Betting on sports is practiced throughout the world. People bet their money on games and pay, or earn a certain amount if their prediction comes true. Greeks, who were responsible for commencing the first major sporting event – The Olympics, were also responsible for introducing betting in the same game. Some people bet on multiple sports instead of one to earn more money.
Earlier, betting on an expensive sport like horse racing was only limited to the elite class. With the internet getting famous, betting is accessible to every person who owns a mobile phone device. Daily, millions of dollars are on the line in numerous types of sports worldwide. Some popular games are favorite amongst the bettors, and there are some bizarre sports as well. Visit Topbetting.in to learn about the best betting sites available.
Let us go through some of the most popular betting sports in the world:
1. Horse Racing
This is the most popular betting sport and solely relies on betting. It is not only one of the oldest betting sports but also one of the most expensive. Punters will bet millions on a game, and every race is a high-profile event. The stallions and the jockey who participate in a race receive a massive sum of money for it.
In terms of the number of audiences, Football is the most popular sport. The FIFA world cup that takes place every four years is one of the most-watched sporting events worldwide. Therefore, for punters, Football is a sport that will generate maximum revenue. Especially in Europe, Football is the primary source to bet when it comes to sports betting.
Prominent boxers like Muhammad Ali, Mike Tyson, and Floyd Mayweather make boxing gain popularity. In the last decade, boxing has regained its status of being one of the most expensive sports ever. Similarly, the betting market also attained huge profits from boxing. The same was visible in the famous Floyd Mayweather vs. Manny Pacquiao match, known as the fight of the century, where the guest list was full of elite personalities.
Popular in countries like England, Australia, and India, cricket is played and viewed on a massive scale. A vast sum of money is on the stake in every cricket match. People contact their bookies and predict every move of the game. You can bet on every shot, ball, catch, etc. Examples of match-fixing are visible throughout the cricket playing nations where the players received a considerable sum of money to play in a certain way.
One can imagine why tennis is on this list. With world-renowned events such as the Wimbledon, US Open, Australian Open, etc. tennis has become a favorite sport among punters. You can bet on every set of a tennis game comfortably from the vicinity of your smartphone.
A person who has never watched a single basketball game in his/her life will be familiar with the NBA. This basketball league that takes place in the United States is the most premier event for the sport. Being the most famous, the NBA is responsible for having a tremendous amount of money on the stake in the form of betting.
Now, let us look at the reasons why the sports mentioned above are so famous for betting:
More possibilities to bet
These sports are popular and are widely viewed or played throughout the world—this popularity results in more opportunities for the punters to bet on them. Games like Football take place throughout the year, and with the presence of numerous teams and football clubs, betting is more accessible and comfortable for the punters. If, for instance, you lose money in a football match, then you can recover that loss in another game, which may take place within a week or month. More significant the sporting event, the larger the stakes for betting.
Sports like basketball get a telecast in countries even where the game is not accessible. These popular sports are readily available on the internet and TV. Therefore, in almost every nook and corner of the world. Even a non-specialist can understand the intricate rules of any sport that he has never seen. Every information about any game is available on the internet and is easily accessible.
Availability of multiple options
One of the reasons these sports are popular among the bettors is that they offer many options to bet. With the availability of more options to bet, people can choose among several opportunities. Bettors can pick and choose as per their requirements and comfort. If one way of betting fails, then you can go for the other one. With the advent of the internet, you can indulge in live betting by using your mobile phone. Technology has made sports betting easy as earlier you had to be present at the sporting event to bet money on the same.
We have learned about some popular betting sports and the reasons behind their popularity.
Now, let us go through some less famous but peculiar betting sports:
- Video Games: The Internet has changed the way people bet and has also changed the sports on which one can gamble. With video games like PUBG and Call of Duty gaining fame, betting on electronic sports has become a norm.
- WWE: Some find it strange to put money on a pre-decided sport, but it is possible nowadays.
- Arm wrestling: This event has gained popularity in recent years and has attracted many bettors.
- Made-up games: Harry Potter fans will recognize this made-up sport Quidditch. Quidditch is an event in the USA, and people bet real money on it.
Conclusively, for conservatives, betting on sports can be a conversation maker. However, betting is not only popular among the masses but also is legal in a lot of countries. In countries such as India, betting is illegal, but online betting is not. Therefore, events like IPL attract a lot of bettors to indulge in online ethical gambling.