Online sports betting has come a long way since it was first introduced in the 1990’s. Gone are the days of clumsy and slow website with the option to bet on just a few sports.
We now have an abundance of options when it comes to having a wager online and there are several notable features for customers to enjoy. Bettors no longer have to fill out bet slips or trek miles to a sportsbook. Mobile betting has taken the reins and is certainly now the preferred way for customers to bet. It is estimated that in the UK, over 60% of bets placed are on a mobile, and in the US this is over 70% and growing more each day.
The online iGaming industry is super competitive. Sports betting operators are always looking to bring out new and innovative products to encourage players to bet with them over a rival. In the past 5 years, there has been a whole raft of new and exciting features that put the customer in control and add a whole new range of excitement to betting. Sports betting is more accessible than ever, especially when it comes to betting on our mobiles and tablets. All you need is an account, an internet connection and you are good to go.
If you are planning to have a cheeky bet on your team this weekend, you must check out the features below.
One of the best options to his mobile betting applications is called a bet builder. The bet builder feature is the perfect way to create the wager you want to place. You might have an idea in mind of the wager but cannot find it on the sportsbook and that is where the bet builder comes into play. The bet builder feature allows you to create many unique betting opportunities by adding odds from different markets to your betting slip and having the sportsbook calculate new odds for you automatically. So, if you are going to have a wager on an NFL game for example, the bet builder feature means you can add several markets together to create one bet.
This is also known as the parlay wager and it has grown into one of the most popular ways to bet on sport. The same game parlay on FanDuel as covered here on Gamble USA is a good example and this feature at one of the United States leading online sportsbooks allows you to add multiple odds from the same game to create one bet. For example, in an NFL game you could bet on which team you think will win the game (moneyline), the player to score the most touchdowns, total points, and the team to win the first quarter. This feature on the FanDuel betting app will combine these markets to produce odds for a single bet.
FanDuel are one of the most popular sportsbooks in the US and it is features like the same game parlay that keeps customers coming back. Being able to bet on multiple options on the same game has proved to be hugely popular and is no doubt one of the reasons why the sportsbook is so popular.
If you are new to online sports betting, live betting is something you are going to want to check out immediately. Live betting, also known as in-play betting, allows you to have a wager on an event as the event takes place. Punters often enjoy having a wager on a live event because the sportsbooks do not have as much time to compile the odds as the game progresses and this often results in better value than if you bet prior to the event. Live betting is an exciting feature because you can watch the action unfold and place your bets having had time to judge what you think is going to happen in the time that remains. In-play betting is a tremendous feature and one you must use if having a bet this weekend.
Live betting or in game wagering is available on most of the big sports, including soccer, football, baseball and basketball. It takes sports wagering to a whole new level and lets customers really get involved in the game. Most of the big sports betting operators now have some form of in play betting but not all. It is now one of the main factors customers consider before deciding to join a sportsbook.
Another of the top betting features you must use this weekend is the cash out feature. You will need to check with your sportsbooks before having a wager if your bet is eligible for cash out but if it is, you need to be ready to act quickly. If your wager is going well but you feel as though things could change before the end of the game, you can accept the profit being offered by the sportsbook and cash out. If the bet is going badly, the sportsbook will offer you a smaller amount, less than you bet but you may consider it better than nothing and reduce your losses by accepting the offer.
Cash out puts players in control of their bet. If they don’t think their bet will come in, they can end the bet early and get a reduced pay-out. Ok it’s not as good as winning, but it is sure better than losing everything. Afterall, not everyone can get their bets right all the time.
These are just three of the excellent features you must check out if having a wager this weekend.
So where do sportsbooks go next? Well virtual sports betting in the virtual world is one place you can guarantee sports betting operators will look to expand into. The metaverse is already causing a lot of noise with parties, sports, and socialising now taking place there.
We play games online, shop, interact with friends and more and it’s only going to increase over the next few years. Just like sports betting on our mobiles.
