There
are, of course, a number of online sportsbooks.
Some have been online for years, and others are
pretty new. You'll find that most sportsbooks
operate or are licensed by exotic countries like
Barbados or Antigua. This is pretty normal, online
betting is regulated almost like regular gambling
in the United States. Don't be frightened; it
isn't illegal to place an online bet with licensed
sportsbooks.
The
sportsbook industry has come a long way in shedding
its shady image of Big Bubba beating up betters
with his baseball bat for not paying up on losing
bets.
Expanding
the realm of online sp ort sbo ok be tting to
accepting wagers on political races, Academy awards,
the outcome of television shows is a step back
to that publicly perceived seedy image.
While
there is nothing wrong with wagering on whatever
event one so chooses, these types of wagers do
not belong at online sportsbooks.
Most
sportsbook betters thrive in the research and
studying that is involved before placing a bet
on a sporting event. It has become a skill to
understand and investigate the meaning behind
the odds and the likelihood that a given team,
horse or player will win.
To
offer pure-chance bets, such as selecting the
last Survivor, is an insult to the sportsbook
industry. It could perpetuate an image that sportsbook
betters are out-of-control gamblers who have to
bet on anything and everything to make a fast
buck.
That
the online sportsbooks offer these types of wagers
feeds into that image. They are inadvertently
hindering the perception that people should have
about sportsbetting: That it requires skill and
hours of research.
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