How to Use Global Sports Betting Online Markets
The changing landscape of sports betting is about digitization and the industry move to the online world. Tech and media companies like Google and Microsoft are carefully following the laws regarding online gambling and are preparing to enter the global marketplace.
This is what the future of sports betting will probably look like
- Almost all sports betting will take place online. More than that, bettors will use their phones to place bets – in real time.
- The dominant bettors will not be human, they will be robots betting on behalf of humans. They will be fast, powerful and driven by massive amounts of data.
- Large tech companies will emerge as mega bookmakers.
- Sports leagues will profit directly off of legal sports betting.
- The U.S. online sports betting market – post-legalization – will be the largest in the world and its establishment will energize the entire global market of sports betting.
When businesses that have made billions from digital offerings and social media dive into the realm of sports betting, the impact will be on a global scale. How to use online sports betting global market platforms will create new betting hedges for educated bettors.
The Emerging Technologies
What are the other ways computers are entering the sports betting arena. Sports bettors are familiar with these new computer algorithms that attempt to predict the outcome of games and races. They accumulate years of data and trends and run them through software programs that can make accurate predictions sometimes. This has already changed the way many bettors are planning out their bets. They use this data to wait until the odds are at their best before picking and betting on their selection. Though the bundle of apps claiming to be sports predictions may not be any more accurate than their human counterparts, the more sophisticated software is making impressive showing.
Sports will likely never be a sure thing due to the human element. But looking at predictive price management and analytic software dealing with trends and human interactions, we can assume the most unlikely of outcomes may become predictable.
Betting in Real Time: Here Come the Robots
With the entrance of robots as sophisticated bettors, the actual nature of sports betting can dramatically change. From pre-event betting (as sports bets are placed today) to real-time (live betting) betting during the event. This shift will be enabled by the data fed to robots in real time from:
- Motion-tracking cameras located in stadiums
- Microchips placed in uniforms, helmets and sports balls
- Biometrics sensors in athletes’ bodies
The Athlete Biometric Data (ABD) is the true game changer to watch. This is how tech companies plan to analyze something as chaotic as sport. They believe we will begin to see ABD as a commodity sold to companies with an intent to feed that info into their algorithms. Individuals will try using it to place bets in a more traditional and intuitive way. While it will be interesting for casual observers to watch their favorite athletes from a whole new perspective, there will be those who invest millions of dollars and countless hours in deciphering what it all means.
The global sports betting markets
The sports betting industry is a major investment market for a limited number of successful traders. Alternative investment markets are a popular destination for investors with excess cash waiting for a decent return on investment. Most stocks are tied into the economic news with no parameters and direction. It is becoming more difficult for even savvy investors to time the bottom. They have to become much more selective.The sports betting market has been around a long time with some controversy in the earlier years. However, there is a vibrant market in the highly competitive sports arena. The regulated Nevada sports books have the monopoly on legalized sports betting. Can the amateur recreational bettors make money at these books — sometimes, but not in the long run.
The professionals know how to look for the edge and only need to hit a minimum of 54% to make a modest return on investment. Making a 15% to 25% return for the year is very possible. The good ones are few but the results are quick and opportunities exist everyday when soft betting lines are found and exploited. The betting lines are made to divide the betting public. They ideally want even betting on both sides. Their number does come close about 65% of the time. This happens a lot in all sports. They do provide a good service but their stats and computer models can only go so far. Investments in this area have a limited scale and cannot handle the millions or billions that pour into those other markets. But investors with up to one million can see a very nice return with the right professional.
The biggest competitor to these legalized sports books is the internet. The reputable online sports books were growing very fast until the Port Security Bill was passed with the Illegal Internet Gambling Act attached. One had nothing to do with the other. It was a disaster for many publicly traded gaming companies overseas and the US betting public. The betting investment options on the internet – if it becomes legal – are numerous and sophisticated. The newest formats are the betting exchanges and spread betting in the UK where internet gambling is legal. These new betting formats have many angles to invest in and do provide an edge if you know what to look for.
When the regulatory cloud over this industry is removed, you will see investment vehicles similar to the hedge funds and derivatives that are available in other investment markets. The tax revenues could be in the millions if this market becomes regulated and legal. The demand and growth of the sports betting industry is a real trend. The legal Nevada sports books accept a small fraction of the worldwide betting handle.
How to use global sports betting online markets
The US Supreme Court will soon decide if the ban on sports betting by the federal government is unconstitutional. Early signs indicate a favorable ruling for the states wishing to start their own legal sports betting platform. Many states are looking for additional revenue for their cash strapped budgets. How and where they will create a sports betting structure is currently under review by many states. Casinos and race tracks will be the likely places to build a sports betting area. However, establishing an online legal presence will open up to world markets. Creating an account with the United Kingdom betting markets for US bettors is the next step to globalization of the sports betting industry. The UK is the leader in spread betting innovations and exchange betting formats. Most US sports bettors are unfamiliar with these two optional sports betting platforms using American sports but with better odds and profits.
Creating online global accounts
If US legalization allows cross pollination with other legal sports betting global markets in the UK, US bettors can establish online arbitrage accounts between the US fixed betting style versus the spread betting or exchange betting style formats. Placing bets on the same game after comparing their respective odds in the global marketplace creates better winning percentages. This is for the professional bettor looking for all the possible options for hedging or larger profits.
Sports betting has set rules disciplined bettors follow but there are times when speculation can be to your advantage.
The UK markets will not accept US bettors until legalization is passed. They want to open to US bettors, their largest market, but only without the hassles of the US government which they experienced in the past. The major UK operators are William Hill (already in Vegas), Sporting Index, Betfair and others. As a past member with Sporting Index, I was very pleased and totally interested in their betting software options, a very sophisticated list of betting opportunities for the astute handicapper.
After the Port Authority Bill was passed by US, online internet gambling was outlawed and the UK was forced to drop their biggest market, the US sports bettor. If the ban is lifted by the courts, creating an online account with any UK operators you know is an easy process using a third party payment processor. The best one before being forced out of US market was Neteller. Depositing and withdraws were done in twenty minutes or less with your bank account. Getting paid the same day after winning was a simple withdraw process using Neteller with a small fee of 3.5% of amount requested. Money was in your bank account within minutes. Much better than the current off-shore books that can take a week with higher fees. Online global accounts is the best way to use sports betting as an investment model similar to other types of investments like stocks, bonds and commodities. By upgrading your expertise and creating new betting models is the future of online sports betting.
A combination of fixed odds betting, spread betting and exchange betting creates those new betting models to explore and use accordingly for future profits. Post legalization will expand global betting opportunities if you know where to look and how to be prepared.