| Introduction: | | | | - it is estimated that sports betting is 63 billion dollar |
| Sports betting is a from of gambling, which has a long | | | | industry in US and almost 100 billion world wide., ith |
| and colorful history in many countries of the world. It's | | | | Nevada itself contributing 2 billion dollars. |
| not exaggerated to say that every person have | | | | - Americans bets on a sporting event at least once a |
| gambled at-least once in their life! Gambling is more a | | | | year and 15% of US population bets on sports |
| human instincts to me as its a kind of risk taking | | | | regulerly. |
| exercise human beings loves to do. perhaps thats the | | | | - with the birth of internet and its rapid growth has |
| reason that human race has survived for so long and | | | | contributed super fast development of sports betting, |
| at the top of food chain. in this article we have tried to | | | | the scene has now quickly shifted with lots of online |
| summarize the long history of sports betting. it is very | | | | casinos and sports books available to bet. |
| important to note that the author of the article does | | | | - Betting of NBA, NFl has become very common |
| not support or endorse any form of gambling including | | | | thanks to smart softwares and online sports lines. |
| sports betting. | | | | - Present era of sports gambling has also seen lots of |
| Past: | | | | grey technics such as identity theft, credit card fraud |
| - Betting as such and sports betting are as old as | | | | and black market money in the business. |
| history of mankind. the famous Hindu epic of | | | | - The major development in recent time is systems or |
| Mahabharata describes the historical between | | | | statical softwares to help you to win most of your |
| Kauravas and Pandavas, which subsequently resulted | | | | bets. this sports betting system has sparked interest |
| in Great war of Mahabharata. | | | | among those people who dont have any experience in |
| - Ancient egyptian, mayan and other civilizations has | | | | online betting. with the help of betting system they can |
| documented evidences of betting and gambling. | | | | confidently bet and win! |
| - Betting on cork fights, dog fights and subsequently | | | | - Many online casinos offers free training and |
| horse racing were early form of betting on sports. | | | | resources for people to learn techniques of sports |
| - World famous greek gladiator fights and bull fighting | | | | betting. |
| of spain has betting involved to some extent. | | | | Future: |
| - History of gambling and betting on various sports in | | | | - Like any other trade or business sports betting is |
| US is as old vas inception of USA. | | | | surely going to stay for the very long time. |
| - The arrival of gambling and sport betting from | | | | - There are many new methods and system coming |
| Europe with colonization of US is noted in many history | | | | in near future which claims to revolutionize the way |
| books. It was not only considered form of making | | | | betting is done now |
| money but also entertainment and leisure. | | | | - Recently a new market of peer to peer betting has |
| - Early 19th century has seen most of the horse race | | | | emerged and betting exchanges will be common in |
| betting, which became very popular in 1930s. | | | | near future. |
| - In late 1800 betting on professional baseball strated | | | | - The success story of has inspired dozens of |
| and the system of odd developed, however 1920s | | | | entrepreneurial online betting exchanges. |
| considered as golden era of sports betting. | | | | - Technological progress will take betting online to a |
| - Great depression has played major role in lots of | | | | new level in next few years. |
| people turing towards some from of gambling to ear | | | | - there will lots of development in terms of bet |
| their livelihood. | | | | prediction softwares and systems. |
| - However in late 1940s most of the states in US has | | | | - John Morrison haas given so far the best sports |
| banned any form of betting and gambling. | | | | betting system which claim to win 97% of betts. |
| - Rise and growth of many criminal organization and | | | | - Exponential growth in online sports betting will also |
| gangs across US has also contributed played pivotal | | | | see new tougher and more restrictive betting |
| role in the development of dark side of betting. | | | | regulations all over the world. |
| Chicago has become centre of all gang activities | | | | - Match fixing will be more common, and modern |
| related to Betting. | | | | technologies will be used by both the parties to have |
| - In 1974 US has seen a major shift as US | | | | edge over one another. |
| government has lifted 10% sports tax on sports | | | | Conclusion: |
| wagers. | | | | - Sports betting is here to stay, near future will |
| - In 1976, Bookie Frank Rosenthal developed a system | | | | massive expansion in this already 100 billion dollar |
| which became basis of future sports book. | | | | industry. It is not exaggerated to say with the smart |
| - Present: | | | | systems and global economy's growth more money |
| - Fortunately the current regularized status of sports | | | | will come to market and many people will make living |
| betting has come along way and still it attracts millions | | | | from sports betting. However this will also have |
| of people worldwide to this exciting, challenging form of | | | | negative impact on the society in terms of |
| earning quick cash. | | | | socio-ecnomic problems of gambling. However the |
| - Delaware, Nevada and Oregon state has allowed | | | | future look bright of this ancient tradition. |
| any kind of betting legally. | | | | |