History of sports bettingl

Introduction Sports betting has a rich and varied history that spans centuries. From ancient civilizations to modern-day online platforms, the allure of predicting the outcomes of sporting events and placing wagers on them has remained a constant. This article delves into the historical evolution of sports betting, highlighting key milestones and cultural influences. Ancient Origins Ancient Greece and Rome Olympic Games: The earliest recorded instances of sports betting can be traced back to the ancient Olympic Games in Greece.

  • Cash King Palace
    new
    Royal Wins100% / $1500
    Casino popularity:
    Collecting more data...
    Payment methods
    • Mifinity
    • Google Pay
    • PIX
    • EcoPayz
    • Neteller
    • Apple Pay
    • Visa
    • Sofort
    • Interac
    • Wagering: 35 x (b)
    • Withdrawal time: 1 days
    • Minimum deposit to casino: $30
    • Bonus max bet: $5
    • Established: 2024
    • Free Spins: 200
    • 1st Deposit Bonus:100% / $1500 + 200 Free Spins
    • Bonus code: FRUIT22nd Deposit Bonus:100% / $1500 + 75 Free Spins
    • Bonus code: FRUIT33rd Deposit Bonus:75% / $3000 + 75 Free Spins
    • Bonus code: FRUIT44th Deposit Bonus:50% / $4500 + 200 Free Spins
    • Leading selection of slots
    • VISA casino site
    • HD streaming casino games
    • Newly unveiled casino
    • Signup offer now available
    • Mr. Gamble special bonuses
    Show more
  • Lucky Ace Palace
    Luck&Luxury100% / $1500
    Casino popularity:
    Collecting more data...
    Payment methods
    • Mifinity
    • Google Pay
    • PIX
    • EcoPayz
    • Neteller
    • Apple Pay
    • Visa
    • Sofort
    • Interac
    • Wagering: 35 x (b)
    • Withdrawal time: 1 days
    • Minimum deposit to casino: $30
    • Bonus max bet: $5
    • Established: 2024
    • Free Spins: 200
    • 1st Deposit Bonus:100% / $1500 + 200 Free Spins
    • Bonus code: FRUIT22nd Deposit Bonus:100% / $1500 + 75 Free Spins
    • Bonus code: FRUIT33rd Deposit Bonus:75% / $3000 + 75 Free Spins
    • Bonus code: FRUIT44th Deposit Bonus:50% / $4500 + 200 Free Spins
    • Leading selection of slots
    • VISA casino site
    • HD streaming casino games
    • Newly unveiled casino
    • Signup offer now available
    • Mr. Gamble special bonuses
    Show more
  • Starlight Betting Lounge
    Celestial Bet100% / $1500
    Casino popularity:
    Collecting more data...
    Payment methods
    • Mifinity
    • Google Pay
    • PIX
    • EcoPayz
    • Neteller
    • Apple Pay
    • Visa
    • Sofort
    • Interac
    • Wagering: 35 x (b)
    • Withdrawal time: 1 days
    • Minimum deposit to casino: $30
    • Bonus max bet: $5
    • Established: 2024
    • Free Spins: 200
    • 1st Deposit Bonus:100% / $1500 + 200 Free Spins
    • Bonus code: FRUIT22nd Deposit Bonus:100% / $1500 + 75 Free Spins
    • Bonus code: FRUIT33rd Deposit Bonus:75% / $3000 + 75 Free Spins
    • Bonus code: FRUIT44th Deposit Bonus:50% / $4500 + 200 Free Spins
    • Leading selection of slots
    • VISA casino site
    • HD streaming casino games
    • Newly unveiled casino
    • Signup offer now available
    • Mr. Gamble special bonuses
    Show more
  • Spin Palace Casino
    Win Big Now100% / $1500
    Casino popularity:
    Collecting more data...
    Payment methods
    • Mifinity
    • Google Pay
    • PIX
    • EcoPayz
    • Neteller
    • Apple Pay
    • Visa
    • Sofort
    • Interac
    • Wagering: 35 x (b)
    • Withdrawal time: 1 days
    • Minimum deposit to casino: $30
    • Bonus max bet: $5
    • Established: 2024
    • Free Spins: 200
    • 1st Deposit Bonus:100% / $1500 + 200 Free Spins
    • Bonus code: FRUIT22nd Deposit Bonus:100% / $1500 + 75 Free Spins
    • Bonus code: FRUIT33rd Deposit Bonus:75% / $3000 + 75 Free Spins
    • Bonus code: FRUIT44th Deposit Bonus:50% / $4500 + 200 Free Spins
    • Leading selection of slots
    • VISA casino site
    • HD streaming casino games
    • Newly unveiled casino
    • Signup offer now available
    • Mr. Gamble special bonuses
    Show more
  • Silver Fox Slots
    Elegance+Fun100% / $1500
    Casino popularity:
    Collecting more data...
    Payment methods
    • Mifinity
    • Google Pay
    • PIX
    • EcoPayz
    • Neteller
    • Apple Pay
    • Visa
    • Sofort
    • Interac
    • Wagering: 35 x (b)
    • Withdrawal time: 1 days
    • Minimum deposit to casino: $30
    • Bonus max bet: $5
    • Established: 2024
    • Free Spins: 200
    • 1st Deposit Bonus:100% / $1500 + 200 Free Spins
    • Bonus code: FRUIT22nd Deposit Bonus:100% / $1500 + 75 Free Spins
    • Bonus code: FRUIT33rd Deposit Bonus:75% / $3000 + 75 Free Spins
