10 Interesting Fact About The history of sports betting
10 Interesting Fact About The history of sports betting
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History of ancient sports betting began in ancient Greece in 776 BC, when the first Olympics was held.
According to history, sports betting is also carried out in ancient Rome, where people bet on the gladiator battle.
In England in the 16th century, sports betting became illegal because it was considered to trigger harmful gambling behavior.
In 1810, sports betting became legal in the UK and became popular among the working classes.
In 1949, official sports betting began in Nevada, USA, and regulated by the Nevada Gaming Commission.
After the Black Sox Scandal case in 1919, where Baseball players were involved in betting fraud schemes, the United States Baseball League (MLB) applied strict rules to prevent players from being involved in sports betting.
In 1961, the US government issued Wire Act, which prohibited the operation of the betting business via telephone or other communication networks.
In 1992, the US issued PASPA (Professional and Amateur Sports Protection Act), which prohibits sports betting throughout the country except in Nevada, Oregon, Delawar, and Montana.
In 2018, the US Supreme Court canceled Paspa and gave freedom to states to legalize sports betting.
At present, sports betting becomes a multi-billion dollar industry worldwide, with many online platforms and available betting applications.
