Sports Betting - Past and Present, a Curious History

You Bet Your Life!Estimates on winnings in the 1983-84 sports season
Historical records revel that a team sport calledalone amounted to over $5,000,000. Records show
Pok-A-Tok has been around since 3000 BC.that the group won and amazing 60.3%of its football
Archeologists discovered a playing court in Centralgame wagers in 1983. All in all, during a 5 year run, the
America that dates back to 1600 BC. The game wasgroup's performance topped over $13.9 million.
first played by the Mayans around 250 B.C. and thenAt the heart of this was a man who was one of the
the Aztecs around 1200 A.D. The Spanishfirst to adopt the use of computers to calculate the
Conquistadors found evidence of this in 1590.odds of sports team match ups. Michael Kent, a
The playing field was similar to the modern football fieldmathematician who had helped develop nuclear
and was designed with arrangements for seating insubmarines for Westinghouse, spent years studying
elevated bleachers on either side of its 80 metergame results starting with his own softball team. Based
length. The goal posts were located along the length ofupon his study of different odds, point spreads and
the field rather than at each end. Goal posts originallysports games, he developed algorithms that provided
consisted of 3 round "markers" or rings mounted highpredictions as to the final scores and outcomes. At the
above the playing field. The object of the game washeart of his theory was a book called "Theory of
to pass a round rubber ball through the ring using onlyGambling and Statistical Logic" by Richard A. Epstein.
the player's elbows, knees and hips.His formula encompassed many different components
There is no direct evidence, but one theory that hassuch as first downs, home field advantage, schedules,
persisted is that the game was played for bothhome court advantage and every other aspect of the
recreation and to settle disputes. In the later case, thegame that could be quantified.
captain of the losing team would be beheaded as partThe full story is much more robust including those who
of the victor's spoils and as a sacrifice to the Gods.helped him place and collect the bets, bookies, family
Other theories exist portray warriors captured in battlemembers, beards, obsessed FBI agents, and a cast of
sent into the ball courts for their final combat, asthousands on the bet-making side of the business. Full
gladiators.of deception, intrigue, mile high success and bottom of
The Computer Age and sports bettingthe basement failure, this group rode as high as it gets
Perhaps the most fascinating sports betting storyin the world of sports betting until 19 men and women
involves a loose association formed in 1980 called thefaced 120 counts of conspiracy, gambling and
Computer Group. The Group had tentacles reachingracketeering in a Nevada court room.
out into the Mob, Computer Geekland, hi powered TVQuite a story. Look it up if you want to know the gritty
executives, a respected, orthopedic surgeon and adetails. Better yet, wait until it comes to a theater near
national network of over 1000 associates. To attemptyou. I am sure that it will.
to condense the mammoth story would do it injustice.Factoid-In 1925 a Scotsman named Arthur Ferguson
Rather, it makes for more of a relative story tosold Big Ben for 1,000 pounds and Buckingham Palace
concentrate on the wagering and its origin.twice for 2,000 pounds to American tourists and
Between 1983 and 1985, this group had incrediblenearly sold the White House to a Texan for $100,000
influence over the American sports betting audience.yr.