What is Sports betting?
'''Sports betting''' is the activity of predicting [[sports]] and placing wagers on the outcome. Some suggest bets were placed for the first time in Ancient Greece, while others insist there is evidence of similar [[betting]] activities even before that. The frequency of sports that is [[gambling|bet]] upon differs with culture. Most of those bets are placed on [[basketball]], [[baseball]], [[mixed martial arts]], [[boxing]] and [[auto racing]] at both professional and amateur levels. In many parts of the [[United States]], sports betting is illegal. It is legal in several other states. They include [[Iowa]], [[New York (state)|New York]], [[Rhode Island]], [[Colorado]] and [[Nevada]].<ref>{{cite web|title=US Sports Betting|publisher=Sports Handle|url=https://sportshandle.com/sports-betting|access-date=May 20, 2021}}</ref> In countries like [[Australia]], [[New Zealand]], and [[Sweden]] sports betting winnings are not taxed. Other jurisdictions, like [[Germany]], impose taxes on wagering profits, but naturally the percentage varies from one country to another. Sports betting can be done on several [[Internet]] [[website]]s or in public. == Bookmaker == The [[bookmaker]], also known as “a betting agency” or “sportsbook” is a company or a person that provides the sports betting services at odds, agreed upon in advance. ==Related pages== *[[Organized crime]] *[[Point shaving]] *[[Match fixing]] ==References== {{reflist}} [[Category:Sports]] {{sports-stub}} [[Category:Gambling]]