarding merchandise of gift certificates redeemable for merchandise instead of cash, the group would ensure that the amateur status of the players is not even brought into question.

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