The sports betting industry is a sector that has faced many legal challenges in recent years. With the official rollout taking place in January 2021, sports betting is still illegal in some states and areas. But the best thing about this industry is that it is still growing rapidly and emerging through sports betting apps, despite having to deal with several challenges and warnings in the past.
Sports betting is currently the fastest growing sector in the global gaming industry. As per Statista, it is expected to account for a huge market share of $92.9 billion by 2023, with a CAGR of 6.9%. While it seems clear that the coronavirus (COVID-19) pandemic (global pandemic) is blocking the demand for gambling, sports betting continues to thrive thanks to the creation of new and convenient online sports betting apps programs.
Finally, with the legalization of sports and mobile betting apps, there are several best sports gambling apps that are making their way to the market.
Sports Betting Popularity
As per Dave Finn, who directs the Draft Kings account for Taylor in New York, ‘Sports betting is very popular and New Jersey is ahead of Mega in revenue,’ referring to Megabet, the UK’s most famous sports betting company.
Sports betting has become a huge industry. According to Legal Sports Report, in October 2019, Americans spent more than $12 billion in legal sports betting. Of that amount, $858 million was used for sports betting, whereas the state kept $103 million.
As per a report by Technavio, the sports betting market size will grow up to USD 106.25 billion at a CAGR of 9.70% during 2021-2025.
What To Look for in Sports Betting Apps?
Choosing the best real money betting app is not easy. There are many suppliers that offer different levels of quality, safety, and service. It will take time to get to the full ranking, but let’s take a quick look at what we think is the most important. Here are four factors that go into finding the best sports betting apps for real cash bets.
Safety and security
Ensuring that secure sports applications are used is critical to the quality of your gaming experience. You need to have peace of mind to know that your money is safe, your bets will be fulfilled, and you will not take advantage of opportunities by putting yourself at risk. Security and safety are two of the most important criteria we always look at when creating and updating our list of recommended best sports gambling apps.
Rewards
In the event that you have two gaming applications one next to the other and they’re similar in each sense, with the exception of one gives you free cash for betting, where are you going to take your action? You should snatch that free cash! Search for huge rewards that sportsbook apps offer and are easy to clear, accessible to bettors, and cover several (if not all) sports.
Banking options
Apps for online sports betting are useless if a money transfer is difficult. You must be able to deposit funds immediately and withdraw funds at least a few hours or days later. The leading best sports betting app development for iPhone and Android offers secure and high-quality banking options.
Benefits of Mobile Sports Betting Apps
Online sports betting mobile apps have a number of advantages. Draftkings and Fanduel are the apps that have transformed the industry in a great way. Here are some of the main benefits that mobile apps offer:
Convenience
One of the main reasons people use their smartphones to bet is convenience. Mobile phones do not require a lot of parts to operate, they are lightweight, can be carried anywhere, and are available worldwide. This not only changes the betting experience but also allows users to place bets on the go.
User experience
There is no doubt that all sports betting platforms are very responsive. All sports betting platforms are designed to be compatible with a variety of devices. Responsive websites get the job done, but they don’t provide the desired betting or user experience. As a result, various sports betting platforms have moved to mobile online betting apps, providing users with the industry’s best gaming experience. That’s the reason why people are getting started with fantasy sports app.
Access to diverse games
What’s the best thing about various smartphones with gaming access? It provides a great gaming experience even on small screens. It gives players access to a wide variety of virtual games, slots, esports, professional sports, casinos, and more, so you can choose the sport that best suits your betting style.
24/7 Access
The best sport betting apps give you access to a variety of betting markets so you can bet anywhere, anytime. With high-speed internet connection providing ideal bets, different bet types provide more convenient betting conditions and more. Smartphones allow users to access the betting platform 24 hours a day, 7 days a week.
More privacy
Many people want to explore the betting markets, but privacy concerns prevent them from visiting the betting markets and exploring options. Mobile gambling apps allow you to research the betting markets, the types of bets, the sports you can bet on, and more while protecting your privacy.
Practice and free play
Various best online betting apps allow players to practice and hone their betting skills by offering free and low-cost practice games. This allows players to try out new games, bet types, betting markets, and more without any financial commitment.
Mobile bonus
There is mobile sports betting that has been around for a long time. There are several professional gamblers who turn to mobile sports betting apps. Almost all mobile sports betting apps offer subscription bonuses for downloads and mobile sports betting to make all sports betting stand out and clean up the clutter. It not only allows a large number of users to take download the app, but it also renders easy access and provides a great user experience.