    • Bonus code: FRUIT44th Deposit Bonus:50% / $4500 + 200 Free Spins
    • Leading selection of slots
    • VISA casino site
    • HD streaming casino games
    • Newly unveiled casino
    • Signup offer now available
    • Mr. Gamble special bonuses
    Show more
  • Golden Spin Casino
    Luxury Play100% / $1500
    Casino popularity:
    Collecting more data...
    Payment methods
    • Mifinity
    • Google Pay
    • PIX
    • EcoPayz
    • Neteller
    • Apple Pay
    • Visa
    • Sofort
    • Interac
    • Wagering: 35 x (b)
    • Withdrawal time: 1 days
    • Minimum deposit to casino: $30
    • Bonus max bet: $5
    • Established: 2024
    • Free Spins: 200
    • 1st Deposit Bonus:100% / $1500 + 200 Free Spins
    • Bonus code: FRUIT22nd Deposit Bonus:100% / $1500 + 75 Free Spins
    • Bonus code: FRUIT33rd Deposit Bonus:75% / $3000 + 75 Free Spins
    • Bonus code: FRUIT44th Deposit Bonus:50% / $4500 + 200 Free Spins
    • Leading selection of slots
    • VISA casino site
    • HD streaming casino games
    • Newly unveiled casino
    • Signup offer now available
    • Mr. Gamble special bonuses
    Show more
  • Royal Fortune Gaming
    Opulence & Thrills100% / $1500
    Casino popularity:
    Collecting more data...
    Payment methods
    • Mifinity
    • Google Pay
    • PIX
    • EcoPayz
    • Neteller
    • Apple Pay
    • Visa
    • Sofort
    • Interac
    • Wagering: 35 x (b)
    • Withdrawal time: 1 days
    • Minimum deposit to casino: $30
    • Bonus max bet: $5
    • Established: 2024
    • Free Spins: 200
    • 1st Deposit Bonus:100% / $1500 + 200 Free Spins
    • Bonus code: FRUIT22nd Deposit Bonus:100% / $1500 + 75 Free Spins
    • Bonus code: FRUIT33rd Deposit Bonus:75% / $3000 + 75 Free Spins
    • Bonus code: FRUIT44th Deposit Bonus:50% / $4500 + 200 Free Spins
    • Leading selection of slots
    • VISA casino site
    • HD streaming casino games
    • Newly unveiled casino
    • Signup offer now available
    • Mr. Gamble special bonuses
    Show more
  • Lucky Ace Casino
    Luck&Luxury100% / $1500
    Casino popularity:
    Collecting more data...
    Payment methods
    • Mifinity
    • Google Pay
    • PIX
    • EcoPayz
    • Neteller
    • Apple Pay
    • Visa
    • Sofort
    • Interac
    • Wagering: 35 x (b)
    • Withdrawal time: 1 days
    • Minimum deposit to casino: $30
    • Bonus max bet: $5
    • Established: 2024
    • Free Spins: 200
    • 1st Deposit Bonus:100% / $1500 + 200 Free Spins
    • Bonus code: FRUIT22nd Deposit Bonus:100% / $1500 + 75 Free Spins
    • Bonus code: FRUIT33rd Deposit Bonus:75% / $3000 + 75 Free Spins
    • Bonus code: FRUIT44th Deposit Bonus:50% / $4500 + 200 Free Spins
    • Leading selection of slots
    • VISA casino site
    • HD streaming casino games
    • Newly unveiled casino
    • Signup offer now available
    • Mr. Gamble special bonuses
    Show more
  • Diamond Crown Casino
    Opulence & Fun100% / $1500
    Casino popularity:
    Collecting more data...
    Payment methods
    • Mifinity
    • Google Pay
    • PIX
    • EcoPayz
    • Neteller
    • Apple Pay
    • Visa
    • Sofort
    • Interac
    • Wagering: 35 x (b)
    • Withdrawal time: 1 days
    • Minimum deposit to casino: $30
    • Bonus max bet: $5
    • Established: 2024
    • Free Spins: 200
    • 1st Deposit Bonus:100% / $1500 + 200 Free Spins
    • Bonus code: FRUIT22nd Deposit Bonus:100% / $1500 + 75 Free Spins
    • Bonus code: FRUIT33rd Deposit Bonus:75% / $3000 + 75 Free Spins
    • Bonus code: FRUIT44th Deposit Bonus:50% / $4500 + 200 Free Spins
    • Leading selection of slots
    • VISA casino site
    • HD streaming casino games
    • Newly unveiled casino
    • Signup offer now available
    • Mr. Gamble special bonuses
    Show more
  • Victory Slots Resort
    Spin to Win100% / $1500
    Casino popularity:
    Collecting more data...
    Payment methods
    • Mifinity
    • Google Pay
    • PIX
    • EcoPayz
    • Neteller
    • Apple Pay
    • Visa
    • Sofort
    • Interac
    • Wagering: 35 x (b)
    • Withdrawal time: 1 days
    • Minimum deposit to casino: $30
    • Bonus max bet: $5
    • Established: 2024
    • Free Spins: 200
    • 1st Deposit Bonus:100% / $1500 + 200 Free Spins
    • Bonus code: FRUIT22nd Deposit Bonus:100% / $1500 + 75 Free Spins
    • Bonus code: FRUIT33rd Deposit Bonus:75% / $3000 + 75 Free Spins
    • Bonus code: FRUIT44th Deposit Bonus:50% / $4500 + 200 Free Spins
    • Leading selection of slots
    • VISA casino site
    • HD streaming casino games
    • Newly unveiled casino
    • Signup offer now available
    • Mr. Gamble special bonuses
    Show more

