Sports betting has evolved significantly over time, transitioning from informal wagers to a structured multi-billion-dollar industry. The rise of online betting platforms has made it more accessible, allowing fans to engage with their favorite sports in new ways. Changes in legislation, especially in regions like the United States, have further expanded the legality and regulation of sports betting. This evolution has led to increased sponsorships and media partnerships, enhancing the visibility and influence of sports betting in contemporary sports culture.