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If Bet
Sports betting is the activity of predicting sports results and placing a wager on the outcome. The frequency of sports bet upon varies by culture, with the vast majority of bets being placed on association football, American football, basketball, baseball, hockey, track cycling, auto racing, mixed martial arts, and boxing at both the amateur and professional levels. Sports betting can also extend to non-athletic events, such as reality show contests and political elections, and non-human contests such as horse racing, greyhound racing, and cockfighting. It is not uncommon for sports betting websites to offer wagers for entertainment events such as the Grammy Awards, the Oscars, and the Emmy Awards. Sports bettors place their wagers either legally, through a bookmaker/sportsbook, or illegally through privately run enterprises referred to as "bookies". The term "book" is a reference to the books used by wage brokers to track wagers, payouts, and debts. Many legal sportsbooks ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Unlawful Internet Gambling Enforcement Act Of 2006
The Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) is United States legislation regulating online gambling. It was added as Title VIII to the SAFE Port Act (found at ) which otherwise regulated port security. The UIGEA prohibits gambling businesses from "knowingly accepting payments in connection with the participation of another person in a bet or wager that involves the use of the Internet and that is unlawful under any federal or state law." The act specifically excludes fantasy sports that meet certain requirements, skill games, and legal intrastate and intertribal gaming. The law does not expressly mention state lotteries, nor does it clarify whether interstate wagering on horse racing is legal. Background on online gambling The United States Court of Appeals for the Fifth Circuit ruled in November 2002 that the Federal Wire Act prohibits electronic transmission of information for sports betting across telecommunications lines but affirmed a lower court ruling ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Odds
Odds provide a measure of the likelihood of a particular outcome. They are calculated as the ratio of the number of events that produce that outcome to the number that do not. Odds are commonly used in gambling and statistics. Odds also have a simple relation with probability: the odds of an outcome are the ratio of the probability that the outcome occurs to the probability that the outcome does not occur. In mathematical terms, where p is the probability of the outcome: :\text = \frac where 1-p is the probability that the outcome does not occur. Odds can be demonstrated by examining rolling a six-sided die. The odds of rolling a 6 is 1:5. This is because there is 1 event (rolling a 6) that produces the specified outcome of "rolling a 6", and 5 events that do not (rolling a 1,2,3,4 or 5). The odds of rolling either a 5 or 6 is 2:4. This is because there are 2 events (rolling a 5 or 6) that produce the specified outcome of "rolling either a 5 or 6", and 4 events that do n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Odds
Odds provide a measure of the likelihood of a particular outcome. They are calculated as the ratio of the number of events that produce that outcome to the number that do not. Odds are commonly used in gambling and statistics. Odds also have a simple relation with probability: the odds of an outcome are the ratio of the probability that the outcome occurs to the probability that the outcome does not occur. In mathematical terms, where p is the probability of the outcome: :\text = \frac where 1-p is the probability that the outcome does not occur. Odds can be demonstrated by examining rolling a six-sided die. The odds of rolling a 6 is 1:5. This is because there is 1 event (rolling a 6) that produces the specified outcome of "rolling a 6", and 5 events that do not (rolling a 1,2,3,4 or 5). The odds of rolling either a 5 or 6 is 2:4. This is because there are 2 events (rolling a 5 or 6) that produce the specified outcome of "rolling either a 5 or 6", and 4 events that do n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Betting On The Favorite
Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance), and a prize. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season. The term "gaming" in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; ''i.e.'', a "gaming" company offers (legal) "gambling" activities to the public and may be regulated by one of many gaming control boards, for example, the Nevada Gaming Control Board. However, this distinction is not universal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pete Rose
Peter Edward Rose Sr. (born April 14, 1941), also known by his nickname "Charlie Hustle", is an American former professional baseball player and manager. Rose played in Major League Baseball (MLB) from 1963 to 1986, most prominently as a member of the Cincinnati Reds team known as the Big Red Machine for their dominance of the National League in the 1970s. He also played for the Philadelphia Phillies and the Montreal Expos. During and after his playing career, he served as the manager of the Reds from 1984 to 1989. Rose was a switch hitter and is the all-time MLB leader in hits (4,256), games played (3,562), at-bats (14,053), singles (3,215), and outs (10,328). He won three World Series, three batting titles, one Most Valuable Player Award, two Gold Gloves, and the Rookie of the Year Award. Rose made 17 All-Star appearances at an unequaled five positions ( second baseman, left fielder, right fielder, third baseman, and first baseman). Rose won both of his Gold Gloves when he ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1919 World Series
