The History of Sports Betting
While sports betting is a modern business, its roots go back to ancient Greece and the Olympic Games. Greeks introduced sports betting to the world, and ancient people even bet on gladiator battles and chariot races. While those games have long been banned, betting still survives in many parts of the world.
Sports betting was originally an underground activity, but as time went on more countries became legal. By the mid-twentieth century, sports betting had become an established pastime in many countries, including the U.S. In the mid-1900s, television became widely available, and bookies began to offer a variety of games. This meant that betting on games could be done anywhere, from home to the local tavern.
In 1919, the Black Sox scandal brought sports betting into the limelight. It exposed the potential for professional baseball to be manipulated by gamblers. A team that was favored by the public was found to fix games at the request of bookmakers, which led to widespread public outcry. This scandal led to widespread anti-gambling sentiment, but sports betting has continued to flourish. This is largely due to the general aversion to gambling and the belief that outright prohibition is impossible.
Sports betting has a long history in Canada. As professional sports became more popular, sports betting became more popular in the country. It was also considered a more respectable form of gambling, and many Canadians began placing bets on various sporting events. However, Canadians are still faced with a number of challenges when it comes to sports betting.