There are betting web sites on every topic imaginable. Among the oldest betting events in the world is in the Sports arena that extends to include things like horse racing, animal competitions, elections and even the dubious world of reality shows. But, can you bet to win or are the odds as astronomical as playing the lottery? We shall examine this question in more detailed fashion now.
In the world of lotteries, the odds are astronomical because of two things: the number of people that play and the permutations and combinations of possibilities in the numbers to be guessed. They say it’s easy to make a million dollars…just ask a million people for a single dollar each! It’s easier said than done, but the lottery system have achieved exactly that. The only clear winners are governments or organizations that run these lotteries. The rest of us have a better chance of being hit by lightning!
Now, look at the world of sports betting. Take Football (Soccer) for instance. The possibilities are not endless, though the people betting are. There are an estimated 3.5 billion soccer fans worldwide. There a finite number of possibilities…goals being scored, teams winning, etc. Continue reading