Tag: sports betting

Global sports betting – Market size and growth

The global sports betting market continues to maintain incredible growth in 2020. In fact, this is one of the fastest growing industries in the world, bringing huge profits to both bookmakers. Many sports betting enthusiasts in the US will certainly not be able to ignore this information.

With the burgeoning digital revolution, the industry continues to undergo new changes, increasingly expanding. But it is not that there are no reliable statistics. So it just stops the more modest numbers

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According to Statista, a highly reputable data company and licensed online sports betting accounts for up to $ 39.7 billion in revenue. However, the rest is located at venues such as casinos and racecourse, dog racing.

If this pace continues, US sports betting will gain an increasingly significant share of the world market. According to a recent Statista survey, more than 50 percent of US citizens admit to having bet on a sporting event at least once in their lifetime. With the stigma still surrounding sports betting in the US, this is an astonishing survey.

With a population of over 4 billion, it is not surprising that the APAC region holds the most significant market share in the sports betting industry. It is estimated that residents who fall into the APAC region contribute up to 47 percent of world sales.

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However, the economic prosperity of the rest of the region provides usable income for recreational activities. As income continues to rise in the APAC region, more and more funds are being invested in sporting events.

While all eyes are on the United States and APAC, sports betting is still growing in other parts of the world. Although growth may not seem strong or impressive in Australia and Europe, it is mainly due to the long history in these areas.

Artificial intelligence can advise future sports betting players

Every big football like Euro or World Cup, the betting world becomes exciting. There are people who are fortunate to earn a fortune, but there are also many people who are empty-handed. Is that in the future, when AI technology is booming. Can it offer advice to minimize the risk of losing a player?

According to BGR News, scientists are exploring how AI and machine learning predict the outcome of sports betting. That’s computer power has the potential to outperform an analytical child’s ability people.

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Specifically, they rely on machine learning, common statistics, and random approaches to make forecasts. The applied method is explained in detail by MIT Technology Review.

Instead of calculating the results at each arm, the process calculates the results of the random arms. It does this multiple times, each with a different set of branches also randomly selected. The end result is an average of all randomly generated decisions.

They analyze the probability of winning conditionally to create results for each stage in the tournament. The method indicates that Spain are better than Germany. Because Germany has a relatively high elimination rate in the round of 16 teams.

The data is then processed by the company so it can generate probability forecasts. Finally, the prediction was made that Germany will beat Brazil to crown, while the remaining two teams in the top 4 are Spain and France.

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Another company, Goldman Sachs, was also involved in the game using machine learning. Up to now, all of these predictions were wrong, because Germany came home right after the group stage. It’s too early to say that AI is likely to make more accurate predictions in the future.

Thereby it becomes an effective tool to help betting players more confident when participating in the fight with the house. Because football is an unpredictable sport with the element of surprise that can happen at any time.

Sports betting takes technology products to the next level

In the US, the amount of illegal sports betting is up to 150 billion dollars a year. They even have it right after that situation ends. These highlights videos excite viewers in predicting the next evolution of the match.

From there, bet on the probabilities. It is the success of WSC Sports that has motivated other technology groups to invest more heavily in online sports betting. All information that customers need must be available.

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WSC Sports will automatically send videos of the match’s most notable situations to the user’s facebook account. This makes them feel excited, curious to predict the situation that will happen next in the match.

In the match betting is a more modern type of betting where bettors can bet on an event when it happens. Odds that are adjusted after the event starts reflect how it started and what is expected to open when the event takes place. Odds are updated continuously until betting closes just before the event ends or when the event ends.

Specifically, they rely on machine learning, common statistics, and random approaches to make forecasts. Instead of calculating the results at each arm, the process calculates the results of the random arms. It does this multiple times, each with a different set of branches also randomly selected. The end betting result is an average of all randomly generated decisions

The Emergence Of Sports Betting

Optimove provides services to assist betting companies in interacting with the user of the application through every touch point, every click. They are even interacting via email. Because football is an unpredictable sport with the element of surprise that can happen at any time. Given the momentum of today’s technology, we cannot know what awaits AI ahead.

