MAR 26 DE NOVIEMBRE DE 2024 - 18:31hs.
ANDRÉ VINÍCIUS DE ALENCAR ALVES, PARTNER OF CONTROL+F5

Technological trends and innovations in sports betting

The evolution of technology has influenced all market segments, and gaming and sports betting is no different. For this reason, André Vinícius de Alencar Alves, partner at Control+F5 Gaming, evaluates the issue of digital innovations, including the growth in the use of artificial intelligence, virtual and augmented reality and other features available to the segment.

Accompanying the advancement of digital innovations, betting sites have offered an increasingly rich experience to their users. So let's highlight some of the most significant technologies in the world of betting today.
 

Live betting and updates

Real time betting has become increasingly popular with gamblers, allowing them to bet on events that are happening live.

With the predominance of the use of smartphones and mobile devices for betting, customers have more and more options to give their predictions at the moment the games take place, wherever they are.

This means that platforms are increasingly able to provide quick updates, which makes a lot of sense in relation to the fast dynamics of events where it is possible to bet.


Growth in the use of artificial intelligence and machine learning

Artificial intelligence (AI) and machine learning (ML) are transforming the way bookmakers operate.

With the ability to analyze massive amounts of data, AI can help sites predict outcomes and accurately adjust their odds.

Machine learning can also be used to identify betting patterns and help prevent game manipulation.
 

Virtual and augmented reality for immersive experiences

Virtual reality (VR) and augmented reality (AR) are creating new opportunities for bookmakers to engage their customers in more immersive and engaging ways.

With VR, bettors can experience a virtual environment that simulates a sporting event, while AR is used to provide real-time information and statistics.


Blockchain and payments

As blockchain technology is appearing in many industries, cryptocurrencies are becoming more and more popular among gaming service providers.

Gambling sites around the world have accepted cryptocurrencies as a payment method. For players, this means greater diversification in payment options and more secure transactions.


User experience customization

Bookmakers are increasingly investing in technologies that make the customer experience unique.

Some examples of this are personalized betting recommendations based on user history and even personalized interfaces that can be adapted to each customer's preferences.

Indeed, technological trends are transforming the way bettors engage with betting sites and sports in general.

And this is more than just a trend. To meet the demands of increasingly demanding bettors, offering an enhanced experience through high technology is paramount for the long-term success of betting sites.

Did you like the topic? So come talk to me. We can certainly exchange much more information on the subject.
 

André Vinícius de Alencar Alves
Commercial director and partner at Control+F5