Sports Gambling
by Jerry "Jet" Whittaker
Jan 20, 2007
Sports Gambling
Sports Gambling is a form of gambling where bets are
placed against the results of a certain match. The
players generally predictions about the outcome of the
match and the performance of certain players of that
match and if their predictions match up to the factual
happening in the match then they win the bet. The
legality of this type of gambling varies from country to
country. The professionals offering bet on any sport is
generally known as the Bookmakers.
How to place the bet
The bets on any sports are placed through the legal
agents of called as the Bookmakers. These bookmakers
generally operate from the countries where the sports
gambling are legal. Someone residing in a country where
the gambling is not legal then they can operate through
the Internet. In such places many illegal bookmakers
also exists commonly called as Bookies. Generally the
stakes on a team with good track record are kept low as
they have a better chance of winning. While the stakes
on the teams, which are not held, as the likely
contenders are kept low. The bookmakers operate through
various betting line. The lines are decided upon by the
bookmakers taking into consideration the nature of the
sports the players involved in that particular match and
several other factors. Bets are also placed against the
climatic conditions on that particular day as well as
well as the other sporting conditions, which have a
direct effect on the result of the game.
Bookmaking
Bookmaking has become a very prosperous business among
the sports gambler. The major portion of the profit
earned by the bookmakers is through the money put in by
the losers of the bet. The prices offered by the
bookmakers to different customers also vary from the
customers. This is being decided upon by the bookmakers
as to how much price to be fixed for, which customer
based on his past business record with the bookmaker.
The
sports gambling are very flourishing with the growth
of the industry. But it brings along several
disadvantages attached to it. The professional
bookmakers often resort to unscrupulous means to get the
course of the game bended to their own desired way. This
is affecting the nature of the game and many of the
sportsperson are indulging in accepting money to perform
as desired by the bookmakers. Thus this is being
condemned by many as it is marring all the spirit out of
a game.
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