For most people that are busy, or have no idea how to enrich their lives with some real excitement, online or mobile betting (and gambling in general) is definitely something they should try out. In a strange way, it kind of represents the wellspring of our pocket entertainment and thrill self-fulfillment.
If we approach them in a “responsible + sober” manner, betting or gambling can spark our leisure time with joy, excitement and, why not say, with a little bit of money on top. People who visit bookies, land, online or mobile casinos on a regular basis are mostly unanimous about the fact that the moment when they start gambling adventures, real problems kind of fade away (at least for a short period of time).
There are many reasons why people gamble. Each generation has its own angles. Older folks use it as a loneliness therapy, working class gambles to relax after another long day at work, couples in love seek ways to bound themselves, while competitive people want to outsmart their opponents. Betting is also a great way for friends to have fun.
Betting and gambling issues have always been hand-in-hand to sports events, but never on this level. Thanks to the emergence of internet and smart handy devices, they’ve came a long way. Statistics say that both markets of the sports betting industry (illegal and legal one) are worth around one trillion dollars per year. Today, we can find various examples where we can place our bets, with selection of things we can bet onto that exceeds our imagination. Tendencies say that sports betting will only go further. We are, in a way, witnesses of this claim.
Every now and then, various companies are trying to offer us new forms of betting. Some of them “blend in”, and get accepted well from the crowd. That is how (sort of) new generation of betting and gambling happens.
In here, we’ve mentioned some of the unorthodox betting terms that can be found on the internet.
The moment it had shown up, mobile and online live betting put the whole thing on a new level. Although most gamblers already know a thing or two about live betting, it certainly fits in the “new wave” category. Live betting is gaining its popularity fast and it represents a type of gambling that allows us to wager on the event (usually sports) that is in progress. This type of betting became huge from the moment it had popped up. It is mostly because it’s in contrast to pre-match placement, where all bets stop several minutes before the game starts. The most important benefit of live betting is the excitement factor. Now we can use our game knowledge to “feel” the situation, pay attention to details and try changing our luck during the game. Also, depending on the sport we are wagering on, live betting gives us a wide range of events to bet on. We can event bet if a player will bite another one during the soccer game. Remember that the odds change quickly with live betting, usually per play, which sometimes can literally mean in seconds. Bet delays are also standard issues with live betting.
Virtual sports betting
Although we are (like in ancient Rome) constantly bombarded with a substantial amount of sports events, there are people who still want more. In order to developed additional betting opportunities and indulge all those sport fanatics, bookmakers have joined forces with IT companies and created virtual sports, a unique way of betting, similar to video games. Virtual sports became an important part of every bookmaker’s offer because they are very profitable. They represent new forms of continuous revenue; provide new user experiences and new ways to have fun while gambling. Virtual sport is the exciting way to enjoy gambling, with real money bets, immediate payouts, high frequency of matches and dozens of pre match odds available, 24h a day, 365 days a year.Each sport is computer generated, with state of the art, near life graphics and sounds. With virtual sports we can place bets on various sporting events such as soccer, tennis, hound racing, horse racing, car racing or cycling. The outcomes of these sports events are decided by the draw of random numbers.
Spread betting was invented by Charles K. McNeil, a mathematician from USA who was a bookmaker in the 1940s. Today, it came a long way in terms of technological progress. Various companies are offering us the opportunity to place spread bets on a wide range of sporting and political markets online. The general definition says that spread betting represents any of various types of wagering on the outcome of an event, where the pay-off is based on the accuracy of the wager, rather than a simple “win or lose” outcome, such as fixed-odds (money-line) betting. The bookmaker quotes two figures, the bid and offer (also called the spread), and gamblers bet whether the result will be lower than the bid or higher than the offer. Gamblers simply speculate on the “movement”. A spread is a range of outcomes and the bet is whether the outcome will be above or below the spread. This type of betting levels the gambling game itself, by making betting on either the favorite or the underdog equally attractive for the gambler. Spread betting has been a huge success in Europe in recent years (especially in the UK).
Some companies are developing strange betting combos, playful mixtures of gambling experiences. Products like soccer roulette kind of represent the “bridge” between regular betting and casino gambling. They have the possibility to address existing or create new target groups, therefor to generate a new revenue stream.