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Introduction The earliest reference I have discovered to betting on the outcome of football matches reveals that the Royal Engineers were installed as 47 favourite to win the very first FA Cup final played at the Kennington Oval on 16 March 1872 By 1877 betting on football had already become an accepted practice Graham 1997 We can see that gambling in football is not a new practice in modern world As we all know that Hong Kong was the colony of Britain for 99 years Britain government introduced their moral standards and made use on the policy-making in Hong Kong First we can focus on those regulations about the gambling in Hong Kong we can see that mahjong and horse races and the lottery were legalized for a certain year This kind of regulations promotes the gambling to the public gambling finally immerse to the life of Hong Kong people In recent years gambling in football is widely spread throughout Europe so are Japan and Singapore This phenomenon shows that gambling in football is increasing all around the world Those people who would like to gamble will want to take part in it but there is no material for them to link with those betting shops or organizations the only way is that they would try to take a risk to bet it illegally Hong Kong government found out that there should be a series of problems together with illegal football gambling for example taxes from legal gambling decreased Therefore the government decided to legalize football gambling the enquiry statements were posted in March 2001 asking for the debate on these problems Literature Review Definition of gambling Placing something of value at risk in order to win a prize of value if a chance event or an event determined in part by chance occurs requiring consideration chance prize William NThompson Beyond the economic stresses there are social stresses involved
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