Sports Betting Champ Review - Is the 97% Winning Streak Just Kidding?
Similarly, the point spread is used
to encourage betting on both sides of any given match. Both methods allow the
sports books to come out of each match with some money.
The story of sports betting involves
not only book makers, but also the law. You are probably familiar with the
popular image of the bookie; a thug who takes money and will behave violently
when not paid. However, there are many legal, above board sports books today
who are legally sanctioned to take sports bets. In North America, all of these
books run out of Las Vegas.
In other areas of the world, sports
betting is legal but is also highly regulated. Governments, and sports bodies
as well, desire to protect the honest competitive nature of sports. With the
sheer amount of money being bet on the outcome of games, it can be tempting for
players to forget about competition in favor of a bribe or other type of
payout. The history of most sports contains stories of players throwing games
in order to receive money from a bookmaker. Laws such as the Professional and
Amateur Sports Protection Act seek to prevent this from happening by
prohibiting sports betting in certain cases and places.
Of course, the next chapter in the
story of sports betting may make such efforts moot. Today, sports books are
among those businesses which have capitalized on the opportunities available
online. Bettors in North America no longer need to make the trip to Vegas in
order to put some money down on their favorite team; instead, the ability to
wager is just a click of the mouse away.
Not only are more people able to
wager on sports through the Internet, the amount of information available
increases the chances of making good bets in a way that has never been seen
before. Of course, the information also means that books are able to
compensate, but the opportunities for making some serious money (at some risk)
are still out there.
It's safe to say that betting on sports
is something that has happened throughout human history, and something that
will happen as long as there are competitions between people. Today, the
Internet has taken the story of sports betting to the next level; the end of
that chapter has yet to be written!
There is nothing in the world more
popular than sports. In every culture, sports makes up a major part of our
identity. They have the ability to unite us, to excite us, and for some fans
they even offer a chance at monetary gain.
When we talk money we are talking,
of course, about sports betting. Wagering on sports is a time honored tradition
in countries around the world. It can be as simple as betting a friend a beer
that your team will beat his, or as complicated as you want to make it.
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