Connect with us

Sports

What Will Be The Future of Sports Betting Around The World?

Published

on

Sports betting industry

Sports betting is one of the oldest forms of betting, with some of the liveliest fans around the world. With the rise of prolific international betting sites, more and more bettors are gaining unrivalled access to their favourite teams and leagues. Not to mention, gambling for money is easier, faster, and better than ever before.

But is there a future for this massive industry? Technology is a big drive in this industry. And judging from the sophisticated advancement in the tech world, the sports betting industry can brag of a promising future. As we dive further into this review, let’s discuss what the future holds for this industry and its promising lucrative opportunity for bettors.

The Future: Trends and Expected Trends In The Sports Betting Industry Worldwide

No doubt, the sports industry has a promising future. Some decades ago, sports betting was only limited to physical meetings, where only the rich gathered to stake on their favourite horses. Fast forward to the present moment, we now have unprecedented access to different sports and a huge market right from our mobile devices.

Talking about the future of this industry is a relevant topic that should be addressed. Some of the most-seasoned bookmakers have gone aboard to feature classic trends, from accessible mobile betting to live gaming. Seeing how these operators are using the latest technology to their advantage, it is certain that the industry is making its way to a larger mainstream.

Here are some of the trends that ensure that sports betting holds a big future;

  • Micro betting
  • Virtual reality and Augmented reality
  • Peer-to-peer
  • Live streaming
  • Free-to-play games
  • In-play Gambling
  • Mobile gambling

Micro Betting

Bettors should be familiar with the latest invention of microbetting. It allows bettors to wager on short durations during a sporting event. As a classic football match is ongoing, experienced bettors and beginners can jump on during the game to predict and wager on a team scoring or making the next corner kick. That is the work of microbetting.

Virtual Reality and Augmented Reality

More sophisticated technology has made its way into sports betting. As a result, we are starting to see more advanced trends, like Virtual reality (VR) and Augmented reality (AR), in sync with sports betting. Live sporting events in physical venues are usually available for only a few people, making the event physically inaccessible to many others.

Seeing how virtual reality works, by fully incorporating it into these live events, players will be able to get a near-physical experience of the event. With sports gambling on the rise, too, it is only a matter of time before streaming and staking with VR will become a usual thing.

Live Streaming

If you are a sports fan, you should know there is no enjoyable gaming and betting like that of live streaming. In line with in-play gaming, live streaming allows you to follow your favourite teams and leagues to place live bets during the match. Like microbetting, this is one of the growing trends that prove that the gambling industry has a bright future.

Final Thought

For an industry to hit a value of around $218.5 billion in 2019, such an industry certainly has a promising future. Sports betting has evolved into one of the simplest forms of gambling for real money. All thanks to the great innovations inspired by technology, sports betting is anticipated to attain greater heights in the nearest future.

Click to comment

Leave a Reply

Sports

Analysis Reveals Wilfried Zaha as Africa’s Most Handsome Athlete for 2024

Published

on

Wilfried Zaha

By Dipo Olowookere

An analysis has shown that an Ivorian footballer, Wilfried Zaha, is the most handsome African sportsperson in 2024.

Zaha, who opted to play for Cote d’Ivoire after the Three Lions of England snubbed by him, currently plies his trade in Turkey for Galatasaray.

He moved to Turkey from England, where he played for Crystal Palace, and was one of the stars of the football outfit.

In research conducted by Bettors, Zaha topped the list as the most attractive African male athlete of 2024, closely followed by Odion Ighalo, a former Nigerian striker, and Akani Simbine, a South African sprinter.

The Most Handsome African Athletes of 2024 rankings used the golden ratio as a benchmark for facial attractiveness.

This study carefully analysed high-quality images of athletes from various sports, offering a fresh perspective on their aesthetic appeal.

The methodology involved selecting three high-quality images per athlete, sourced from official sports archives, media outlets, and verified athlete profiles, ensuring accuracy and clarity, according to the results of the research made available to Business Post.

Fourth on the list is Alex Iwobi of Nigeria, who plays for Fulham FC in England, and a Tanzanian footballer with Greece’s PAOK, Ally Samatta, is the fifth Most Handsome Athlete in Africa.

Ghana and Arsenal’s midfielder, Thomas Partey, is sixth, Senegalese Kalidou Koulibaly is seventh, Pierre-Emerick Aubameyang of Garbon is eight, Ivorian Cheick Sallah-Cisse is ninth and Senegalese Reug Reug is number 10 on the list.

Continue Reading

Sports

Premier League Festive Fixtures Begin on DStv, GOtv

Published

on

Premier League Festive Fixtures

Second-placed Arsenal and ninth-placed Manchester United will square up at the Emirates Stadium on Wednesday in the first big match of the Premier League festive schedule.

The action-packed month of December will see each Premier League team play six matches within the next 28 days, with Champions League, Europa, Conference League and Carabao Cup matches in between.

The Gunners face the Red Devils knowing there’s no room for error in their chase of Liverpool who are nine points clear at the top of the table. United lost on each of their last three visits to Arsenal but will bank on the new Manager bounce. United Manager, Ruben Amorim, led Sporting Lisbon to a penalty shootout win over Arsenal at the Emirates in the Europa League round of 16 encounter two seasons ago.

