📜 The Origins of Surge Betting (Before 2000)
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🎰 Birth of Betting Exchanges
Year: 1999 Event: The launch of Betfair revolutionizes betting, offering a platform for consumers to bet against each other. -
📊 Early Online Betting
Year: 1998 Event: First online sportsbooks begin to appear, paving the way for future innovations.
🚀 Surge Betting Emergence (2000 – 2010)
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💡 Introduction of In-Play Betting
Year: 2000 Event: In-play betting allows users to place bets on live events, significantly increasing engagement. -
📈 Surge Betting Defined
Year: 2005 Event: Surge betting starts to emerge, capitalizing on rapid odds changes during live matches.
🌍 Surge Betting Popularity and Regulation (2011 – 2020)
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📱 Mobile Betting Revolution
Year: 2012 Event: The rise of smartphone technology allows for surge betting on-the-go. -
⚖️ Regulation Changes
Year: 2014 Event: Countries begin implementing regulations to govern online and surge betting markets. -
📊 Big Data Utilization
Year: 2018 Event: Betting companies start using big data and algorithms to provide live betting odds.
🏆 Future of Surge Betting (2021 – Present)
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🌐 Rise of Esports Betting
Year: 2021 Event: Surge betting expands into the esports sector, attracting younger audiences. -
💻 Integration of AI
Year: 2023 Event: Artificial Intelligence is increasingly used for predictive analytics in surge betting.