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History: The origins of sportsbetting

Learn all about the beginnings of sportsbetting and what defines it today.

approx. 3 min.
History: The origins of sportsbetting

Once upon a time ..

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Athletics and gambling have always been closely linked, with records of people placing bets stretching back to antiquity.

The tradition of sports betting is incredibly old. Historical accounts suggest that people have been wagering on athletic contests since ancient times, with the Olympic Games being a primary attraction—some traditions even trace this back to the 2nd millennium BC.

While they didn't have the massive variety of sports we see now, ancient competitors still competed in fundamental events like sprinting, jumping, throwing, and equestrian races.

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Speaking of riding ..

Betting on horses has maintained a lasting appeal; evidence shows that people were wagering on races as early as the 1500s. However, it wasn't until the 18th century in England that horse racing betting truly entered its golden era.

A pivotal moment occurred in 1776 with the inaugural St. Leger Stakes in Doncaster, England. In those days, betting was largely a pastime for the wealthy, as the high stakes were only affordable for the upper class.

As these races grew in popularity, the professional bookmaker emerged. Although the practice operated in a legal gray area for a long time, the profession was finally formally legalized in England in 1961.

King Football takes the stage

The birth of the first English football clubs in the mid-1800s naturally led to the creation of cup tournaments. This didn't just modernize the sport itself, but it also laid the groundwork for football betting.

The passion for football quickly swept across Europe. By the late 19th century, German clubs were forming and establishing their own leagues, creating the ideal environment for betting enthusiasts to thrive.

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To this day, football remains the top choice for sports bettors in Germany.

And then came the internet

Long before the digital age, people placed bets at physical locations—ranging from small kiosks outside stadiums to dedicated betting shops. However, the arrival of the internet is what truly opened the doors to a global audience of fans.

The mid-1990s saw the emergence of the first online platforms, allowing providers to reach far more customers. The World Wide Web removed the need to visit a shop or a stadium in person, making the process seamless. Additionally, the introduction of digital payment methods made funding wagers much faster and simpler.

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The latest development

The smartphone revolution brought another game-changer: live betting. Now, fans can place wagers in real-time as the action unfolds, all from their own device. This added a whole new layer of excitement to the experience and has since become a fundamental part of the modern betting landscape.

Sports betting became fully regulated in Germany following the issuance of the first official licenses in 2020. MERKUR BETS is a proud license holder, offering markets on over 70 different sports—from staples like tennis and football to niche options like baseball and Formula 1.

The variety of ways to bet is also extensive. Beyond simply picking a winner, you can explore complex options like system bets, combo wagers, handicaps, and head-to-head matchups.

What are you waiting for?

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