Articles
Gambling and Sports Betting
by Kim Morrie Professional Sports BettorAlthough people would be quick to
group gambling and sports betting one activity, these two things are actually
quite different. Craps is certainly different from baseball online betting or
betting sports soccer. Gambling as they say is a game of some luck, a little
larceny and a lot of losers. The odds in gambling are always against winning.
Do you wonder why gambling seem to always have a negative impression on people?
Why even though the gambling industry has the capacity to earn huge revenue for
a state, city or a country is considered as illegal in many places?
In gambling, as often the case, the
result of either winning or losing seems so far out of the hands of a bettor.
That being the case, gambling has also had its tainted history that forever
scarred the identity of the activity. I guess even now, some things still
happen that dirties the image of what could be quite a fun activity.
Let’s talk about easy money, a
description that’s attached to gambling. Easy money sounds like a sure thing
for the hopeful bettor. However, for a bookmaker, a sure-thing bet is a wager
that a player or bettor has a little chance of winning. Easy money has got more
to do with the bookmaker’s profit from an inexperienced bettor, a stiff or a
mark. Let’s not also forget the crimes done by those who are addicted to
gambling.
Still, if you look at it closely, the
malice of gambling has more to do with the people in it than the activity
itself. A game of monopoly for example can be considered as gambling itself as
you roll the dice and rely on your luck to win. That goes the same with sports
betting, except for the fact that sports betting doesn’t rely entirely on luck.
Ask anyone who’s into baseball online betting or betting sports soccer and
you’ll find out just how knowledgeable these guys are about their respective
sport.
Sports betting require a lot of
statistical analyses and calculations. Also, sport betting isn’t all about
making easy money, but a great way to enjoy the sport by adding excitement.
However, the activity itself has drawn some flak, not because it’s innately
evil, but because of people who try to game the system. Many countries has
banned sports betting on team games of skill such as baseball, football and
basketball for the potential of fraud, such as throwing a game or manipulating
the point spread. There have also been times when organized crime was involved.
These things can indeed cause harm
not only to people but the integrity of the sports as well. However, these
concerns are not without a solution. As Australia, a country that legalizes
gambling have shown, gambling can be regulated in such a way that makes it a
fun activity and a beneficial industry for the country.
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About Kim Morrie 
Professional Sports Bettor
28 connections, 0 recommendations, 83 honor points.Joined APSense since, January 8th, 2013, From Melbourne, Australia.
Created on Dec 31st 1969 18:00. Viewed 0 times.
