Cricket betting has evolved over the years. Thanks to the increased popularity of sports and the ever-advancing technology. Punters can easily access the latest cricket match odds, which was challenging. With the sports wagering available to many bookmakers, we couldn’t help but marvel at how things have improved in the industry. This article discusses how cricket betting has evolved with the help of technology.
Early Stages of Cricket Betting
Wagering on crickets dates back to the 18th century when it was not very popular. Many people started developing an interest in staking on the game’s outcome, but most are informal bets. This was because people bet then solely for entertainment.
However, things started changing when the game became more popular, coupled with the emergence of physical bookmakers. Wagering on cricket has become more popular as international events like the Cricket World Cup have become televised, reaching many fans. The emergence of online betting in 1994 made it easy for punters to bet online on this sport.
Modern Cricket Betting Aided By Technology
As technology continues to advance, many bookmakers moved online. It makes it easier for the sport lovers to increase their thrills in the game via punting. With the help of smartphones, bettors can now place bets on the sports without even following it. They can also wager on real-time matches as they progress. It comes with impressive markets and exciting odds. All they need is a laptop or smartphone with a good internet connection.
Ways Technology Influenced the Growth
Wagering on Cricket has increased in recent years, and technological advancements have been at the centre of it. Technology has influenced the industry in many ways. They are:
- Easy Accessibility: Tech has made wagering on this sport more accessible. Punters don’t have to visit a bet shop to place their wager; they can stake in their room or at work. The convenience was because smartphones and internet connections became affordable in nations like India, where cricket is popular.
- Mobile Apps: With smartphone usage rampant online, bookmakers introduced mobile applications to make punting easier. Users can easily install the app on their mobile devices, and wagering anywhere they are becomes easy. The apps give extra security and privacy to bettors, which increases their usage and attracts more people to cricket betting.
- Vast Markets: Unlike before, when punters were limited to few market choices, vast market options are now available online. This is because of an increase in bookies. And as they strive to get more users, many impressive markets are introduced with great odds. You can now bet on total runs scored, innings, MVP winner, etc.
- Live Streaming: The live-streaming services by most bookmakers have increased the thrills of punting on cricket. This feature allows users to watch matches from the site without television or a visit to the venue. With easy access to the real-time game situation, players can easily make better live betting decisions and increase profitability. However, only a selected few matches are available.
- In-Play: Wagering on real-time matches has become more popular these days. Most platforms now allow you to stake on games as they progress. This enables users to take advantage of game situations and profit via better decisions. Live Bet works best with livestreaming features because updates are available on the match in real-time.
- Cryptocurrency: Another notable way technology has improved gambling in this sport is the adoption of cryptocurrency. Bettors can now wager with digital assets on some platforms and even withdraw their winnings as cryptocurrency. The privacy, safety, and convenience provided by Blockchain technology remain a pulling factor, especially for crypto enthusiasts.
- Data and Statistics: More cricket data needed is now available on various platforms and bookmakers. Unlike in the era of shop betting, where statistics are hard to find, you can easily search for game history online at your comfort—an adequate analysis of these data results in more successful wagering decisions.
- Bonuses and Promotions: Promotions are common in online casinos, and this has attracted many players. The joy of playing without risking real money is thrilling. There are many kinds of bonuses, but welcome offers are common online. Some bookmakers offer reload bonuses, cashback, etc. All these are not available for punters when they play in shops.
Amplify Your Winning Chances With the Right Strategies
Even before discussing how technology aided the growth of cricket betting, many already bet on the sport online. However, not everyone knows how to increase their chances of winning with the right tips. Considering adequate research, players’ form and availability, coach competence, weather conditions, etc., can influence profitable wagering decisions.