Source

  1. legal sports betting sites in india
  2. sports betting in sydney australia
  3. online sports betting sites in india
  4. online sports betting sites in india
  5. online sports betting sites in india
  6. sports betting ai

History of sports bettingl

Introduction

Sports betting has a rich and varied history that spans centuries. From ancient civilizations to modern-day online platforms, the allure of predicting the outcomes of sporting events and placing wagers on them has remained a constant. This article delves into the historical evolution of sports betting, highlighting key milestones and cultural influences.

Ancient Origins

Ancient Greece and Rome

  • Olympic Games: The earliest recorded instances of sports betting can be traced back to the ancient Olympic Games in Greece. Spectators and participants would bet on the outcomes of various events, often using valuable items as stakes.
  • Gladiatorial Contests: In ancient Rome, betting on gladiatorial contests was a popular pastime. The Roman government even regulated these bets, reflecting the widespread acceptance and popularity of sports betting.

China and Japan

  • Xiangqi (Chinese Chess): In China, betting on the game of Xiangqi dates back to the Tang Dynasty (618-907 AD). The game was not only a form of entertainment but also a platform for wagering.
  • Sumo Wrestling: In Japan, sumo wrestling has been a traditional sport for centuries, and betting on matches has been a common practice, especially among the samurai class.

Middle Ages to Renaissance

Europe

  • Horse Racing: The Middle Ages saw the rise of horse racing in Europe, particularly in England. Betting on horse races became a popular activity among the nobility and commoners alike.
  • Jousting Tournaments: Jousting tournaments in medieval Europe were not only a display of knightly prowess but also a venue for betting. Spectators would wager on the outcomes of these contests.

