Medusa

History and Evolution Of Sports Betting

<p style&equals;"text-align&colon; justify&semi;">Sports’ betting has been around for many years and is known to be the oldest form of gambling present today&period; It has grown to a multi-billion dollar business from just being a past time activity&period; Today we will explore the origins and history of sports betting briefly&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;"><img class&equals;"aligncenter wp-image-14429 size-Correct" src&equals;"https&colon;&sol;&sol;medusamagazine&period;com&sol;wp-content&sol;uploads&sol;2016&sol;01&sol;football-600x399&period;jpg" alt&equals;"History and Evolution Of Sports Betting" width&equals;"600" height&equals;"399" &sol;><&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;"><strong>Sports Betting&colon; A Brief History<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify&semi;">The credit of recorded betting events goes to Greeks&comma; who organized the first 2 betting events&comma; 2&comma;000 years ago&period; In fact&comma; Greeks were popularly known as sports lovers around the world and sporting occasions such as Corinthian&comma; Olympics and Delphic games&comma; provided an excellent sports betting opportunity to them&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">This Greek habit was soon turned into a real business by the Romans&comma; with gladiator games becoming a popular betting activity ground&period; After the end of Roman era&comma; it was adopted by the medieval European Kingdoms&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Different European rulers tried to culminate sports betting&comma; but despite all the different measures they adopted&comma; it remained a popular underground activity&period; Even though it was well-liked all around Europe&comma; it was more admired in England&comma; with people actively betting on the race horses&period; It was also introduced to the United States by the English Colonists&comma; where it became a favorite to many&comma; spreading quickly over all the States&period; In fact&comma; a few of the US states had also made sports betting legal&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">From horseracing&comma; it has spread to the other popular sports games such as baseball&comma; football&comma; tennis and cricket&period; Many historic events have been recorded in each of these games&comma; raising the future of the games in the eyes of the concerned sports authority and its fans&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;"><strong>Damage of the Black Sox Scandal<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Infamous Black Sox scandal in 1919 is one such event in the history of baseball sport that gave a controversial status to the gamblers in the public eye&period; The gamblers bribed 8 Chicago White Sox players for throwing the World Baseball Series&period; As a result&comma; the players were banned for life&comma; making it a crime to practice sports betting on baseball and other similar games in the gaming industry&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;"><strong>College Sports Betting<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Popularity of the college football and basketball in the 20<sup>th<&sol;sup> century caused an overall increase in the sports betting&period; The odds of a game were placed heavily in favor of bookmarks&comma; eventually offering high profits&period; This made the college athletics to become a popular source of the betting industry&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;"><strong>Legalized Gambling in Las Vegas<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Legalization of gambling in Las Vegas in 1931 further strengthened the prospect of sports betting industry&period; All the major casinos today have their own sports book&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;"><strong>Betting on Online Sports<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Sports betting industry has also made inroads to games played over the internet&period; There are a wide number of online sports betting websites that compete for your business&comma; and offer bonuses and promotions to new members&period; Internet has made it really easy for the potential bettors to place bets from the comfort and safety of their home&period; Furthermore&comma; there is always an option to gamble online by playing at the online gambling casinos&period;<&sol;p>&NewLine;

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