Over the past five years, the United States has seen a noticeable rise in the usage and marketing of sports gambling.
Back in May, it was reported by the American Gaming Association (h/t Wayne Parry of the Associated Press) that Americans have spent more than $220 billion in sports gambling over the past five years.
The main key, of course, was the Supreme Court’s historic ruling on overturning the Professional and Amateur Sports Protection Act of 1992 (PASPA). Of course, advanced technology over time has also played a significant factor in the popularity of sports betting.
Ohio is among the states that launched legalized sports betting earlier this year (beginning in January). With the Buckeye State about to enter its busiest time of the sports season, get ready to ignite your winning potential and seize every opportunity to conquer in the upcoming season with Tipico Sportsbook Ohio.
Tipico Sportsbook is currently offering new customers up to $150 in bonus bets if you wager $50. Through Tipico Sportsbook, you can bet on your favorite Ohio-based sports teams such as the NFL’s Cincinnati Bengals and Cleveland Browns, the Ohio State Buckeyes’ collegiate teams, the NBA’s Cleveland Cavaliers and the Cincinnati Reds and Cleveland Guardians of Major League Baseball.
With that all said, let’s examine some ways as to how technology has helped with the growth of sports betting in the United States.
Advertising
If you watch just about any professional sporting event or program on television, you’ll likely notice that they’re featuring betting odds, moneylines, over/under totals and more.
This is because major sports leagues like the NFL, NBA, NHL and MLB have lucrative partnership deals with top sportsbooks. And if you log onto a sports-based website, you’ll likely come across articles or advertisements based on ads.
Even if you take a simple look through sports articles on your cell phone, you’ll likely come across ads relating to sports betting.
Simply put, things like cell phones, laptops/computers, television sets and tablets are a big part of our day-to-day entertainment. That makes it easier than ever for sportsbooks to advertise themselves.
Easy Accessibility
In the olden days, you’d have to go to your local casino or racetrack to place sports betting. But it’s easier than ever now to place wagers on your favorite sporting events and teams in a matter of seconds.
You can download the top sports betting apps on your mobile devices and immediately place a wager. You have the option to place bets before or even during games (live betting), such as the over/under for a points total in a certain game.
And it’s not just about placing wagers on sporting events, either. Through the top sportsbooks available, you can even play your favorite casino games such as poker, blackjack, slots and roulette. Some apps even feature live dealers to give you a real-life feeling of being in an in-person casino.
Quick Payouts
If you had to wait multiple days or even weeks at a time to collect your winnings, you’d probably feel less keen on the idea of frequent sports betting.
But with things like PayPal and online banking, you can collect your prize money in a heartbeat. If you win a wager, sportsbooks will give you the freedom to instantly cash out (just like in-person casinos), so you can feel the thrill of winning a bet right away.
How Sports Betting Began To Take Off In America
The sports betting industry in the U.S. saw the ultimate turning point back in May 2018, when the Supreme Court of the United States overturned the PASPA.
The act was signed in Oct. 1992, and it barred sports betting in most parts of the United States for the next 25 and a half years. But five years ago, the Supreme Court determined that the act violated the nation’s Tenth Amendment.
As such, the PASPA was overturned, giving each U.S. state the freedom to launch mobile/online and/or in-person sports betting. Fast forward just over a half decade later, and 37 of the 50 states have since launched some fashion of legalized sports gambling.
The state of Nevada, one of the global hot spots for casinos and sports betting, was a notable exception from the PASPA. Soon after the Supreme Court made the historic ruling, New Jersey, Delaware and Mississippi quickly moved towards launching sports betting — becoming the first three states after Nevada to legalize it following the overturning of the act.