Taking a Gamble on Illegal Betting


As the English Premier League season starts, punters play the odds despite the country's ban on wagers - and millions are taking the risk.
... But for some, such arcane methodologies are not that different to how odds are assessed in the West, and not just by small-time gamblers. Reuven Brenner, a professor at McGill University in Canada - who co-authored A World of Chance: Betting on Religion, Games, Wall Street, a respected book on the historic precursor role of gambling in mainstream business and finance - said that astrology has long been a crutch for Western finance professionals. ''Even now you walk on Wall Street, you see storefronts with astrologers and palm readers,'' he said.


Read full article: Bangkok Post, September 8, 2013