Gambling is seen by many a great way of making passive income. Traditionally, people had to walk to physical casino buildings to place bets. Rapid advancements in technology are almost rendering physical casinos obsolete, with current betting trends shifting towards virtual and online platforms, especially mobile phones. It is estimated that the mobile gambling industry generates a revenue of over $50 billion a year! Mobile Advertising Watch is predicting a yearly growth rate of 11% within the next decade.
Powerful Smartphones, Faster Browsing Speeds
Tech giants are constantly releasing smartphones with advanced features. Extremely fast processors and high definition screens are now coupled into every other smartphone. These enhanced capabilities make smartphones more suited to gambling.
Betting firms are striving to tap to the enticing online gambling platform. They have gone a step further and made their sites responsive so that they can work on any internet-connected device. The enterprises are also heavily investing in top developers to build user-friendly apps to optimize the clients’ betting experience. Free games and bonuses are incorporated to the apps in an effort to increase download traffic. The applications are published to all major stores; including Apple’s iTunes, Windows Store and Google’s Play Store.
Mobile gambling is not limited to smartphones only. Firms have partnered with telecommunications carriers to enable gambling via text messages. This ensures that people without internet capable phones are not left behind in this growing trend. Text message betting is also convenient when clients are out of data or are in places with poor network coverage that cannot support high speed browsing.
Another reason for mobile gambling’s popularity is the affordability of mobile internet. The cost of making data calls has been reducing drastically. It is expected that service providers will make their browsing tariffs even more pocket friendly in the near future.
Telecommunication carriers are also keeping up with this trend. They are constantly upgrading their hardware to support the latest transmission technologies such as 4G. With high speed browsing rates they will be able to attract more customers to their network translating into higher profit margins.
Players are now able to login into their casino accounts via numerous devices. Betting firms allow users to synchronize their online accounts to a number of devices, increasing accessibility. It is now possible to bet from anywhere, at any time. Another great thing about online gambling which differs to traditional casinos is that you can sign up without having to deposit any money first, also known as mobile casino no deposits. This is great because players can first see if they enjoy the gambling site they are on before committing any real money to it.
Gambling firms have always kept up with shifting trends in technology. In the advent of a shift towards mobile betting, they were quick to adapt to the demands as opposed to other industries who are often left behind.
The lucrative profit returns offered by online gambling have resulted in a rapid increase in the number of online betting firms. While most of them are genuine, a number of them are scammers looking to rip off unaware players of their cash. Players are advised to exercise extreme caution when selecting a betting site. They should go for well-known firms as they have a proven track record. The firms should also have a verifiable license to operate in the locality in which it is based. Moreover, the institution should also be accredited internationally and have legit payout records.