The sports betting industry is on the rise in the United States and this is mainly because wagering on sports is no longer federally illegal. For a long time, the Professional and Amateur Sports Protection Act or PASPA of 1992 has prohibited the majority of the states from regulating sports betting.
Things have changed, however, in May 2018 when the Supreme Court has decided to strike down this law. Since then, many states have already made a move towards local sports betting legislation. So far, 20 states have already legalized the local operations of sports betting within their territories.
Now, one important factor that the majority of these 20 states made sure to include in the legislation is online betting. People are just keener to do many things online nowadays and the mobile market is just really too big for it to be ignored.
Take a look at the state of New York. NY did sign betting into law last year and only took around a month to launch it. However, online betting is still illegal in this state. Definitely, New York has been one of the states that were looking forward to getting a big revenue from this activity. However, New York appears to be struggling.
In December, the state only made over 700,000 US dollars of wagering revenue. This is very far from what New Jersey, which has both online and in-person betting, made in that month which was over 300 million US dollars. Around 80 percent of this revenue is from online betting.
This is just really solid proof that online and mobile betting is what the majority of the bettors prefer and it is what’s boosting the betting industry not only in the US but worldwide. Definitely, online betting has many advantages and here are the reasons why people would rather wager online.
- Convenience
This has to be the main reason why people are placing their bets online. They no longer have to leave their homes just so they can place bets on any sports. They can do this anywhere as long as there is the internet.
People in the US no longer have to go to stadiums, visit Las Vegas and the Atlantic City just to wager on sports. This can now be easily done in just a few minutes without having to line up.
- Promos and Bonuses
The truth is that there are now thousands of online bookies out there and these bookies can go all out when it comes to getting more customers. Many online casinos and bookies would allow punters to get hundreds or even thousands of dollars of bonuses.
You can check the 10Cric promo offers by NostraBet to see what bonuses and promos await punters. Usually, these bookies would go all out on welcome bonuses, but many punters would also take a look at promos for loyal customers.
You may think that brick and mortar casinos and bookies would offer promos too, but it’s not really as often as how online bookies would have promos for their customers. This easily one of the main reasons why people would really rather wager online. Through this, they get the best out of their money and bets.
- Variety
This is applicable to multiple aspects of betting. First is the variety of sports to wager on. Whatever league it is, you can easily find an online bookie for that. Second is the variety of odds that you can take advantage of.
It’s best to shop around before creating an account with a bookie or a casino. Each bookie would offer different odds and this is just great and convenient because you no longer have to travel from one bookie to another just to see which offered odds are better.
There is also a variety of how you get to wager on sports. There are many different types of bets that you can place. You can also easily place in-game bets online.
- Payment Options
This is one of the most important considerations when wagering. Brick and mortar bookies would typically accept cash or credit or debit card payments. Online bookies can go far beyond that. The majority of online bookies would still accept credit and debit card payments.
What’s new and better is that man online casinos and bookies have already adapted to the digital era. Players can now make deposits with their digital wallets like PayPal. The use of cryptocurrencies has also been applied in the industry. There are now many betting sites that accept Bitcoin and other cryptos like Ethereum and Litecoin as a mode of payment.