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How and When Football Betting has Started?


Sport betting is a form of gambling involving prediction of results of a given sport activity, and standing the chance to win cash. Gambling involves placing money wagers on events whose outcome are unknown and totally uncertain. The major elements of gambling are consideration, chance and prize. The prize is mostly in the form of money, but other materials of value might be used. The history of gambling dates back to the ancient times of 6000 B.C. It has grown in many forms today, with “Football Betting” rising to be the most preferred game, surpassing horse racing in most parts of the world. Today, online gambling and betting is common. Online betting does not involve wagers, but done by online bookmakers.


When gambling started in those ancient times, it was considered a sin and immoral and therefore was illegalized in most countries. Its practice could land someone in prison. It was practiced mainly by the rich from high social classes. With the advent of the 17th century, many countries started viewing it as a vice. It was accepted grudgingly, and isolated to certain geographical areas. Like in the United States of America, gambling was only allowed in the city of Nevada. In Britain, a gambling regulatory authority was set up to foresee its practice. Rules that governed the practice of gambling were formulated and enforced by these authorities. Gambling is still associated with the rich or above middle-class, though it started drawing interest from those of the middle-class.


By mid-18th century, gambling had become widespread and wasby then an exciting and entertainment activity. It was part of leisure, drawing entertainment from a majority of people. It was slowly being seen as a positive and moral virtue. The 21st century saw the debut of online gambling, where participants sign up for the bet. Online betting has also grown and can be downloaded even in cell phones. With the current digital migration, various gambling television markets are being introduced especially in the United Kingdom. Many investors are now fighting to set up gambling television markets. It will prove to be a large income generating activity in the coming years. Several websites dealing with gambling have been designed, some independent while others are even government-sponsored. Operating an online gambling site is though still not legalized in Canada. Online football betting is the most common form of sports betting practiced all around the world.


Online gambling has made the gambling activity easily accessible to many people. Anyone can access the gambling sites from any part of the world. One limitation is that there is a lot of cheating involved in the gaming sites. All through the years, every country has accepted gambling in certain forms. There is no part of the society where gambling is not practiced, in whatever form. It is still not common in third world countries, with many countries illegalizing its practice. Gambling is proving a popular activity, and there is no doubt it will continue to grow as many people accept it as an entertaining activity; especially with the advent of online betting.

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