Sports Betting 101

| Total Words: 531

Betting on sports is perhaps as old as the various games themselves. Millions of people have made huge money out of betting on sports. Possibly no game is left virgin of betting. All games have bookies and wages attached to them. Alike is the case with the countries across the globe. Betting is becoming a universal phenomenon nowadays. The difference however lies in the fact that some countries have accepted betting and so have legalized it while others still consider it illicit. For instance betting is taken to be legal nearly in entire Europe whereas Nevada is the only place in United States of America where wagering is deemed to be lawful. But the geographical scenario does not bring much variation in the terms and conditions or the rules and style of betting. The betting policies for a particular game for example cricket remain approximately the same around the world.

But what differs with the place or country is the sport and the amount of bets placed on it. Like people in Asian countries are leaders in betting on cricket. Cricket is the favorite sport in the Asian subcontinent. But in Europe and America games like horse racing, basketball, hockey, soccer and...

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