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Sports Betting

Sports Betting

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Sports Betting

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  1. Sports Betting PD 7 NainoaTomimoto-Kim

  2. What is it? • Predicting sports results and putting a wager on the outcome. • Baseball, Football, Basketball, Soccer, Hockey, Tennis, Fencing, Horse Racing, Dog Racing etc..

  3. Limits • Gambling of any kind is illegal in two states, Hawaii and Utah. • Nevada is the only state where sports betting is fully legal • In Delaware and New Jersey you can only bet in certain places and in certain ways • Very high risk factor

  4. Types of investors • Investors are usually people who can afford to lose the money on high risk wages • Wanting to make quick money on a game • People who really believe in a person or team

  5. Making money & Climate • Making money in this investment all depends on how well the person or team you bet on is doing • If they do well you make money, if they don’t you lose money • There is no really good climate because in sports you never know who’s going to win

  6. Companies • Bovada • Topbet

  7. Risks and Starting • The risk is very high in sports betting and the outcomes of games are unpredictable • Nobody knows who’s going to win or lose • To start you only need however much money you want to bet with

  8. Investment returns • When teams win games that you put a lot of money on you can get a big reward • Especially those who are favored to lose

  9. Cites • en.wikipedia.org/wiki/Sports_betting‎ • www.americangaming.org • www.mytopsportsbooks.com/sports-betting