Let's know sports betting

In this fast moving world , all of us are in a rush to get rich as soon as possible so that we can live a lavish life. In this rat race everybody being lazy by nature, searches for a shortcut method to be rich…..So, going through such shortcuts one that comes mainly to the lime light is Sports Betting. It is an activity of foretelling or predicting the results of a game and placing an amount of money (mainly referred to as wager) on it. In this twenty first century it’s a form of hobby and is also basically has become a stereotype to show your wealth. As it has been a game, challenging and daring it has evolved itself through ages. 

The different types of popular sports betting are:-

• Money line betting
• Spread betting
• Total (over/under) bets
• Proposition bets
• Parley
• Teasers
• If bets
• Run line , puck line or goal line bets
• Futures wagers
• Head to Head
• Totalizators (Flexible rate bets)

Though Sports betting has always being the part and parcel of passionate people’s life , it is also driven by the environment from which one come out as it is the place where they first get acquainted with it . Apart from betting in human sports ( sports performed by humans ) such as cricket, football, basketball ball etc. Sports bet also includes betting on non-human sports event such as horse riding . Mainly sports bets can be performed by two ways, either legally by placing the wagers with the help of bookmakers or illegally with the help of private enterprises. To get a better picture of something we must look at the insights of that thing, specially we must be clear about the terminologies used in it. 

SPORTS BETTING

Some terms related to Sports betting:

• Book - It is referred to the books used by the wage brokers to track wagers , payouts and debts .
• Bookmarker – He is the one whose job is to take bets , calculate odds and payout winning .
• Sportsbook – a foundation that takes bets on sporting events and pays out winning
• Up-front – the bettor must pay the sportsbook before placing the bet.
• Odds – it is the probability of an outcome to happen .
• Buck – a $100 bet , also known as a dollar bet.
• Point saving – it is a type of match fixing where  perpetrators try  to prevent a team from covering a published point spread .
• Bookmaking – the profession of accepting sports wagers .
• Bookies – illicit bookmakers.

And there are many more.

Games like this are of great fun but sometimes it takes people to the path of greed, which tends them to perform scandals such as point saving and pre match-fixing. This harms the probity of the game.

Though these betting practices prove to be lethal for mind and health as many people after losing everything  is such games, face a lot of mental health issues as well as economic crisis, but it proves to be of great fortune a number of times  for example one can see the fortune of Jack in Titanic who got  the tickets of ‘The Titanic ’ just by betting and winning  and  the  rest is probably known to all.