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How technology is impacting sports betting

ByDave Stopher

Jun 18, 2019 #Betting, #Sports

Technology influences almost every aspect of human life. From the way we pay our bills, drive our cars, monitor our houses to the way we plan our travels and gain information. Another sector which has been heavily influenced by technology as of late is the sport betting industry. Many argue that digital technology has gone as far as completely transform the way sport betting is being conducted and it is estimated that digital technology will be responsible for more than half of all sport betting by the time we reach 2020. Online sport betting is a thriving industry and many consider it to be a favourite past time of a large part of the general population. There is nothing as easy as simply going online via smartphone or tablet to find the online gaming site of your choice, place your bets and start playing. Encouraging factors such as william hill promo code allows for a high frequency among players and there are several mechanisms in place in order to make sure that players revisits the sites continuously. In the beginning it was mostly bingo etc. that was being promoted online but with the rise of effective broadband connections it has been easier to introduce entities such as online casinos.

Security is paramount

Security is paramount when playing online. In order to direct traffic to the different sites, many of the online gaming companies have realised that they need to provide a safe environment for their players. As more and more sites within the sport betting community offers top-of-the-line security it’s easier convincing players to use their services. The same sense of security is vital when using mobile technology to bet on sports. Since most people these days have access to a smartphone with high prestanda it has become even easier to gain access to different sport betting sites and players can experience a high quality performance due to the use of digital technology. The most significant trends that we have seen in the recent year is VR betting and cryptocurrency betting. The former has introduced an entire new way of participating in sport betting by the creation of multiple sports betting options at the same time. Players will be able to place micro-bets on specific sport which is thought to be the new buzz in the industry. The latter, i.e. cryptocurrency betting, holds significant advantages when it comes to betting as the Blockchain for instance allows for the use of several online bookmakers and facilitating jurisdiction free betting.

Get on the bandwagon

Technology is used to further mankind and create new ways of dealing with rising issues in society. As such the sport betting industry is wise to catch up. Falling behind in offering players secure, high-performance online betting experiences will result in major losses for the gaming industry. People live a lot of their lives online and in order to reach potential target groups that is where the sport betting industry needs to be as well, embracing digital technology and using it to their advantage.