Digital technology has completely changed the face of the sports betting industry, with mobile gambling now accounting for around a third of the money wagered worldwide. By 2022, it is estimated that digital technology will be responsible for more than half of all sports betting online. The sports betting industry has always been quick to take advantage of the improved connectivity of digital technology to expand its business. Since 1996, online sports betting has grown year by year, leading to a change in the perception of sports betting as it is now considered one of the most popular leisure activities among the population.
The early days in the digital sports betting industry
In the early days of digital sports betting, it was poker and bingo that went online the fastest, both because they were easy to replicate and because they were both already popular offline. The Internet made both of these games available at all hours of the day and night, promoting play either for free or with very low stakes and bringing beginners along with them.
Broadband growth and security
Later, when broadband offered a reliable and widespread connection, the sports betting industry began to offer premium casino experiences for a better gaming experience for its customers. As with many industries that developed extensive online businesses, gaining customer trust was of utmost importance. For this reason, sports betting companies have always invested heavily in extremely secure websites, as their reputation depends on the integrity of their sites. With increasing awareness of the security of all major sports betting sites, more and more people are willing to gamble online using new technologies like the Dafabet Betting App.
Digital or technology-based factors exist as follows.
Smartphone gambling: mobile technology has brought about the most important change in the sports betting industry. Statistics also show that about one-third of sports betting takes place through mobile gambling.
Internet accessibility: most people today have access to the Internet on a daily basis. With a few keystrokes on the touchscreen of your device or desktop, you can easily cast your baits. For this purpose, you don’t have to be a veteran sports bettor.
Apps based sports betting: established betting sites are also offering various apps to place the baits from wherever you want. Technology helps to prevent people from coming to betting shops to gamble. It is a fact that betting shops have lapsed with the advent of digital technology in the sports betting industry. On the other hand, online technology-based sports betting will make up the lion’s share.
Website-based sports betting: you can easily find a variety of offshore websites to help you make sports bets. So, if you can access the computer, you can easily place your bet with just a click of the mouse. If casinos or such gambling formats have a legal right to conduct gambling, such offshore websites do not need any clauses.
A technology-based sports betting is gearing up full throttle with the help of widespread accessibility to the internet. Global trends also show that nowadays a large number of betting in games like footballs and tennis is taking place with the help of the latest digital technologies. By the end of 2020, it is estimated that digital technology-driven betting would reach half of all gambling in all sports. Betting sites are benefiting tremendously from the advent of the digital route in sports betting. Most of the reputed betting sites are putting more emphasis on offering digital technology-driven betting to their customers in an easier way.
How have cell phones & apps changed the face of betting?
The internet and cell phones have changed the face of many industries, from shopping to restaurants, it is rare that you will discover a business without a digital footprint. The same is true for the gambling industry. Mobile gambling increased 75% in 2012 and was expected to increase another 84% between 2013 and 2015, with mobile gambling more than doubling in 2014 alone. Now, the number of bets placed on mobile devices is expected to reach €100 billion, with 164 million people using mobile devices to visit a mobile casino, place a bet or buy a lottery ticket. By 2018, the mobile gambling industry is expected to take 40% of the total online gambling market. This growth has proven the vitality of mobile apps for the betting industry, but how do bookmakers ensure their businesses are still relevant when so many customers can bet from the comfort of their own homes?
