WebRTC Expert Feature

November 26, 2019

How Modern Technology Has Changed the Betting Industry

We live in the most dynamical era of human history, at least when it comes to the development of new technologies. There are constant leaps forwards and the world is changing as we speak. Many industries have benefited from the latest innovations and one of them is the online betting world.

This article will explore some of the ways modern technologies have changed the sports betting industry for the better.

The Rise of HTML 5 and Mobile Betting

One of the most obvious examples is the rapid rise of mobile betting under the influence of HTML5. Up to several years ago, most bookmakers offered native apps for the likes of iOS and Android. They cost a lot and required plenty of development resources to support.

On top of that, no one bothered to produce betting apps for other platforms like Windows Phone and BlackBerry. It was simply too expensive.

Furthermore, you would often see broken designs and long loading times. The overall user experience was far from ideal.

It all changed thanks to HTML5. The technology allowed the online bookmakers to easily create mobile-responsive websites that automatically adjust to most mobile phones and tablets. Nowadays, you don’t have to download and install additional software.

Simply open the page of the bookmaker on your device, log in to your account and you are good to go. Mobile betting has never been easier and most people have quickly embraced it.

The Crypto Revolution That Opened the Door to Players from Restricted Countries

Some countries have rather restrictive online gambling laws. Online betting in the US, for example, has been hard to pull off. The government has been actively trying to prevent all types of gambling operators on the web.

As a result, PayPal almost went bankrupt and many payment operators simply won’t work with American citizens. This has been the biggest obstacle for many years, but the rise of Bitcoin and other cryptocurrencies has helped a lot.

Most offshore betting sites offer BTC and other coins. You can comfortably use them to make a deposit and then withdraw your money later on.

This has opened the door to players from the United States and other countries who are not very fond of online gambling.

The Rise Live Betting

One of the biggest innovations was the introduction of live betting online. It was a true game-changer and it’s hard to list all the technologies that allowed the feature to grow up to the point where it is now.

There are the AI tools that update the stats in real-time, the fast servers and fast data transfers that make sure the information reaches you and is refreshed instantly … the whole thing is getting better and better all the time.

As a result, most betting sites are offering countless tournaments and events in-play. You can find hundreds of options daily.

A Look at the Future

It’s interesting what the future holds, but we already see some signs of changes to come. Innovations like Virtual Reality, machine learning, and AI, in general, are just around the corner. They will certainly affect the online betting industry, so we will see staggering new features and opportunities.

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