Gambling in Sport Flashcards

1
Q

What is gambling?

A

A way of placing bets on uncertain outcomes for the chance of winning money.

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2
Q

Why does sport lend itself to gambling? (2)

A
  • The outcomes are uncertain or unpredictable.
  • It may be considered exciting to watch competition if a bet has been placed on the outcomes,
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3
Q

Why is gambling a big business? (6)

A
  • It is worth hundreds of billions of pounds.
  • Availability of the internet allows online gambling.
  • It is possible to bet on a result or individual performances.
  • Betting is part of British culture.
  • Betting companies now sponsor major sports/teams.
  • Gambling is associated with sports organisations.
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4
Q

What is the result of gambling?

A

Some people and organisations seek to make a great deal of money from illegal gambling opportunities

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5
Q

Match fixing (definition and example)

A

Definition

Playing a game to a completely / partially pre-determined result. It is against the law.

Example

Juventus getting relegated for paying referees.

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6
Q

Bribery (definition and example)

A

Definition

The practice of offering money to gain a dishonest advantage.

Example

In tennis, paying players to lose sets

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7
Q

Illegal sports betting (definition)

A

Placing a bet with an unregistered bookmaker. Linked to match fixing and organised crime.

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