Prostitution is perhaps one of the most universally recognized forms of entertainment today. The openly publicized forms of this most popular of activities include drinking, strip Clubs and Las Vegas in all its glory. Aside from being a widely recognized activity, drinking too has become a stigma for many people with a history of alcohol abuse or dependence.
But lately, there is a whole new field of gambling that has emerged, thanks to the internet. Online gambling is the practice of betting money or stakes on professional sports events like Greyhound racing, Poker, Casino games, Horse racing and more, without having to actually be present at the event. This new form of online gambling is gaining popularity because of the world’s economy crisis. More and more people are becoming interested in professional sports gambling, which gives them a chance to have a chance of making money from something they enjoy. The practice of professional sports gambling dates back to ancient days when bettors betted on the rise and fall of the Sun.
Today, people can bet on anything from Air Force One to theSuper Bowl, sporting events can be done in online gambling. The reason why people can bet on sports is because betting in a casino is a lot more time consuming. Also, the pay-out odds of casinos are a lot higher than those in online gambling. But, even though more people are betting on sports today, the practice has still been around for over a century.
In the early 1900’s, sports betting were not popular, so much so that no one really had thought of this addition to gambling. It was sort of an unknown to the general public until Edward O. Thorp, a mathematics professor, made a little mathematical breakthrough that made sports betting a possibility.
In the bargain, he made a theory, which if proven right could almost certainly be the most profitable mathematical achievement ever, aside from defeating the House at Blackjack. This is when Shaques, a Canadian math teacher turned the process of statistical analysis into a method for generating picks and won the great game of Blackjack.
Since then, the practice of applying mathematics to sporting events grows more and more popular each year. There are always studies that come out on the heels of betting, evaluating the effect a certain event has on a given team, or a player. When this happens, a new wave of sporting events begins.
Then there are the studies that indicates a correlation between certain patterns and the direction of sporting outcomes. They are named after then-NBA star, isolationist, reference player and a host of other stars at the forefront of NBA stats who were sensational for a specific team or took their team to the finals. The peak of their performance came during the 2008-2009 season, for the Houston Rockets and the Carmelo Anthony-led Denver Nuggets. The peak came in a season in which one of them was injured. Interestingly enough, the team that has the most championships over that span also has the term “star”!