How does gambling support sports?

Sponsor June 20, 2012 0

The links between gambling and sport go way back, pretty much to the time when many of the sports themselves were invented. Those watching them have always enjoyed increasing the excitement level of this by wagering on the outcomes of games, and with the ever-increasing popularity of internet gambling options such as sports betting and online casino sites such as luckynugget, this is a situation that is unlikely to change. While some disapprove of the links between gambling and sport, provided those wagering are not involved in the actual running, or participating in the sports, it is a fairly harmless activity.

Probably the single most notable example of the way betting is not only connected with a sport, but actually supports it to the point where it is really the primary reason for that sport’s existence, is horse racing. This remains the only sport which exists almost entirely for the purposes of wagering on the outcomes and the financial support from the betting industry has traditionally come from the bookmakers. That is still true to a large extent, but increasingly these bookmakers are moving into offering these services online, where alongside specialist sports betting sites and online casino ones, they are shaping the future of the industry.

Horse racing and betting on it through bookmakers remains a primarily UK-based example of the support the betting industry offers sports, but these connections are also a major part of the sports world. For example, two of the most popular sports in Australia are Australian Rules football and rugby league, and the major clubs in these sports are supported by ‘leagues clubs’ which essentially means individual casinos owned and operated by the clubs themselves. This is a level of support to the sports industry that would still be unthinkable when it comes to UK football or rugby league clubs, although with the growing popularity of both these sports and online gambling in the UK, this may not be the case for ever.

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