
Sports betting is the general activity of
predicting sports results by making a wager on
the outcome of a sporting event. Perhaps more so
than other forms of gambling, the legality and
general acceptance of sports betting varies from
nation to nation. In the United States, for
example, sports gambling is only legal in Nevada
casinos, while in many European nations
bookmaking (the profession of accepting sports
wagers) is highly regulated but not
criminalized. Proponents of legalized sports
betting generally regard it as a hobby for
sports fans that increases their interest in
particular sporting events, thus benefiting the
leagues, teams and players they bet on through
higher attendances and television audiences.
Opponents fear that, over and
above the general ramifications of gambling, it
threatens the integrity of amateur and
professional sport, the history of which
includes numerous attempts by sports gamblers to
fix matches, although proponents counter that
legitimate bookmakers will invariably fight
corruption just as fiercely as governing bodies
and law enforcement do. Most sports bettors are
overall losers as the bookmakers odds are fairly
efficient. However, there are professional
sports bettors that make a good income betting
sports.
The Internet not only
revolutionized the ability to bet online, but
also the ability to communicate with like-minded
bettors. Sports betting forums offer lively give
and take where bettors discuss their predictions
about games and help one another decide on
profitable bets. Additionally a cottage industry
of tipster sites has sprung up where
inexperienced bettors can, for free or a fee,
receive previews and tips for upcoming events.
Free sites are generally affiliated with online
bookmakers and finance their service by
introducing new customers to their preferred
online bookmakers.
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