|
|
|
|
Online Gambling Expected to Break Olympic
Records for Rio |
|
|
|
Since the rise of online
sports gambling, punters have been searching for new ways to bet on a wider
variety of sporting events. So why not one of the oldest sporting events in the
history of mankind? This year's Summer Olympics from beautiful Rio, Brazil will
be the highest wagered-upon Olympics of all time and punters from all corners
of the globe will have reason to bet on the games.
At the 2012
Olympics in London, it was the first Olympic Games that seriously boosted
online gambling profits around the world. In London, Sportsbooks like bet365,
Ladbrokes and William Hill saw increased profits shoot from around $5 million
to around $80 million pounds in just four years. The London Olympics were the
first time that live in-play betting was offered on individual and team events.
This became instantly popular and today the big brands are offering the longest
lists of Olympic gambling odds of all time..
Brazil to Miss out on Gambling Profits You would
think that the host country that has come under fire for the relatively high
levels of poverty would look to approve sports gambling legislation prior to
the main event, but that is not the case for Brazil. The hosts of the 2016
Olympics were not fast enough in approving their newly proposed online gambling
legislation, which means no sportsbook located in Brazil, nor people at the
games can legally bet on the events.
That is exactly the opposite
than in most other countries that are avid supporters and understand what the
tax income can do to improve their countries. Online sports gambling may not be
legal in anywhere close to all fifty US states, but Nevada, New Jersey and
Delaware are preparing for two of the heaviest weeks they will have ever
seen.
Olympics gambling on a whole will set completely new records
since its humble beginnings in Beijing, eight years ago. Pre-Olympic odds are
already posted for some of the biggest events and with the live in-play
interactive gambling options available, even a full marathon will become quite
interesting. Punters can find the most trusted online sportsbooks at sites like
OnlineCasinosReports.co.uk
in order to prepare for August.
There will be over 10,000 athletes from
206 different nations with Olympic representation, competing in dozens of
events from August 5th until the 21st, which means thousands of chances to win
very lucrative cash as the game's progress. The entire soccer and basketball
games will be refreshing now that league play and the Euro are complete.
Olympic betting will be new for millions of punters, but will
undoubtedly challenge ones true skill, with a little help from lady luck once
in awhile.
|
|
|
|
|
|
|
|
|