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Online Gambling – The Future of Sports Books And Casino Games
With huge advancements in the technology behind both the internet and mobile device platforms, we can see that online gambling will be more or less continuously changing over the oncoming years. Though the nature of the actual casino games may stay the same, with a dependence on luck and the physical limitations of our own bodies, the way they are accessed and played will be very different. For sports betting, there are going to be some big changes ahead, especially in how wagers are laid.
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The Future Of Online Gambling
Imagine that you had to travel back to the 1950s. You could see what the people thought the future might hold at the turn of the century. Then you would have a clearer understanding of how difficult it is to predict the future. They may well be trends in both behaviour and culture. But these can change direction very easily with the advent of new technologies. On a practical note, we could all be millionaires. If only we knew what to invest our pennies in today, which will bear fruit in the near future. The same holds true for hobbies and interests, including the world of online gambling.
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Due to the nature of the many games, some aspects may not change. That’s because there’s an innate reliance on both luck and chance. But the gameplay could well evolve into something different. This would be thanks to a greater dependence on the internet, and technology in general. With the continuous advancement in the methodology by which we interact with machines and AI, maybe we are presently closer to the 21st-century world as predicted by our grandparents.
Mobile Betting
The sheer convenience of being able to whip out your phone and within a couple of swipes of your finger, be online and gambling, has changed the way we interact with gambling entities. As the internet continues to grow even faster, we’ll see more emphasis on providing content for mobile devices. In fact, we can already see that many companies are providing mobile optimised websites to help you win the jackpot online. Notice that these have been optimised for portable devices and can be upscaled for desktop use. Not the other way around. For one of the best online casino experiences, we highly recommend King Billy Casino. They have a massive number of games. Also, they offer a very sweet welcome bonus. It’s for all new players, and is 151% up to €/$500 plus 51 bonus spins!
Live In-Play Betting
This increase in the use of Internet technology, along with accelerating speeds of delivering data, has allowed more sports bets to be placed during live gameplay. The catalyst that was driving these changes is now more complex than ever. But they offer a faster and more reliable service, than the old-fashioned odds traders. Today, betting action occurs within seconds as opposed to minutes. The fact that you can bet during any part of a game or race has introduced many more options to online gambling of both winning and losing. This will bring you closer to eventually winning the football jackpot.
Cash Out in Online Gambling
This is a relatively new aspect of gambling. The punter is able to cash out his wager before the end of an event. It has introduced a new tactical dimension to sports betting. This is a great means of mitigating risk. But be wary of its use, as it’s effectively giving a double margin to the bookmaker.
Betting Exchanges
As betting systems grow, technology is searching for solutions for any problems and queries that are bound to show themselves in an ever-expanding and complex system. This has led to the increased popularity of exchange betting. More and more punters are flocking to these. Especially as they become familiar with these new systems as well as more trusting of them.
Online Gambling Specialist Betting Sites
In order to grow, as well as maintain their businesses, today’s bookmakers are taking an interest in multiple products. In fact, you’ll find that most reputable betting sites offer not only casino games or sportsbooks, but also wagers on the financial markets and currencies. Thanks to the advancements of technology, we expect to see more and more specialization coming online in the near future. This will give many more options for gamblers. They will be able to wager on a greater variety of activities, rather than having to stick with traditional sports and casino jackpot games.
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More Streaming
Today more and more people have access to information via the internet. Much more so than they do through television or any other medium for that matter. Online gives massive exposure to thousands of streams of different sporting events and games. As a result, this drives greater interest towards rarer and more unique sports. We’ll certainly see an uptick in the number of sportsbooks that are actually streaming sports live. Many of today’s sports gain a large percentage of their income from selling broadcasting rights. We can only see this trend increasing in the near future.
Online Gambling Algorithms
The pricing of odds is still largely conducted by humans. In the near future or you’ll see artificial intelligence playing a greater role in the odds predictions. Thanks to its speed, this role certainly helps increase the market size. Though in many of today’s sports, AI is already in use to set the odds lines. These are constantly being checked and double-checked by real human sports bookmakers, who are looking to optimise their market exposure. But as artificial intelligence becomes more sophisticated, we can expect to see it playing a much greater role in the mathematics of the marketplace.
Online Gambling Using Voice Betting
This is something that appears to be very overdue at the moment. Especially considering how good the various voice applications are at recognising the spoken word. How much easier online gambling would be if you could go to online casinos to win the jackpot and then lay your wages by simply talking into your portable phone.
Global Betting?
Global betting restrictions are the bane of the sports betting and gambling industry. The fact that you may be able to lay a football bet in the UK, and yet the minute you go to France or Spain, it’s illegal for you to do so. This seems almost archaic in the 21st century. Sometimes these laws tend to make your head spin. For example, in the UK we have a very traditional and conservative country. And yet they have some of the most open gambling regulations. Across the pond to the USA, and you’ll find a country that constantly reminds you not to worry about its liberty and freedoms. Yet you’ll find that online gambling is largely illegal.
The Future of Online Gambling is in Crypto
In the future, we all see either greater restrictions on online gambling or conversely an opening of gambling markets. In fact, we believe this will be in connection with the blockchain and cryptocurrencies. They are decentralised and offer opportunities that individual governments will find hard to police. Hop over to King Billy Casino and you’ll find a casino that accepts many types of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH) and USDT (Tether).
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About the Author
A former photographer, Jonathan has written extensively about the gambling industry over the last few years. Though perfectly happy chatting at a gaming trade show or lounging in the casino, his favorite place is on a motorcycle with his trusty hound, Yol.
