Sports betting is a popular type of gambling not only because people like sports, but because it’s welcoming to those who want to place simple bets on the outcome of a game or try more intricate wagers (such as betting on the over-under of a given game). As an example, sports betting on the outcome of a race can be as simple as picking the winner. The bookkeeper will give odds against the result of the race, with competitors who are less likely to win offering a greater potential payout.
Placing money on an athlete who is likely to lose is known as betting on long odds. Though risky, wagering some money on an underdog will pay out far more compared to a safe bet should that underdog win. And though the odds are slim, people have scored big playing the long odds. For example, in 2015, the Kansas City Royals started the baseball season with 30:1 odds that they would win the World Series. Few people bet on them, but the team did win the championship that year. A small handful of savvy risk-taking gamblers certainly scored big on that outcome.
Sports betting is gaining tons of popularity thanks to online casinos. Are you ready to join the ranks of people who have scored huge by betting on the outcome of games, races, fights and other events? Learn more about sports betting, and read through this infographic to discover some incredible upsets that have taken place over the years.
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