Could be in any context. I do it a little on UFC fights but that’s a relatively low amount and I can afford I to lose any time I do. It seems like it’s becoming a really wide spread problem though, at least in the US. At the same time I don’t see why it should be illegal. Granted I also don’t think any drug should be illegal.
My friends and I occasionally have poker nights, and its a lot of fun. Its funny how stakes of $5 or $20 - just a few dollars or cents at most for most hands - make a game much more exciting.
The problem is the casinos and sports betting apps…