Sports Betting

Sports betting is the general activity of predicting sports results by making a wager on the outcome of a sporting event.

Aside from simple wagers–betting a friend that one’s favorite baseball team will win its division, for instance, or buying a football “square” for the Super Bowl–sports betting is commonly done through a bookmaker. Bookmakers generally offer two types of wagers on the winner of a sporting event: a straight-up or money line bet, or a point spread wager. Moneylines and straight-up prices are used to set odds on sports such as soccer, baseball and hockey (the scoring nature of which renders point spreads impractical) as well as individual vs. individual matches, like boxing.

Sports Betting

Milestones in the History of Intelligence – Oradea as a Nodal Centre on the Regional Geopolitical Axis in the Security Equation

The East European region has always created a space of interaction between the great powers of the Eastern and Western Europe of the different epochs in European history. Not just a contact and an interaction region between Europe, Asia and … Read More

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Closed Economies, Autarchy – Failure and Economic Disaster

Autarchy is an economic system in which the state refuses any commercial connection with the outside, solely relying on its own resources. In an autarchic economy, the state does not participate in the international economic life, is not part of any regional and/or global economic organization and does not export or import goods. The characteristics of a closed, autarchic economy are: 1). the state does not take into account the progress of the world economy, 2). the state lacks involvement in the international economy, 3). economic independence is pursued by drastically reducing or canceling imports and exports, 4). the state solely relies on its own resources. This economic system can lead to: a). a pronounced economic decline, due to the impossibility of the state to provide the necessary goods and services for the population’s livelihood, b). a decrease in national incomes, considerable decrease in GDP, c). an increase in the state’s access to domestic natural resources, which in turn leads to an increased chance of their depletion, d). social instability.

CUNOAȘTEREA ȘTIINȚIFICĂ, Volumul 1, Numărul 2, Decembrie 2022, pp. 46-51
ISSN 2821 – 8086, ISSN – L 2821 – 8086, DOI: 10.58679/CS50603

Closed Economies, Autarchy – Failure and Economic Disaster