📖 Early Beginnings of Bookmaking (Ancient to 19th Century)
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Year Event Ancient Times ❖ The concept of placing bets on outcomes dates back to Ancient Greece and Rome, where people wagered on gladiators and chariot races. -
Year Event 16th Century ❖ Development of horse racing as a popular betting sport in England gave rise to early bookmakers. -
Year Event 19th Century ❖ Formal establishment of betting shops, particularly in London, as the demand for organized betting on horse races grew.
🏛️ Modern Development (20th Century)
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Year Event 1928 ❖ The Betting and Gaming Act was introduced in the UK, regulating betting activities and legalizing betting shops. -
Year Event 1960s ❖ The rise of sports betting with technological advancements leading to fixed-odds betting becoming mainstream. -
Year Event 1980s ❖ Emergence of online betting platforms, revolutionizing how wagers are placed and managed.
🌐 The Digital Age (21st Century)
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Year Event 2000 ❖ The legalization of online gambling in various countries, increasing accessibility to bookmakers. -
Year Event 2010s ❖ Expansion of live betting features and mobile betting apps, allowing users to place bets in real-time from their devices. -
Year Event 2020 ❖ Surge in popularity for eSports betting as the gaming industry grows, providing new markets for bookmakers.