California legal term
Wagering credit in California Criminal Law
Current through 2026 California legislative session
In California criminal law, “Wagering credit” is a term defined by statute rather than by its everyday meaning. Its statutory definition — quoted verbatim below — controls how the term is applied throughout the California criminal code.
What does “Wagering credit” mean in California criminal law?
“Wagering credit” means a representative of value, other than a chip, token, or wagering instrument, that is used for wagering at a game or gaming device and is obtained by the payment of cash or a cash equivalent, the use of a wagering instrument or the electronic transfer of money. (Cal. Penal Code § 337t)
Statutes defining or using this term
Related terms in the same statutes
This reference is informational and is not legal advice.