The betting market has shifted to embrace sports betting, and with it, a whole new world of opportunities has opened up. Thanks to the legalization of sports betting in states like Nevada and New Jersey, more people are trying their hands at betting than ever before and the money flows in due to increased volume. The convenience of online betting has also contributed to making sports more accessible to the average person, and that’s a good thing.
The Growth Of Online Betting
In the past, people would travel to casinos and bet on sports there. However, with the growth of online betting, the ability to place wagers from the comfort of home has become commonplace.
The benefits of online betting are clear: you can place bets whenever you want, wherever you want, and most importantly, you can do it whenever you want and from the comfort of your home.
The convenience of online betting has made it popular with people who bet frequently or who have a busy schedule. They may use betting software to place their bets for them, or they may simply use a betting parlor that offers such software. Whichever method they choose, the ability to bet from the comfort of home has significantly increased the ease with which people engage in sporting activities.
The Growth Of Mobile Gaming
Thanks to the ever-expanding mobile gaming space, people are now able to engage in sporting activities on the go. Mobile gaming has taken the world of sports betting by storm and the ability to place wagers anywhere and anytime has been a great boon to the industry.
Those who use mobile gaming to place wagers may do so through an online betting app or they may simply use their mobile device’s browser to access a website of a betting provider. Either way, the convenience of mobile betting has made it popular with people who are on the move a lot or who have a hectic schedule.
Increased Accessibility
The increased accessibility of sports thanks to technological advancements and the growing popularity of online sportsbooks has made them more available to the average person. Thanks to the internet, people can access in-depth information on virtually any topic, including sports. Thanks to sites like Wikipedia and Google, it’s now easier for people to research and learn about sports than ever before.
With more people researching and learning about sports, it follows that people are also becoming more familiar with various terms and terms of sports. When someone becomes educated on the topic of sports, they often also become interested in handicapping odds and making wagers on sporting events. Thanks to the internet, anyone with a computer and an interest in sports can now easily access the information they need to get started.
Being able to access such a wealth of information easily and in-depth has really helped drive the growth of online betting. As much as we all love to watch professional sports events live and in person, the internet has opened up the world of sports to everyone.
More People Trying Their Hand At Betting
Due to the ease of accessibly sports information and mobile betting, more and more people are trying their hand at betting. In fact, in 2018, there were 1.65 million reported cases of Predatory Schemes in Sports Betting. That’s a 16% increase from 2017. The number of cases reported to the National Football League (NFL) – the most popular sports league in the US – increased by 35% in 2018.
The ease of accessing information on sports through the internet has made it popular for people to research and learn more about betting in general. As much as fans enjoy watching their favorite teams play live sports events, the odds are heavily in favor of them betting on those games as well. With the rise of online betting, the ability to research markets and odds and make educated wagers has become a whole lot easier.
More People Engaged In Social Activity
The rise of social media and the influence of online communities has led to an increase in the number of people participating in social activities related to sports. From watching game replays and discussing plays with people to tracking stats and following league news, sports fans have adopted social media platforms to stay informed and connected to the world of sports.
Those who engage in social activities related to sports will often do so through live commentary, re-live games and in-depth analysis on sites like YouTube. Thanks to the rise of social media and online communities, people are able to have more interactions and engagements with others around sports than ever before. While watching a game at home might be great, getting on social media and engaging with other people through sports is even greater.
The Growth Of Legal And Illegal Sports Betting
Thanks to the growing popularity of mobile gaming and online betting, as well as the loosening of gaming regulations, there has been a rise in the amount of people engaging in sports betting activities that are both legal and illegal. While the ability to research odds and make educated wagers has been a great boon to the industry, it’s also opened up the doors to people who may want to take advantage of online betting for illegal activities. The lines between legal and illegal sports betting have blurred, which is great for consumers but potentially dangerous for the industry as a whole.
Increased Engagement With Sport
Thanks to all of this change, the world of sports is now accessible, convenient and interactive. While technology has increased our ability to follow sports, it has also increased our ability to engage with sports as well. Social media platforms like Twitter and Facebook allow for increased sport-related engagement, while mobile gaming has made it possible to follow games and sports 24/7, anywhere, and from the convenience of one’s fingertips.
The lines between sport and entertainment are blurring, which is great for fans but potentially dangerous for the industry as a whole. Technology has truly changed the way we engage with and follow sports, making it more about entertainment than anything else. While live sport is something that will never die out, the way we enjoy and follow it has changed. Thanks to technology, live sport is now only a tap away.