The Story Behind Sports Betting
Those of us involved in sports betting on a regular basis probably realize that in truth, there was never really any “start” point when people began betting on sports. It seems pretty natural เว็บพนันufa656 to place some kind of wager whenever there is a contest between two different sides, whether it is a competition between individuals or between two different teams.
In fact, there are records to show that as long as there have been matches between people, on any side, there are those who want to add some excitement to the competition through wagering. From the gladiatorial contests in ancient Rome to foot races on North America’s Great Plains, all cultures have put bets involving money or goods when they are watching a competition.
Today, of course, sports betting is much more sophisticated than those ancient wagers. All around the world, bookmakers both big and small follow several different systems which allow them to make money off of people’s penchant for punting. Whether we are talking about professional or amateur leagues, you can bet that you will be able to find someone willing to take your wager.
It’s important to realize that the story of sports betting is just as much about these “middle men” than it is about the sport one is betting on. Bookies set up their odds based on very complex mathematical formulas, which help them to determine how they can make a profit off of people’s bets. They don’t want too much “action” (money wagered) on one side or another, to avoid losing their profit. So, they have thought up ways to encourage people to bet on each side.
The story of sports betting involves not only book makers, but also the law. You are probably familiar with the popular image of the bookie; a thug who takes money and will behave violently when not paid. However, there are many legal, above board sports books today who are legally sanctioned to take sports bets. In North america, all of these books run out of Las vegas.
In other areas of the world, sports betting is legal but is also highly regulated. Governments, and sports bodies as well, desire to protect the honest competitive nature of sports. With the sheer amount of money being bet on the outcome of games, it can be tempting for players to forget about competition in favor of a bribe or other type of payout. The history of most sports contains stories of players throwing games in order to receive money from a bookmaker. Laws such as the Professional and Amateur Sports Protection Act seek to prevent this from happening by prohibiting sports betting in certain cases and places.
Of course, the next chapter in the story of sports betting may make such efforts moot. Today, sports books are among those businesses which have capitalized on the opportunities available online. Bettors in North america no longer need to make the trip to Vegas in order to put some money down on their favorite team; instead, the ability to wager is just a click of the mouse away.
Not only are more people able to wager on sports through the Internet, the amount of information available increases the chances of making good bets in a way that has never been seen before. Of course, the information also means that books are able to compensate, but the opportunities for making some serious money (at some risk) are still out there. Welcome to my Sports Betting Champ review! Well, I can almost bet the first reaction when you first heard of Sport Betting Champ was – “Oh my god is it really true about the 97% winning streak? ” Or is it just another handicapped website scam throughout your search.
I don’t know about you but I’ve personally done some heavy research on the validity of Sports Betting Champ System as i am also a skeptical person when it comes to things like this. (I also tried Google-ing “Sports Betting Champ Review” like how you found my article. )
Of course, you could easily go online and sign up for those so-called NBA or MLB “free” picks on the handicapping sports betting sites to bet on. Unfortunately, I can almost guarantee that these picks don’t win consistently as what Sports Betting Champ is achieving. For me, this is the “strategy” that they use because by you signing up they’re able to promote you the picks with even “higher” winning rate for more than $500 monthly as they are hand-picked by statistics analysts and that they come from ‘insiders’.
Dubious, isn’t it? No worries mate, and that’s what this Sports Betting Champ review is for. I’ve subscribed to a few of these paid services and I can say the winning rates are somewhere no higher than 70% averagely per NBA season, not to mention that most of the picks are “high risk picks” – which means they are often easily affected by some inconsistency factors that are hard to predict and there’s an obviously much higher risk involved.