Sports betting is a time-honored tradition. Millenniums ago, people placed bets on horse racing. It was a favorite pastime that birthed the rise of bookmakers. With the introduction of different sports, sportsbooks have become a crucial part of sports betting. Due to its popularity and high revenue generation, many states are now legalizing gambling, making the industry a fast-rising part of society.
The Greeks introduced sports betting, and it was through the Olympics. The event was held to appease Zeus, a Greek god. However, people would bet on the outcome of competitions to win profits. The game lasted for years, stopping in 393 AD, when Theodosius I,
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