Another company, Goldman Sachs, was also involved in the game using machine learning. They ran 200,000 simulations and made predictions that Brazil won against Germany in the final.

188bet is under long-term maintenance because of corona outbreaks

Philippine President Rodrigo Duterte issued declaration order 929 on March 12 with a series of quarantine measures and a suspension of travel to and from Manila to limit the spread of Corona – Covid 19 virus.

Not only industries such as tourism, restaurants, shopping centers, education, … casinos and online entertainment websites based in Makati cannot avoid the impact of this epidemic. One of them is 188bet sports betting website and online casino with headquarters in Makati, Manila. This is an area heavily affected and stagnated by a prolonged epidemic

On the morning of March 21, 2020, 188bet made the first move to close all 188bet access to the house, temporarily suspending support for all online entertainment products and services to coordinate with the government in realizing execute this 929 statement.

Similar to the link on 188bet is blocked by network operators in Vietnam, during 188bet maintenance due to epidemics players will not be able to access this homepage of this house. However, players will not be provided backup link on 188bet because all 188bet links are not accessible. Players should note this point to avoid joining the 188bet impersonator.

Is the money in 188bet lost during maintenance?

Although no official announcement time for operation again. But by brand reputation, the 188bet dealer with over 5 years of operation can ensure all information and money in 188bet players are safe and absolutely reserved.

How long does 188bet maintain and when does it finish?

With the disease situation becoming serious and the current speed of spread, the operating time of entertainment companies in general and of 188bet in particular seems to be far away. The maintenance period of the 188bet dealer is still a question mark and largely depends on the disease situation in the country.

The situation has not shown signs of positive change and more and more bookies are announcing long-term maintenance. However, players can still choose other online bookmakers and entertainment sites during the 188bet bookmaker maintenance. For assistance with entertainment registration on alternative websites, members please contact us via online livechat.

Hopefully, the above information will help players feel more secure about 188bet’s long-term maintenance and choose a reputable, safer alternative entertainment address. Wishing members of 188bet health to overcome this challenge!

The great experiences to easily win in football betting (Part 2)

Depending on your forte or hobby, the player chooses the type of bet that is good for you. There are players who bet on the left half handicap, some people choose vibrating trusses, corner rafters, penalty cards, etc.

In addition, there are many forms of football betting such as guessing which team serves the ball first, which team is penalized first corner, yellow card, red card, camera trainer first, etc.

In particular, the question that most newbies often wonder what is the half-handicap football betting? As the name implies, that means we accept the opponent’s left half.

For example, Team C handicaps the left half of Team D before a 0-0.5 match. If Team C wins 1-0 then the result is 1-0.5. In case of 1-1 draw, the result is 1-1.5, ie, team C loses team D. If it loses 0-1, it will be the same as above. The favorite is the stronger team, the lower is the weaker team.

What is vibration in football betting?

This type of rafters is applied when the match is in progress and the player conducts a match for the period of time the dealer raises. According to the experience of playing football betting of long-term players, the truss with low capital ratio but high betting is an opportunity to get capital fast.

Select a reputable dealer before placing your bet

Currently, with the strong development of information technology, online football betting is dominating the entertainment market worldwide because of its many benefits.

Anywhere, anytime, players can still bet as long as there is a smartphone, tablet, laptop, iphone, ipad, etc. connected to the internet.

Football betting experiences are easy to win from the masters

In addition, online football betting is safe no longer depends on the player choosing a reputable dealer address to play.

Because these bookmakers are licensed by leading betting agencies. Using the most modern security software to ensure absolute privacy of personal information that is not known by third parties.

The site is equipped with advanced technology; rich betting game products with attractive vivid interface. The process of sending – withdrawing money quickly commits to guaranteeing members; The dedicated support team members 24/7.

NFL allows stadium to build betting lounges

The National league fought against gambling for years, citing concerns about the integrity of the sport. In 2015, it pack up a fantasy football convention in Las Vegas headlined by quarterback Tony Romo for its mere whiff of gambling; in 2016, since the other major leagues inked official partnerships with daily fantasy sports sites such as FanDuel or DraftKings, the NFL allowed its teams to form team-level deals but didn’t enter any league-wide deal until 2019.

