Online gambling is one of the most popular pastimes for folks who enjoy games of chance. In recent years, the gaming industry has seen significant levels of growth with many more changes on the way. The connectivity offered by the internet means that it’s quite possible to place bets from just about anywhere around the world.
Here, we take a look at some of the developments we can expect to see in betting industry over the next few months:
- AN INCREASE IN SPORTS BETTING
Sports are one of the oldest and most popular choices for punters looking to try their luck. Hence, it should come as no surprise that legal sports betting websites are becoming increasingly popular.
For example, online sites have made it possible for fans to place bets on college football matches during the season.
Thanks to the availability of online payment portals, gambling online is now easier than ever. The excitement of watching their favorite teams play coupled with the thrill of placing a bet is almost unmatched on platforms like tangkasnet.
- CHANGES IN REGULATION
Rather unfortunately, there is a stigma associated with gambling and games of chance. When left uncontrolled, problem gambling is a serious affliction which can result in significant financial losses. As a result, punters may sometimes be unfairly stereotyped by society and members of their family in general.
Fortunately, several European governments are aware of the fact that gambling is a simple pastime for many. It is because of this, in 2019 we can expect regulators to adopt a less hawkish stance on gambling.
For example, the Czech Republic and Sweden are taking steps to overhaul outdated gambling legislation by opening the door for foreign operators. Hence, on the long-term, we can expect to see a general move towards a deregulation of online gambling.
- A FOCUS ON THE PLAYER
Online gambling is an extremely lucrative business with dozens of companies looking to break into the industry. Due to the extremely competitive nature of the market, many companies are looking for ways to differentiate themselves from the competition.
One method of doing so is by offering players a much more personalized experience. For example, certain operators may offer cash bonuses to regular players along with an added focus on the customer experience.
- INCREASED ADOPTION OF CRYPTOCURRENCIES
Cryptocurrencies such as Bitcoin and Ethereum were once thought to be the domain of deep web users and criminals. Nowadays however, cryptocurrencies have become a part of the mainstream.
Prior to the cryptocurrency explosion of 2017, online gambling sites were one of the first to accept cryptocurrency payments. Firstly, the deregulated nature of cryptocurrencies ensured that all transactions performed were entirely anonymous. Hence, this meant that individuals desiring privacy, would not doubt take to crypto easily.
Secondly, cryptocurrency transfers are instantaneous and oftentimes do not charge fees or commissions of any kind. This naturally would make them a welcome choice for many gamblers.
All of these factors would naturally contribute to the increased rates of cryptocurrency adoption by many online gambling sites.
- THE INTRODUCTION OF SKILL-BASED GAMES
A majority of the time, most online gambling sites offer games of chance like roulette or even slots. However, an increasing number of gamblers have found that skill-based games are the way to go.
Besides offering punters a wider range of choices, skill-based games give the player some control over the outcome. This approach can also be seen as a source of entertainment for punters in contrast to mindlessly clicking on a button and hoping for a win.
Online gambling can be extremely lucrative for a punter who has a bit of luck and a degree of skill. However, it’s always important to keep track of oneself when gambling in order to avoid getting carried away.