The 1919 World Series was the championship series in Major League Baseball for the 1919 season. The 16th edition of the World Series, it matched the American League champion Chicago White Sox against the National League champion Cincinnati Reds. Although most World Series have been of the best-of-seven format, the 1919 World Series was a best-of-nine series (along with , , and ). Major League Baseball decided to try the best-of-nine format partly to increase popularity of the sport and partly to generate more revenue. The events of the series are often associated with the Black Sox Scandal, when several members of the Chicago franchise conspired with gamblers, allegedly led by Arnold Rothstein, to throw the World Series games. The 1919 World Series was the last World Series to take place without a Commissioner of Baseball in place. In 1920, the various franchise owners installed Kenesaw Mountain Landis as the first "Commissioner of Baseball." In August 1921, despite being acqu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Match Fixing
In organized sports, match fixing is the act of playing or officiating a match with the intention of achieving a pre-determined result, violating the rules of the game and often the law. There are many reasons why match fixing might take place, including receiving bribes from bookmakers or sports bettors, and blackmail. Competitors may also intentionally perform poorly to gain a future advantage, such as a better draft pick or to face an easier opponent in a later round of competition. A player might also play poorly to rig a handicap system. Match fixing, when motivated by gambling, requires contacts (and normally money transfers) between gamblers, players, team officials, and/or referees. These contacts and transfers can sometimes be discovered, and lead to prosecution by the law or the sports league(s). In contrast, losing for future advantage is internal to the team and very difficult to prove. Often, substitutions made by a coach designed to deliberately increase the team ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spot-fixing
Spot-fixing is illegal activity in a sport in which a specific aspect of a game, unrelated to the final result but upon which a betting market exists, is fixed in an attempt to ensure a certain result in a proposition bet. Examples include something as minor as timing a no ball or wide delivery in cricket or timing the first throw-in or corner in association football. Spot-fixing attempts to defraud bookmakers by a player taking a pre-arranged action to fix the result of that specific event. Spot-fixing differs from match fixing in which the final result of a match is fixed or point shaving in which players (or officials) attempt to limit the margin of victory of the favoured team. Spot-fixing is more difficult to detect than match fixing or point shaving, and by its nature, it can be perpetrated by a lone fraudulent player without any other players or officials being needed to co-operate. The growth of Internet gambling and increased variety of betting options (for example, sprea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Point Shaving
In organized sports, point shaving is a type of match fixing where the perpetrators try to change the final score of a game without changing who wins. This is typically done by players colluding with gamblers to prevent a team from covering a published point spread, where gamblers bet on the margin of victory. The practice of shaving points is illegal in some countries, and stiff penalties are imposed for those caught and convicted, including jail time. A point-shaving scheme generally involves a sports gambler and one or more players of the team favored to win the game. In exchange for a bribe, the player or players agree to ensure that their team will not "cover the point spread" (the bribed player's team may still win but not by as big a margin as that predicted by bookmakers). The gambler then wagers against the bribed team. Alternatively, players on the team picked to lose may be bribed to lose by more points than the indicated point spread, and gamblers will wager on their ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kiosk
Historically, a kiosk () was a small garden pavilion open on some or all sides common in Iran, Persia, the Indian subcontinent, and in the Ottoman Empire from the 13th century onward. Today, several examples of this type of kiosk still exist in and around the Topkapı Palace in Istanbul, and they can be seen in Balkan countries. The word is used in English-speaking countries for small booths offering goods and services. In Australia they usually offer food service. Freestanding computer terminals dispensing information are called interactive kiosks. Etymology Etymological data points to the Middle Persian word ''kōšk'' 'palace, portico' as the origin, via Turkish language, Turkish ''köşk'' 'pavilion' and French ''kiosque'' or Italian ''chiosco''. History and origins A kiosk is an open summer-house or pavilion usually having its roof supported by pillars with screened or totally open walls. As a building type, it was first introduced by the Seljuks as a small building a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
