The world of sports betting has seen a massive surge in popularity. Surely, this is something that you have noticed too? With the figures for sports betting said to become 54.7 million users by 2029 in the United States alone, it must be hard for you to try to ignore the inevitable, which is that sports betting is here and not going anywhere. Now, this is certainly a change in online wagering and if it is an industry that you’d like to be part of, there are certain factors for you to consider and be aware of.
This article aims to teach the novice or perhaps even the skilled punter, who is not aware of the technological advancements that have come about, some of the biggest reasons behind the rise of sports betting and also, the areas to perhaps focus on so that as much enjoyment can be extracted.
Online Safety and Security
You can’t deny that online safety and security have become a lot better over the past years. Don’t even think about sports betting just yet, if you just consider how you engage with anything online – it’s much safer than before.
Now, the impact this digital safety has had on you as a sports betting fan is immense and as you can imagine, due to the elevated security, more players are trying to get in on the action and subsequently new platforms are cropping up. It is your job to find the safest betting sites in Florida if you want to engage with more sports betting activities, as this will give you more peace of mind when engaging in games.
As there are many different ones out there, it’s a bit tricky to choose between them, however, if you use your past experience or start with the ones that seem to be more popular, you’re off to a good beginning already.
The technology of blockchain software, password protection applications (apps) and digital wallets has completely changed the face of sports betting and the safety associated with it. Thanks to the improvements in these areas of tech, you get to experience something punters from a decade ago would have only dreamed about – safety, transparency and gaming anonymity. The ultimate trifecta.
Here Comes Mobile Betting
Another development that you can’t deny has taken center stage is the mobile phone In your pocket, in your hand or attached to your ear – it’s always on you. This is something that sports betting sites also picked up on, which is why they have tweaked their games to suit a smaller digital interface, namely the screen of a phone.
Currently, the revenue of sports betting lies around 14.3 billion dollars in 2024 alone, the number of those bets placed on mobile phones is still unclear, however, if you use your logic and think about how much you now do on your phone, you can create a strong ‘guesstimate’.
The way that online sports betting sites have managed to make your online gaming experience sensational on your mobile phone screen is through something called UX design which is short for user experience. There are UX designers out there whose job it is to imagine the online journey of a client, create a roadmap surrounding it and then develop a site that seamlessly works for those clients, hitting them at every touchpoint. This is what you experience when you’re on an online sports betting site. Every cleverly designed button or easy pathway of navigation is no accident, it was carefully curated for you. This level of foresight and expertise is what has elevated sports betting into the next stratosphere.
The Advancements of Micro Betting
A further nifty technological change that has been introduced over the past years is known as micro-betting. Just as the name implies, this is the act of you now being able to place bets on smaller actions. This might not sound like something huge, however, it actually is. By being able to place smaller bets, a whole world of new players is not entering the market. You are no longer stuck to large bets but can lay a wager, even the smallest one, thanks to micro-betting.
If you’re still struggling to understand it, it’s perhaps easier to use an example. Say you’re watching a game of soccer, through micro-betting, you would be able to place a bet on whether or not you think the ref is going to issue a yellow card to the player who just fouled someone or whether a goal is going to come from a corner. Small actions, small bets but the opportunity to place as many as you like within a game. If you are looking for small opportunities to bet on within a 90-minute match, chances are you can make hundreds of bets in that time, meaning that you are totally engrossed in the game, again, a feature and characteristic that has made sports betting even more famous than it already was.
Technology Has Changed the Game
Technology is the thing that is behind the rise of sports betting. The safety that you now get to experience, merged with the fact that you can bet on the go and even place small bets, is something only possible due to advanced technology.
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