Why Mobile Betting is the Future of the Sports Betting Industry
Sports betting has been continuously growing over the last years as more and more countries and states in the US start to legalize its local operations. In the US, there are already over 20 states that allow sports betting locally and this started in 2018 when the Supreme Court of the United States has finally stricken down the Professional and Amateur Sports Protection Act of 1992 that has made sports betting illegal for a long time.
When it comes to the other parts of the world, this activity has always been warmly welcomed. This is especially in countries like the United Kingdom, Ireland, and other parts of Europe. Betting on sports appears to be one of the most favorite ways people gamble in Europe. This makes sense as sports like football are really big in European countries.
The growth of sports betting in the different parts of the world could be attributed to the fact that it’s so easy to place sports bets nowadays. Technology has made betting more accessible. You can now easily place your bets online or on apps like Big Bash Betting App.
Many people would now place their bets online and in particular, many are now using their mobile devices to be able to place their bets. There are a few great reasons why mobile betting is becoming more popular. Here are some good ones.
- Bet anytime and anywhere
What’s great about mobile betting is that you no longer need to travel to a bookie or a casino to place your bet. You can do this even if you’re at home while you’re watching sports on TV. This makes real-time or in-game betting possible.
When betting in-game, odds change every few minutes into the game. It will be hard to offer bettors odds without the internet as these odds will only be available for a few minutes. Through websites and apps, operators can then change and display odds in real-time as the match progresses.
- Easy to shop for bets
Speaking of betting odds, mobile betting has also made shopping for odds easier. If you’ll be betting at a casino, you are only left with the odds that a specific bookie or casino offers. However, if you will bet online, you get to shop for different bookies that offer different odds. This makes shopping for odds easy if you’re concerned about the type of odds or the best odds that you can wager on.
- Variety of payment methods
Transactions are also made easy when you’re betting with your mobile device. Nowadays, there are different payment methods that you can choose from. Whatever is convenient for you, you can choose to pay with your debit or credit card or use digital wallets and even cryptocurrencies.
Those are just a few reasons why bettors nowadays would rather place their bets on their mobile devices. It is overall convenient to place bets with a mobile device. This is evident in places like New Jersey where sports betting is a common activity.
It is known that the state of New Jersey gets around 80 to 30 percent of its sports betting handle from mobile betting. There are also instances when New Yorkers would go to New Jersey to place their bets with mobile devices.
New York hasn’t legalized the local operations of online or mobile betting just yet within the state. There are only a few casinos that are licensed in the state of New York that accept sports wagers. This means that the locals will have to drive up to a casino to place their bets. However, there are reports that the locals would rather hop on a train to place their bets in New Jersey.
For many experts, mobile betting is the future of sports betting and even gambling in general. There are already around 4 billion people who use mobile devices like smartphones and with that, casinos and sportsbooks operators would have a wide reach.
People are also becoming dependent on their mobile devices. It is where they do most of their activities. Now that we are in the middle of a pandemic, people are staying at home to entertain themselves. This is why casino sites have reported a spike in traffic when lockdowns were implemented. Now that sports are back, we can also expect that bettors would resort to online or mobile betting to place their wagers. This is especially now that many land casinos and bookies are still temporarily closed.