The Story Of Football Betting

Nowadays, we can put a bet or two on football matches as well as take it for granted. Thanks in no small part to the advent of In-Play betting, the industry has grown to such an extent now that you can position countless wagers while a match is still underway. You can take the Cash Out option and still make a profit or, at the very least, minimise your losses if you think your bet is taking a turn for the worse. The industry is changing at an unprecedented rate, whether you bet online or in the stores, and over the coming weeks, months and years it will only get more and more exciting.

All of which poses the question, what used to be the way things were? Have individuals been willing to bet on football matches at all times, or is that a fairly recent development? Over the years, how have things changed to get us to the stage we are at now? These are some of the questions on this page we’ll be hoping to answer. We’ll speak to you about the relationship between football and betting and how the modern game has embraced it more than any previous generation. The big question is, are things going to continue moving in the same direction or are they likely to change?

Early Bookies Bookies

Let’s start from the beginning, before betting on football was the most famous thing today. Although there is no known evidence for the possibility that when the sport was in its early stage , people put wagers on football matches, it is exceedingly doubtful that people just showed up at games, watched them pan out and then went home. The act of gambling, after all, dates back to the Paleolithic ยูฟ่าเบท period, most likely before the written word. There were six-sided dices in Mesopotamia in 3000 BC, indicative of the product of fortune being something that people of the time may have put a wager on.

Back then, however, it would have been simply a friendly bet made with a mate; maybe who would win the game about which team or who would score the first goal. You would have to do so with illegal back-street bookmakers if you wanted to put a more ‘formal’ bet, considering that fixed-odds sports betting was not a legal activity at the time. In fact, when a Catalan named Joseph Oller came up with it, the parimutuel betting scheme was not invented until 1867. This form of betting was originally primarily reserved for horse racing, with a system of fixed odds not implemented until the 1880s.

Interestingly, the development of a fixed-odds betting style was intrinsically associated with football. As the game started to grow in popularity by the end of the nineteenth century, newspapers discovered that if there was anything worth their time in them, people liked it enough to want to purchase articles. As a result, they started giving incentives to readers who were able to predict the results of matches correctly. The entire process became known as ‘set-odds’ because certain prizes were set. However, with the parimutuel bet being the first legal one that you could put on football matches thanks to the invention of football pools, the way of placing a wager did not rise in popularity until the 1960s.

The Pools Of Football

In 1923, outside of Old Trafford, the first football pools were offered. There’s a more in-depth article on the web about that elsewhere, but without at least giving it a passing mention here, it’s difficult to speak about the growth of betting and football. It’s almost hard to imagine just how famous the football pools at their height were with the advent and growth of online betting. Of course, even today, the confidential outcomes still give us details about the outcomes of the pools, but before fixed-odds betting became so popular, the pools were really the only option you had if you wanted to put some kind of wager on a football match-and many people wanted to do just that.

Littlewoods was the first company to sell football pools, built by a man named John Moores, who was a philanthropist and a supporter of Manchester United. At a time when he was searching for a money-making device, he came into touch with John Jervis Barnard and Barnard happened to have one-the football pools. Moores joined two of his colleagues, Colin Askham and Bill Hughes, each spending £50 to get their own version of Barnard ‘s game up and running. It looked as if the entire system was going to crumble by the middle of the 1924-1925 season, with each of the three men having already spent £ 200 each. Askham and Hughes were able to cut their losses, so they were bought out of the company by Moores.

It was the wife of John Moores who we have to thank for the fact that the football pools finally took off. She said to her husband, ‘I’d rather be married to a man haunted by disappointment rather than one haunted by remorse,’ so he kept plugging away and eventually caught on with the business. It took off to such an extent that competing businesses, the best known of which was Vernons, started to pop up throughout the country. Moores was a millionaire by the beginning of the 1930s, all due to his persistence in the Littlewoods Baths. He then introduced the Littlewoods Mail Order Service, which was a roaring success in itself. That, however, for another time and on another website, is a storey.

Following the Second World War, interest in football matches was at an all-time high. In the United Kingdom, working class individuals not only had more discretionary income but also a willingness to enjoy their lives while they could, recognising that it was valuable and could be over at any moment. It was why the soccer pools took off and it was also why punters discovered loopholes in other ways to place bets.The Ready Money Football Betting Act, which entered into force in 1920, was supposed to restrict the amount of gambling that could be done on sports, but simply ended up clarifying things for those who wanted to have a flutter. It did not prohibit credit betting, which meant that books could allow Postal Order wagers, but not cash. This is also how some of Britain’s bookies, such as William Hill, began offering bets using credit to high-profile customers.

Changes to the law on gambling in the UK

Licensing As already reported, betting would have taken place well before the football pools of 1923 came into being. The Betting Houses Act, for example, was introduced in 1853 and made it an offence to ‘resort to any place or individual for betting and bookmaking purposes’. In the 1840s and 1850s, proof from the Manchester Police shows that it was only the working class being arrested for venturing to betting houses. It’s fair to say that it was not seen as an uniformly positive idea to include betting in football. If betting takes hold of football, the game is done for, “said Sir J. Charles Clegg, who was the chairman of the Football Association in the 1920s.”Eventually, those in positions of authority could no longer fight the good fight, so the law had to change. The Betting and Gaming Act of 1960 was the first time that the United Kingdom allowed additional forms of gambling. It was the product of the Betting, Lotteries and Gaming Royal Commission, which lasted from 1949 until 1951. It allowed the opening of public street betting shops from the first of May 1960, and tens of thousands of such shops sprang up around the country within months. With the stadiums overflowing with smoke and the scent of liquor as men, nearly all men, cheered on their horses or made other bets on different sports, they were not especially friendly or friendly places to visit.

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