Right now online gambling is one of the most profitable industries on the internet. There are two aspects of gambling i.e. online casinos and sports betting. A large number of people who have never even tried land-based casinos or retail sportsbooks are wagering on this online platform. It is an undeniable fact that the internet has made many things easier and a whole new market has developed online. At the beginning of the 21st century when online gambling was a new thing, people used to wager through the computer using betting and casino sites. But with the introduction of mobile gambling apps, gamblers are using casino apps and sports betting apps to the full extent and that has made online gambling more appealing.
Well, online casinos are legal in most parts of the world but sports betting is still getting momentum. In May 2018, the Supreme Court of America legalized the betting on sports and since then, more than 15 states of the countries legalized having retail and online sportsbooks. The new generation of gamblers is opting for sports betting apps rather than local sportsbooks. Well, there are several benefits of sports betting apps like convenience, easy to access, more secure, wager on the go, additional security, and many others but here we are going to tell you guys some unknown facts about sports betting apps that you might not know.
Sports betting apps are being used more than desktop apps or local sportsbooks
According to a study, around 70% of people who are engaged in online sports betting use sports betting apps. The simple fact is that most of the bettors wager on sports to make additional earnings and sports betting apps are easier to use while on the go than its desktop counterparts. Plus, the operators of sports betting apps charge lower fees than local sportsbooks.
Punters spend more money through betting apps than other online platforms
As we already said that bettors prefer sports betting apps due to its various benefits and functionality. People find betting apps easier to wager and to transact. Payment through sports betting apps can be done with a few taps on the screen and it is quick. So bettors tend to spend more money on bettings.
The company which owns 888sport reported $540.06 million in revenue last year through its mobile betting apps. 888Sport is already the number one betting app in the UK and it has become one of the popular sports betting apps in the US and other parts of the world. Europe and Asia are the biggest markets for 888sport. It offers the number of games to wager on with betting tips and scoreboards of live sports events.
Asia is the biggest market for sports betting apps
USA and Europe may seem the large market for online gambling but when it comes to online sports betting, Asia tops the chart. Cricket, football, basketball, boxing, MMA, and hockey are some of the popular games among the Asian punters. Hong Kong, India, and UAE have a large number of bettors in Asia. More than 78% of punters who wager online use betting apps. 888Sport, bet365, betway, and dream11 are some popular sports betting apps in Asia.
Sports Betting Apps are More Secure
Well, nowadays most of the transactions done through the online betting platform are secure but sports betting apps add more security to it. Punters can add 2FA (two-factor authentication) to make the apps more secure so they can’t be accessed by any other person in any case. Payment methods become more secure with biometric security. The phone is a personalized device so it is obvious that sports betting apps are secured than its desktop counterparts.
More Perks for sports betting apps users
This may sound strange to you but operators emphasize the use of sports betting apps and that’s why they promote them hugely with more exciting promotional offers than betting sites. The reason is simply that people can use mobile betting apps 24X7 regardless of where they are. This is strange but true that you would find more bonus offers on betting apps than sites.