The History of Online Sports Betting

Man, by virtue of his instinct to survive, is naturally a gambler. Given the risks of living day-to-day life, it was considered an act of skill to stay alive until the sun sets, especially during the Stone Age. As the human race began to develop systems that would facilitate the physiological need of survival, the gambling instinct that was inherent in man did not dissipate. Rather, it became stronger with the passage of time.

Why Online Gambling is Becoming Popular | SaaS Metrics

The gambling instinct, simply put, is displayed early into the history of human civilization. The Romans were notorious for their fierce and unforgiving gladiator matches, which were mainly violent at least and visceral at best keluaran hk. By 80AD, the emperor Titus then conducted the first official ceremonies at the Colosseum, and thus the festivities had begun. Slaves were pitted against each other in mostly battles to the death, and sometimes against wild beasts as well. Spectators relished the thought of betting on their favorite gladiator, hoping that he would live to see the end of the glorious battle.

But as time progressed, the violence of the human sport had proved to be too much for some, and gambling has been reduced to animal fights. Of course, this has been around even before the human blood sport of gladiators, but they had become highly popularized in certain parts of Europe -particularly Spain, Portugal, the United Kingdom, France, and even some parts of Asia such as the Philippines and Indonesia. Among these fights were bullfighting, cockfighting, and fox hunting.

As European influence spread more and more all throughout the continents of the world, the thrill of betting soon became a worldwide phenomenon. Gradually, the hunger for the sight of blood was soon surpassed by the promise of amassment of wealth. The stakes were high, but made more appealing by the rise of establishments such as casinos. Betting was never more enjoyable.

But alas, the collected momentum of sports betting was halted abruptly by the coming of the two World Wars since activities such as race meeting and lotteries became severely restricted. Its return only came in the mid-1950s and soon flourished again.

Not to be outdone, sporting events still remained strong in gambling circles, as events such as horse races, basketball matches, and baseball games just seemed to beg for more incoming bets. The rise of communications technology also facilitated the development of sports betting, with phone betting becoming an attractive option to those who live far and away from the games. Companies such as Intertops in Antigua started this as far back as 1993.

When the Internet finally came out for public access and personal use, the betting world evolved into a more closely-knit community. Globalization served its purpose in connecting the world in ways previously thought inconceivable -after all, who would have thought that you can bet on a game halfway across the world with such ease? In 1996, a company in Gibraltar called Microgaming took advantage of this trend and began developing software for use in other gaming companies all over the world. Others soon followed suit, and thus online sports betting as we knew it was born.

I have been trading stocks as a hobby for a long time. However, it wasn’t until I started trading penny stocks that I made enough profit that I could easily quit my primary income job and trade stocks for a living. I know what you’re think… how does he do it, right? Read on and I will tell you.

Recently I have read several online articles on various sites that make the claim that trading penny stocks is like gambling. As an active and very successful stock trader, these sorts of statements irritate me as they are not true for most traders who trade the otcbb and pinksheets. In fact, far from it, I don’t really enjoy any type of gambling because I enjoy making money far more than losing it. I don’t even like going into casinos, although playing poker can be fun as there is at least some strategy to that.

Now this is not to say that there aren’t some traders out there that do indeed trade penny stocks with the same random pattern as pulling the lever on a slot machine or rolling the dice while drunk in Las Vegas. However, these are usually newbies to the stock market and they burn out very fast. Those investors that are serious about making money with penny stocks soon learn techniques that allow them to do so and they soon learn they can make more money with stocks that trade for less than $5 per share than they can trading traditional stocks that trade at more than $5 per share and have a much larger market cap and total net worth. I personally look for ones that are on the verge of breaking out and once I make a nice profit I usually sell and lock in my profit. I am not a daytrader but I also don’t believe in being so greedy I miss out on locking in my profit when I have the chance to do so.

I also want to be totally honest with you. Penny stocks are notorious for being involved in scams where unscrupulous people manipulate the price by promoting certain penny stocks in a less than truthful or ethical way. You’ve probably heard of “pump and dump” scams and it is imperative that whatever method you employ to trade these stocks that you are able to avoid these types of scams.

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