Sports betting is one of the most high rated activity among sports fans.Football,tennis,motor sports, any kind of sport you name it, has it gamblers, people who know the sport very well.In fact every sport has it’s own gamblers some say.
Sports betting is the general activity of predicting sports results by making a wager on the outcome of a sporting event. Sports betting is an activity whose legality differences from nation to nation, in US being illegal, except for some states, while in Europe it isn’t criminalized. Sports betting is generally regarded 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. Bookmaking is the profession of accepting sports wagers, and currently there are many bookmakers that operate on online betting.Online betting has become an easy,fast and convenient way to attract gamblers and has increased the betting phenomenon.If we take a look over the net there are hundreds of online betting sites just waiting to attract more gamblers.There is a lot of competition between bookmakers, and in order to attract more gamblers some of them are willing to take more risks than other betting bookmakers.
Although the history is full of sports gamblers that tried to fix matches,the legitimate bookmakers will invariably fight corruption and the governments are also keeping an eye out for this phenomenon by making sure that strict laws are applied.An example of a betting scandal is the 1915 British football betting scandal.This football betting scandal occurred in 1915 between no other than some of today’s most important clubs in the world Liverpool and Manchester United.At that time Manchester United where trying to avoid relegation while Liverpool was struggling in mid table mud.The match was fixed in United’s favor, with players from both sides benefiting from bets placed upon the result.The match referee and some observers noted Liverpool’s lack of commitment during the game and an investigation was launched by the Football Association and found that players from both sides had been involved in rigging the match.Seven players were banned from playing for life and the Football Association concluded that it had been a conspiracy by the players alone no official from either club was found guilty of wrong-doing, and neither club was fined or had points deducted.In the end the three points earned by Manchester United where enough to assure them eighteenth place two points more than nineteenth place Chelsea and avoided relegation.
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.