Regulated forms of gaming vary in cities, counties, and the state. What forms of gambling are legal to play in Ohio? In order for an activity to be considered gambling, the following three elements must be present: (1) paying to play or betting something of value, (2) an element of chance, and (3) a prize, payout, or winning of some sort. It can include betting $50 at a poker table, playing nickel bingo, buying a raffle ticket, and even betting a soda on a ballgame. Gambling is betting money or something of value on the outcome of a game, contest, or other event where the results involve chance and the outcomes are uncertain.