Online Gambling Guide featuring Best Online Casinos,
Online Gambling Payouts and recommendations for Gambling online
  Top 10 Casinos
  Best Payouts
  New Casinos
  Casino Reviews
  Best Bonuses
  No Deposit Bonuses
  High Roller Bonus
  Biggest Jackpots
  Live Dealers
  Be the Dealer
  Latest News
  News Archives
  Gambling Articles
  Players Guide
  Gambling History
  Gambling Glossary
  Winning Games
  Losing Games
  Do's & Don'ts
  Gambling Quotes
  House Edge
  Money Management
  Gambling Psychology
  Practice for Free
  Gambling Jokes
  Gambling News
  Gambling Books
  Video Poker
  Slot Machines
  Betting Systems
  Real Time Gaming
  Boss Media
  Other Software
  Belle Rock Gaming
  Fortune Lounge
  Bright Share
  Casino Partners
  Vegas Partners
  Casino Profit Share
  Casino Rewards
  Casino Coins
  Other Methods
  Flash Casinos
  UK Casinos
  Casino Affiliates
  Contact Us
Online Gambling Guide by Jerry Whittaker…
The Gambling Wiz        
Online Gambling Guide in your language: Online Gambling | Spanish  Online Gambling | French  Online Gambling | German  Online Gambling | Italian  Online Gambling | Dutch  Online Gambling | Portugese  Online Gambling | Russian  Online Gambling | Chinese  Online Gambling | Korean  Online Gambling | Japanese
"I have put together an Online Gambling resource center that focuses on the best
online gambling games as well as the best gambling sites to increase your odds of winning."
- Jerry Whittaker        

Sport Gambling Industry

by Jerry "Jet" Whittaker
Nov 8, 2006


Sport gambling industry

Sports betting is the general activity of predicting sport in sport gambling industry results by making a wager on the outcome of a sporting event. Perhaps more so than other forms of gambling and the legality and general acceptance of sports betting varies from nation to nation. sports gambling is generally forbidden, while in many European nations, bookmaking is regarded as an honorable occupation and while highly regulated, is 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 through out. Opponents fear that, over and above the general ramifications of gambling, it threatens the integrity of amateur and professional sports, 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. These gives a boom to sport gambling industry all over.

Types of sport gambling  

Aside from simple wagers, betting a friend that one's favorite basketball team will win its division, like buying a football square for the super bowl. sports betting is commonly done through a bookmaker. Legal sports bookmakers exist throughout the world. In areas where sports betting is illegal, bettors usually make their sports wagers with illicit bookmakers. It is done on the net, where thousands of online bookmakers accept wagers on sporting events around the world. The bookmaker earns a commission by regarding the money at risk as less than the size of the bet placed. These things make the sport gambling industry so popular and a good source of money making in very limited period.  Whatever people’s beliefs, one thing looks fairly certain at this point and that is that the sport gambling industry has been in existence for over two thousand years and is unlikely to disappear as time goes on. On the contrary, gambling and the sport gambling industry look set to increase and expand as people in the west are finding more time for leisure and more money to spend on it.

Risk in sport gambling industry

Sports gambling can also be an addictive pastime and pathological gambling is an illness and the American Psychiatric Society recognizes it. The sport gambling industry has had to fight hard to defend itself against criticism from those who hold it accountable for the destruction of pathological gamblers lives. In its defense, the sport gambling industries have used its own funds to research and provide assistance to problem gamblers and also claim that sport gambling is a recreation and not a sin. Everyone has a right to spend their own money in whatever way they choose and resent authorities telling them how they should spend it.


















Copyright © 2000-2007 All rights reserved.

Remember, you can beat the odds, but you can't beat the percentages.
Copyright 2000-2009 Online Gambling Guide - All Rights Reserved