During his press conference, Amorim charged his team to be brave against the Gunners. “Arsenal is the best team I’ve faced by far, they are in a different moment. But every game is a big test now because there are few days to train and we have to manage the minutes of every player. But I want my players to be brave to play this game. We need to have the ball and dominate moments of the game,” he said. United will be without Lisandro Martinez and Kobbie Mainoo due to suspension. Tune in to catch the action as it unfolds live on DStv channel 203 and GOtv channel 66 at 9:15 pm on Wednesday.

In the other big match of the day, Liverpool will aim to continue their impressive run when they visit Saint James’ Park to take on Newcastle in one of the 8:30 pm matches on Wednesday. The match will also be available on DStv and GOtv.  Newcastle lost 2-0 at home to West Ham last Monday and will be desperate to prevent a consecutive home defeat in front of the Geordies.

Other matches on Wednesday include Southampton vs Chelsea, Aston Villa vs Brentford, Manchester City vs Nottingham Forest, and Everton vs Wolverhampton Wanderers. On Thursday, Fulham will host Brighton while Bournemouth welcome Tottenham Hotspurs to the Vitality Stadium.

Customers can enjoy all matches this festive period by reconnecting their DStv or GOtv decoders. Simply dial *288# to renew or upgrade your subscription. You can also take advantage of the GOtv Golden Window and upgrade to Supa Plus package for N13,900 instead of N15,700. You can also download the MyGOtv app for a better self-service experience.

Continue Reading

Sports

What is SRL & Why is It Better Than Virtual Football

Published

on

Virtual Football

Today’s sports betting services are way more advanced than several years ago. Modern punters can wager on all kinds of sports from the comfort of their homes. Aside from the standard alternatives, however, players can also bet on virtual sports and even take part in the simulated reality league (SRL).

Unlike Virtual Sports, which has been around for years, SRL is relatively new, meaning that not a lot of people know about it. Although it has its specifics, a lot of punters agree that it can be better than v-sports, especially virtual football. There are many reasons for it, so let’s dive in and learn more.

What’s the Simulated Reality League?

Before learning why the SRL is better than virtual football, it is important to share a few things about it. Generally speaking, the Simulated Reality League is a place where advanced machine learning tech and AI process large amounts of data from numerous sporting events. Thanks to that, the AI algorithm can create different numbers of situations, gameplays, and outcomes.

To put it in other words, this complex system uses the real performance of teams or players and creates a similar sporting experience where the results are unpredictable. Unlike in Virtual Sports, where everything is based on the RNG system, here, the Simulated reality league matches are based on the performance of the players and teams. In the case of football, the league offers matches from the world’s best football competitions, such as the EPL, La Liga, and the Bundesliga, and all of them take place at the same time as the real games.

It’s no surprise that the Simulated reality focuses mainly on football because this is the most popular sport in the world. With that said, it is also possible to find simulations for cricket, especially the T20 format that includes the Indian Premier League. Additionally, players will find daily coverage of the big WTA and ATP tennis tournaments.

The specifics

Since Simulated Reality is not that common among sports bettors yet, many people are not exactly sure how it all works. The most important aspect to remember is that everything is unpredictable and exciting. The matches are simulations of real-time events, and AI and the RNG tech ensure that the result is not predetermined. Instead, it is based on what’s happening in the match, making it much more exciting.

AI is the main star of the show here and is the “engine” behind everything. The people behind the SRL train the algorithm to process a lot of data and come up with unique sequences. The latter replicates the real match, providing bettors with a unique experience.

Since all Simulated Reality is new, it also means that people who have not used it so far will have a completely new experience. As we have seen, SR is very different from virtual sports, so it will be something that players will be interested in.

Things to keep in mind when comparing SR to Virtual Football

As mentioned, these two have many differences that people need to take into account. Perhaps the biggest one is realism because V-sports are just simulations that are entirely based on RNG. This means that their outcomes are random and have nothing to do with the real performance of the teams and players.

Those who decide to bet on the Simulator Reality League, however, will see that the latter uses a different algorithm. In other words, players have various types of experience.

With that said, there are some drawbacks of the SRL that bettors need to take into account, one of which is availability. Virtual Sports are available around the clock, which means you can bet on them at any time of the day. The SRL, on the other hand, is based on actual matches across football, cricket, and tennis. This means that there are only a handful of events per day.

The second drawback that users have to take into consideration is the match’s length. As mentioned, virtual sports are always there when you need them, and each match lasts no more than a couple of minutes. This allows you to bet on multiple options.

Due to how it works, the SRL is not like that because the matches there take as much time as the real ones. In the case of soccer, players will have regular 90 minutes of play.

Conclusion

Despite some disadvantages, the SRL is a very attractive option for people who want to bet on football. The new tech is somewhat between real sports betting and virtual sports, so it will definitely have a lot of fans. It will be very interesting to keep track of this option’s future development.

Continue Reading

Trending