Online Sports Betting Trends in 2023
The sports betting industry is going through a period of transformation. There are several innovative trends that are set to help it thrive in the coming years.
Among these is the incorporation of big data. This can help make sports analysis more accurate. It also allows a punter to automate the process of placing a bet.
Another trend is the integration of VR and AR into sports betting platforms. These technologies bring a sense of realism to the experience. They are already popping up in mobile gaming applications. Having them built into your platform will increase the excitement index of your users.
One of the most exciting trends is esports betting. The concept is unique, and it is a new revenue stream for businesses. Aside from the traditional games like soccer, tennis, and golf, you can bet on League of Legends, DOTA 2, and Call of Duty.
Several local regulated sports betting markets are not yet ready to accept esports bets. However, Fanatics is a good example of a company that waited until 2022 to enter the market.
In the future, a company may be named for its AI technology. Eilers & Krejcik Gaming predicts a major US OSB will go private in 2023.
XBet and MyBookie are sister sportsbooks that use the same technology. Both have a user-friendly mobile site, and both offer the same odds on the same markets.
Taking a look at the bigger picture, the Singapore best online sports betting site is set to see an increase in the number of punters. This will be good news for the industry.