Betting And Football – An Overview
There are some things in life that give a high, no we are not talking...
Betting is more or less like gambling only but here it is more an educated guess rather than pure luck.
There are some things in life that give a high, no we are not talking about alcohol and drugs here but other things. For example, like winning a lottery, doing bungee jumping or parasailing and even winning a sports event or a competition. One such thing is winning a bet, being right and being proved right is an amazing feeling and if some money comes on top of that it is a huge pleasure and certain to give a high. Yes, betting as it is called is also a favorite pass time among people. But despite popular belief, this need not be expensive.
Betting is more or less like gambling only but here it is more an educated guess rather than pure luck. There are many sports events happening across the world where a bet can be placed. There are other scenarios like political or even environmental.
Of all the sports that are played football or soccer as it is called has the most viewership and followers across the world. It can be identified as one global sport. There is always a league happening across the world whether it's Champions League or Bundesliga or the Euro cup or Copa America or the ultimate FIFA World Cup there is always something going on for the fans. The number of countries that play football is also large and covers almost all countries of the planet.
The sports betting industry in worth somewhere between 700 billion to a trillion dollars and football has Lion’s share in this. Some of this betting is done legally and some are also illegal and this is where some match fixing claims also occurs.
Betting in football has been there over the ages, some claim that it is even close to a hundred years old. It all started with fans filling out weekly coupons attempting to predict the Saturday afternoon results in what was called as Football Pools. The correct prediction earned cash prizes, this was the earliest recorded betting.
There are multiple scenarios on offer for placing bets, some of them are
There is also time bound bets, like predict one of the followings in first five minutes of the game or every five minutes
In some countries, there is a ban on betting altogether. In some countries it is legal, there are many online betting sites as well which may be legal. It is better to check with local laws before placing bets to be on safer side.
There are many people who take a risk for the lure of easy money and do betting nevertheless. There are also betting done by word of mouth or among friends just for fun. However, there are many illegal betting gangs that operate with a huge amount of money and these people may also indulge in match fixing.
With the advent of technology and internet, everything has been revolutionized and the world of betting has not been left behind.
World Cup 1998 and Euro 2000 saw a huge surge in the betting industry due to the availability of live transmission of the matches and also the availability of internet connection. With the advent of mobile phones and easy access to everything at a single touch, the betting industry has grown leaps and bounds. The ease with which a bet can be placed has increased manifolds.
The live relay of matches on television and streaming on the internet has also led to fluctuations in odds based on events that happen and the stakes are high. This is certain to give a high to many people who get a kick out of betting.
People could get addicted to betting and can also lose a large amount of money. This is also similar to gambling addiction where people think that if they put in some more money they could get back what they had lost, but it rarely happens.
There have been charges of match-fixing at times, mostly at lower grade levels due to betting gangs trying to make huge money.
Thus it is safe to do betting on a safe environment wherever it is legal and to know one’s limits on the amount of money that can be placed as a bet.
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