Growth of sports betting companies

The origins of sports betting can be traced back many centuries, but it wasn't until the arrival of the internet and mobile technology that it truly exploded into mainstream consciousness. The ability to place bets online, in the comfort of one's own home or even at a game, opened up the world of sports betting to a huge new audience, changing the culture around gambling and breaking down geographical boundaries and outdated attitudes.

Betting on sports is now perceived as a fun social or leisure activity and has proved with popular with sports fans as it allows them to get some skin in the game. So, whether they’re watching their favorite team play or just tuning in to enjoy the game, players can add to the excitement by placing a bet on the action.

Revenues are up

According to a recent report, the global online gambling market size was valued at USD $53.7 billion in 2019 and is expected to grow at a compound annual growth rate of 11.5% from 2020 to 2027. One of the main drivers of this growth is the increasing popularity and availability of online sports betting platforms. Now sports fans can place bets on multiple sports events from anywhere and at any time, with online sportsbooks offering players a variety of features and benefits including:

·         Competitive odds and payouts

·         Wide range of sports and markets to choose from

·         Customer support and responsible gambling tools

·         Live streaming and in-play betting options

·         Bonuses and promotions for new and existing customers

·         Security and convenience of transactions

The most popular online sports betting companies

DraftKings:

Founded in 2012, DraftKings is the leading daily fantasy sports and sports betting operator in the US. In 2021, the National Football League announced its first-ever U.S. sportsbook partnerships, choosing DraftKings as one of only three Official Sports Betting Partners of the NFL. As part of the multi-year agreement, DraftKings has the exclusive ability to leverage NFL sports betting and online sports betting, as well as engage with fans through NFL-themed free-to-play games.

DraftKings also boast NFL highlights, footage, and Next Gen Stats content, and uses use the NFL's official League data feed. It also collaborates with the NFL on responsible gaming education. The sportsbook also has an exclusive relationship as the Official Daily Fantasy Partner of the NFL. Despite its focus on the NFL, DraftKings also covers multiple sports, including soccer, boxing, hockey, tennis, motor racing, and more, as well as great value NBA odds for basketball fans.

Features include:

·         Huge array of betting markets

·         Excellent customer service

·         Legal and reputable sportsbook

·         User-friendly design makes it easy to navigate and understand

·         State of the art mobile apps for both iOS and Android

·         Top level security

·         Ease of payouts

·         Ability to cash out

FanDuel

Founded in 2009, FanDuel is a leading sportsbook in the US that boasts its popular Daily Sports Platform. Their 2018 launch of the FanDuel Sportsbook saw it rapidly become one of the most popular online sportsbooks around.

FanDuel is popular with horse racing enthusiasts and is one of the leading horse racing sites in the US. The sportsbook offers a variety of sports markets and betting options, as well as live-streaming, boosts, parlay options, and lots of regular promotions. All easily accessible via its comprehensive app.

Features include:

·         Easy navigation on the app

·         Comprehensive live streaming libraries

·         Welcome bonuses

·         Impressive promotions and boosts

Bet365

Founded in 2000, Bet365 is a British online betting company that is now one of the largest online gambling companies in the world. The company is one of the industry leaders, along with DraftKings, and has won several awards including Best Mobile Sports Product 2023, Bookmaker of the Year 2023 and Best Sports Betting Operator 2023.

The Bet365 Sportsbook has everything you would expect from a top-level operator, including a user-friendly interface, impressive sports coverage, and a huge selection of in-play betting options across football, soccer, baseball, hockey, boxing, and many more.

Features include:

·         Huge variety of sports markets

·         Excellent, easy-to-claim welcome bonuses

·         Easy-to-use interface

·         Live streaming

·         24/7 customer support

·         Cash out function

A Bright Future Ahead

These sportsbooks have changed the way we experience sports, offering an unprecedented level of choice and convenience. Gone are the days of trekking to physical betting shops or having to rely on traditional media for outdated information. Now, with just a few taps on a smartphone or clicks on a mouse, players can bet on a vast array of sporting events from around the globe.

With the continued growth of online platforms, the increasing legalization of sports betting in various states and countries, and the ever-expanding reach of technology, the future of sports betting looks incredibly bright. This exhilarating industry is poised to continue its meteoric rise, bringing players closer to the action than ever before.