Sports betting is a worldwide trend that is experiencing rapid growth. Sports fans with some knowledge of a particular game or team may assume that they have the information necessary to make accurate and winning bets. Betting on the outcome of a favourite sport may seem like an easy and fast way to make a large amount of money, and many individuals may be encouraged by small wins to bet significant portions of their income in the hopes of a massive pay-off. Despite its promises of financial reward, sports betting are rarely profitable for anyone but bookmakers and a small minority of individuals who spend most of their time studying statistics, injuries and a host of other factors that may influence the outcome of a game. Those thinking of trying sports betting for the first time would do well to realistically consider their chance of actually making money before diving blindly into the activity. (more…)