In recent years technology has changed the face of gambling completely. Now, you don’t have to go to casinos, bingo rooms or any other place for gambling. It can be done at a time and place to suit you, at your home or office. You can also gamble when you are travelling around, with your smartphone or tablet.
Gambling is a trend which has been around for years. In ancient times, people used rolling dices and playing cards for betting. As time moved on, the methods of gambling also evolved.
Now, there have dedicated gambling environments such as casinos, automatic betting shops with touch screen systems and also mobile apps for gambling. The reason why it is so popular is because of the common human behaviour of risk taking. People bet their money with a positive hope of winning. This provides amusement and entertainment. It doesn’t matter whether they win or lose they get addicted to gambling, because of the thrill. The level of excitement which gambling provides makes it a favourite pastime or hobby for a lot of people.
How gambling have evolved in the past 10 years
With advancement of technology in recent years, our lives have changed a lot. The internet has changed a lot of things in our daily lifestyle and it has also played a major role in the way we gamble.
The three major forms of gambling that have developed in the past 10 years are Online Casinos, Sports Betting Systems and Online Poker. Unlike traditional gambling, technology gambling has reduced a lot of potential risks, because they do not have built-in barriers. Online betting has been legalized by the government in a lot of developed countries like United Stated and the United Kingdom. In the 90s when the internet started to go viral bookies realised the potential of online gambling. This led to the launch of betting exchanges sites, online casinos, jackpot sites and other online bingo and poker sites.
In 2008, the online betting industry was worth around $2 billion, which increased to $4 billion at the end of 2013. According to a surveys made in 2016, the online betting industry was worth $45 billion. This clearly shows how it is evolving with time and technology improvements.
How mobile data and apps are helping the growth of Gambling
Research has shown that mobile apps are making gambling more easily accessible to the younger generation. The mobile gambling industry is estimated to reach around $70 billion at the end of 2017. Some mobile apps and websites use real money and are actual betting sites and most of them are designed in a very attractive way to give complete simulation of real life gambling.
Around 160 million people are using mobile devices for online betting. It consists of around 30% of the total online betting sites. By the end of 2018, the amount of money spent on mobile gambling is expected to hit more than $100 billion.
Many new betting apps are being released every day to use in the unmanned betting shops with touch-screen kiosks. A huge reason behind the growth of mobile gambling is its easy accessibility.
Role of Social Media
A lot of people around the world use the internet just for accessing social media. They spend a lot of hours socializing on the internet and gambling companies know very well how to utilize the power of social media for attracting more people. They advertise on popular Social Media sites like Facebook and Twitter to funnel a part of the traffic to their online sites. Many of the sports betting systems are being promoted mainly on social media.
Role of Celebrities in promotion of Technology Gambling
To make the gambling sites more attractive for people, companies are using various celebrities for their promotion. Famous celebrities like Tom Arnold, Brooke Burke and Jim Kelly are all endorsing the online casinos. This is making gambling more acceptable to society when they see their favourite celebrities promoting a product.
Sometimes celebrities are used to just promote online games which give complete simulation like real betting systems. This also helps in growing the popularity of online casinos, poker and mobile gambling, because people want to try their luck with real money if they win one or two games in these simulative games.
Please gamble responsibly.
I love tech things, especially the way they infiltrate our lives without us even realising. I don’t like having to explain how a gadget works to every member of my family though!