Since when did sports betting start to appear?
From ice age to online betting
"Who will kill the next mammoth" - people predicted back in the ice age. The fascination of people to make predictions has not changed to this day, and this is one of the reasons why sports betting at the bookmaker football odds calculator is so popular. On its millennial journey in the field of sports betting, exciting events have occurred that not only surprised me.
Since when did sports betting start to appear?
In addition to the competitions of antiquity, the bookmaker business originated in England at the end of the 19th century. Equestrian betting providers such as Ladbrokes, Coral or William Hill in the early 20th century are considered pioneers and have continued to this day. At that time, bets were placed on the site - which, for example, is still a common occurrence in bookmakers.
The next step in development was telephone betting, which for the first time did not require the physical presence of analysts. After the betting account was funded by bank transfer, the tipster could call the supplier, give his customer number and place the desired bets.
Telephone rates existed both in England and Austria, from where another form originates - letter rates. In magazines, bookmakers like Sports Betting Wien West inserted a sort of betting table into it, which they then filled out and sent along with the money.
In 1997, when the Internet was still a whole new territory for the masses, Interwetten started out with online betting, which later sparked a boom due to progressive digitization. Online betting providers in Europe have long outstripped purely stationary bookmakers and are likely to dominate the market for years to come.
Questions and answers about the history of sports betting
Where did your first sports betting come from?
Historical evidence can be found in antiquity and the old Olympics, where sports were relied upon. Also at the gladiatorial fights in Ancient Rome, which were watched by the general public, the audience gave their advice about the favorite.
In the Middle Ages, bets were considered sinful, so the winner of the knightly games was predicted only secretly. Only in the 19th century, with the increase in the number of horse racing, betting returned to fashion and led to the creation of the first real bookmaker's office.
Who are the oldest bookmakers?
Ladbrokes has the greatest tradition of bookmakers still in operation since it was founded in 1886. It is no coincidence that all the oldest bookmakers are from England, because it was there that the cornerstone of sports betting was laid.
How has sports betting changed?
At first, it was possible to bet only on the winner of a sports competition, and later on 1X2, but now sports betting offers many options. From high / low tips, handicaps and bombers to real-time bets - so-called live bets.
You no longer need to go to the bookmaker's office or have access to a computer to place bets, as more and more providers offer mobile typing.