Introduction
Betting on sports is a process in which persons bet on the outcome of various sporting events. Modern bookmakers offer a wide range of betting options, from predicting the result of a match to more complex bets such as the number of goals or points a particular player will score. This demonstrates the industry’s ability to cater to the diverse needs of its customers and highlights the importance of sports betting in the world of sports. This article confidently examines the impact of sports betting on the sports industry. We will look at both positive and negative aspects, analyse the economic, social and ethical implications, and examine what measures are being taken to regulate and control sports betting.