Texas defines a bet as agreeing to win or lose something of value based solely or partially on chance. Additionally, be sure to bookmark this page as session 87(R), the 2021 legislative session, saw an unbelievable flurry of activity related to gambling. If Texas does legalize gambling in the near future, entire Native American communities could be jeopardized by the sudden influx of competition. However, even that seems to be up in the air (see recent laws). Except, like other federal territories, in Native American territories. Depending on the type of gambling (see below), gambling remains illegal in Texas.