The 21st century has proven that people can Bet on almost anything. If you tune on your TV, you would realize that major betting sites have betting shows where you can put a wager on baby names or even the death fate of a celebrity.
However, Sports betting is still the number one choice for a lot of people around the world. It is estimated that the sports betting industry is worth between $700 billion to $1 trillion including both legal and illegal markets.
Football makes up about 70% of its profits and revenue. With https://www.betway.ug/, did you know you can bet on nearly any sports match?
How is technology impacting the sports betting industry?
Technology has revolutionized the way things work in the world. The Gambling industry has always been keeping up with the growth of technology to provide a better consumer experience and still enhance competition.
The growth of technology has facilitated the market to be flooded with mobiles phones, laptops, computers and other devices which you can use to access various betting websites. But this age can merely be referred to as the smartphone era because there is nothing you can’t do without your phone. Mobile applications have made everything easy; there is an app for everything.
According to GSMA data over five billion people own a phone. This means that two-thirds of the world’s population carry a phone and use it for their day to day activities. The betting industry has taken advantage of this situation, and mobile apps have been on the rise. Mobile betting apps offer a convenient way for punters to place a wager on their favorite sports.
There are a plethora of mobile apps which are available in the market. Therefore it is not shocking that there are free sports betting apps which are waiting for you to download them. This has become a norm for betting sites which are trying to earn thousands of downloads as they compete with other mobile betting apps.
What are the advantages of betting online?
The evolution of sports betting can fill up this article, but one thing is for sure things have changed a lot due to the power of the internet. You can do anything as long as you have a device and the internet. The betting sites keep on getting so much better and placing a bet has never been this easy. If you are new to sports betting here is a look at some of the advantages of online betting.
- Imagine relaxing on a Sunday afternoon waiting for your favorite football match. Then you hear that the best player of the team has had an injury and they are likely to miss the game. Your intuition tells you that the other side is more likely to win. So what do you do?
- You log in to your account using your computer or smartphone.
- Fund your account by depositing some money.
- Place the bet.
- Wait for the game.
The best part about online betting is that you will not even have to leave your couch so that you can change or place a bet.
- It is easy.
If you are new to sports betting, then it might be a daunting task placing a bet at a local shop. However online betting is not intimidating at all. All you need is to create an account which will take you only a few minutes. You will need to provide a username, a password, and a few other personal details. Then you will be required to select a method of depositing funds.