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Can sports betting be considered a business?
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[QUOTE="kayode10, post: 71866, member: 26899"] There are two categories of people when it comes to sport betting. The bookmarkers, the owner of the sport betting websites and those that place bets. Sport betting can be seen as a business only to the bookmarkers. It is the bookmarkers that set up the betting system, hire people to run the system, do the marketing and promotion, creating annex through agents etc The bookmarkers are into sport bet to make more money. And they have configure the system to favour them against those who are placing the bet.it a pure business to them. On the other hand, those that place bets are into sport betting for luck. The odd against them is very low and it will be full to see sport betting as a business. The reason is that the chances of winning is pretty much slim. A person can play bets for years and still not win. [/QUOTE]
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Can sports betting be considered a business?
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