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Internet Sport Betting

With the advent of the internet in the 1990s, sport betting receive an even bigger boost than that of television.

Now you could place bets from the comfort of your own home without even a trip to your local bookmaker.

However, internet sport betting took a little longer to establish itself due to people’s initial mistrust of the medium for handling financial transactions.

With the advent on online banking and money transfers this mistrust disappeared and by 2005 online Sportsbooks were taking almost $100 Billion in sports bets.

The greatest advantage of online sports betting, like a lot of things on the internet, is the explosion of easily accessible information. Most online bookmakers provide not only the latest odds but also information on how to bet, tips and all the latest sports results and fixtures as they happen.

Another major innovation of online sports betting has been the rise of ‘in-play’ or live betting where you can place certain bets after a game or event has already started. Without the speed and technological advancement of the internet this type of betting would not be possible.

You can bet on just about any sport imaginable with a wide variety of bet types, as well as other events such as elections, TV and film awards, reality shows and music. Most online bookmakers also offer casinos for Poker and other card games as well as roulette, bingo and lotteries.

In short you can now bet on just about anything online and all from the comfort of your own home but beware, online sport betting is not legal everywhere.

Updated: July 17, 2013 by SportBettingOnline