Swag Essay

531 WordsMay 1, 20123 Pages
Advantages and Disadvantages of Football Betting Betting on football has its charm and many people make a living out of it. While having a lot of advantages, betting on football games hides some significant risks as well. Some people may also be addicted to this activity and could not stop repeating this habit. Now I would like to discuss the main pros and cons of football betting. Surprisingly there are advantages in football betting too. Some people might think that football betting is illegal and wrong, but there is always a plus side. For instance the winnings of your bets can be 100% tax free if you use the spread betting system. Otherwise you will have to pay Capital Gains Tax. Another advantage is that it is a low and easy invesment. You can gain a fortune if you place the correct bets on a single game. So the bottom line is that you get a 100% of your bet with just a minimum investment. Betting can save the broker's commissions. In most cases betting on football games using the spread betting system, it can save you the broker's commissions. Free betting on football is often available especially online. This is a convinient way to learn and get accustomed to betting if you are new to this betting system. Ofcause there is always a disadvantages of football betting. A serious disadvantage of betting on football matches is that you can easily spend more of your money than you can afford. Many people make this mistake simply because they didn't do the calculations right, or they hope to win and put all their money on a single bet, or just maybe they where hoping to win back their previous losses and increase their initial bet on another game. It is of utmost importance to know that in some occasions you can lose more than your initial bet. Betting on football as well as on any other game is a time consuming task. To make yourself successful you need

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