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The hottest sports betting trends include unreal options.

Key Points

- Better technology is one of the reasons for the growth of sports betting’s hottest trends.

- Recent trends in the sports betting industry will continue to grow in the near future.

Hottest Sports Betting Trends

The sports betting industry continues to grow by leaps and bounds. Recent legislation in the U.S. has opened up more than half of the states to some form of legal sports gambling. 

That means more bettors in the market and sportsbooks have reacted by going all-in on the latest trends. Technology changes and advancements have helped sportsbooks keep up with demand in the industry.

As a result, the hottest sports betting trends look as though they are here to stay.

If you are worried about your bookie pay per head business due to low betting handles, you need not worry soon. The decrease in betting numbers is across the board, and affecting even the bigger sports betting markets like Nevada and New Jersey. In fact, many of these states are seeing as much as 30% dips in betting handles.

But if you read through various guide to online sports betting, you will know that this is a seasonal dip that happens each summer. Typically, summer in the US means the lack of sports to bet on. Mostly, baseball is the main sport people bet on during this time. So even if you have lower numbers now, notice that its mostly not due to you losing players.

The interest in sports betting is at an all-time high due to a number of factors. Sports are very popular, with plenty of different options available to watch virtually every day. The Supreme Court of the United States ruled in 2018 that Nevada wasn’t the only state that could have legalized gambling on sports.

Fantasy sports, or what can be thought of as gambling “light” eased many people into the practice of sports betting. All of these things contributed to the decrease in the stigma associated with not just sports betting in particular, but gambling in general.

While more than 20 states allow sports betting, with most supporting online wagering through approved operators, most still do not. People in those locations where the practice still hasn’t been legalized have to turn to other means by which to place wagers on sports. They can turn to online operators that are managed offshore, but funding accounts and getting paid out can prove difficult.

The invasion of Russian forces into Ukraine has global humanitarian and political implications. Also, it is changing the pay per head industry.

Sportsbook pay per head operators and players can expect several changes on betting boards. Also, there would be some line movements. In addition, operators need to readjust their futures wagers after Russia’s incursion into Ukraine.

The UEFA Champions League Final is scheduled at the Gazprom Stadium in Russia on May 28. However, UEFA announced they are changing the venue due to security concerns and the developing situation in Europe. Also, they are condemning the military incursion in Ukraine.

Impact of Ukraine Invasion on Pay Per Head Industry

The UEFA Executive Committee held an emergency meeting to find a new venue for the competition. As a result, they decided to move the tournament to Saint-Denis in France.