5 Reasons why Online Sports Betting is becoming incredibly popular in the United States
The boardwalk in Atlantic City may not be as popular as it once was. Anyone that visits this once glorious town that was at the helm of glory during the prohibition days will be amazed by how much the town has deteriorated. And that’s not all. Popular gambling cities like Vegas are also experiencing hard times.
Luckily, however, after facing some dark days, there is some hope at last courtesy of the recent legalization of sports betting. Since the US Supreme Court overturned the federal bill banning sports betting, sports betting has quickly taken over to become one of the most popular ways to gamble. Thanks to online sports betting, cities like Atlantic City are now frontier towns having been one of the first metropolises to adopt this new legislation.
Today, online sports’ betting alone has become a multi-billion dollar industry in the US. At present, sports betting controls a noteworthy market share in the world of gambling, with millions and millions of new betters joining each week. So what has made online sports betting become such a popular pastime in the United States?
Here are 5 reasons why online sports betting is becoming incredibly popular in the United States
The growth of daily fantasy sports games
If you love American sports, then you must have encountered daily fantasy sports in one way or another. Fantasy sports first entered the scene as a product of a conversation that took place among friends over a few beers. Sportswriter Daniel Okrent is credited with coming up with the concept and since then, fantasy sports have grown by leaps and bounds.
By 1984, fantasy sports had grown so much that a magazine dedicated solely to fantasy games was published. After its inception, most people only took part in fantasy games as a hobby. However, due to the financial payoffs associated with such games, the industry continued to grow exponentially, paving the way for the continued growth of the sports betting industry.
The emergence of reliable daily fantasy sports sites such as DraftKings further helped fantasy games and sports betting, in general, to become even more popular. Today, Daily fantasy sports is one of the most popular options to take part in for online sports gamblers. With the recent federal legalization of sports betting, the number of people taking part in fantasy sports betting is slated to keep rising.
Online betting presented participants with a much safer way to bet
Sports betting has become incredibly popular because it is simply safer to bet online than it is to do so offline. Most online bookmakers today are operated by well known and respected companies that have been in the business for years. These reputable operators concentrate on safe sports betting so there is never a reason for participants to worry that their funds are not safe.
Although online betting is much safer today, there are some bad apples out there that are unreliable. Thankfully though, it is possible to sass out these unreliable bookies by doing a little research. The risks are also reduced significantly when gamblers avoid betting with unregulated sporting websites.
Players can play instantly
Online sports betting has taken off because it is straight forward and easy to get started with. Typically, players can start trying their hand at luck as soon as they sign up. Almost every single online sports betting site has been designed with ease of navigation in mind. Opening an online account is usually very straightforward; even someone without computer knowledge can sign up without needing a lot of assistance.
In most websites, it generally takes a few minutes to sign up. Better still, the majority of the sites offer a wide range of deposit options which makes adding funds to one’s account very easy. To start placing wagers, one only has to click on their preferred options and enter the amount they want to stake.
Online sports betting typically has a better variety of markets
Most online betting sites cover all major sports, which means that gamblers can place wagers on just about any sporting event that they like. Even some of the lesser popular sports can be wagered on, alongside bets on popular events such as election results, contests, and even politics. Players simply do not get this wide selection offline.
The odds available on online sports betting also tend to be much better compared to the odds available on offline betting stores. This is perhaps one of the biggest reasons why online sports betting has grown so quickly in such a short amount of time.
If a player is truly committed to getting the best results possible, they can also opt to sign up on a range of different sites. All they have to do is to compare the odds between these websites before placing a wager on a particular sporting event. Although this is obviously a lot more time consuming, the high payouts are a great motivator for anyone looking to win.
The impressive bonuses
Because the market has become increasingly saturated, almost all online sports betting sites today offer interested participants a worthwhile signup bonus. These incentives for joining typically have terms and conditions attached to them that require new signees to deposit a set amount and play for a specified period before being able to withdraw the bonuses.
For gamblers that were planning on waging their cash anyway, these bonuses are useful as they help to boost one’s existing bankroll. Aside from offering bonuses to new players, most online betting sites also offer bonuses to loyal players in the form of promotions, contests, as well as free bets.
If you are looking to get started with online gambling, sports betting usually comes very highly recommended because it is considered one of the most straightforward forms of gambling for a beginner. Even those with little to no interest in gambling can start on sports betting. As it stands, legal sports betting is now one of the most popular ways to gamble.
In the future, online sports betting websites will continue to improve in quality and offer more exciting offerings as the audience continues to grow. The continued growth of technology will also have a massive impact on sports betting with new apps and websites constantly being developed to suit modern gamblers.