Online betting is any type of betting conducted online. This includes sports betting, online casinos and virtual poker. The first online betting venue open to the public, was ticketing at the Liechtenstein International Online Casino in 1994.
A few years later, a gaming software developer from Europe named Antonio Girolami created the Virtual Blackjack, which is basically a spin-off of the popular online casino game Blackjack. Girolami designed the virtual casino game as a replacement for Blackjack and because it could be played virtually, it gained very rapid popularity. Today, many different online gambling venues are using live dealer casinos, and also using a combination of online betting terminals and live dealers. Live dealer casinos are usually installed by the venue operators themselves or by a third party hired by the operator. Most live dealer casinos use the same software as the online casinos and operate using identical techniques.
As online betting became more popular, many internet businesses arose that dealt with betting exchange sites. These companies offer online sportsbooks, as well as other services related to betting exchange. However, not all live dealer games are exchanged through online sportsbooks; some still occur on a traditional “bookie” basis. So, if you wish to play in a live casino, you will still need to go to your local sportsbook.