It’s no coincidence that the Online Cricket Betting ID industry has been booming at the same time that technology has been changing the way sports bettors ply their trade. In fact, several recent technological trends have made it infinitely easier and more efficient for sports bettors to place their bets and sports betting operators to process bets.
The biggest changes within the sports betting industry have evolved through sports betting app technology. In Europe, experts estimate that 60% of all online sports betting activity is being done through sports betting apps. Furthermore, those same experts expect that 60% to grow to 80% over the next couple of years. To meet this future demand, online sports betting platform developers are changing the way mobile apps will work for sports bettors now and in the future.
For 2022, here are a few top sports betting app trends worth watching.
Integration of Cryptocurrencies
Throughout the world, cryptocurrencies like Bitcoin have been gaining momentum as a viable means of exchange between merchants and customers. It’s a phenomenon that has certainly been gaining momentum in the mobile sports betting industry.
Software developers have successfully figured out ways to construct mobile sports betting sites that can connect mobile sports betting operators and their customers through crypto-wallets top cryptocurrency exchanges.
Transparency Provided by Blockchain
For decades, sports bettors have been reluctant to place large sports bets online out of fear their online bookmakers could make winning wagers disappear. Yes, there have been rogue operators who have done such things.
Todays’s mobile sports betting apps are being connected with blockchain technology. By recording each transaction on a decentralized blockchain that cannot be manipulated, sports bettors are getting the kind of transparency that makes it more comfortable for them to make bets through their mobile devices.
Advent of Microbetting Options
Retail sportsbooks have always been limited in the number of betting markets they can offer because of limited space to post lines and odds. Online gambling sites were able to increase betting market accessibility because of linkage to large databases.
New sports betting app technology is taking betting market access to yet another level. With the fast expansion of micro gaming technology, micro-betting is fast becoming a reality. This will evolve to the point that sports bettors will be able to wager on even the smallest of sports events coming from almost anywhere in the world.
Wearable Sports Betting Casino Playing Apps
Smartwatches have been around for a few years now. In fact, sales data shows they are becoming quite popular. Well, this has not been lost one sports betting software developers. They are currently looking to innovate ways to scale down sports betting data to fit within smartwatch technology. The day is fast approaching when people will be able to simply use their wristwatches to place their sports bets. Also, this same technology is going to make it possible for casino players to turn their watching into an easily accessible way to play online casino games of chance for real cash.