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14Feb/100

History Behind Net Wagering


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The urge for making fast money might be as ancient as human history. Wagering was prevalent in most areas of the planet from the dawn of time. The first reference of wagering is located in archaic documents where anyone can see the mention of games of Dice gambled on by Kings and Lords across the globe. The wagering developed in selection and choice in due course of time and the most thrilling and favored amongst them was the betting on Horses.

With the penetration and acceptance of the Internet, the online gambling established sometime in the year 1996 with a couple of casino locations showing up, became one of the most chosen internet activity. Today the approximated annual revenue from these webpages numbering many thousands is more than 7000 million dollars. That works out to around 19 million dollars each day and speaks volumes about the popularity and turnover of web betting pages.

Betting online comes with advantages and risks. The advantages being bigger, online betting has gone beyond the initial wagering around the world. The earliest and chief among them is the convenience and the selection the Internet offers for gamblers. The internet sites, which continue to expand in numbers each second, provide a wide array of games like the familiar one-armed bandit luring the bettors for the ever elusive Jackpot, the day-to-day man's playing card games, craps, and roulette. Each offers unique excitements.

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