Sports betting never used to be a popular feature in traditional casinos. Much of the gambling action was taken up by slots and table games. However, with the evolution of the casino industry and the growth in popularity of sports betting, the two disciplines have now had a convergence.
This is especially so with the growth of online betting, a model that has seen casino players increase in their millions. So what is it that makes sports betting so popular?
Popularity of sports disciplines
People out here love sports. Every match day, millions of fans turn out to cheer different teams playing matches all over the world. From basketball to football, rugby, ice hockey, American football and racing, there is never short of sporting action to enjoy. An even greater number of people watches the action on TV. More recently, also, there has been the rise of e-sports and they too are gaining popularity fast.
People who follow these activities feel like they have good knowledge of them and hence feel more confident betting on them. You will find that there is a particular bias towards the sport they support when fans venture into casino betting.
The moral aspect
Casino gaming has always been viewed with suspicion by moral campaigners. As such, most of the traditional games are still frowned upon. In some households, for example, it is almost taboo to play cards for money.
Sports, thus, offers itself as a more acceptable betting platform. People can place stakes on sporting events and it will be viewed as just leisure rather than an immoral way of making money.
In the same way, there is an entire array of games to bet on, each game has numerous markets to bet on. In a game of football, for instance, punters can bet on correct scores, outright wins, over/under a certain number of goals to be scored, particular teams/players to score, yellow/ red cards among numerous other markets. This makes the practice attractive both for players and betting houses.
The rise of live betting- a model where punters can make predictions as a game progresses- has only made the gaming type more popular.