Popular Types Of Sports Betting Apps
Crypto Sports Betting
If you are looking for higher bonuses with easy withdrawal options, cryptocurrency betting is your best bet. These sports betting, which is mostly based on bitcoin and altcoins, is very popular these days.
Straight Bets
This is the most popular among sports fans, especially when it comes to sports such as football and basketball. It’s very simple, and app developers do a good job of it.
Point Spreads
Bets are placed on the player covering the spread and not on the player or team. Due to this, it is widely famous in the USA for football along with other sports too.
Total Line Bets
This bet offers an alternative way to place bets on your soccer and basketball teams. It is determined by the sum of the points of the two groups.
Moneyline
In money line bets you only bet on who wins and gets the higher or lower price, depending on whether the winner is the favorite or the loser. For example, if you bet $ 470 on your likes, you get $ 100, but if you bet $100 on your likes, you get $ 250 if you win.
Teasers
A teaser is a parlay bet variation that offers small prizes for big changes in the distribution of points in your favor. In this, basketball, and soccer games programs get the most out of the additional teaser betting options.
Prop bets
The best sports betting apps are looking for ways to attract users who have never bet before. Prop Betting is a fun and easy betting app that are beginner-friendly. In this type of sports software solutions, bets are made on event details that do not require knowledge of the team you are playing on. For example, if the cart number in a racing game is greater than 9, then which side wins the reels?
Head-to-head bets
Head-to-head bets are one aspect of the money line in which you place your bet on a winner. For example, in cars or horse races.
Parlays
Parley, also known as stack bets, combines multiple bets into one bet. The more bets are added to the pool, the higher the probability of winning. However, if you lose one of your bets, you will lose your entire bet.
Best Sports Betting Mobile Apps in 2021
When you visit the Play Store or App Store, you can come across a variety of mobile sports betting apps that are known to offer the best betting experience. With the advent of various mobile betting apps and mobile sports betting sites, it can be difficult to choose the one that suits your needs.
That’s why we’ve compiled our list of the best mobile sports betting for 2021. This way you will be able to download the app and get the best betting experience possible. Some of these apps accept new laws and offer new deals for clients to get started.
Bet365
One of the most popular and trusted mobile bookmakers is bet365. The platform provides users with access to approximately 140,000 events that take place annually and offers live streaming options for major sports such as tennis, football, basketball, Irish horse racing, live games, and many other sports for partial and automatic cash distribution.
The app also provides safe transportation for betting players, access to major events, easy UI navigation, and access to games like poker and casinos. Apps can be downloaded from Google Play Store and App Store.
William Hill
William Hill is ranked second in online mobile betting and best soccer betting app. The app provides users with state-of-the-art scoreboards for a variety of sports such as boxing, soccer, and table tennis, as well as options to enhance their betting experience. The app also includes various features such as in-game updates, race acceleration, cash income, partial cash income, flash capabilities, and more. This app is also available on both Google Play Store and App Store.
Betfair
If you want to expand your experience and place bets on a wide range of sporting and non-sporting events, Betfair is the app for you. Betfair allows you to place bets on horse racing, tennis, dog racing, cricket, boxing, golf, rugby, political racing, and elections. The app has features such as race notifications, live streaming, two-touch race betting, notifications, in-game betting, all aspects of advantage, equality in multiplayer games, and best major league odds. This app is available in the Play Store and App Store.
BetVictor
BetVictor offers a betting product that allows you to create your own markets and add different options to place your own bets. The app offers live streams with real-time updates, as well as payouts for various sports such as live betting, soccer, and horse racing. The app also provides access to the casino and offers a wide variety of sportsbook betting. BetVictor is available on both Google Play Store and App Store.
PaddyPower
Paddy Power‘s user-friendly interface makes it easy to navigate and find your favorite games. This app gives you access to the live casino lobby and access to various casino games such as Roulette, Blackjack, Giant Grizzly, Blue Wizard, Spinwin, Quantum Roulette, Age of God Collection, and many more. The app includes a quick registration and deposit process that can be launched in less than 5 minutes and also supports a free play mode.
Want To Get Started?
Mobile betting trends are usually a good way to predict what will happen in the game you want to bet on.
All market research reveals one thing behind the continued popularity of sports betting- the online and digital revolution. Colossal growth in sports betting is expected, mainly due to the global spread of the internet and the investment of professional bookmakers in digital platforms to meet the demand for online sports betting.
The gaming industry market is highly competitive because it is very profitable and the future of sports industry is bright.
Entering this space requires a dedicated sports app development team of professionals who understand the nature of such projects and offer high quality solutions.