For its 2020 season, the NFL will allow teams to sign with sportsbook and casino sponsors and build betting lounges inside their stadiums, the league told teams last week.

Only teams with legal sports betting in their state are going to be ready to sign such sponsorships, and only with sportsbooks or casinos that are licensed within the state.

Casino sponsors of teams are going to be allowed to use the official team logos in their advertising and marketing. In other words, you’ll soon hear a casino in Pennsylvania advertising itself as “the official sportsbook sponsor of the Philadelphia Eagles.”

As for the physical lounges, they’re going to not have betting windows or physical bet-taking of any kind – the league remains prohibiting that – but can have signage of the sponsor and monitors showing odds and bets. The sponsors also can use such lounges to check in customers. The lounges are going to be confined to the world of stadiums referred to as the upper bowl.

These will basically be designated physical spaces for mobile depending on smartphones.

The NFL’s official casino partner is Caesars, and its official daily fantasy sports partner is DraftKings, but teams are still liberal to make their own team-specific local casino deals, and lots of have.

Gillette Stadium (home to the New England Patriots), AT&T Stadium (Dallas Cowboys), and Arrowhead Stadium (Kansas City Chiefs) all have designated DraftKings fantasy sports lounges already, and therefore the new betting lounges would look basically the same; what’s new is that the ability for teams to possess official sportsbook sponsors.

The popular way to bet basketball nowadays (Part 3)

Know how to manage time, finance

A smart player who always knows how to manage his time so as not to affect his health and work. Do not because of insatiable indulgence that makes the quality of work decreases. It is best to treat gambling as entertainment, not a profession to make money.

In addition to managing your account, you also need to know how to manage your finances. Do not be too serious about winning and losing that push yourself into debt times.

Do not play spread out all matches and not all the money that you have. You should always keep some money for yourself in case you lose a bet. Specialist red and black no one can predict the outcome so you have to have a defensive plan.

Choose the appropriate odds

Basketball betting has many different forms and we cannot hug all kinds of bets. Know the most appropriate odds for yourself to win.

Learn about basketball teams

If you decide to bet on basketball that day, be sure to find out carefully about the two teams whether it is away or away. Usually, the home field of the teams will have a more confident play and also be favored. In addition, you also need to learn fitness, trauma and many other issues can affect the final outcome of the match.

Choose the bet for which team is stable

The safest option is that everyone should choose for teams with stable play from the beginning of the season. The teams have a stable play that proves they are confident and experienced. This can greatly affect the outcome of a match.

Conclude

Hopefully, with the sharing in the article above can help people have an overview and can grasp the tips to win when playing basketball betting. Enlist yourself to accumulate a lot of own secrets to get rich with gambling games.

Three Tips for Sports Betting in 2020

Many dream of making money from their hobby. Sports fans are emotional people. They know about their team even more than any other sports columnist. They spend their whole life rooting for a certain sports club or athlete. But did you know that you could turn your love of sports into income? That said, in order to make money on sports betting, you need to approach the matter seriously and take into account several important factors.

If you are looking for sports betting tips, here are three selections that could generate a profit for you next year.

Novak Djokovic To Win Australian Open

Novak Djokovic won the Australian Open for seven times and this year, he proved once again that he is the King of Melbourne Park.

Djokovic has won 16 Grand Slam titles up to now and is just four away from Roger Federer’s tally. The Serbian can edge one closer to the Swiss player with his victory in the opening Grand Slam of the year.

Rory McIlroy To Win The US Masters

Rory McIlroy only needs the US Masters to complete his set of Major Championships as well as he can gain the Green Jacket with victory at Augusta in April.

The Northern Irishman didn’t add to his Major count in 2019 but he ended his season by sealing the FedEx Cup on the PGA Tour after his success in the Tour Championship at East Lake.