Renaissance Italy

  • Calcio Fiorentino: This Renaissance-era form of football in Italy was a highly physical and violent sport. Betting on the outcomes of Calcio Fiorentino matches was a common practice, reflecting the cultural fascination with sports and gambling.

Modern Era

19th Century

  • Formation of Betting Markets: The 19th century saw the formalization of betting markets in various countries. In the United Kingdom, bookmakers began to operate openly, offering odds on horse races and other sports.
  • Spread Betting: The concept of spread betting, where bettors wager on whether a particular outcome will be above or below a stated spread, emerged during this period.

20th Century

  • Legalization and Regulation: The mid-20th century marked a significant shift in the legal status of sports betting. Countries like the United Kingdom and the United States began to legalize and regulate sports betting, leading to the establishment of state-run lotteries and betting agencies.
  • Technological Advancements: The latter half of the 20th century saw the advent of technological advancements that revolutionized sports betting. Televised sports events and the rise of off-track betting (OTB) allowed bettors to engage with sports betting from remote locations.

21st Century

  • Online Betting Platforms: The internet and mobile technology have transformed sports betting into a global phenomenon. Online betting platforms and mobile apps have made it easier than ever for people to place bets on a wide range of sports events from anywhere in the world.
  • Esports Betting: The rise of esports has introduced a new dimension to sports betting. Bettors now have the opportunity to wager on competitive video gaming events, reflecting the evolving landscape of sports and entertainment.

The history of sports betting is a testament to the enduring human fascination with predicting outcomes and taking risks. From ancient civilizations to the digital age, sports betting has evolved and adapted, reflecting the cultural, technological, and social changes of each era. As we move forward, the future of sports betting promises to be as dynamic and exciting as its storied past.

chinese betting sites

In recent years, the online betting industry has seen significant growth, and China is no exception. Despite the country’s strict regulations on gambling, there are several platforms that cater to Chinese bettors. This article provides a comprehensive guide to understanding and navigating Chinese betting sites.

Before diving into the specifics of Chinese betting sites, it’s essential to understand the legal landscape:

  • Strict Regulations: Gambling is heavily regulated in China, with most forms of it being illegal. The government enforces these laws rigorously.
  • State-Run Lotteries: The only legal form of gambling in mainland China is state-run lotteries. These are tightly controlled by the government.
  • Online Betting: While online betting is technically illegal, many Chinese citizens use offshore platforms that accept Chinese players.

Despite the legal restrictions, several offshore betting sites cater specifically to Chinese players. Here are some of the most popular ones:

1. Pinnacle Sports

  • Features: Known for its competitive odds and wide range of sports betting options.
  • Languages: Supports Chinese language options, making it user-friendly for Chinese bettors.
  • Payment Methods: Accepts various payment methods, including popular Chinese payment platforms.

2. Bet365

  • Features: Offers a comprehensive betting experience with a vast array of sports and events.
  • Languages: Provides a Chinese interface, making navigation easy for Chinese users.
  • Payment Methods: Supports Chinese payment methods like UnionPay and AliPay.

3. 188Bet

  • Features: Specializes in Asian handicaps and offers a wide range of betting markets.
  • Languages: Available in Chinese, catering specifically to the Chinese market.
  • Payment Methods: Accepts Chinese payment methods and offers quick withdrawal times.

4. Dafabet

  • Features: Known for its extensive sportsbook and live betting options.
  • Languages: Offers a Chinese version of its website, making it accessible for Chinese bettors.
  • Payment Methods: Supports popular Chinese payment methods and offers secure transactions.

How to Choose the Right Betting Site

Selecting the right betting site is crucial for a seamless and enjoyable betting experience. Here are some factors to consider:

1. Legitimacy and Reputation

  • Licensing: Ensure the site is licensed and regulated by a reputable authority.
  • Reviews: Check user reviews and ratings to gauge the site’s reputation.

2. User Interface and Language Support

  • Ease of Use: Choose a site with an intuitive interface that is easy to navigate.
  • Language Options: Opt for a site that offers Chinese language support.

3. Payment Methods

  • Local Payment Options: Ensure the site accepts popular Chinese payment methods like UnionPay and AliPay.
  • Withdrawal Times: Look for sites that offer quick and hassle-free withdrawals.

4. Betting Options

  • Sports Variety: Choose a site that offers a wide range of sports and events to bet on.
  • Odds: Compare the odds offered by different sites to get the best value for your bets.

