Why Sports Betting Continues To Be The Biggest Gambling Sector
When we look at betting as a whole, the biggest and most popular part of it is sports betting. We think overall, the reasons as to why are fairly straightforward but when people ask this question, they fail to look at the nitty-gritty details as to why sports betting blows live casino games out of the water.
In saying that, we still think this point as a whole is a very interesting discussion, even if some of the points speak for themselves.
The Popularity
Now, to be clear we are not saying that sports betting is more popular because it’s more popular, however, the sports themselves that make up sports betting are the reasons why sports betting happened to be huge. If you ask the average person what they enjoy doing, a large part of them will say that they like watching or playing sports, especially in Europe.
The Most Popular Sport
When you think of the most popular sport in the world, the answer is instantly football and you would be correct to think this. With attendances, viewerships and finances, nothing comes close to football and this is the exact same in the gambling industry.
Football betting is the biggest part of the gambling industry and has dominated it for years and only seems to be growing year by year. Betting and football go hand in hand and because of this, football betting is always going to grow as long as football does.
The Unique Aspect
Casino games and their betting style are always very same-y, although there are multiple games and different variations of everything, the games themselves don’t really change too much; this is precisely why sports betting has another edge over every other betting type.
In Plays
For one small example, we have in-play betting. For those who don’t know, in-play betting is when you place a bet while a game is in play it adds a whole new layer to live betting on sport and means that no matter the minute in a football match or in a tennis game or even a boxing fight, you can still put the bets on. This may seem like a small detail, but these small details all add up to making sports betting as big as it is.
The Vast Markets
We have slightly mentioned the vast markets but there are actually a few ways we can go with this. Firstly, we have the amount of sports there actually are that are there for players to bet on. Not only do we have the aforementioned football but there is a range of globally significant sports that players around the world over to bet on.
Horse racing is arguably the biggest of the rest and is one of the most popular sports for betting all around the world. Not only in the UK and Europe but even America has huge horse races like the Kentucky Derby as does Australia.
Not only are the variations of the sport vast but the betting options themselves blow live casino games out of the water. For nearly every single sport there is a range of different markets you can place your money. In football, you have shots on targets, fouls and more. In boxing you have who will win, punches thrown and more. And the list could go on forever.
Live casino is stuck in its ways and we are saying this as fans of online and physical casinos. Sports and sports betting just have a leg up on most hobbies in the world. And overall, we think that we will struggle to see a betting sector overtake sports betting in any aspect.
