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Online sport betting -what is it about? Sports betting is mentioned in a few of the oldest books, so it has existed for as long as history accounts. In its modern form however, things are still rather new. In the begginig of the 20th century providers of betting odds such as Leo Hirschfield’s Athletic Publications, Inc. first appeared. These services utilized scouts, employed mathematicians and delivered odds to bookies via telegraph. Nowadays you don't even have to go out to bet on a race, as you can do it on the internet! Websites like bet365 are available in dozens of currencies and languages with unique bonus offers for each. Surely, the internet is now the best way to bet sports and this is just what our website covers. We will try to explain here to the people that are extremely new to online betting how exactly things work. When you place a bet you are entering into an agreement with the bookie. Placing a bet means that you are willing to stake a certain fixed amount of money against the bookmakers to predict the outcome of an event correctly. If you are correct then the bookmaker will pay you the sum of money he has promised to you, when you to placed the bet.