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Online betting has transformed from a niche pastime into a global industry, reshaping how people engage with sports, esports and other events on a daily basis. Mobile access, live in-play markets and data-driven odds are now standard features — exemplified by widespread uptake of apps like online betting 1xbet mobile — but the growth also brings fresh questions about safety, regulation and long-term sustainability for bettors and operators alike. Understanding the ecosystem is essential for anyone who wants to participate responsibly. At its core, online betting is an interplay of markets, odds-making, user interfaces, payment systems and compliance frameworks. Operators curate markets and set prices based on statistical models and market sentiment; technology delivers the experience; and regulators try to ensure fairness and consumer protection. Each of these pillars has evolved rapidly over the past decade, driven by smartphone penetration, live streaming, and advances in machine learning that refine risk…