Maysir comes from the Arabic word “yisir” meaning ease. It is called this because it is associated with attempts to easily acquire wealth through games of chance.(1)
Identifying Maysir is not as easy as some make it out to be.
There are four elements that need to be taken into account when identifying Maysir:
S: The stakes
P: The probability for loss
A: Tendency to cause addiction
V: The value added to society