Technology developed at a rapid pace in the 21st century and reshaped various industries. Professional hockey and its sports betting scene are two of the fields that benefited from this. Thanks to modern hardware, several notable developments have emerged, improving the overall quality of life while engaging fans in new and exciting ways.
Here’s a closer look at the following trends shaping modern hockey sports betting:
Rise of app-based betting platforms
The most influential development in sports betting is how it made placing wagers possible using mobile devices. This enhances convenience, allowing you to bet on the go and giving you access to a plethora of betting markets right at your fingertips. Many of them support all kinds of currencies ranging from traditional fiat money like the dollar to cryptocurrencies like Bitcoin (BTC).
Dedicated bookmaker apps are available but you can also check out hybrid betting platforms. Thus, some Bitcoin casinos can also offer sports betting services. This caters to your needs if you like playing slots and table games and use your winnings to bet on hockey events.
Advantages of sports betting apps
If you’re new to this betting landscape, it’s essential to examine its advantages that improve the quality of placing wagers on hockey games:
- User convenience: The most important advantage a bookmaker app brings you is how it trivialises sports betting as an experience. You no longer have to visit a booth or dedicated gambling house to place your bets. Just grab your phone, launch the app, and manage your wagers in the palm of your hand easily.
- Live or future betting without attending the match: If you’re unable to attend a sporting event, the bookmaker app ensures you can still participate in betting. Whether you want to make predictions ahead of time or engage in live betting while away from the action, the app provides convenient access. It automatically processes your winning bets once the markets are settled.
Integration of crypto in sports betting
Using Bitcoin for sports betting has become the norm for many online bookmakers now. Not only does it bring the benefits of blockchain technology to hockey betters, but it also makes the sport open to crypto traders. Thus, both sides enjoy the best from the merger, allowing everyone to enjoy the best of both worlds.
Among the most popular crypto used for hockey betting are Bitcoin, Ethereum (ETH), Tether (USDT), and Litecoin (LTC). All of which boast solid reputations, stable economies, and high liquidity. For instance, Tether (USDT), a stablecoin pegged to the US dollar, offers price stability for those wary of cryptocurrency volatility. You can check the current USDT price online to see if it aligns with your betting strategy. Each of the best Bitcoin casino and bookmakers also supports these top-traded assets in the market, making payouts and jackpot wins so much more exciting.
Advantages of crypto betting
Transitioning from the integration of crypto in hockey betting, it's crucial to explore its advantages:
- Faster transactions than bank transfers: Bank transfers can be sluggish because your money goes through many customs before arriving in your bookmaker wallet. Crypto, on the other hand, can go straight to where you want it to be deposited because of the peer-to-peer payment system.
- Cross-border trading: Unlike fiat currencies, crypto is not bound by geographical borders. You can send your digital assets to any account worldwide. You only need to pay the gas fee when sending money to an online bookmaker that operates outside of Canada. By utilising crypto, you can forgo the conversion rate and remittance fee that would otherwise be deducted from your withdrawals.
Virtual sports betting
Sports betting can incite fear of missing out (FOMO), especially during periods when there are no live events available. To address this gap in excitement, online casinos and bookmakers have introduced virtual sports betting options.
A virtual sport is a simulation of real sports where a theoretical league is formed between artificial teams with players. Most of the time, none of these entities are based on real athletes but the virtual sport and competition structure are inspired by traditional hockey. You can bet on these events as you would in real hockey but the outcome is based on random number generation (RNG).
Advantages of virtual hockey sports betting
Building upon the discussion of innovations in hockey betting, it's essential to delve into the advantages of virtual hockey sports betting:
- Available 24/7 – Virtual sports events are available not only throughout the year but also at any moment of the day. There’s always a new event starting right after a different one so you can never miss out on the chance to place a bet on sports predictions.
- There is no dependency on real events – Sports betting is mostly dependent on how you understand athletes and team matchups. In most cases, it’s so easy to predict the outcome that you end up betting only on exciting games like matches between rivals. That is not an issue with virtual sports betting. All outcomes are randomised so there’s no need to compare teams’ history to guess who will win.
Immerse in the future of hockey betting with cutting-edge technology
As technology continues to reshape the sports betting industry, services are likely to see more trends that will make this activity more fun in the future. For now, it’s good to enjoy the current state of the landscape that benefits from these trends, promising a dynamic and engaging betting experience. Join the best Bitcoin casino Canada sites right now to be one of the millions who enjoy the thrill of these advancements in hockey sports betting.