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Gambling had deep roots in England and quite naturally, the colonists brought their love of gambling over to the us and continued with the tradition. Early colonists are already known to bet on cock-fighting, boxing, and horse racing. In the early nineteenth century, a large number of gambling was centered on horse racing with boxing in second place. On the other hand, with increasing popularity of baseball, the focus of sports gambling shifted to baseball betting towards the later included in the century.
By the start of the twentieth century, sports like the college basketball and football started getting the attention of public and with the passage of time these sports were competing with baseball with regard to popularity. The earliest type of wagering on football and basketball involved the usage of odds - a system still practiced today - also referred to as the cash line.
The method of betting with money line posed big problems for the bookmakers and they were forced to put together a substitute. A majority of gambles were inclined to place bets on college teams that were quite superior to their opponents, making the outcome of the matches a foregone conclusion and resulting in losses for book makers. Just ahead of the Second World War broke out, the bookmakers introduce a whole new method of sports gambling that transformed this industry forever.
In simple terms, the point spread is a handicap which is placed on the likely winner of any basket ball or football game in points. For example, in the event the Lakers were expected to simply demolish the Clippers, the point spread for the game may be calculated at all the way to 20 points. To put it simply, 20 points would be either subtracted from the total score of Lakers score, or added to the total score of Clippers. In such a case, any sports enthusiast who placed a sports bet on the Lakers would only earn money if the Lakers win by at least 21 points. Similarly, gamblers wagering on the Clippers stand to win their bets in the event the Clippers win the game and also should the Clippers lose the game, gamblers can still win provided Clippers lose by 19 points or less.
The point spread helped the bookmakers to balance their books as bets on sporting events were more evenly placed when compared with the previous system where many gamblers placed bets on the exact same teams.
The huge success of the point spread helped the bookmakers recognize that the greater betting options the public had, the more bets they will be likely to place. This realization resulted in the creation of another system, the totals. Generally known as "overs / unders,", this betting proposition provides the gamblers to bet on the total score of both the teams, irrespective of the outcome of the game.
sports agent (click web page) betting has gone through many stages of evolution with the passage of time. Bookmakers have continued to put together betting methods and opportunities, latest of them being teasers and parlays. Conversely, placing a sports bet with the traditional money line, against the point spread, or through totals, will still be the three most popular forms of sports gambling. Regardless of what sports you follow, there is definitely an equal opportunity now to make money from your favorite sports.
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