The history of sports betting dates back to the middle of the 17th century. The English and the French cannot share the primacy between them. In the first half of the XX century professional betting reached its heyday. By the time betting on horse betting already had a long history, but sports betting is not particularly popular.
With the introduction of interactive technology sports betting got a boost. Because of the possibility of online betting, the business of bookmakers is experiencing unprecedented growth.
Organization of betting
In order for a bookmaker to legally accept sports betting, he needs a special license. In addition, it is necessary to make a contribution to the organization-regulator. This contribution will act as a guarantee of the bookmaker's bona fides. Only after that, the line of events is created, the odds are set and the betting process is set up.
To calculate the odds, bookmakers hire special analysts or work with professional software, which already includes a probability and it must be converted into a numerical coefficient.
Note: the odds include a margin - the commission, which is necessary for the bookmakers to profit.
The player only needs to choose a bookmaker's office, register in it, get identified and make a deposit. The task of the player is to choose the appropriate betting options for betting.
How is betting different from casino or poker?
The main distinguishing feature of betting is the absence of an opponent. In a casino, players face off against the dealer, in poker against each other. Betting on sports involves solely predicting events that will occur, even if no bets are taken on it.
Often, former casino players and poker players achieve certain success in betting due to the developed systematic approach, which is no less important in sports betting than at the card table.
The rapid development of betting has contributed to the emergence of a large number of new bookmakers. Betting and iGaming is a rapidly growing trend worldwide, many entrepreneurs want to enter the market and provide high-quality services for consumers. Infointsale provides sports betting software that allows small players and startups to start gambling business. You can use implement the product either as a betting shop, or as an online bookie.