A guide to modern-day online betting: Crypto, Esports & more

New technology has impacted society and business in a huge way, with the gambling industry no exception. Gone are the days in which you needed to walk into your local betting shop and hand over your cash in order to place a wager, and bookies are now able to expand not just within their country but on a global scale.

A fresh generation of punters surfaced at the turn of the Millenium when online betting became prevalent, but the game has changed way beyond what anyone could have predicted.

Not only do online bookmakers provide easy access to a huge range of betting markets, but they have laid the groundwork for the gambling landscape to completely shift, and the biggest beneficiaries - along with, of course, the multi-million dollar betting companies - are the punters themselves.

Of course, old-school punters who simply want to place the odd bet on a horse or take a shot at an NFL parlay every Sunday can do so, but now there are more new features, bet types, markets, and even payment methods, than ever before.

Crypto Betting Sites

Banking options can be a barrier to online gambling in some territories, especially if there is a grey area around the legality of wagering through betting sites that don’t hold a licence in that particular country.

Some bettors just don’t want to hand over their bank details to betting companies, so eWallets have become increasingly popular, but cryptocurrency has also started to appear as a payment method on some sportsbook and casino sites.

For people with an existing interest in crypto, this offers a seamless and logical way to deposit and withdraw to and from online betting sites, and it allows them to make anonymous transactions that are fast, reliable, and tax-free.

Bitcoin can be used in order to claim the 22Bet bonus, which comes in the form of a matched first deposit.

Variety of games and markets

The sheer volume of available bets and games on offer courtesy of online sportsbooks is unprecedented, and the ascension of Esports betting perfectly symbolises this.

Almost all bookmakers now take bets on gamers participating in leagues centered around titles like CS:GO, League of Legends, and Dota 2. While online betting was always destined to succeed and change the game, nobody could have predicted the extent to which Esports has taken the industry by storm.

Summary

With the arms race between bookmakers now taking place online rather than the high street, it is up to them to stay up to speed with all of the new features that are being rolled out.

There are now many state-of-the-art betting apps, and the best sportsbooks for live betting even offer live streaming of sporting events, and constantly changing live betting odds and stats.

You will now see Bet Builders, cash out, and several other cutting-edge features on your chosen online sportsbook - and as new technology shows no sign of slowing down, anything could be coming next.