The urge for making quick bucks may be as old as human civilization. Gambling was prevalent in many parts of the globe from time immemorial. The first reference of betting is found in ancient scriptures where one can see the mention of games of Dice played by Kings and Lords across the world. The betting grew in variety and choice in due course of time and the most thrilling and popular among them was the betting on Horse racing.
With the proliferation and popularity of the Internet, the online betting introduced sometime in the year 1996 with a few casino sites making the debut, became one of the most popular online activity. Today the estimated annual revenue from these sites numbering thousands is more than $7000 million. That works out to around $19 million per day and speaks volumes about the popularity and turnover of on line betting sites.
Betting online comes with advantages and risks. The advantages being larger, on line betting has surpassed the conventional betting around the world. The first and foremost among them is the convenience and the variety the Internet offers for bettors. The sites, which continue to grow in numbers every second, offer a variety of games like the familiar slot machine luring the bettors for the ever eluding Jackpot, the common man’s card games, craps, and roulette. Each offers unique excitements.
The advantage of an online bettor is the facility to bet on line at the comfort of his home. The online sites do not demand any dress code, specific currency, or scheduled timings. One can bet in the wee hours of morning or during the night. On line betting saves much time and cost by avoiding travel costs, restaurant food costs, and many other fees incurred during a normal traditional betting excursion.
Today, one can have the thrill of betting on anything from horse racing to baseball with on line betting. On line sports betting has become the latest craze of the bettors where one can try his skill and luck against the odds makers.