Betting is a part of human culture that goes back thousands of years to some of the very earliest human civilizations. Men in Egypt four thousand years ago were betting on camel races and games that have been lost to the annals of history. There is a reason that betting has been around since the start of human civilization and why it will remain that way in perpetuity; it is immensely fun. Making a wager is a competition where the outcome has a real benefit for the winner and a real penalty for the loser. Typically, this is money although it does not have to be. Predicting the outcome of an event that has yet to happen adds the enjoyment and thrill of feeling like one is able to predict the future. Being able to assert your knowledge over that of others and get money as a result is too good a proposition to pass up.

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