Sports betting

 

 

All about sports betting: history, main types of betting and features of betting

Betting on sports is an activity that is as old as the world. The first bets were placed by the ancient Hellenes on the winners of the Olympic Games. The Romans also enjoyed sports betting – gladiatorial fights were popular then.

Many enjoyed the spectacle and the chance to get rich at the same time. Or lose everything, depending on your luck. In those early days, there were no bookmakers, and guests of the bloody spectacles bet directly.

 

Sports betting history

The first betting shops appeared much later. It happened in Great Britain. An enterprising William Ogden, who organised betting on horse racing, contributed to that.

Thus, the betting business started in 1790, when Ogden developed his betting system. The Englishman’s business was continued by L. Davis together with F. Swindell.  They became the first businessmen to open a real sports betting company. In addition, Davies and Swindell became the first bookmakers – they also offered predictions on sporting events.

Three decades passed and bookmaking spread to European countries, and shops began to open in the US as well. The way betting shops operate has not changed since then. Like now, bookmakers made their profits on margin. By the way, state governments were very attentive to betting.

 

Types of sports betting

The modern stage in the development of betting is online sports betting, which can be conducted with the help of gadgets from anywhere in the world where there is internet and access to the BK. Apart from betting, betting is also popular nowadays due to the ban on casinos in some countries. Online betting in sports betting refers to a consolidated list of 13 to 15 events in which the player has to guess the maximum number of outcomes.

  • Outcome betting
  • Total betting
  • Handicap

Still, anything can happen in sport, especially since the introduction of the VAR (“video assistant referee”) system. Goals can be cancelled one after the other – as evidenced by regular matches involving Italian Sassuolo, who sometimes get up to 3-4 goals cancelled per game for reasons of millimetre offside.

 

Features of betting on different sports

The most popular betting today is on team sports – football, hockey and basketball. Tennis is also popular, as well as cyber sports. Let us have a look at the features of betting on the most popular sports:

Football

In order to make winning bets, it is important to study statistics in detail and know the latest football news. Football betting can be the most profitable betting on sports, but to do so, you must not miss the key points of the upcoming event. For beginners, it is important to select one or two leagues and study them in as much detail as possible.

Hockey

Here, just like in football, it is important to know the peculiarities of the upcoming event. Analytics is very important for successful betting. It is also important to watch the dynamics of the game to make successful bets in live betting.

Basketball

In this sport all sorts of strategies are often used, most of them related to the total of teams. The total here is counted in points, and the game is divided into quarters. This also gives room for different betting strategies – for example, within one or more quarters.

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