The betting industry has been growing and developing since the very beginning. Currently, this industry is one of the biggest in the world. But what are the main drivers for this sector? GBC Time has reviewed the top technology innovations that drive the betting industry in 2024.
Global digitalization caused by main things like COVID-19 was one of the main drivers of online sports betting success. Nowadays, people use their smartphones and other gadgets for placing bets and being fully involved in any other gambling games.
In this article, you will find out the top trendy technology innovations in the online sports betting industry.
Mobile sports betting
The option of betting able to place bets via mobile phones was an essential update in the whole industry. Currently, it is a habitual ability that does not surprise the customers anymore. More and more online sportsbooks do not stop on the regular websites, they launch more convenient and high-qualified mobile apps.
It is also not a secret that this form of betting is more flexible and has no time-requiring. Moreover, additionally to the 5G technology, mobile betting becomes even more perfect.
Secured payment methods
The payment system is an essential part of the online betting industry. It has to be not just fast but also secured and protected. Online sportsbooks offer highly-protected payment methods to retain new customers.
Moreover, with the active cryptocurrency development, online operators paid more attention to payment method protection.
Live streaming
Live streaming is definitely a trend for Generation Z worldwide. Streams and content creators share their entertainment products on different platforms like Twitch and YouTube. Online betting is not an exception on the list of popular niches for streaming activity.
Bettors like to watch online betting streams to get the odds and bits of advice from experts on sports betting.
Virtual reality
Virtual reality has been implemented in so many sectors nowadays including business, finance, gaming, and betting of course. It is a brand-new way to experience new features and quality.
The sense of these technologies in online sports betting is an option to watch football, baseball, golf, and hockey through VR headsets. It is an absolutely unusual experience in betting activity.
Find more about VR sports betting in the video at the link
Cybersport betting
Esports has been surprising the world with its incredibly fast success. Nowadays, gamers do not just play the games like CS:GO and Dota 2, but also bet on the results and match outcoming. Esports fans also have a chance to watch the tournaments and various events and place bets on their favorite team or players.
More and more sportsbooks add popular esports games to their lists.
Customer support technologies
High-quality customer support is a factor that increases trust among clients. Counting the fact of the high competition in the online betting industry, the sportsbooks keep improving their customer support technologies.
Currently, the customer support system is definitely a trend in the online sports betting market.
