Sports gambling is the activity of predicting sports results and putting a wager on the result. The frequency of sport bet upon varies by culture, with the huge majority of bets being placed on association football, American football, basketball, baseball, hockey, track cycling, car racing, mixed martial arts, and boxing at both the amateur and professional degrees. Sports betting can also extend to non-athletic events, such as fact show contests and political elections, and extra-curricular competitions like horse racing, greyhound racing, and prohibited, underground cockfighting. It is not unusual for sports betting websites to provide wagers for entertainment events like the Grammys, the Oscars, and the Emmy Awards.
Sports bettors place their wagers either lawfully, through a bookmaker/sportsbook, or through privately run enterprises. The term"book" is a reference to the novels used by wagebrokers to track wagers, payouts, as well as debts. Many legal sportsbooks are located online, operated across the Internet from jurisdictions separate from the clients they serve, generally to get around various gambling laws (such as the Unlawful Internet Gambling Enforcement Act of 2006 from the USA ) in select markets, such as Las Vegas, Nevada, or even on gaming cruises through self-serve kiosks. They accept bets"upfront", meaning the bettor has to pay the sportsbook before placing the bet. Illegal bookies, on account of the nature of their enterprise, can operate anywhere but only require money from dropping bettors and don't need the wagered money up front, producing the possibility of debt to the bookie from the bettor. This creates numerous other criminal elements, thereby bettering their illegality.
Sports gambling has resulted in a number of scandals in sport, affecting the integrity of sports events through different acts including stage shaving (players influencing the score by missing shots), spot-fixing (a participant activity is adjusted ), bad calls from officials in key moments, and overall match fixing (the overall result of the event is fixed). Cases include the 1919 World Series, the alleged (and afterwards confessed ) illegal gambling of former MLB player Pete Rose, and former NBA referee Tim Donaghy. One of the greatest scandals of all involves the 2002 NBA Championship games. Tim Donaghy was supposedly gambling on the spreads for the matches that he refereed. After his trial, Tim Donaghy went on to release an announcement to the people stating how among their most controversial games in NBA history, Game half the 2002 NBA Western Conference finals, was rigged
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