The interesting narrative of football betting’s evolution has taken place over a hundred-year period. In this post, I will examine how football betting changed over time, from its inception to the present and the future.
Technology has elevated football betting to a completely new level. Starting from a dubious past to a fantastic present, we seem to be heading towards a grey future. These days, you may place a wager anywhere, at any time, by just pressing a button on your smartphone.
The beginning of soccer betting
The history of wagering on soccer began in 1923. Football bettors at the time placed wagers on twelve games and were awarded points depending on their predictions for the outcome. It resembles a lottery ticket where you must guess the match result in a win-draw-lose fashion.
Football betting took some time to become more firmly established by businesses that were involved in the industry at the time. Gamblers were more drawn to wagering on dog or horse races, which generated a lot of interest and were governed by underground laws.
Sports betting was nonetheless frowned upon at the time. For instance, land-based bookies had to have their windows tinted to prevent outside visibility. This prevented gambling operators from attempting to draw in new clients using advertising. However, the legislation was loosened in the late 1980s, following huge pressure from the gambling industry.
It has even been feasible to put televisions in street shop betting agencies to broadcast live matches since 1986. The offer was still rather limited, mostly to televised contests. Additionally, it was not yet available to gamble on only one event per ticket. A soccer bet then required at least two events to be considered legitimate.
The 1990s soccer betting boom
As new TV channels could broadcast more live matches thanks to technical advancements, sports betting began to pick up steam in the 1990s. The…
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Author : Stefan Budur
Publish date : 2024-03-21 09:03:30
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