Thursday, May 20, 2010

Sport Gambling and Where It Started

Sports betting is considered to be a form of gambling. Billions of dollars circulated in sports betting industry annually. Great sporting competitions (for example, the World Series and the Super Bowl) attract millions of bettors which leads to billions of dollars in bets. Since the appearance of first sports, there have been people who were eager to wager on the results of games. At first, people used to bet at horse races or cockfights. It was not only the way of getting some money but the way of entertainment as well. The beginning of sports bettingWhat concerns the first steps of bookmaking, in particular, sports betting, one should...

Football and Football Bets – How It Started

This sport was created in the United States and is known as football, it is a team sport where points are scored by advancing the ball, either by running or passing the ball, into the other team’s end zone or kicking field goals. The sport started from rugby football and is now played in high school, collegiately, and professionally (the National Football League). How it started American football made it’s start from early versions of rugby football, with rule changes by the Walter Camp, when the line of scrimmage and downs were implemented into the game. Then in the 19th and 20th centuries the sport developed even more with input from Glenn...

Sport Betting System

At present, depending on different sports several systems for betting exist in the world. You can also find different systems for one and the same sport. Before understanding any of them, one should get acquainted with the main terms and notions of sports betting . Action is the process of betting. To handicap means to provide one team with some sort of advantage so that to even up the betting odds. The handle is the sum total of money involved on bets. A sportsbook is a special house which accepts bets (also called ‘a book’). A bookie is a person who takes bets. Juice (vigorish, vig) is the bookie’s profit expressed in the percentage from...

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