Sunday, April 8, 2012

It Is Possible To Make A Good Living From Sports Handicapping

By Veronica James


Enthusiasts from all over the world are brought together with their common love for a particular sport. However, the competitive side of sport is not just on the field of play. A great many of these enthusiasts also practice sports handicapping as a way to attempt to predict sports results.

Many believe it is based purely on luck and favoritism, this is not true. A great deal of information is collated in an effort to predict the outcome of certain events. It is a combination of statistics and sporting knowledge, and can provide some interesting results.

A nation sports, and their culture are very tightly mixed. Some sporting events play a very large part in a nation's calendar. Gambling on sport has gone hand-in-hand with these events over the years, and handicapping is to the forefront of this.

The first sport that people think about when gambling is discussed is that of horse racing. People have been known to put extremely large wagers on the result of a single race. These days, any event that involves an element of competition will attract gamblers. But to generate massive interest, the event has to be a prestigious one.

When calculating a handicap, three basic elements are considered. These are technical, situational, and fundamental. The technical aspect takes into account the location of the event, and the competing teams previous results there. The relative current forms of the competing teams is known as the situational element. Statistics come into the equation as the fundamental element.

Most sporting events seem to attract sports handicapping of some kind. Some people are able to make a comfortable living from it and take it very seriously. However, a lot of people do it purely for enjoyment, to either compete with their friends, or to make an event more interesting to watch.




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