What Companies Will Betting Benefit?

If you’re looking for an easy way to make some extra cash, you’ve probably considered trying your hand at online betting. For those unfamiliar, online betting is basically when you place bets on the outcome of sporting events through a website. The most popular and simplest way to do this is with a sportsbook which takes care of all the complex calculations and lets you simply wager on the outcome of your favorite sports. Popular sportsbooks will have currencies like American dollars, British pounds, and European euros so you can wager on your favorite sports teams no matter where you are in the world! If you want to get started, check out our sports betting guide for more info on how to bet online and which companies to look out for.

The Growth Of Online Betting

Nowadays, online betting is everywhere. You can’t swing a cat in any town in the U.S. without hitting at least one website offering online betting. If you’re looking for a new way to spend your free time, you could certainly turn to your favorite online sportsbook and place a few bets. According to online sports betting statistics from bettor.com, there were 5.9 million unique visitors to the website in the month of March 2019 alone.

You’d be a betting genius if you could predict the winners of all 50 U.S. National Football League (NFL) games! Unfortunately, nobody was born with the uncanny ability to do that, so you’ll just have to settle for placing wagers on the outcomes of games in which you have an interest (e.g., your team, family members, friends, etc.).

The number of people participating in online betting is also steadily rising. According to a survey on the topic by the American Association of Advertising Agencies (4A’s) and the U.S. Interactive Marketing Association (USIMA), 17% of adults in the U.S. reported participating in online betting in the past year. Interestingly, this is the same percentage of adults who reported being a frequent or occasional online shopper.

Why do so many people enjoy participating in online betting? It’s fairly simple; you get to take your pick from a wide range of games (e.g., American football, baseball, soccer, etc.), and you don’t need to be in the same room as your computer to place wagers. In the aforementioned USIMA survey, 56% of online bettors reported getting the opportunity to play games they couldn’t normally access due to location restrictions or finances. This might explain why more and more people are participating in online betting even when it’s not necessarily offered where they live. For instance, the Washington Post recently reported that the U.S. Open, one of the world’s most prestigious tennis tournaments, will move online platforms next year. This is to accommodate the game’s growing popularity and to give fans around the world the opportunity to follow the tournament wherever they choose.

The Growth Of Mobile Gaming

It’s no secret that the world loves their smartphones. According to a mobile marketing company, TikTok, along with WhatsApp and Facebook, form the core of the “new digital economy.” In a nutshell, mobile gaming as we know it was born out of smartphone usage, particularly on mobile gaming apps. Thanks to platforms like Android and iOS which were designed with gaming in mind.

As smartphones evolved, so did the games. Thanks to advances in VR technology, games have started to incorporate more features and are more immersive than ever before. If you’re a fan of mobile gaming, it’s worth noting that the immersive qualities make them perfect for use in VR. Additionally, mobile games are now capable of being much more detailed than before. Take, for example, Monument Valley, one of the most popular iOS games. In the past, mobile games mostly featured bright colors and simple, flat objects. These days, mobile games can and often do feature intricate carvings, cave paintings, elaborate landscapes, and other elements which would look right at home on a computer screen.

If you’re interested in learning more about placing bets online or via mobile device, check out our sports betting guide. Not only will it answer all your questions, but it’ll also point you in the right direction to start betting online or via mobile device. You might also be interested in reading our guide to legal betting in America, where you can find out everything you need to know about legal betting in America including which states allow for it and which ones forbid it.