A naukri.com initiative
TechBullion
3w
113
Image Credit: TechBullion
How Technology Is Reshaping the Sports Betting Industry
- The online sports gaming market is currently valued at $16.52bn and is growing at a rate of 10.45% year-on-year.
- The combination of sports analytics, artificial intelligence, and mobile platforms is making the online gaming experience more engaging and data-centric than it has ever been before.
- AI and sports analytics produce accurate predictions that help gamers refine their gaming strategy. Instant access to real-time data helps change strategies as games unfold.
- Sportsbook apps pick up games that suit interests based on past wagers and favorite teams, significantly increasing winning odds when betting.
- 'Mainstreamization' of blockchain tech has made digital currencies one of the most trending payment methods for in-game transactions.
- Sports cryptocurrencies offer tokens that allow users to eliminate traditional banking methods such as transferring money through a bank.
- Free-to-play sportsbook apps are designed for new and experienced players for sharpening their gaming skills and having a great time, respectively.
- Sportsbooks are reconfiguring their design, layouts, and features to make them responsive and adaptable to smaller devices, with live streaming and real-time updates with highly responsive gesture controls for an effortless gaming experience.
- The future of eSports is booming with cutting-edge technology and interactive features that offer users a smart way to play online sports games.
- The rise of technology in online sports gaming is expected to increase in the coming years, changing player experience significantly in the process.
Read Full Article
6 Likes
For uninterrupted reading, download the app