How to Prepare for the Future of Online Sports Betting

by Jack Johnson Designer

Almost every sports bettor often wonders about the future of online betting. The introduction of live betting and withdrawal options in sports betting indicates that the future of the industry is more mobile-centric. The evolution of the mobile market has completely changed the way people bet on various sporting events. This is the same change we saw when the sports betting market moved from offline to online.

With over 70% of bookmakers now trading via mobile devices and apps, it's fair to say that mobile gamification is the future of sports betting.

The evolution of mobile games

The mobile sports betting market and latest slots has grown significantly over the past few years. This growth has obviously been driven by an increase in the number of mobile users around the world. The basic process of creating an online sports bet remains virtually the same regardless of the device you use. However, mobile technology has greatly influenced (mostly improved) the communication process between bettors and bookmakers. Cash out and play in play are two of the biggest developments we have seen in online sports gaming in recent years.

Let's find out more about them

Withdrawal of funds. This is a special feature offered by some online sports betting sites, especially mobile sportsbooks, where the player can take his money and winnings and place a bet at any time during the game. This is an effective way for players to ensure their profits. As they say in gambling, quit while you're winning. However, most betting operators do not allow players to cash out until the end of a particular game or round. Withdrawal is a method that provides this opportunity.

In Game. As the name suggests, this is a type of bet in which you can place bets after the start of a certain event and at any time before its end. It is most common in football, cricket and horse racing. In-play betting, also known as live betting, apparently gives players better odds and more opportunities to win than the regular alternative.

The next biggest change will likely be the transition of popular mobile games to mobile gambling. Mobile gaming apps have been used by thousands, even millions, of users in recent years, and it's fair to say that this will further encourage other industries such as sports betting in the future.

Mobile game betting

As we already know, online gambling is not much different from mobile gaming, the only difference is the two types of games. News about the huge success and popularity of mobile games like Candy Crush and Angry Birds is not known to anyone. This further encourages mobile betting operators to come up with new but similar gaming ideas for their purposes.

Displaying advertisements and other money-making methods is also very common in mobile gaming apps. Thus, there is a high possibility that gaming companies may consider using the betting feature in their mobile games to earn more money from them. Players will also love this as the betting is much less annoying than the ads that pop up during the game and players will have a real chance to make money doing what they love to do.

There are already some gaming companies and sportsbook sites taking the necessary steps in this direction, with 888sport being an example. The company recently released a new game based on the Pokemon Go concept along with a free bet option. The game uses advanced technologies such as geo-tracking and augmented reality ( AR ) to provide players with the ability to place bets. This is quite a fresh concept that other online sports betting sites are looking forward to. However, the only condition that must be met for this concept to work is that the mobile game must be something similar or related to the sports industry. This is important to ensure that sports bettors feel like they are gambling and not just a mobile game.

As for the conclusion, gamification definitely seems to be the best next step for the online sports book industry. It may experience some initial difficulties, but it will definitely work in the long run.