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Bettor
A '''Bettor''' is a person who makes [[Gambling|bets]] based on particular information,<ref>information</ref>, or [[feeling]], on sporting or other events in the hope of gaining financial [[Profit (accounting)|profit]].

==Types of bettors==
=== ''Low Vs. High-stake bettors'' ===

Low-stake bettors prefer to [[gamble]] safely. The common reason depicting this type of bettors is “My stake is so small I do not care if I lose”. High-stake bettors usually bet on a single [[event]]. High stake players are usually “[[macho]]” types, as they undervalue the risk of high potential losses.

(contracted; show full)
•	In eighteenth-century English gambling dens, there was an employee whose only job was to swallow the [[dice]] if there were a police raid.

•	The most famous horse betting  event is the Royal Ascot Meeting in UK. Every year it is attended by more than 300 000, who drain a staggering 60 000 bottles of champagne.

==Legality==
 
The profession “bettor” is still not recognized by the International Labour Organization
.<ref>Organization</ref>. However, in most countries it is absolutely legal to be a bettor. Of course, there are some exceptions like [[Taiwan]], for example, where the fine is up to 5 years imprisonment for betting on [[sports]].

==Bettor related films==

•	'[[Eight Men Out]]' (1988) – a true story about 8 baseball players from Chicago White Sox, who were bribed by a mob to lose the series;

•	'[[Owning Mahowny]]' (2003) - based on a true story about Brian Moloney, who stole $ 10 million to feed his addiction to bets;

•	'[[Revolver]]' – the story of an ex-prisoner, who ruins the life of a casino owner. The film gives valuable psychological aspects of the successful bettor.

==The Psychological aspect of an online bettor==
 
Internet bettors are the same as all regular Internet users – educated and young. This profile is similar to the one of the problem bettors. Still they differ in the characteristics good education and affluent [[income]]. A survey in Finland has shown that all the problem bettors were mainly males, and the problem internet bettors were all males.

==References==
{{Reflist}}
* [http://www.infobettor.com/]: The Case of Football Betting: Being Informed Versus Being Lucky
* [http://www.ilo.org/]: Resolution concerning the revision of the International Standard Classification of Occupations, adopted by the Fourteenth International Conference of Labour Statisticians (October–November 1987)

[[Category:Gambling terminology]]