The history of betting in France goes back centuries. In the 16th century, residents of Lyon became known as the original gamers of France. After a series of wars in the 15th century in which the French suffered the loss of soldiers and finances, they turned to gambling. They developed a liking for it and also used it as a way to raise money.
In the 1600s, Louis XIV banned gambling, with penalties that included life imprisonment. The first betting house in France was founded in 1718, and by the 1800s, betting had become widespread. The Ministry of the Interior created a national agency to oversee gambling activities.
But it wasn't until the 1900s that it flourished like never before. In the 1900s, France was one of the first countries to legalize betting. In 1921, the government established a commission to monitor betting and ensure its legality. This commission promoted off-track betting, and it became legal for gambling to take place on horse racing tracks.
There were a few horse race tracks used for betting at the time, and all operated under the same rules. The Vincennes Racecourse was the first racecourse and is still in operation today. The others were demolished some time ago.
Gambling in France has been historically linked with periods of significant social change. From the early days of the French monarchy to the modern era, gambling in France has served as a means of entertainment and profit for many people. Today, France remains one of the most popular countries for people to gamble in.
The gambling industry in France has a long history with some of the most well-known establishments in the country. Roulette, as well as blackjack, have had contributions from the French during their developing stages.
Not many know that during the 16th century, the Nobleman in the deck was replaced by the Queen. Moreover, the now famous roulette wheel was invented by none other than Blaise Pascal, the renowned mathematician from France. This was instrumental in developing the game. Parimutuel bets first started in France in the 1870s.