A prize competition is one where success does not depend to a great degree on the exercise of skill, judgment or knowledge by the participants and which an entrance fee, stake contribution or subscription is payable.There are two (2) types of prize competitions that are governed by the Betting, Gaming & Lotteries Act (BGLA), these are competitions in which the prizes are offered for the forecast of the result of either:
- a future event; or
- a past event, the result of which is not yet ascertained or not yet generally known.