So far as concerns those tangible psychological features with which economic theory has to deal, the gambling spirit which pervades the sporting element shades off by insensible gradations into that frame of mind which finds gratification in devout observances.
As seen from the point of view of economic theory, the sporting character shades off into the character of a religious devotee.

Where the betting man's animistic sense is helped out by a somewhat consistent tradition, it has developed into a more or less articulate belief in a preternatural or hyperphysical agency, with something of an anthropomorphic content.

And where this is the case, there is commonly a perceptible inclination to make terms with the preternatural agency by some approved method of approach and conciliation.

This element of propitiation and cajoling has much in common with the crasser forms of worship--if not in historical derivation, at least in actual psychological content.

It obviously shades off in unbroken continuity into what is recognized as superstitious practice and belief, and so asserts its claim to kinship with the grosser anthropomorphic cults.
The sporting or gambling temperament, then, comprises some of the substantial psychological elements that go to make a believer in creeds and an observer of devout forms, the chief point of coincidence being the belief in an inscrutable propensity or a preternatural interposition in the sequence of events.