It would be difficult to say who is a wise bettor, unless of course he himself turns out to be wise at the end of the day. People bet for many reasons, with the majority of course betting for the money. However money alone is not the motivator for many who do the betting for the thrill and involvement. Even in the former category, many bettors forget about the end and mostly are guided by emotions, favoritism, addictions and betting beyond ones limitations. There is the last category, though not the least in number, who does the betting for the sake of betting or to be a part of the social system. Most would agree with the spirit behind the opening statement of this article.
Like many mysteries of the universe, the concept and popularity of betting continues to challenge the human rationale as it is only a few who gain with their bet, while the majority gets robbed of the purse and their valuable time. On line betting has brought new dimensions to sports betting by virtue of the multiplicity of choices and unlimited prize money. A small start made in the last decade is reaping revenue worth millions of dollars today. The growth and the volume of activity has also increased the chances of winning by a lot which was once unimagined by the bettors world wide.
Though on line betting is not without its thrill and enjoyment, one has to keep in the mind the need to square off the investment for the show to continue. Barring a few elite who can afford to ignore the returns, the majority logs on to the sports book to make a few bucks by trying his or her luck. In the final analysis, the wise is he who takes care of his hard earned money while betting on sports on line, without losing the thrill and the spirit of his favorite sport. This is definitely not the pure gambler who chases a big fortune always at the cost of a thrilling bet or the one who forgets his purse during the course of an aggressive bet.