The Future of US Sports Betting
October 10, 2019
It’s no secret that the future of almost every industry is online. Gaming is one of the most popular industry that went online early to satisfy the needs of its customers. Additionally, many businesses and companies have websites which enable them to be more available and sell their products to their loyal customers as well as international clients. The future of betting in the US is online as well.
Since sports betting got legalized in the country, New Jersey was the first state make betting on sports in various venues. Moreover, the state has already surpassed Nevada as the US capital of sports betting. Despite being home to many betting venues and betting sites, New Jersey is only one of the states where sports betting is legal and more and more countries follow the state’s example.
Since New Jersey is the first state where betting on sports was legalized it’s natural for global online betting sites to increase their foothold in the state. That’s why you have sports betting at 888 Sport NJ and other sites such as BetNow and Bovada. The number of sites will likely grow as will the popularity of sports betting in general. But why online?
Sports bettors go online because of a few reasons. Firstly, it’s because they can appeal to a bigger audience. Sure people in New Jersey, Nevada or Delaware can use their platforms to place bets but so can the rest of the word. With promotions and bonuses such as free bets they’ll likely gain a bigger client base.
Online betting sites aren’t bound to strict working hours which is why they’re so popular. They can be accessed anytime, anywhere. All a person needs is an internet connection and a device. To increase their availability even more these sites are working on designing mobile-friendly versions of themselves so their users can access them on the go.
By being accessible from smartphones they will cater to their clients’ needs better and will be able to fix any issues instantly. Clients can also access the betting calculator each site’s equipped with and calculate their winnings based on how much money they put on and the odds of the match, free of charge of course. Life betting will also be more available. As many venues offer placing bets live it will be more convenient to place a bet for a live match online from your phone if you’re away on a business trip or a vacation.
In the long run, sports bettors in the US will move online because it would be more profitable for them and for the states they operate in. As more and more states joined the fold, friendlier legislation will enable the establishment of many new sports betting sites. More site means more promotions and with that more players. When the number of players increases so will the profits of online bettors and some of the profits will go to the states via taxes which can later be used for improving the state in general.