Betting on eSports is going to become more prevalent.
Ever since betting and gambling moved to an online setting, the industry has grown and progressed expansively. The types of bets that people can make have become much more assorted, while the range of markets has also ballooned. Within the fiercely competitive gambling sector, sites constantly need to innovate and add new things in order to attract customers. For this reason, they are usually quick to pounce on technological advancements. With this in mind, what developments could be on the horizon in the industry?
In the past, bettors had a fairly limited selection of markets to bet on. But nowadays, as explained by to www.betting.info, there is a hugely diverse range of options from beach volleyball to figure skating. Betting sites add more choices every year, and if people are competing at something, you can be sure that there are going to soon be betting markets for it.
There are already some sites offering odds on eSports, and this is likely to increase in the years ahead. This is because the number of people taking part in and viewing competitive gaming is on the rise. A few years ago, the idea of gaming as a spectator sport was laughed at by a vast number of people. But with the rise of game streaming sites like Twitch, more people are watching gamers playing a wide range of titles on a daily basis for pleasure. This has led to projections of how the industry will shape up in a few years’ time. According to www.statista.com, revenue from eSports will be up to $1.79 billion by 2022. This will most likely bring about a lot more online betting activity.
Mixed reality is another new technological innovation which appears to be destined for big things in the future. This platform is likely to take off in the online casino industry, with developers seeking ways to create a more realistic experience in games like roulette and blackjack. Mixed reality blends elements of augmented and virtual reality, and can be used as a way to blend the real world with the digital world. In theory, players could feel as though they are sitting down at a real blackjack table, when in fact they are perched against their kitchen counter.
Mixed reality may enter the online betting scene with events like dog and horse racing. Betting sites already offer markets on virtual versions of these events. Being able to see the animals racing around a virtual track right in front of your eyes in mixed reality would certainly enhance this experience.
Live streaming has been on the rise for the last couple of years, with Facebook Live bringing the technology to the mainstream. Now, a lot of betting sites are offering in-play betting on certain markets, with the event live streamed on the page. There is likely to be a lot more of this kind of betting going on in the future, with betting sites enticing bettors by offering tantalising in-play odds that have the potential to change from one second to another. During intervals, betting sites will often offer enhanced odds on the next player to score. If a bettor has been live streaming the game, they may have a good idea who they think this will be.
Mixed reality could one day serve to make live streaming better, and bettors may be able to put on a headset and feel as though they are actually in the crowd at a sporting event. However, this kind of immersion may be quite far away in the future, judging by the technology’s minimal use at the present time. It is a novel thought that betting sites will look to make possible, though.
Online betting is moving towards a greater number of markets and ways of betting on those markets. In the next few years, there will be an increase in betting on eSports. Betting sites are also likely to see how they can take advantage of advancing technology to improve the player experience.