Online betting, a digital counterpart to the traditional betting industry, has witnessed an enormous surge in popularity over the past couple of decades. This form of wagering, which has revolutionized the betting industry, involves staking money on the uncertain outcomes of events, predominantly sports events, via the internet. With ever-evolving technology and the convenience of accessing betting platforms from anywhere, online betting has gradually emerged as a significant player in the global betting market.

The Evolution of Online Betting Online betting started gaining momentum in the mid-1990s with the advent of the internet. The first online betting platforms were primarily focused on horse racing and Online Betting sports betting. As technology progressed, the scope broadened, encompassing virtual casinos, poker, and lottery games.