There is no question that technological innovations are driving sports betting. First, gambling technology means gamblers can access a sportsbook from their laptops, mobile phones or tablets. Many sportsbooks have apps that people can load onto a phone or tablet. This means they can find a site or an app they like. They can link it to a credit card or bank account and start betting right away. Most people who bet on sports do not want to scrutinize every team or game. They want to place a quick bet for fun and be on their way. Mobile betting allows them to do that. Instead of wasting time visiting the neighborhood bookie, people can place bets and collect winnings almost instantaneously.

Nationwide Betting

In the past, bookies usually limited gamblers to betting on games that they had an interest in. When people rarely moved around, this worked out fine. However, now society is more mobile. It is increasingly unlikely that people stay in one place their whole lives. They may move frequently. This means the team they grew up rooting for might not be in the town in which they live. In the old days, gamblers would not have the opportunity to bet on their hometown teams across the country. But with mobile betting, it is easy for gamblers to bet on any game they want.

In-Game Betting

One of the most important changes to sports betting is the ability for people to bet during games. In the past, people placed their bets on the outcome of the game before it began. There was no betting going on during the games. Because of the information coming into sportsbooks from the major leagues in the U.S., placing in-game bets is easier. As technology advances, gamblers will be able to bet on many aspects of a game and claim their winnings. In some cases, gamblers will collect their winnings before the game has even ended. Sportsbooks have come a long way from paper slips and neighborhood bookies.

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Thomas McCoy was born in Bethesda, Maryland and studied finance at the Kogod School of Business at American University in Washington D.C. before heading to New York and a job as a forex trader on Wall Street. Successful enough to launch his own, online forex trading platform, Thomas has long had a keen interest in the places where the worlds of finance and technology meet. As a prolific blogger, Thomas considers himself an expert on cryptocurrencies, casino asset restructuring, and emerging technologies set to change the way people do business.