Gambling is an activity that has been around since time immemorial. The online betting is, however, a phenomenon that has been adopted recently, thanks to technology. Customers are referred to as punters gamble online by placing various stakes. The gambling industry has grown tremendously and covers various fields including lotteries, casinos, and sports. This read explains more about gambling.
History of betting
The dice games can be traced all the way back to the Roman and Ancient Chinese times. During these periods the kings were known to place the dice games during their free time. Most of the games we play online today can be traced back to the 13th century. It is amazing that these games are being enjoyed in this present age and time.
When you talk about gambling, you cannot fail to mention casinos. The casinos themselves are rooted in Italy, and this can be traced back to the 15th century. Casinos did then spread across Europe before it got to the United States. Once casinos were introduced in the United States, the gambling meccas like the Atlantic City and Las Vegas. Initially, the casino houses were more of informal affairs. The roulette wheel which is hugely associated with gambling originated from France. Another game that originated from France was the Blackjack.
Sports betting is one of the most popular fields as far as gambling is concerned. There are over 10,000 games that are played daily globally. The sports gambling takes into consideration all the games including soccer, basketball, athletics, and rugby just but to mention a few. Sports betting is believed to have originated from Rome. The Roman Emperors were known to place bets on the chariots that would win certain races. The sports betting has grown massively and is currently a multi-billion industry.
The first ever recorded lottery system was in Ancient China. It is believed that the proceeds from the lotteries were used to finance the national projects like the Great Wall of China. Lotteries just like the name suggest refers to the drawing of lots to determine whether an individual has won cash or not. It was greatly enjoyed in Rome after families had had their supper. The lotteries then when the public in Europe in the 15th century. Countries that were involved in the activity like the Netherlands gave the proceeds from this method of gambling to the poor.