Sports betting has always been quick to adopt the new technology to broaden its reach and availability to the millions of sports enthusiasts. Online sports betting industry has been growing on a yearly basis since 1996 with the widespread adoption of internet services globally. Over the years, the chance in the public perception related to sports betting has changed from being a ‘vice’ to a ‘leisure activity’. The first sports to go the online betting route were poker and bingo, and they gained prominence, popularity in no time. Both of these games and their rip-offs were quite easy to play, had low stakes and were ‘free cost’ to begin with to attract new players. Technology has helped the sports betting evolved in multiple ways in the last three or four decades. It has been able to keep up with changing time, technology and trends of the modern world like no other sector.
Mobile betting has changed everything
In the sports betting scene, the advent of mobile betting emerged as a major game-changer altogether. Sports betting industry has been quick to modify their existing online games to offer a more convenient way to watch and bet from their small screens. It allowed individuals to place bets from any corner of the globe with reliable network connectivity. So now people didn’t need to go to dedicated betting kiosks, websites or other places rather they can easily place bets before or during the games with their phones. Mobile-based sports betting, like on maxbet, started generating huge numbers and very soon it will surpass other sports betting alternatives to become most-used betting method.
Jurisdiction free sports betting is coming
The developers of sports betting are right up to mark to embrace the new upcoming technology like virtual reality, augmented reality and blockchain. A number of enterprises have started experimenting with the AR, VR & blockchain technology which are seen in the next stage of technology evolution in the consumer space. Betting with such technology at user disposal will not just help in enhancing the viewing experience of the users but also the betting experience.
Sports betting free from the land-based laws and operating exclusively in the international waters is nothing more than a figment of the imagination of both punters and bookmakers. However, modern-day technology is just going to bring in the coveted ‘jurisdiction free’ sports betting where bookmakers can work without any major jurisdiction. This will help bookmakers in operating at lower costs and pass on the benefits to the customers in return.