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With the development of technology, online betting became the mainstream in the industry in the early 21st century. In the late 20th century, online betting began to flourish. Websites such as Bet365, William Hill and PokerStars opened up a new market where players could bet from anywhere, as long as they had an internet connection. The development of technology helped expand the global betting market, with millions of players participating every day. The online betting industry has completely changed with the advent of online casinos, online poker and online sports betting. Companies also integrated technologies such as live streaming and real dealer games, giving players the same experience as in a real casino. In the late 2010s, blockchain technology and cryptocurrencies such as Bitcoin began to be applied in online betting. Online casinos and bookmakers are starting to accept these payment methods, creating a more secure and unmonitored betting environment.
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Economically, the betting industry not only generates revenue for providers but also brings significant benefits to related sectors such as technology, media and finance. Many technology companies are involved in developing modern betting software solutions and applications, creating more job opportunities and promoting the development of the technology ecosystem.
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This is one of the oldest and most popular forms of betting. Horse races not only take place at racetracks, but are also broadcast live around the world so that bettors from all over the world can participate.