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Sports Betting in the United Kingdom
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In the United Kingdom, sports betting is very popular and huge among many individuals. You can find yourself placing bets on several different types of sports including rugby, cricket, football (or soccer as some may know it) among many other sports available to bet on.
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Sports betting can be a very exciting and interesting sport to take part in, which is probably why it is so huge in the United Kingdom as well as elsewhere among the world. However, in the UK, unlike many other countries, the laws and policies regarding sports betting are pretty relaxed and stress-free. Sure, it is regulated drastically, but it is nowhere near illegal as in some countries. The government in the United Kingdom are more interested in creating less hassle, fixing the undesirable effects that sports betting has, fixing any mistakes or fraud that may be out there rather than just making it illegal. Sports betting is a huge part of the United Kingdom, so the UK government would rather not just get rid of it completely, but just fix the areas of concern.
The UK government does make sure that if anyone has any type of direct involvement in a specific game that an individual cannot bet on this game. Why you may ask? Well, if an individual is betting on a specific team to lose and the other to win, then it is very easy to make a deal with the team that they are betting on losing to make sure they trash the game. Makes sense, right?
The United Kingdom uses fractional odds rather than money line odds or decimal odds when it comes to sports betting. They all say the exact same thing, just in a different manner, which is preferred by the UK. You will usually see money line odds used in the United States whereas you can find decimal odds mainly in Australia and parts of Europe. Still confused? In the UK, 1/1 would be an even money bet in the United Kingdom. +100 is the way a money line would be expressed in America and in France or Australia, you would find the decimal odds shown as 2.00. -
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