Online Sports Betting, More Popular Than EverPublished June 22, 2013 by OCR Editor
Sports betting is leading online betting growth.
Sports betting is growing rapidly these days! Take South Africa for example, where it's been estimated that sports betting turnover will grow from about R17 billion last year to R24.2 billion by 2016.
To break down the growth: Horse racing is the lead sports betting attraction overall, while online sports betting is mainly responsible for growth in the sports betting industry on the whole.
Brick and mortar establishments are opening online casino options, mergers between classic casinos and online sites, start-ups and even sports-marketing agencies are also widening their horizons and taking a piece of the action, for the benefit and growth potential for all involved, as well as expanded opportunities for players.
And the more opportunities the better, especially where online play overall is limited. Interestingly, in South Africa, online sports betting is legal while online gambling is illegal. This may account in part for the incredible popularity of sports betting - for anyone who wants to bet in South Africa online, sports gambling is the only option. However, many are considering this rapid online sports betting growth as foreshadowing eventual legalization of online gambling.
Those who are into online sports betting aren't leaving it at home either. BetTech Gaming chief operating officer Mark Bosman said that since wider access to mobile devices has become available, mobile sports betting has grown substantially. On the go, players can check the progress of a given sporting event and make bets in real time. This type of wager is called live in-play betting, where for example, mid-game, players can bet on the very next goal in a football match. The immediacy of it all is a major adrenaline rush!
Try it for yourself today at some of our favorite sports betting sites: bet365 Sportsbook, 888 Sportsbook, and William Hill Sportsbook. You won't be disappointed!