Sports,Betting,Some,Short,Fact sports Sports Betting - Some Short Facts
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Sportsbetting has been a big part of sports since the dawn of sportsthemselves. The attraction of betting on sports is hard to overcomefor some, and others, don't even see the point in it! In the United States, theProfessional and Amateur Sports Protection Act of 1992 makes itillegal to operate a betting, gambling or wagering scheme in most ofthe States that make up the United States. The States that are exemptare Delaware, Nevada, Montana and Oregon. However, although thesefour states allow gambling, only Nevada and Delaware allow sportbetting.Sport betting generallyincreases people's interest in sports, although some people fear thatsports gambling threatens the integrity of sport.The sports betting oddsare presented either in decimal odds, fractional odds or moneylineodds. Decimal odds are favored in Canada, Australia and continentalEurope. Fractional odds are favored by bookmakers in the UnitedKingdom, and Moneyline odds are favored in the United States.Some people make a decentliving out of sports betting by utilizing information on the sportsthey are betting on.Sport betting is mostcommonly done through a bookmaker, legal sports bookmakers exist inmany places, but in areas where sports betting is illegal, bettorsusually make their sports wagers with either illicit bookmakers,commonly known as bookies or on the Internet.Online bookmakersgenerally operate outside of the United States. Some onlinebookmakers do not accept wagers from the United States thought, dueto unresolved legal questions.The bookmaker makes aliving by charging a commission, or a vigorish. The bookmaker doesthis by guaranteeing that the odds for both outcomes of the sportcome slightly less to breaking even.AlternativeBets include:Future wagers arelong-term bets made, e.g. a bet that a certain Major League Baseballteam will will the World Series.Head to head - These betsare placed when competing for one or two sportsmen to out beatanother.Parlays - A parlayinvolves multiple bets, and if won, the bettor would win a muchlarger payout.Proposition bets These are specific bets, like guessing the number of runs in abaseball game.Teasers - A teaser allowsthe bettor to combine his bets on two or more different games.Arbitrage Betting -Arbitrage betting is a betting technique that can land some highpayouts. It is most common on Internet gambling. Because of how linesmove quickly during sporting events, this type of sport betting ispossible. Theoretically, a small profit of 1-3% is possible when aperson bets one way at a shop and the opposite way at a second shop.This technique can bequite confusing, for more information on this, please check out the'Sports Betting' link.
Sports,Betting,Some,Short,Fact