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The Role of Technology in Sports Betting

Technology has undoubtedly changed our everyday lives, be it how we shop, communicate and more interestingly sports gaming as a fulfilling form of leisure and entertainment. In this article, we explore the various ways that technology continues to influence the sports betting industry to make it even more cutting edge.

The 21st century has fundamentally altered the way we live and view the world; everyone is always online and has a smartphone. 

A few years ago, people could not have imagined the extent to which technologies had integrated our lives. Technology has undoubtedly changed not just how we live our everyday lives — such as how we shop or communicate — but also how we amuse ourselves, including in the sports betting sector. Let us explore the various ways that technology has impacted and is still influencing the sports betting industry to make it even more cutting edge and contemporary. 

1# Mobile Apps and Sites

First off, it is crucial to note that the introduction of mobile betting apps and websites has fundamentally altered how gamblers conduct their business. Bet Helper will give you a clear overview of the market. 

Before the internet, men would congregate in pubs, bars, or betting shops to place their bets while sipping beer from a bottle and watching horse races on a large television set in front of them. Bookies would initiate “auction pools” in the early days of sports betting, particularly during the height of horse racing’s popularity. In these auctions, wagers on each horse competing in a race were put up for auction. Nonetheless, there is even archaeological proof that gambling took place during a few historical Olympic Games competitions; this is thought to be the first documented instance of sports betting. 

As you can see, sports betting has always existed, but how people engage in it has evolved significantly over time. Everything is much simpler these days; all you have to do to place a bet is go to your favorite sports betting website or open your favorite bookmaker’s mobile application on your smartphone. You can place a bet in a matter of seconds without even getting out of bed. 

Sports betting sites have completely modernized this activity; in addition to the vast array of sports available, you can choose from over a thousand different betting options and engage in a multitude of betting games when you visit one of these sites. The best part is that everything can be accessed using your mobile device, so you no longer even need a computer.

2# E-Sports

In the world of sports betting, new disciplines have entered the market as a result of the introduction of technology. Technology development has made it possible for new games to emerge, which have since evolved into “e-sports” that allow gamblers to place bets. E-sports are essentially computer games, but because they require teamwork and competition, they are regarded as sports. The term “cyber sports” refers to this subset of sports because they are played on computers. 

Nearly all of the betting websites currently available on the market allow users to wager on e-sports, and many experts believe that these sports may eventually become more popular than traditional sports because they are easier to watch and more enjoyable to play than some of the more established outdoor disciplines. 

You are absolutely mistaken if you think traditional sports like basketball or football are more exciting than e-sports.  In such competitions and tournaments, elite athletes and teams fight for a huge monetary reward. Large corporations, especially those that manufacture energy drinks and are well-known like Mercedes-Benz AG, often sponsor these competitions, making them intensely competitive and mediated. 

Even though this industry is relatively new — it first emerged in the 1990s — simple computer gaming evolved from a hobby to an organized professional sport, and now competitive e-sports are expected to reach $1 billion in revenue. Tens of millions of people watch cyber sports tournaments live, and experts predict that they may soon make their Olympic debut.

These days, the most well-liked e-sports are the ones listed below.

  • Dota 2 
  • CS:GO
  • Valorant
  • Fortnite
  • League of Legends
  • Overwatch 2
  • Hearthstone

3# Live Streaming and Betting

Although live streaming has existed since the days when gamblers would get together in sportsbooks to watch live horse races, there has been a noticeable evolution in this form of betting over time. 

Nowadays, if you have access to any streaming service that translates sporting events, you can watch them live from the comfort of your own home. Because e-sports are frequently available on “Twitch” and are more mediated than traditional sports, this kind of betting has grown quite popular for this discipline in particular.

The majority of sports betting websites, including 1xBet, which offers integrated live streaming directly on the website and application, provide free access to live streaming and live betting services. There’s no need to turn on your TV anymore; there’s no need to go to betting shops. With a computer or mobile device, you can view everything in real time.

Conclusion

In conclusion, it is clear that technology has an impact on both the sports industry and sports betting industry. With the advent of the internet, everything has become much easier to access and understand, and new betting options and disciplines have entered the market.

In addition to making betting easier, this accessibility has expanded the variety of betting options available to gamblers and raised the quantity of gambling-related features.

It is only natural to be able to place a bet in a matter of seconds these days or to watch your favorite event live while placing bets, but let us remember that there was a time when these things were not possible and be grateful for what we have now. What a time to be alive!

Editor's Desk
Editor's Desk
Curated by editor-in-chief, Tankiso Komane, this special collection of articles from the Editor's Desk unpacks topics of the day, including commentary, in-depth analysis and partner content.
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