Explanation:

- A wagering agreement is a contract where two parties agree that a certain sum of money will be paid based on an uncertain event (for example, the outcome of a sports match).

- Under the Indian Contract Act, 1872, a wagering agreement is void, meaning it is not legally enforceable.

- This means the winning party cannot recover the money in court, as the law does not recognize such claims.

- Let’s look at the options:

- Option 1: True (Correct—because courts will not help the winner recover money in a wager)

- Option 2: Partly True (Incorrect—it’s not partly, but fully true in law)

- Option 3: False (Incorrect—legally, the winner cannot claim the money)

- Option 4: None of the above (Not needed, as Option 1 is right)