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Jones Brianna 2020-10-16
The global sports betting market was worth 205.6 billion USD in 2015 and growing at a rate of 4.26% to reach around 253.3 billion USD by the end of 2020. The use of a smartphone or tablet has made it convenient for the fans to place a bet on their instinct. The top four global trends that drive the sports betting market are as follows: Increase in availability of cash alternative:  The sports betting app development market has several types of games like treasures, line bets, spread betting and parlays in the distinct price range. In order to reduce the risk related to cash, the sports betting market in the US allows the bettors to use virtual money. The market also reaches the population that is not a big fan of sports and is also accessible in countries where sports betting is illegal. Gambling apps and social gambling is becoming increasingly popular and is going to drive the growth of the market.
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Jones Brianna 2020-10-16
The global sports betting market was worth 205.6 billion USD in 2015 and growing at a rate of 4.26% to reach around 253.3 billion USD by the end of 2020. The use of a smartphone or tablet has made it convenient for the fans to place a bet on their instinct. The top four global trends that drive the sports betting market are as follows: Increase in availability of cash alternative:  The sports betting app development market has several types of games like treasures, line bets, spread betting and parlays in the distinct price range. In order to reduce the risk related to cash, the sports betting market in the US allows the bettors to use virtual money. The market also reaches the population that is not a big fan of sports and is also accessible in countries where sports betting is illegal. Gambling apps and social gambling is becoming increasingly popular and is going to drive the growth of the market.