Gambling
Gambling, in some cases known as betting or scamming, was an action or game of chance that involved currency or other goods to be bet against one another.
Gambling was generally looked down upon in Equestria but apparently not illegal, at least in some regions, as Twilight Sparkle overlooked a gambling ring in the Northern Equestrian town of Trotland. In Trotland, Downey Burn bet against her own tortoise, Silver Blaze in order to pay back debt she owed after ordering dresses from Rarity at Carousel Boutique through the Great Northern Tortoise Race. Gambling became a problem in the township of Canter Creek when the game of Three-Card Monte tricked unsuspecting young ponies into potentially losing bits.
Notes
Presumably as the term "gambling" is considered rather 'adult', it hasn't been used in the context of betting money. Because of this, terms such as "scam" and "betting" have been used instead.
