Online betting is any type of betting conducted over the internet. This includes casinos, virtual poker and international sports betting. The first online betting venue open to the public, was ticketing to the prestigious Liechtenstein International Horse Racing Event in October 1994. The success of this event paved the way for an avalanche of similar betting events throughout the world. These gambling venues have remained consistently popular ever since.
In the United States, online betting has experienced a surge in popularity with the election of President Obama. With millions of potential voters in the United States, many of which are registered but uninformed about the candidates, online betting offers the opportunity for citizens to make an informed decision about the upcoming elections. With this newfound public awareness and interest, several new jersey voters have elected to partake in online betting festivities over the past several weeks. This surge in voter interest has led online bookmakers to raise their stakes, in hopes that they will soon earn a significant profit from this new market.
In a recent interview on CBS This Morning, Steve McKee of Ladbrokes said that there has been an average of ten percent increase in online betting activity every single day. The majority of these New Jerseyans who use the Ladbrokes sportsbook do so to bet on the New York Giants, New York Jets or New England Patriots. The New Jersey Devils are not yet included in the list of teams that offer online betting opportunities. While New Jersey is certainly not considered the football capital of the world, sportsbook experts predict that this trend will only continue in the upcoming months and years.