The Wonderfully Lucrative World of On-line Betting9129732

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On-line sports betting is fast becoming 1 of the greatest industries on-line and it is not difficult to see why. Betting on-line is quick, easy and provides a lot more markets than conventional high street betting shops. Way back in 1996, when the web was just a infant, there was only 30 or so sites that allowed users to place bets on anything 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 over $3billion and by 2003 this had doubled to much 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 Great Britain the worldwide turnover in 2001 for all gambling was £638billion with £21billion of this becoming wagered on-line. On-line sports betting got a £9billion slice of this.

With huge amounts of money to be made, it is no wonder that all the significant bookers rapidly flocked to the web to get in on the action. As nicely as the well recognized brands, specialist sites started to spring up everywhere. These sites had no real world presence and had been designed purely to capture the expanding number of punters searching to place there bets with a click of a mouse. Today there is nicely over 50,000 websites all searching take your bets. It is hardly surprising there are so numerous sites as the On-line Gambling Research and Markets Group predicts that by 2015, the turnover in the online betting world will reach at least $125billion.

So, with the numbers rising ever higher it is clear betting online becomes much more and much more popular everyday. For the majority of individuals, putting bets online makes their sport more thrilling and they might even earn the odd bit of money with the right method. But it appears if you want to make the large bucks, you are going to have to turn out to be a bookmaker.