McIlroy has shown good form around Augusta so it is a course that he is very comfortable with. The bookmakers have priced him up at +1000 for the sports event in Georgia, where he is the man to beat.

Los Angeles Clippers To Win The NBA Championship

It’s all change in the NBA this season because the Golden State Warriors, Toronto Raptors, and Cleveland Cavaliers are no longer the dominant forces in the league.

Meanwhile, Los Angeles Clippers and Los Angeles Lakers top the betting after acquiring Leonard Kawhi and Lebron James respectively.

The Clippers showed their strenth when beating the Lakers 111-106 on Christmas Day, and they should be taken at +325 in order to win the NBA Championship.

We hope that you enjoy all the action in the next year and good luck if you are having a bet on the above three selections!

New Hampshire approved sports betting for next year

Last week, the New Hampshire Lottery Commission approved a contract on sports-betting with DraftKings allowing the state to become the second in New England to allow betting on games.

The advisory body to Republican Gov. Chris Sununu, Executive Council, voted to approve the 6-year contract to operate sportsbooks in the state with the possibility of 2-year extensions. DraftKings will pay the lottery 51 percent of gross gaming revenue for mobile and 50 percent of gross gaming revenue from retail locations.

The New Hampshire Lottery Commission expects that sports wagering on DraftKings mobile app to be able to start in January. Physical locations for sports wagering are expected to be running by late winter or early spring.

Sununu tweeted that they moved fast to get this done, and the deal was a win for NH. They are partnering with a world-class company in order to provide a first-rate customer service experience. Everyone will now be able to bet on the @Patriots and TomBrady in time for this year’s Super Bowl.

The move comes a few weeks after residents in Berlin, Laconia, Claremont, Somersworth, and Manchester voted to permit the operation of sportsbook retail locations in their communities.

The law of the state allows anyone more than 18 to take part in online sports betting. It also allows the state to launch up a “sports book” retail location in order to facilitate sports betting. That will be allowed via as many as five online sportsbooks and as many as 10 physical sportsbook locations.

Currently, Rhode Island is the only New England state which has launched sports betting. Revenue has well fallen short of projections in most states with legalized sports wagering.

]ƠBesides its mobile app, DraftKings will also oversee physical sportsbook operations in New Hampshire. The council amended the contract for another company, Intralot, providing the technology for the lottery. It will pay the lottery 19.25% of gross gaming revenue and provide some sports wagers on machines already selling lottery tickets.

Complete guide and tips about basketball betting (Part 1)

If you’ve ever played soccer betting, it’s easy to learn about basketball betting. However, basketball betting still has differences, you need to pay attention to increase the win rate when playing. In order for players to understand more about this subject, we will introduce some information such as betting rules at the bookmakers, how to bet basketball and quick betting tips for winning as follows.

Introducing basketball betting

It can be seen that in recent years basketball has grown constantly and always captured a solid position in the hearts of every person. Not only popular in the world, but in Vietnam, this game is loved by many people. Every year our country often cooperates with Southeast Asian countries to open basketball tournaments. From these tournaments, people can exchange culture and economy with other countries.

Because basketball is interested in serving everyone, the bookmakers offer online basketball betting. Compared to football betting, this game is not as attractive as it is, but if you go into it, you will also have a great passion. You are even more passionate than football betting games.

General rules for basketball betting at bookmakers

Knowing the rules of the game can not only help people win and not break the rules when betting. Sometimes the transgressions make you lose even more. Here are some rules when betting on basketball everyone must remember.

Basketball betting results need to be based on the result of the first match including all minutes played, extra time and extra time. When playing basketball everyone will play until the classification of victory and loss should never have a tie.

If you have made a bet but the basketball match is canceled for any reason then your bets will be void and the bet amount will be promptly sent to the main account by the system.

If a basketball match has already started but due to a problem being suspended or canceled then the result of the match will still be considered valid if the match took place 43 minutes for the NBA tournament and 35 minutes for any basketball game.

For these matches bets are also considered valid if the result is the official organizers of the tournament. Otherwise, bets will be void and the funds will be transferred to the player’s account.