Sports Betting
Sports betting is the general activity of predicting
sports results by making a wager on the outcome of a
sporting event. Perhaps more so than other forms of
gambling, the legality and general acceptance of sports
betting varies from nation to nation. In North America, for
example, sports gambling is generally forbidden, while in
many European nations, bookmaking (the profession of
accepting sports wagers) 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 benefitting the leagues,
teams and players they bet on through higher attendances and
television audiences. Opponents fear that, over and above
the general ramifications of
gambling, it threatens the integrity of amateur and
professional
sport, 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.
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by MultiMedia and Nicolae Sfetcu
This guide is licensed under the GNU Free Documentation License