Online sports betting is fast becoming one of the biggest industries online and it’s not tough to see why. Betting online is quick, easy and offers a whole lot more markets than traditional high street betting shops. Long ago in 1996, when the internet was just an infant, there was only 30 or so sites that allowed users to place bets on anything from blackjack to soccer. Even in its infancy then the gambling industry was raking in a huge $17million from online revenue. By 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 yearly turnover of worldwide online betting it is an absolutely astonishing sum of cash. In line with the gambling board of Great Britain the worldwide turnover in 2001 for all gambling was Ł638billion with Ł21billion of this being wagered online. excellent online football casino sports betting got a Ł9billion slice of this.
With huge quantities of money to be made, it really is no wonder that all of the major bookers quickly flocked to the web to get in on the action. And 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 range of punters looking to place there bets with a click of a mouse. Today there is more than 50,000 sites all looking take your bets. It is hardly surprising you can find numerous sites as the internet Gambling Research and Markets Group predicts that by 2015, the turnover within the online betting world will reach at least $125billion.
For this reason, with the numbers rising ever higher it’s 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 right technique. But it seems if you want to make the big bucks, you are going to have to be a bookmaker.