Sports betting what is it?

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Sports betting is a type of gambling entertainment in which a player makes a bet with a bookmaker on a certain outcome of a particular event, match and even its segment. Sports betting appeared along with the competition itself. It is considered that the first sport for the results of which bets were taken was chariot racing. In ancient Rome they put on gladiator fights. In the new time without betting it was impossible to imagine horse racing. Racecourses today remain the place where a lot of money is won and lost. The same goes for boxer fights. Over time, they began to take bets on all kinds of sports, and the industry has grown and truly captured the world with unique opportunities for earning.

If earlier in order to make a bet, you had to call or visit special points of their admission, today it is enough to have a computer or a telephone with Internet access

Bets are accepted not only on super-popular football, hockey, basketball, baseball, American football, tennis, but also on such exotic, from the point of view of betting, like darts, chess, eSports. Modern technology with a simple smartphone allows you to follow the competition, see the statistics and make a bet almost in a matter of seconds. Today in the sports industry are involved a lot of money, world stars earn fabulous sums. Also, there is a huge bookmaker business: it is not possible to count all more or less large bookmaker offices of the planet. Of course, where there is a lot of money, there will always be fraudsters.

Sports betting, in the opinion of many players who do not understand the algorithms of this industry, is called a divorce or, at best, a lottery. No. Betting is not a lottery. It is rather a game based on statistics, own analysis, emotions and intuition. Today, it is practically impossible to find a platform that would exist physically, but would not have its own website on the Internet. Every self-respecting bookmaker has an online resource with a list of events (line), coefficients, attention-grabbing bonuses and unique services.

But the problem is that, along with large and small bookmaker offices that have received a license from a state, there may be fraudulent websites. They don’t live for a long time, because bad reputation spreads quickly, but they manage to deceive many ignorant players. Since this is hard to track down, some countries even ban online bookmakers. Despite the well-thought-out system of the betting business, there are a great many strategies on the market, developed by each individual player or well-known methods that should help beat the bookmaker. As practice shows, no single scheme is able to guarantee the player an exit in the plus in the long term.

Let’s examine the classic strategy, which is used in the casino online and is called the Martingale method.

The essence of the method is simple: set a fixed amount, but with each subsequent loss, increase it enough to recoup for past failures and go up to the amount of the first bet. It would seem a win-win scheme. However, if you play to the end, then you need a virtually unlimited amount (bank), which usually the player does not have.

There is a reliable option, called “forks”. Forks are formed in different bookmakers when making quotes for the same event. Bookmakers can give out so different odds that it would be beneficial for a player to put in one project the winner # 1, and the other on # 2. With any outcome bettor will remain in the black. But in this method there are two significant disadvantages. First, to make good money on this method, you need to find up to hundreds of similar gaps in the line per day. This is painstaking and hard work, about which many betting fans, to put it mildly, do not dream. Secondly, bookmakers track the forks and quickly eliminate them. Often, the player does not have enough time to put on two outcomes, which means that you can easily lose money here. The bookmaker can not just pay them out. Finally, a player caught by a bookie on the forks runs the risk of losing all his money along with the account.