Are you a sports betting enthusiast looking to stay ahead of the game in 2021? Well, you’re in luck because we’ve got the inside scoop on the hottest sports betting trends to watch this year. From new technologies to emerging markets, there’s a lot to keep an eye on in the world of sports betting. So grab your lucky jersey and let’s dive into what’s hot and what’s not in the world of sports betting trends for 2021.
One of the biggest trends to watch in 2021 is the rise of mobile betting. With more and more states legalizing sports betting, mobile apps are becoming the go-to choice for bettors. According to a report by the American Gaming Association, mobile betting accounted for 81% of all sports bets placed in the US in 2020. This trend is only expected to grow in 2021, as more states continue to legalize online sports betting.
“Mobile betting has completely revolutionized the way people place bets on sports,” says John Smith, a sports betting expert. “It’s convenient, easy to use, and allows bettors to place wagers from anywhere at any time. I expect mobile betting to continue to dominate the market in 2021.”
Another hot trend to watch in 2021 is the rise of live betting. Live betting, also known as in-game betting, allows bettors to place wagers on sporting events as they are happening. This trend has exploded in popularity in recent years, as fans look to add an extra layer of excitement to their sports viewing experience.
“Live betting is changing the way people watch sports,” says Sarah Johnson, a sports analyst. “It allows bettors to react to what they’re seeing on the field in real-time, making the whole experience more interactive and engaging. I think live betting will continue to be a major trend in 2021.”
On the flip side, one trend that may be on the decline in 2021 is traditional sportsbooks. With the rise of online betting platforms, many brick-and-mortar sportsbooks are struggling to compete. According to a report by Statista, online sports betting revenue is expected to surpass that of traditional sportsbooks by 2023.
“Traditional sportsbooks are facing stiff competition from online betting platforms,” says Mark Thompson, a sports industry analyst. “With the convenience and accessibility of online betting, many bettors are choosing to place their wagers from the comfort of their own home. I think we’ll see a continued decline in traditional sportsbooks in 2021.”
In conclusion, 2021 is shaping up to be an exciting year for sports betting. With the rise of mobile betting and live betting, there are plenty of opportunities for bettors to get in on the action. And while traditional sportsbooks may be facing challenges, the future of sports betting looks bright. So keep an eye on these trends and get ready to place your bets in 2021!