How Technology Will Affect Sports Betting

How Technology Will Affect Sports Betting

Technology has been pushing industry forward with increasing speed in many different areas of the economy. One of the areas that has been rapidly transforming is gaming culture. In the past, there was a definite chain of operation. The money would flow from the client to the casino or saloon and either remained there or went back to the client as winnings. There are many ways that technology will affect sports betting, and some future predictions are below.

Gambling via Bots

One prediction made by researchers is that online sports gaming, as well as the games themselves, will be monitored either by humans in virtual reality or by bots that are attuned to every move in the game, as well as every player. The integrity of sports games is going to be measured by data analytics in the future, which means integrity firms are going to be on the cutting edge of sports. If there is a spike in the amount of money wagered on a particular game, the company will not wait until the game is over. It will immediately begin an investigation.

However, advances in technology will allow integrity companies to measure biometrics in humans that may help to determine whether cheating has taken place. Sports franchises and leagues will use integrity companies to make their games as above board as possible.

Sports Betting on the Ocean

Increasingly, sports gaming will take place offshore. The oceans are international waters and are not subject to the laws of any specific country. Sportsbooks, while freer to operate in 2018, are not completely free of restrictions. However, if the sportsbooks want true freedom to expand, they will most likely have to move offshore.

While at one time unable to bridge the ocean, technology is now available no matter where the casino or sportsbook is located. And, because they are on the ocean, the sportsbooks could allow bets on a wide variety of nonsport-related topics, such as how long the soccer players take to run out of the tunnel.

In addition, sportsbooks will increasingly make use of blockchain technology and virtual currency in order to make the transition between the bettor and the house easier. Because it’s in international waters, the sportsbooks would have no preset limitations. Payouts would be quick and efficient. The only concern of the floating sportsbooks might be from hackers, either onboard or onshore, who might be able to hack the sportsbook’s security and quickly transfer millions of dollars out of an account.

Fan Engagement in VR

Fan Engagement in VR

Fans have increasingly become disenchanted with sports as they are in the current market. In the NFL, there is the current debate over saluting the flag and the concern for players who are suffering from head trauma from past games. Virtual reality, as a result, is moving in two different directions. First, the VR experience will continue to increase the fan experience as it relates to live games in the sports leagues. For example, fans would be able to be in the games with the use of VR at the next NBA championship series. The fans could have the same experience as someone playing the game or sitting courtside.

In addition, virtual reality can enhance the eSports experience for both players and fans. Fans would be able to see the game unfold as it is happening, and players would be able to project the games for fans. The eSports market is exploding, and VR would further enhance the eSports game for players and fans alike, which would make it even more likely to attract bettors.

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Richard Holmes was born in Tampa, Florida and studied computer science at Pensacola Christian College in Pensacola Florida. A devout Baptist, volunteer Sunday School teacher and online gaming fan, Richard works as a part-time systems administrator at Baptist Hospital and part-time professional blogger specializing in statistics, probability and computer science issues. He is an ardent believer in the future of artificial intelligence as a tool for transforming human society for the better, particularly in the area of health care and modern medicine. A chess player, and competitive online gamer Richard actively participates on online gaming tournaments in his free time.