Online betting is any form of gambling conducted over the internet via the World Wide Web. This includes casinos, virtual poker, and even sports betting. The first online betting site opened for public, to the public in fact, was ticketing for a special tournament organized by the Liechtenstein Grand Poker Tournament held in October of 1994. Online betting has since grown exponentially and is now more popular than many land-based forms of gambling. The popularity is not only due to its convenience but also because there is a lot more to this form of gambling.Online betting is not just convenient but also has a number of benefits compared to other types of gambling. There are a number of different forms of gamblers who take part in online betting including professionals, amateurs, gamblers from all around the world, and many more. For instance, the top bettors in the World Series of Poker are known for their prowess at online betting and their ability to make quick money. In fact, many professional poker players are quite fond of online betting and regularly use this method to earn big money. Most people who participate in online gambling are usually beginners as they are still trying their hand at online betting but they are constantly on the look out for new opportunities to play in order to earn some cash. The Internet has definitely opened up a whole new world for most gamblers and it looks like this is only going to grow in popularity in the near future.As with everything else, there are some pitfalls that you need to avoid when you are into online betting. There are also a number of sites that offer online betting services but in reality, they only provide a fraction of what the real game offers and are not as credible. When you decide to wager on a sporting event, be sure to check out a number of sites first before you actually sign up with the service. These websites offer great service at a very reasonable rate.