Online sports betting is more popular than it’s ever been before. No matter who you speak to (whether it’s close friends or work colleagues), at least one person in your life will enjoy betting on sports. In fact, according to research, 4.2 billion people around the world gamble at least once a year, with online sports betting being one of the main outlets for this. Pretty impressive, right? Make no doubt about it: the future is very bright for online sports betting and the betting industry more broadly.
If you like to dabble in online sports betting yourself or are thinking about trying it in the near future, you might want to know what kind of experience is in store for you. Here’s what you need to know about the future of online sports betting:
Firstly, Sports Betting Models Will Take Over
When people place sports bets online, they do it for one reason: to win.
Nobody likes the feeling of losing – especially when it comes to online sports betting. This is why millions of betting fans are now using systems called ‘sports betting models’. This type of model, such as at shotquality, analyses important team and player data to provide people with smart betting picks. The picks are more likely to be successful due to the simple fact that they’re based on data rather than subjective human opinion. The concept of sports betting models is incredibly exciting, which is why they’re going to play such a huge role in the industry moving forward.
Sports Betting Apps Will Replace Traditional Betting Outlets
For the past couple of decades, people have bet on sports through one of two ways:
- Sports betting websites
- Betting shops
However, over recent years, sports betting apps have become the norm.
Now, whether you own an Android or iPhone, you can go to your app store and choose from hundreds of different sports betting apps (most of which can be downloaded for free). The advantage of using sports betting apps is that you can access them anytime, anywhere. Providing you have a good internet connection, you can place bets when you’re out of the house with minimal fuss or effort. Plus, some sports betting apps even come with cool features such as instant score updates, meaning you never miss out on the action.
VR Headsets: What’s the Deal?
By now, you’ve probably heard about Virtual Reality (VR) headsets. Moving into the future, it’s expected that VR headsets will become compatible with sports betting apps and websites. This means that people will be able to wear VR headsets, enter the world of online sports betting, and go through a truly immersive betting experience. Although the technology isn’t ready for this yet, it’s not that far away.
The Introduction of Cryptocurrencies
Lastly, rather than betting with traditional currencies (such as the US dollar), the future of online sports betting will likely feature cryptocurrencies. What this means is that you’ll be able to place bets on sports games using cryptos like Bitcoin. If you’re a fan of digital currencies and modern living, this will likely appeal to you.