It has always been like this. We don’t know the future, but we still pretend we can figure out what is going to happen. A right guess pleases us, as it makes us feel better and gives us a self-esteem boost. Then one day, a long time ago, people decided that it must be rewarded […]
Sports betting has always been an integral part of the gambling industry. There are millions of sports fanatics who are ready to bet their own houses just to support their favorite teams. And there is some serious cash involved in sports betting, for sure! Professional bettors, on the other hand, are quite serious people; their […]
On May 14, the AGA (American Gaming Association) finally announced its long-expected Responsible Marketing Code. It is aimed at regulating the Association’s activities in advertising sports betting. In many ways, this is a remarkable event. It was well-timed to coincide with the 1st anniversary of the historic decision of the US Supreme Court to lift […]
Both speculation and gambling, by their very nature, are different forms of risk-taking behavior. These two activities are based on the same principle of risk-to-reward ratio; however, there is a big difference between them. Namely, speculation is a risk management activity, whereas gambling is most often associated with randomness. There is absolutely no way to […]
