Long-shot wins in sports-betting history
Everyone loves an underdog, especially when that underdog not only defies the longest of odds, but gives a few lucky gamblers the biggest paydays of their lives. Long-shot bets have a magical quality about them. For them to pay off, the team or athlete has to achieve what seems like the impossible and for that miraculous feat, the people who took their chances to wager on them are rewarded handsomely.
With the advent of advanced technologies and less restrictive governments, the global sports-betting market has exploded in recent years, giving rise to more long-shot bettors and a handful of extremely lucky winners. The worldwide betting market was valued around $104 billion in 2017 and is expected to reach $155 billion by 2024, according to Zion Market Research. Growth in this sector is expected to be at 8.83% between 2018 and 2024.




















