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Online sports betting is fast becoming among the biggest industries online and it is not hard to see why. Betting online is quick, easy and offers a whole lot more markets than traditional high street betting shops. Way back in 1996, in the event the internet was just a baby, 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 industry was raking in a tremendous $17million from online revenue. Through the turn of the Millennium this had risen exponentially to in excess of $3billion and also by 2003 this had doubled to more than $6billion in just the us.
Whenever you look at the total annual turnover of worldwide online betting it’s an absolutely astonishing amount of cash. Based on the gambling board of great online football gambling agent Britain the worldwide turnover in 2001 for all gambling was Ł638billion with Ł21billion of this being wagered online. Online sports betting got a Ł9billion slice of this.
With huge amounts of money to be made, it is no surprise that all the major bookers quickly flocked to the net to get in on the action. And also the well-known brands, specialist sites began to spring up everywhere. These sites had no real life presence and were designed purely to capture the growing number of punters looking to place there bets with a click of a mouse. Today there is more than 50,000 sites all looking take your bets. It really is hardly surprising there are actually numerous sites as the internet Gambling Research and Markets Group predicts that by 2015, the turnover within the online betting world will reach at least $125billion.
Because of this, with the numbers rising ever higher it is clear betting online becomes more and more popular everyday. For the vast majority of people, placing bets online makes their sport more exciting and they may even earn the odd bit of cash with the proper technique. But it appears if you want to make the big bucks, you are going to have to be a bookmaker.
