{"id":9882,"date":"2019-08-01T12:31:27","date_gmt":"2019-08-01T16:31:27","guid":{"rendered":"https:\/\/armchairarcade.com\/perspectives\/?p=9882"},"modified":"2019-08-01T12:31:34","modified_gmt":"2019-08-01T16:31:34","slug":"sports-betting-in-the-future","status":"publish","type":"post","link":"https:\/\/armchairarcade.com\/perspectives\/2019\/08\/01\/sports-betting-in-the-future\/","title":{"rendered":"Sports betting in the future"},"content":{"rendered":"\n

While sports betting has only recently been made legal in the US, and there are still many states yet to legalise, it\u2019s safe to say the industry is booming. In fact, post total legalisation, the US online sports betting market is expected to become the largest in the world. Sometimes, things move at such a pace that it can feel impossible to keep up with new tech and trends. So, where is sports betting going to be in the future, and how will it affect those of you currently backing your favourite teams on websites like Caesars Casino and Sports<\/a> book NJ?<\/p>\n\n\n\n

More sports fans<\/strong><\/p>\n\n\n\n

Now that people\nhave the chance to bet on sport, experts are predicting that more and more\nviewers will start tuning in. What does that mean? More sports fans! Sports\nbetting adds a new dimension to sporting fixtures that will appeal to a larger\naudience. And, with more fans comes more money. A study commissioned<\/a> by\nthe American Gaming Association (AGA) found that legal sports betting is likely\nto generate an additional $4.2 billion in revenue for the major sporting\nleagues in the USA \u2013 the NBA, NFL, MLB and NHL. While salaries will inevitably\nget bigger, we predict we\u2019ll also see bigger stadiums, more coverage and added\nspectacle as we move forward. Also, as audiences grow \u2013 expect to see more\ngambling-focused sports broadcasts on your TV. <\/p>\n\n\n\n

Sports betting goes mobile<\/strong><\/p>\n\n\n\n

As with most industries, expect the future of sports betting to take place entirely online, and more specifically via people\u2019s mobile phones. Looking even further ahead, experts are predicting that it won\u2019t actually be the humans doing the sports betting in real time. Instead, bots will be placing the bets on behalf of humans \u2013 and given bots\u2019 capacity to analyse data and utilise algorithms to generate accurate predictions, this is set to become the standard way of betting on sports. Also, with demand growing and an enormous amount of money to be made from the millions of people who take to sports betting, expect to see large tech companies evolving into mega bookmakers. <\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

Sports betting as business<\/strong><\/p>\n\n\n\n

As the sports\nbetting industry grows and becomes international, it\u2019s possible that sports\nbetting could evolve into its own kind of stock-market. With intelligence in\nplace that helps people to win, investing in sports betting could become a\nshrewd move if done correctly. New investment tools and platforms are already\npopping up, transforming sports gambling into a viable financial market for\nclients across the US. In\npractice<\/a>, this would involve companies akin to hedge-funds picking betting\nlines for their clients, rather than investing in stocks. <\/p>\n","protected":false},"excerpt":{"rendered":"

While sports betting has only recently been made legal in the US, and there are still many states yet to legalise, it\u2019s safe to say the industry is booming. In fact, post total legalisation, the US online sports betting market is expected to become the largest in the world. Sometimes, things move at such a pace that it can feel impossible to keep up with new tech and trends. So, where is sports betting going to be in the future, and how will it affect those of you currently backing your favourite teams on websites like Caesars Casino and Sportsbook NJ?<\/p>\n","protected":false},"author":4295,"featured_media":9884,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[15],"tags":[1194,386,389,1895],"class_list":["post-9882","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-editorial","tag-betting","tag-casino","tag-gambling","tag-sports"],"yoast_head":"\nSports betting in the future - Armchair Arcade<\/title>\n<meta name=\"description\" content=\"While sports betting has only recently been made legal in the US, and there are still many states yet to legalise, it\u2019s safe to say the industry is booming. 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