2021’s Biggest Online Gambling Trends
Every year sees the rise in different trends in online gambling, and 2021’s no different. Where years past saw the increase in mobile gaming and live dealer games, this year should bring with it a rise in Bitcoin gambling, blockchain gambling development, faster internet, and even more eSports betting.
Most of those trends are thanks to developments in technology that made them possible. One of them, however, is also due in part to the unusual and unprecedented circumstances resulting from the current global health crisis.
Increase In Bitcoin Gambling
Bitcoin, as well as other cryptocurrencies such as Dogecoin, are enjoying a particularly promising moment in the sun, especially after recent endorsement by Elon Musk. According to reports, the price of Bitcoin has seen a massive increase; so much so, that it is more than double its previous high.
The popularity of cryptocurrency is not all down to the SpaceX CEO, of course. Bitcoin, for example, has turned people into millionaires – and casino operators know this. As a result, more and more online gambling destinations are accepting Bitcoin and other cryptocurrencies such as Litecoin, Dogecoin, and Ethereum as deposit and withdrawal methods. Some sites also have collections of dedicated Bitcoin games.
Development In Blockchain Gaming
Another gambling trend that will gain impetus through 2021 is the continued development of blockchain gaming. Blockchain’s usually associated with the safekeeping and transfer of digital currency. However, it’s also a decentralised and secure technology over which betting transactions can be processed without the threat or possibility of manipulation.
More developers are integrating this technology in new casino games, giving rise to services that are being described as ‘provably fair.’
Faster Internet For More Satisfying Gaming
Whatever the fringe may think of 5G, the technology that’s penetrating more and more regions around the world is going to make a massive difference as far as the speed of data transferral is concerned. Lags during gaming happen because large file sizes take time to transfer.
Some internet connections are so bad that live streaming’s simply not possible. All that will change as the technology becomes the norm, and several developers, such as Ufabet, already are creating complex, immersive games especially for 5G.
The Continued Rise Of eSports Betting
Betting on eSports has enjoyed a surge in popularity over the last few years, but 2020 has added even more momentum. Countless people discovered and rediscovered video gaming during lockdowns – including games that allow individual players and teams to compete against each other. With the increased awareness of eSports comes an increased awareness of betting on tournaments.
There doubtlessly will be other online gambling trends to emerge as the year progresses, but those described above are likely to be the biggest of the lot.