Safety and Security

When betting online, safety and security should be your top priorities. Here are some tips to ensure a secure betting experience:

  • Use Strong Passwords: Create strong, unique passwords for your betting accounts.
  • Enable Two-Factor Authentication: This adds an extra layer of security to your account.
  • Avoid Public Wi-Fi: Use secure, private networks when accessing betting sites.
  • Regularly Monitor Your Accounts: Keep an eye on your betting accounts for any suspicious activity.

While the legal landscape for betting in China is complex, there are several reputable offshore betting sites that cater to Chinese players. By understanding the legal framework and carefully selecting a reliable betting platform, Chinese bettors can enjoy a safe and enjoyable betting experience. Always prioritize safety and choose sites that offer a wide range of betting options, user-friendly interfaces, and secure payment methods.

History of sports betting

Ancient Origins

  • Greece and Rome: The earliest forms of sports betting can be traced back to ancient Greece and Rome, where betting on gladiatorial contests and chariot races was common.
  • China: In China, betting on animal fights, particularly cockfights, was a popular pastime.

Middle Ages

  • Medieval Europe: During the Middle Ages, sports betting shifted to more traditional sports like wrestling, archery, and jousting.
  • Public Betting Houses: The first public betting houses emerged in Italy, where people could place bets on various events, including horse racing.

Renaissance and Enlightenment

  • England: The 16th and 17th centuries saw the rise of sports betting in England, particularly on horse racing and cockfighting.
  • Betting Books: The first betting books were introduced, allowing people to record their bets and track outcomes.

19th Century

  • Horse Racing: Horse racing became the dominant sport for betting, with the establishment of organized racing clubs and tracks.
  • Betting Pools: The concept of betting pools, where multiple people contribute to a common pot, became popular.

20th Century

  • Football Betting: The rise of football (soccer) in the early 20th century led to increased betting on the sport, especially in Europe.
  • Legalization: Many countries began to legalize and regulate sports betting, leading to the establishment of state-run betting agencies.

Modern Era

  • Online Betting: The advent of the internet in the late 20th century revolutionized sports betting, allowing people to place bets online from anywhere in the world.
  • Diverse Sports: Betting expanded to include a wide range of sports, from traditional ones like football and basketball to niche sports like eSports.
  • Technological Advancements: Innovations such as mobile betting apps, live betting, and virtual sports have further transformed the industry.
  • Legalization and Regulation: More countries are legalizing sports betting, often with strict regulations to ensure fairness and prevent fraud.
  • Globalization: Sports betting has become a global phenomenon, with international betting companies operating in multiple countries.
  • Technological Integration: The integration of advanced technologies like blockchain and AI is enhancing the security and efficiency of sports betting platforms.

The history of sports betting is a fascinating journey through time, reflecting societal changes, technological advancements, and the evolving nature of sports themselves. From ancient gladiatorial contests to modern online platforms, sports betting continues to captivate and engage people worldwide.

betting sites in world

Betting sites have become a global phenomenon, offering a wide range of options for sports betting, casino games, and other forms of online entertainment. Each country has its own regulations and preferences, leading to a diverse landscape of betting sites. Here’s a look at some of the most prominent betting sites around the world.

Europe

Europe is home to some of the oldest and most established betting sites. Here are a few notable ones:

United Kingdom

  • Bet365: One of the largest online betting sites, offering sports betting, casino games, and more.
  • William Hill: A well-known brand with a long history in the betting industry.
  • Paddy Power: Known for its quirky marketing and extensive sports betting options.

Malta

  • Betsson: A popular site with a strong focus on sports betting and casino games.
  • LeoVegas: Renowned for its mobile betting platform and extensive casino offerings.

Gibraltar

  • 888sport: Part of the 888 Holdings group, offering a wide range of betting options.
  • BetVictor: Known for its competitive odds and extensive sportsbook.

Asia

Asia has a growing market for online betting, with several countries leading the way:

China

  • SBOBET: A leading online sportsbook with a strong presence in Asia.
  • 188BET: Known for its extensive coverage of Asian sports and events.

Japan

  • DMM.com: Offers a variety of betting options, including horse racing and sports betting.
  • Ladbrokes Japan: A local version of the well-known UK betting site.

