Sports Gambling Could Put Money in States' Coffers Laws against betting on sports have done little to curb the practice, and forcing sports gambling underground has a high cost: no taxes are paid on the bets. Sports betting - Wikipedia Sports betting is the activity of predicting sports results and placing a wager on the outcome. The frequency of sports bet upon varies by culture, with the vast majority of bets being placed on association football, American football, …
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After quite a lot of research however I found that is was possible to make money from sports betting if approached correct. Daily25 is a great blog showing how an Aussie attempts to make $250 a day from sports betting, its a blog with lots of useful information.
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