Technological innovation has played an important role in transforming various industries globally. The sports betting industry is one industry that greatly benefits from this. Technologies like the internet have made sports betting more accessible.
Mobile Betting
One of the most notable technological innovations in the sports betting industry is the ability to bet on mobile devices. Industry reports show that the popularity of mobile betting is growing every year due to the increasing penetration of smartphones. Users also get a better betting experience from mobile because it’s easier. It is also convenient for players who prefer live betting. As 5G gradually becomes mainstream, mobile betting enthusiasts should prepare for better days.
Live Betting and Streaming
Previously, you could only bet on a sporting event before it started. But technological innovations have allowed sports betting platforms to offer live betting. This means that you can still bet on different aspects of the game even after it has already started.
Esports Betting
At first, many people only considered video games as a form of entertainment. Currently, video games have become an official sport that attracts the attention of sports betting enthusiasts around the world. Some popular athletes are turning to video games. Based on recent reports, Neymar, Messi, and Pogba will join Call of Duty as an example. Such moves have made eSports even more popular globally as the three soccer stars have enjoyed a resounding success. Before you start betting on eSports, familiarize yourself with how the games work and what it takes to win.
Cybersecurity: As the sports industry continues to grow, the threat of cyberattacks grows. Fan and athlete data, streaming platforms, and high sports event budgets. All are targets for attackers. To prevent risks and secure assets, sports organizers are focusing on the cybersecurity of the site and the participants. To achieve this, they deploy protection technologies and organize cybersecurity training for their employees. Blockchain is also becoming essential for the protection of purchases and the security of fan data, while email defenses prevent phishing and virus attempts.