South Korea

  • Naver Sports: A popular platform for sports betting and news.
  • Daum Sports: Another major player in the Korean betting market.

North America

North America has a unique betting landscape, with different regulations in the US and Canada:

United States

  • DraftKings: A leading platform for daily fantasy sports and sports betting.
  • FanDuel: Another major player in the daily fantasy sports and sports betting market.
  • BetMGM: A joint venture between MGM Resorts and GVC Holdings, offering a comprehensive betting experience.

Canada

  • Sports Interaction: A popular Canadian betting site with a strong focus on local sports.
  • 888sport Canada: The Canadian branch of the well-known international betting site.

Australia

Australia has a vibrant betting culture, with several prominent sites:

  • Sportsbet: One of the largest betting sites in Australia, offering a wide range of sports betting options.
  • Ladbrokes Australia: A local version of the UK betting site, known for its competitive odds.
  • BetEasy: A popular site with a strong focus on horse racing and sports betting.

Africa

Africa is an emerging market for online betting, with several sites gaining popularity:

  • Betway Africa: A leading betting site with a strong presence in several African countries.
  • 1xBet: Known for its extensive sports betting options and competitive odds.
  • BetLion: A popular site in Kenya, offering a variety of betting options.

The global landscape of betting sites is diverse and dynamic, reflecting the unique preferences and regulations of each region. Whether you’re into sports betting, casino games, or other forms of online entertainment, there’s a betting site out there for you, no matter where you are in the world.

Frequently Questions

What is the history of sports betting and how has it evolved over time?

The history of sports betting dates back to ancient civilizations, where it was common in various forms of sports and games. In ancient Rome, chariot races and gladiatorial combats were popular betting events. The modern era of sports betting began in the 19th century with horse racing in the UK, which led to the establishment of bookmaking shops. The advent of the internet in the late 20th century revolutionized sports betting, allowing for online platforms and global accessibility. Today, sports betting is a multi-billion dollar industry, regulated in many countries, and includes a wide variety of sports and betting options, from traditional wagers to live, in-game betting.

What is the biggest payout in sports betting history?

The biggest payout in sports betting history was a staggering $22.8 million, won by a 55-year-old engineer from Las Vegas in 2018. He placed a $850,000 bet on the Philadelphia Eagles to win Super Bowl LII against the New England Patriots at odds of 28-1. This monumental win not only set a new record for sports betting payouts but also highlighted the potential windfalls of high-stakes betting. The Eagles' victory secured the engineer's place in sports betting history, making his bet one of the most lucrative and talked-about wagers ever.

 

How has the history of sports betting evolved over time?

The history of sports betting has evolved significantly from ancient civilizations to modern times. Initially, betting was informal, often involving wagers among friends or spectators at events like chariot races in ancient Rome. By the 19th century, organized sports betting emerged in Europe, particularly in horse racing, leading to the establishment of betting shops. The 20th century saw the legalization and regulation of sports betting in various countries, including the UK and parts of the US. Technological advancements, particularly the internet, revolutionized sports betting in the late 20th and early 21st centuries, enabling online platforms and mobile betting apps. Today, sports betting is a global industry, regulated in many regions, and integrated into mainstream sports culture.

What is the history and legality of online sports betting?

The history of online sports betting dates back to the late 20th century, with the advent of the internet. Initially, it was a niche activity, but it has since grown into a multi-billion-dollar industry. The legality of online sports betting varies by country and state. In the United States, the Professional and Amateur Sports Protection Act (PASPA) was struck down in 2018, allowing individual states to legalize sports betting. Today, states like Nevada, New Jersey, and Pennsylvania have thriving online sports betting markets. In Europe, countries like the UK and Malta have regulated online betting, ensuring consumer protection and tax revenue. Despite its growth, online sports betting remains a contentious issue, with ongoing debates about regulation and ethical concerns.

What is the biggest payout in sports betting history?

The biggest payout in sports betting history was a staggering $22.8 million, won by a 55-year-old engineer from Las Vegas in 2018. He placed a $850,000 bet on the Philadelphia Eagles to win Super Bowl LII against the New England Patriots at odds of 28-1. This monumental win not only set a new record for sports betting payouts but also highlighted the potential windfalls of high-stakes betting. The Eagles' victory secured the engineer's place in sports betting history, making his bet one of the most lucrative and talked-about wagers ever.