Online sports betting is fast becoming one of the most important industries online and it's not hard to ascertain why. Betting online is quick, easy, and offers tons more markets than traditional main street betting shops. Way back in 1996, when the web was just a baby, there were only 30 approximately sites that allowed users to put bets on anything from blackjack to soccer. Even in its infancy then the gambling industry was raking in a massive $17million from online revenue. By the turn of the Millennium, this had risen exponentially to over $3billion and by 2003 this had doubled to quite $6billion in only the US.

When you check out the annual turnover of worldwide online betting it's an absolutely astonishing amount of cash. consistent with the gambling board of Great Britain the worldwide turnover in 2001 for all gambling was £638billion with £21billion of this being wagered online. Online sports betting got a £9billion slice of this.

With huge amounts of cash to be made, it's no wonder that each one of the main bookers quickly flocked to the web to urge in on the action. also because of the documented brands, specialist sites began to originate everywhere. These sites had no world presence and were designed purely to capture the growing number of punters looking to put their bets with a click of a mouse. Today there's an overflow of 50,000 sites all looking to take your bets. it's hardly surprising there are numerous sites because the Online Gambling Research and Markets Group predicts that by 2015, the turnover within the online betting world will reach a minimum of $125billion.

So, with the numbers rising ever higher it's clear betting online becomes more and more popular every day. For the bulk of individuals, placing bets online makes their sport more exciting, and that they may even earn the odd little bit of cash with the proper technique. But it seems if you would like to form the large bucks, you're getting to need to become a bookmaker.

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