Technology is crucial to the success of modern sports betting. The days of reading horse names and numbers from a sheet pinned to the wall of your local betting office and jotting them down with a weirdly small pen on a bet slip are long gone. Bettors are happy about it too.
Modern betting is done on desktop computers from the comfort of your own home or on user-friendly mobile apps downloaded to iOS and Android devices. A bet is now just the touch of your screen away. Things are moving faster than Frankel at full speed in the final furlong.
Advancements in technology used in rollover betting and sports gambling don’t just make it quicker and easier to get your wagers down. There’s now more choice on what to bet on than ever before. Apps are so responsive they can keep up with a live football or tennis match, horse race, or boxing bout. Let’s look at how tech has changed the way we gamble on live sports and how you can use the changes to target a profit.
Live streaming
The most advanced sportsbooks offer members a live streaming service that allows them to view the big match on their computer or app. The live streaming coverage is often free to view for those that have placed a bet on the outcome of the game, race, or fight.
The live steam is HD quality with crystal clear sound and no buffering or lagging. It’s as good as you would expect to find on your television at home or in a sports bar.
As well as game footage you’ll also find match stats, live scores, updated betting odds and plenty more besides. The aim of live streaming is to ensure members have access to a reliable stream as well as all the info needed to make a well-informed bet.
When using the live streaming service on your mobile you’ll never have to miss your favourite team in action again. Turn everyday situations like the commute home from work or lunch break into an excuse to watch live sports. Coverage comes from all the top horse and greyhound race tracks as well as European football stadiums, championship boxing bouts and Grand Slam tennis.
Live betting
The live betting function on sportsbook apps has revolutionised the industry. Bettors can now make their predictions on fixtures before the start or during play. With live betting, many of the pre-match markets are available throughout the game with odds updated to reflect the current score.
For example, a first goalscorer bet in a football match will change to the next goal scorer after the opener goes in. The odds will change on both teams to score market after one side finds the net and the numbers in the over/under goals option increases with every goal scored.
Live betting works incredibly well with the live streaming feature. Bettors can place their pre-match selections then watch the play on their app. Pay close attention and look for signs of value. If the underdog has started well, for example, the option is there to back them in-play. If both sides are apprehensive and defensive in the opening exchanges, a bet on no goals may appeal.
Cash-out
The sports betting industry is famous for introducing new and exciting ways to gamble on the most popular sports. Many don’t last the test of time and prove to be nothing more than the latest fad before making way for another craze. That’s certainly not true of the cash-out function.
Cash-out allows bettors to profit from a losing bet. When betting on a sportsbook market a cash-out value will be added. In the first instance, this will be equal to the stake but will rise and fall depending on how well the bet is doing.
Let’s say a football team is winning 1-0 and you are on for a £50 profit. You may be offered £35 cash-out after 75 minutes. Do you take the £35 and cash out or hope nothing changes in the final 15 minutes and play for the higher amount? With cash-out, that decision is yours to make.
If you haven’t seen the changes technology has made to online gambling in recent years, it may be worth catching up.
