Online gambling has been growing to a bigger level than ever before over the last five years.
With online casinos and sports betting becoming more streamlined as internet technology has improved it’s become one of the biggest revenue creators in the world. So how exactly has online gambling been able to grow to such a large industry?
Fast internet and online casinos
Online casinos have been around almost since the inception of the internet. However, when they were first created they required an extensive download in order to use them. This was because internet speeds were extremely slow at the time. As internet speeds increased so did the popularity of online casinos. This was due to two main factors, there was no need for huge downloads anymore and the quality and scope of games increased massively.
Because there are a huge number of online casinos popping up all of the time it can be quite difficult to find the right one. There are big differences in the quality of games, number of games and promotions that are available at online casinos.
Casino bonuses are one of the most important aspects to research before choosing your casino, there are even some casinos out there that will offer you a deposit without you needing to make a deposit. In this situation it is always worth taking a look at a well researched list of where the best casinos bonuses can be found.
As the quality and popularity of online casinos continues to increase the technology has had to advance at a similar rate. This has lead to advances such as augmented reality and virtual reality being slowly introduced to online casino games.
While they are not at the same level of quality or popularity as standard online casino games at the moment, if they continue to improve at a fast rate it is only a matter of time before they become commonplace.
Sports betting and app development
One of the biggest steps forward in the world of mobile devices was the development of mobile apps. These allowed customers to easily access a wide range of services on their mobile device, with just the ability to connect to the internet as a requirement.
The introduction and rapid increase in quality of mobile apps lead to a huge number of consumers moving away from traditional brick and mortar sports betting and towards using an online portal thereby increasing the number of online players exponentially.
Sports betting apps have opened up new markets to a huge number of players over the last few years. One of the main ones is inplay betting. This particular type of betting was never hugely popular at brick and mortar sportsbooks, purely because the logistics of it made it difficult to carry out on a large scale.
Sports betting apps remove this issue and as such inplay betting has become one of the most popular methods of placing a wager on a sports game. Developments like games being shown inside the app means that inplay betting is easier and more interactive than ever before. This only helps to continue the rise of sports betting in the modern world.