The Wonderfully Profitable Globe of Online Betting7479046
On-line sports betting is fast becoming one of the biggest industries online and it is not difficult to see why. Betting on-line is quick, simple and provides a lot much more markets than traditional high street betting shops. Way back in 1996, when the internet was just a baby, there was only 30 or so websites that allowed customers to place bets on something from blackjack to soccer. Even in its infancy then the gambling business was raking in a huge $17million from on-line revenue. By the turn of the Millennium this had risen exponentially to more than $3billion and by 2003 this had doubled to more than $6billion in just the US.
When you look at the annual turnover of worldwide on-line betting it is an absolutely astonishing quantity of money. According to the gambling board of Fantastic Britain the worldwide turnover in 2001 for all gambling was £638billion with £21billion of this becoming wagered on-line. Online sports betting got a £9billion slice of this.
With huge amounts of money to be made, it is no wonder that all the major bookers quickly flocked to the internet to get in on the action. As nicely as the nicely recognized brands, specialist sites started to spring up everywhere. These websites had no real globe presence and were designed purely to capture the growing number of punters looking to location there bets with a click of a mouse. Today there is nicely over 50,000 sites all searching take your bets. It is hardly surprising there are so numerous websites as the On-line Gambling Research and Markets Group predicts that by 2015, the turnover in the online betting globe will reach at least $125billion.
So, with the numbers increasing ever greater it is clear betting online becomes much more and much more popular everyday. For the majority of people, putting bets on-line tends to make their sport more exciting and they might even earn the odd bit of cash with the right method. But it seems if you want to make the big bucks, you are going to have to turn out to be a bookmaker.