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Bingo Cards, A third type of funny-money sports betting is the sports handicapping contest. Participants of such contests forecast the outcome of sporting events, as they would use an online sports book. Their accuracy is rated against other participants, and the player with the best rating at the end of the session is crowned the champion. Sometimes participants of handicapping contests are required to bet on specific games, and other times they’re allowed to choose which matches they play. Participants of some contests are given funny-money bankrolls with which they can select which games to play and how much to bet. The winner is the player with the largest bankroll at the end of the session. You might be more familiar with the popular, household version of the handicapping contest -commonly known as the office pool- in which a group of proud prognosticators donate fixed amount of money to a “pool”. The pool is taken home by the person who wins the contest, although sometimes the organizer of the contest takes a percentage of the pot, as well (just as a professional sports betting service would). Sports pools, like everything else on this planet, can be found on the Internet.

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