Revision 331787978 of "Bettor" on enwiki

{{Wikify|date=December 2009}}

==Definition==

'''Bettor''' is a person, who makes bets based on particular information<ref>information</ref> or feeling on sporting or other event in order of gaining financial 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.

=== ''Winning Vs. Losing bettors'' ===

A winning bettor is one who is on the winning side for a long period of time. Losing bettors should be around 95% of the people involved in betting, although there are not precise statistics on the matter. 

=== ''Long-term Vs. Short-term bettors'' ===
Long term bettors prefer markets that develop throughout a long period of time (e.g. who will win English Premiership; who will get relegated from Series A). 
Short-term bettors focus their attention on every single event in the betting pool.

==Synonyms and related terms==

'''Gambler, Punter, Wagerer'''

==Betting from a historical point of view==

•	Paintings on the walls of Egyptian tombs dating back to 3500 B.C. depict men in games with astragali-ankle bones of sheep or deer that were used as dice. Evidence of dishonesty in gambling and social problems related to habitual gamblers is almost as old as the activity itself. ‘Loaded’ bones (dice) have been found in Egyptian tombs, and there is evidence that the Egyptians attempted to control compulsive gambling. 

•	Three hundred years before Christ was born the bettor was classified by Aristotle with the thief and laws were enacted in pagan Greece and Rome for suppression.

==Interesting facts==

•	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 that 300 000 who drain staggering 60 000 bottles of champagne. Be aware that alcohol consumption and being a successful bettor has not been statistically proved yet.

==Legality==
 
The profession “bettor” is still not recognized by the Internation 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]]