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Bets and terminology for beginners

Betting is a very widespread and regular phenomenon especially in United States. In the world of sports betting has not left any game untouched. Be it cricket, horse racing, football, basketball… betting has laid its hands over all of them.
Though almost half of the country’s population is consciously infected by the betting syndrome, yet there are no thoughts by the government to legalize it in any form or the other. The only place where it has been made legal is the state of Nevada. The state has made collegiate gambling, which is one of the most execrable forms of betting. Betting on sports in colleges not just deteriorates the healthy atmosphere an spirit with which the game is played but also ruins the trustworthy sportsmanship of the players. The college players themselves wager and try to play the game in accordance to win their wager. They are not motivated by the team or game spirit but by the money they might receive on winning the bet. NCAA has revealed that most often it is the college athletes more inclined to betting and point shaving as compared to professional sportsmen. Point shaving refers to the poor and awful performance that players make on the field in order to have a particular point spread.

There are various types of bets and betting terminologies. Some of the most frequent types of bets are- Point Spread, Money Lines, Parlays and Pari- mutual etc. These bets vary from game to game, in their terms and conditions and the style of betting. It is better to learn the different techniques and rules for these bets before you wager.
Nowadays betting can also be done online. The government has put up limitations here too in the form of the ‘Wire Act’. This act limited online gambling within the walls of a state. In other words, the Wire Act made it illicit to cross a state line for the purpose of gambling. However this act even like several others stands in effective in detaining gamblers from gambling in the manner they desire to do.
The gamblers can do anything to prevent their gambling industry from fading in the hands of government. They do anything and everything to find favors from the government. Most often this is done by time and again stuffing the pockets of the party members with huge amount of money.

But a gambler fails to realize that the government is not at loss. It is he himself who loses and suffers the most. Betting is nothing else but gambling with one’s money. It is devastating addiction. A pathological gambler cannot resist from gambling whatsoever his economic condition may be. He can stoop to any extent to obtain money for betting. He can lie, steal and even murder anyone for it. The idea of once winning a large bet is always playing on his mind. The entire family and friends of a pathological gambler face repercussions of the adverse situations so created by him.

The lust for money is never ending, it is better to be satisfied with the little that you have than to pine for more and lose even that!

About the Author

Mansi gupta writes about bets and terminology topics.

Mansi gupta