Sports and gambling have long forged a relationship that has withstood scandals, calls for stricter rules and laws, and has generated billions of dollars in revenues. Gambling though has become part and parcel of numerous sports and for some people; it makes the game more exciting.
This symbiotic relationship has been going on for so long that its actual beginnings would be very difficult if not impossible to pinpoint. Gambling has had a long run with sports and is very influential to its existence. Even the growth of America's favorite past time, baseball, in the nineteenth century could be due to the gambling that went with it.
It has been said that when the Greeks played their events that would eventually lead to the existence of the Olympic Games, men would often place bets on their favorites. But after that, most sports gambling would be on sports were animals would contest against each other, this includes races, animal blood sports and such. It is only until the modern times when team sports where invented when people would then be enamored at a large scale with sports gambling.
Without the existence though of established booking agencies and a commission to regulate it, sports gambling usually happen between acquaintances, colleagues and street bookmakers who saw the financial windfall that sports gambling could provide. This eventually led to booking houses, casinos and now, the internet.
With hugely impressive figures being generated each year, the sports gambling industry deals with numerous sporting events which allows it to operate the whole year round thus making it very profitable for those that operates agencies. Not all people though rely solely on sports gambling to earn an income. In fact, there have been some people who have made and lost huge sums of money. This is because sports gambling require some informative research to help determine a team's winning edge over the other.
Some people find sports gambling to be the necessary ingredient to make the game more interesting. Knowing that they have something on the line except for team pride makes each point garnered by his team exciting for him or her as well.
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