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Gambling had deep roots in England and quite naturally, the colonists brought their love of gambling over to the country and continued with the tradition. Early colonists happen to be known to bet on cock-fighting, boxing, and horse racing. Within the early nineteenth century, the majority of gambling was centered on horse racing with boxing in second place. Alternatively, with increasing popularity of baseball, the focus of sports gambling shifted to baseball betting towards the later a division of the century.
Through the start of the 20th century, sports like the college basketball and football started getting the attention of community and with the passage of time these sports were competing with baseball with regards to popularity. The earliest form of wagering on football and basketball involved the usage of odds - a system still practiced today - generally known as the money 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 who 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 new method of sports gambling that transformed this industry forever.
In simple terms, the point spread is a handicap that is placed on the likely winner of any basket ball or online football (right here on Unvi) game in points. By way of example, if the Lakers were expected to simply demolish the Clippers, the point spread for the game could possibly be calculated at as high as 20 points. In other words, 20 points will 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 make 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 as well as if 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 professional sports were more evenly placed as compared with the previous system where nearly all of gamblers placed bets on the same teams.
The huge success of the point spread helped the bookmakers understand that the greater betting options the general public had, the more bets they will be very likely to place. This realization resulted in the establishment 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 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. However, placing a sports bet with the traditional money line, against the point spread, or through totals, continue to be the 3 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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