Betting History — Bookmakers and Betting Offices

There are a lot of ways to gamble in the present world. A great number of people chose gambling as their favorite pastime. Gamblers escape from the everyday life with the help of bookmakers and betting offices. Before the Victorian times, people placed their wagers and relied only on the gentlemen’s agreement. There were no guarantees that you would get your winnings, because someone could simply disappear with your money. The situation didn’t change a lot in 1880s. Bookmakers were usually illegal and it was risky to trust them with money, though there were some legal bookmakers that were strictly regulated.

Betting history

The first bookmaker

The first bookmaker in the United Kingdom was Harry Ogden. He started his business in 1790. It was possible to bet on horse racing at that time.

The first gambling act

The first gambling act was signed in 1845 and it allowed gambling among elite and upper class and it gave police power to control betting because earlier, bookmakers could disappear with your money and police had no right to protect you.

Betting shops

The first betting shops appeared in 1961 and Harold McMillan was the person who legalized betting shops. Betting shop was a place where people could place their bets legally, using the licensed bookmaker. More than 15 000 betting shops were opened at that time and the industry started to grow.

Nowadays, Ladbrokes, Coral, and William Hill are considered to be the biggest bookmakers in the United Kingdom.

The industry of gambling is growing with every year and today, gamblers use not only bookmakers and betting shops, but betting sites to gamble. The first betting site was Intertops and it appeared in 1996. It was the first site that could be used for sports betting.

The modern world proposes a great number of betting sites and it is up to you what kind of gambling to choose.

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