Football Betting: A Quick & Dirty History

From the old-school neighborhood bookie to Vegasfrom underneath the long arm of the United States'
sportsbooks to the ever-increasingly common onlinelaw. They found it in the late '90s on the internet.
sportsbooks, football betting has come a long way in aOnline football betting was born in the late 1990's when
relatively short time. In years past, if a gambler wanteda number of neighborhood bookmakers realized there
to bet on football he or she would place a wager withwas a way to reach larger audiences as well as to
the neighborhood bookie. In the nineteen-sixties, in anescape the legal issues that had become a hindrance
effort to control what had become an enormousto their business. The increasing ubiquity of the internet
underground industry, the Federal Governmentallowed football betting to become more secure, more
legalized sports betting within the state of Nevada, andaccessible, and lastly but not leastly, more fun.
made it illegal everywhere else in the U.S. With the riseOffshore sportsbooks really started to catch on in the
of the world wide web, online football betting hasearly 2000's and have since become the most popular
become an internet commonplace and onlinemethod for football betting. Online gaming companies
sportsbooks take in billions of bets each year. Thistook over $12 Billion in bets in 2005, and those numbers
didn't all happen overnight.are predicted to grow by at least 20% this year. Along
Football betting has been around longer than many ofwith the success has come attention both friendly and
the more traditional sports bettors care to remember.otherwise. As the online sportsbooks become more
Originally, football betting took place in a back alley or apopular every year with the football betting crowd, the
local pub and the local bookie was the person whoUnited States government looks for ways to reach
cashed in on the wagers placed on football. The onlybeyond their own borders to block the flow of U.S
choice many people had for gambling on games wasfunds to offshore companies and to make online
through the local bookie. Back then, bookies had anfootball betting illegal for football bettors here in the
image of being the tough guy. They flashed the moneyStates. Many Americans feel that this is as doomed to
they made, and when credit came due and a bettorfail as other attempts at the prohibition of "vices", as
couldn't pay, bookies often resorted to violence. It waswell as unnecessary, as the industry becomes
this image and violence that led to their eventualincreasingly self-regulated.
downfall.The offshore sportsbook industry has come a long
The Federal Government isn't fond of underground,way in its short life. In the beginning the instances of
untaxed, and lawless economies. And that's exactlysportsbooks not paying winning customers was almost
what football betting was. In addition, whether true ortoo many to count. The gold rush atmosphere brought
not, the feds were convinced that many of theseentrepreneurs with little or no business or gaming
neighborhood bookies had mob ties. In order to stopexperience running to set up an offshore shop and
control and regulate football betting and all other bettingcash in on the craze. The result of these fly-by-nights
on sports, the Federal Government outlawed betting inwas a black eye for the industry as a whole. Since
all states but Nevada. The only legal way to bet onthen, sportsbook review sites like and offshore
football at that point was to do it in Vegas.watchdog organizations like SportsBettingScams.org
However, many industries have been outlawed in thehave stepped in to help police the otherwise
history of the United States, some recently, some notunregulated industry. The effect of these sites has
so recently, and none of them successfully. So evenbeen to make football betting scams more and more
after Las Vegas sportsbooks were legalized footballrare every day. The positive result of all the attention
bettors still tended to use the neighborhood bookie, andthat online football betting has attracted is that it's much
the business thrived. This was true for many reasons,more difficult to scam bettors when everyone's
but especially financial ones: it's neither easy norwatching.
profitable to hop a plane to Las Vegas to place a $100Football betting was forever changed by online
wager. Despite this success, the neighborhood bookiessportsbooks and the days of the old-school
weren't by any means free from the attempts of theneighborhood bookie are now forever gone. After the
police to shut them down. Legal issues were anlawless frontier days, offshore sportsbooks have
unwelcome nuisance for the business, and police raidsbecome the easy and accessible, secure and legal
were costly and frightened off business. Whatoption for millions of football bettors. Expect this trend
bookmakers really needed was a way to get outto continue.