Purely in terms of the game principle, there are many similarities between sports betting and casinos on the Internet. Both are about the game of luck and probability. The player wagers a certain amount of money and with a certain probability wins a multiple of it. On the other hand, if he is unlucky, he will get nothing.
Even so, there are great social differences between these two forms of pastime. Even if there is an overlap, these offers are aimed at different target groups. And there are also differences in the legal regulations. What makes the difference between these two offers from a social point of view?
Both gambling and sports betting have a long historical tradition. The oldest cubes ever found are estimated to be around 5,000 years old. And it is known from China that gambling houses and betting on sporting events were widespread as early as the first millennium BC.
In the 18th and 19th centuries, gambling in luxury casinos developed into a privilege of the nobility and wealthy estates, while the common people often played card or dice games in pubs. Tradition in the aristocracy. In the 20th century, the borders shifted somewhat and especially in the USA casinos discovered the middle class as a financially strong target group.
And instead of horse races, bets were increasingly placed on mass sports such as football, baseball or basketball. The biggest change in the gambling landscape, however, took place around the turn of the millennium.
Online Casinos: Gambling in the 21st Century
It was at this time that the first online casinos were gaining popularity. Hardly anyone could have guessed at the time that they would trigger a small revolution. So far, gambling has essentially been divided into two areas. In the luxury sector, wealthy business people and members of the upper class played in opulent casinos such as Monte Carlo or Baden-Baden.
On the other hand, there were arcades with slot machines that the common man visited. However, they have a rather dubious reputation in society. The online casino completely mixed up this structure. Suddenly, gambling was brought closer to new target groups who had previously not had access to suitable offers.
And within a few years an unprecedented boom began that continues to this day. Go despite the high competition regularly launch new online casinos like trancedance, fight for the users’ favor. This creates a high pressure to innovate, which has fundamentally changed the concept of gambling.
Games of chance like slots are no longer associated with run-down gambling halls these days. Instead, they line up with all sorts of other mini-games in the catalog of smartphone games. With colorful designs and contemporary themes, they are aimed at both male and female audiences. Gambling has become socially acceptable again and is reaching a wide audience from all walks of life.