Betting is expressing one's opinion in terms of money put at risk and expected to make profits. This is why it is more serious than the lengthy arguing of politologists and other folks on the TV screen about the outcome of a complex situation as long as they do not put in their stake.

Still, betting is also a play or - for the professionals - work with uncertainties. Whether we win or lose, depends greatly on the techniques and sources of information we use.

In general, betting is more than just prediction, though - for successful bettors - prediction or the calculation of risks is the core of betting.