Belle Abernathy asked 2 weeks ago
Online sports betting is fast becoming among the biggest industries online and it’s not tough to see why. Betting online is quick, easy and offers a lot more markets than traditional high street betting shops. Way back in 1996, when the internet was just a baby, there was only 30 or so sites that allowed users to place bets on everything from blackjack to soccer. Even in its infancy then the gambling industry was raking in a massive $17million from online revenue. Through the turn of the Millennium this had risen exponentially to over $3billion and by 2003 this had doubled to more than $6billion in only the us.
When you look at the annual turnover of worldwide online betting it is an absolutely astonishing amount. As outlined by the gambling board of great online football Britain the worldwide turnover in 2001 for all gambling was Ł638billion with Ł21billion of this being wagered online. Online sports betting got a Ł9billion slice of this.
With huge amounts of money to be made, it is not surprising that all of the major bookers quickly flocked to the internet to get in on the action. As well as the well known brands, specialist sites began to spring up everywhere. These sites had no real life presence and were designed purely to capture the growing number of punters looking to place there bets with a click of a mouse. Today there is in excess of 50,000 sites all looking take your bets. It is hardly surprising you will discover a lot of sites as the on-line Gambling Research and Markets Group predicts that by 2015, the turnover in the online betting world will reach at least $125billion.
Therefore, with the numbers rising ever higher it is clear betting online becomes a lot more popular everyday. For the majority of people, placing bets online makes their sport more exciting and they may even earn the odd bit of money with the correct technique. But it seems if you want to make the big bucks, you are going to have to become a bookmaker.