The history of sports betting
January 19, 2021 7:57 am
Sports remains to be one of the most timeless activities in human history. From the early days, people congregated to watch horse races, athletics and other activities.
The human love for sports gave birth to renown events such as the Olympics, the earliest recorded sports congregation.
These sports competitions grew sports betting; an activity that involves the prediction of sports competition results, placing a wager on the outcome and later gifting the wager to the winning bid.
Unknown to many, the first recorded instances of sports gambling happened more than 2,000 years ago with the Greek people. From the Greeks, the art of sports betting grew to the Romans and finally to other kingdoms. Sports betting became popular in the United Kingdom in early 1800 and took place mostly on horse races.
Although the activity has been going on for this long period, countless rules have been set to legalise while others are meant to stop the activities.
Staged by religious leaders and other groups, bills were proposed to cease sport betting activities. Whether a question of morals or economic justification, sports betting has beaten the odds and rises to be a prevalent activity over the years. Additionally, the activities have been legalised in many countries globally.
As technology advances, so does all the social activities that work to remain relevant with the time changes. In the beginning, sports betting was a simple task, where both parties sat and agreed on the wager.
Once the game is over, the winner takes the jackpot. However, with the changes in time, beating hs become more complex. Sports betting has been accommodated in the cyberspace. Agencies have risen to facilitate these activities.
Brokers and go-betweens have also risen to claim their position in the charts. With global sports activities such as World cup, FI, Olympics and other sports activities, sports betting grows bigger.
