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Sports Betting Truths


The first ever recorded sports bets, took place on 10 September 1858, by two spectators watching a game between the Brooklyn Eckfords and the New York Mutuals, placed a 100$ bet as to whether or not John Holden would hit a home run. Holden himself was assured 25$ if he hit, he did and after the game all the debts were settled.

In 1865 again, in a match between the same teams, three players from the Mutuals agreed to deliberately loose a game in return of $100 each.

After the scandal involving the 1877 Louisville Grays and other fixed games prompted American League President Ban Johnson to impose a ban on all gambling inside

American League ballparks, beginning 1903. However this ban soon proved ineffective and betting flourished. Richard Higham was banned in 1882 after officiating games so that certain outcomes would be produced in return for money. The Giants manger was tainted after he betted and won 400$ on his teams winning the World Series in 1905.In 1919 eight members of the Chicago White Sox accepted money to loose the World Series to the Cincinnati Reds. Since 1943 some of the game's biggest names have been tainted and expelled at some or the time for betting and accepting money for effected performance.

Gambling and players involvement has not been limited to baseball and has affected other games like German Soccer and Horse racing also. In 2005 25 year old Robert Hoyzer admitted having accepted money in return for dishonest officiating.

Betting in US dates back a long way, but the real thrust to this industry was with the legalization of betting in Nevada in 1931. After the mining industry started slowing down, gambling was legalized by the state dry on cash, and soon things started showing up.

Once the big casinos arrived on scene, many small sports betting shops were forced out of business.

Gamblers Anonymous was formed way back in 1957, when two men started meeting on a monthly basis and discussing their gambling and supporting each other. After gaining publicity from local media coverage, the first meeting of GA was held on September 1957 in Los Angeles, California.

Membership requires a commitment to stop gambling. Most of the members consider themselves compulsive gamblers, feeling that theirs is an illness which shall worsen with time if not faced. It is not a proactive organization and intervenes only when men or women feeling they can't help themselves and contact the organization. The organization helps by giving its members certain guidelines to be strictly followed by them. There are no membership fees and no outside donations are accepted. It is supported solely by contributions from its members.

Considering the fact that 2 million or almost 1 percent of all Americans gamble as a compulsion the situation is grave and does need aid. Besides GA, there is also the National Council on Problem Gambling, helping people getting out of their addiction with gambling.

Hollywood has had its share of movies based on sports betting. The hustler, blue chip, and White Men Can't Stand were all based on the issue of Sports Betting.

Mansi aggarwal writes about. sports betting truths. Learn more at http://www.sportsandbets.com


MORE RESOURCES:

Philadelphia Magazine (blog)

Auditor General to Review Pa. Casino Gambling
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The Morning Call reports that Auditor General Eugene DePasquale will review whether casino gambling is paying its way in Pennsylvania — specifically if it is bringing promised jobs and tax revenues to the state. “We're going to be curious to see how ...
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The Courier-Journal

Kentucky lobbying group pulls support of legalized casino gambling
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Horse group now opposes Kentucky casinosThe Courier-Journal
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cleveland.com

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Some of the highlights of the report put out by the American Gaming Association shows that in 2013 casino gambling has brought in $1.4 billion to the state's economy, approximately 8,000 jobs have been created and about $543 million in local, state and ...
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This father of two said he feels like he's on a sinking ship. He told Christmas for All that his wife left the family last year, after plundering their bank accounts, and plunging the family into massive debt. “She was gambling, going to all different ...

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Starling speaks out on Casino Gambling Act
Royal Gazette
Political activist Jonathan Starling has called on Government to withdraw the Casino Gambling Act that was tabled on November 28. Mr Starling, who has previously voiced his disappointment that Government did not follow through on the promised ...



Mayors stop casino gambling in Tiyan
Pacific Daily News
Linala Sin Casino, a group that opposes casino gambling on Guam, raised concerns about gambling continuing in Tiyan after the Liberation Day carnival had closed in August. Villages have been using the Tiyan site for gambling operations as part of their ...

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New Hampshire Voice

Expansion of casino gambling may increase public corruption: FBI
New Hampshire Voice
The growth of casino gambling industry might lead to an increase in public corruption as well as financial and organized crime, the head of the Federal Bureau of Investigation's (FBI's) Boston office said. Special Agent Vincent Lisi, whose office ...
FBI's Boston Office Warns Of Corruption In Casino IndustryWBUR

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Casino gambling revenue in Macau falls in November for the sixth consecutive ...
Macauhub
Gross revenue from gaming and gambling in Macau fell in November for the sixth consecutive month but at a lower rate lower than that recorded in September, the Gaming Inspection and Coordination Bureau (DICJ) said. According to information from the ...

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NorthJersey.com

Ballot measure for North Jersey casino is on fast track
NorthJersey.com
State lawmakers are in serious discussions to craft a ballot question that would go to voters in November asking them to allow casino gambling in North Jersey, just as New York has denied six bids for casinos across the border in Orange County. The ...
NJ lawmakers considering ballot question to allow casino gambling in North ...Las Vegas Blog (blog)
Fulop: Casino in Jersey City would be highest-grossing in North AmericaNJ.com

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