What most tempts any punter or bettor is the promise of huge returns on minimal stakes. Although, the path to big returns are influenced in many ways by the bookmakers and nobody actually knows just how much control they have over the options available to the bettors. The focus is to win big amounts that could change your life forever, to become part of the lucky punters who have won millions and could retire on a deserted island after enjoying a world cruise.
Most sports bettors feel you have more control in soccer betting than one would have in winning the lottery, and bookmakers most certainly have quite a considerable influence on the choices of the punters. Special deals are often offered in advance to major soccer events, done as part of the marketing campaigns to highlight the even and at the same time to boost certain odds.
Where Soccer Betting Started
Soccer betting originated an entertainment form, the pool system was first used in the United Kingdom and in 1923 devised by Little woods. It became famed quickly for the small stakes that could offer huge financial rewards and at first fans were handed a coupon at the entrance of the stadiums and had to predict the results and scores. The coupon system evolved from the coupons cut out of magazines and newspapers and later could be filled in a submitted via the post. Little woods perfected the coupon betting stage and suggested games and numbers to pick, while at least one winner a week was selected via the points scoring system.
Pari-Mutuel Bets Originated in France
By moving the betting focus to France, it is here where Pari-mutuel bets originated and was used for placing bets on horse races. The betting from was similar to around the world including the TAB system in Australia and the Tote system in the UK. The format worked due to the fact that pooling together all entries and bets as well as the dividends basis allowing the owner to take out their cut. The most famous win ever from pools was that of the £3,001,511 won on a bet of £2 placed by Michael Elliott predicting eight 2 – 2 draws back in 2010. Pools continued to be the obvious form of betting until the rise of betting shops providing bettors with more options and convenient ways to place sports bets in the 1960’s.
Betting Shops Reached Their Peak in the 1990’s
By the 1990’s the increase in betting shop popularity hugely increased and betting options included soccer, horse racing and a whole variety of other sports, especially sports events that were televised. Bookmakers started their own type of pool-styled coupons and provided bettors with a combination of outcomes on most of the matches, while single bets at the time remained available only on live games.
Basically, the fewer betting options might have made it a lot easier for betters, although at the time it also placed them at a disadvantage, while bookmakers created coupons that ensured tough decisions had to be made by the bettors although the cumulative margins were exceptionally high.