As technology evolves, the online betting industry grows with it, and it has been doing so rapidly. As times go by, players can expect better innovations that will enhance betting and get them more involved in the action.
As betting continues to become a favorite pastime for many people worldwide, you can expect to see better innovations in the gambling industry. As we usher in a new year, these are some of the hottest casino trends and innovations to expect in 2021.
Increased Use of E-wallets and Cryptocurrency
It used to be that casinos were based on cash, bank transfers or credit cards, but no longer. The world of ultra-fast payment methods has grown tremendously. Gamers are demanding fast payment methods and the casinos have listened. These days, the ability to perform instant withdrawals and deposits is no longer a luxury—it’s now a must-have feature.
For that reason, e-wallet and cryptocurrency payments have become incredibly popular. While e-wallets like Neteller, Skrill or Ecopayz are available throughout the gaming world currently, only a limited number of online casinos accept cryptocurrency as a payment method, but those numbers are growing.
Numerous other reasons make e-wallets as well as cryptocurrency a desirable payment option. They are safe, don’t require much bureaucracy or have credit score requirements. Hacking digital currencies is complicated and stealing the money from a player’s account is even more challenging.
You can, therefore, expect to see this trend to dominate online casino payments in the future in a bid to meet their players’ needs.
Introduction of Smartwatches in the Betting Industry
For years, bettors have used their smartphones to play their favorite casino games. However, an era has come: one that involves playing casino games on smartwatches. They’ll no longer just be for tracking health and wellness goals. Who knew a watch could make people money?
Players who’ve tried it say they love the convenience and flexibility smartwatch gambling offers.
As we get into 2021, the smartwatch market will get more popular and advanced as it brings more betting opportunities to online bettors. It will be a win-win situation for both parties as the smartwatch industry will bring in more revenue while bettors will get more opportunities to win big. Also, developers will have a field day creating the new games compatible with smartwatches. Many new markets will open up.
Virtual Reality and Augmented Reality Will Dominate Online Casinos
In 2021, you can expect to see virtual reality (VR) headsets take online casinos to a whole new level. Virtual reality casinos will use gaming goggles to provide players with an immersive experience like no other. The technology has already landed in various in-person casinos, and it’s only a matter of time before they land in the online gaming sphere.
With VR and AR, players can see 3D graphics in various casino games and feel like they are interacting with the games in real life. However, they need to have the right equipment to enjoy playing their favorite casino games. The technology is going to help bettors transition from walk-in to online betting casinos. Finally, they will also enjoy getting the same betting experience from the comfort of their homes.
Currently, the only hindrances are the expensive software and equipment used to run VR devices. However, as VR technology continues to gain popularity in the gaming industry, further technological advancements will likely make it more affordable to have VR devices in our casinos in no time. 2021 will probably be the year VR becomes available in most casinos
Cloud-Based Gaming Will Take the Gambling Industry by Storm
One downside to betting is the need for storage space for the gaming software. However, that will no longer be the case with the introduction of cloud-based gaming. With this technology, games won’t need lots of storage. All players will need is a stable internet connection and a quality smart device.
Cloud-based gaming doesn’t require you to install software or any updates to enjoy online betting. It also tends to be more affordable for players. All your betting settings will remain intact on the cloud, and you can resume playing whenever you wish. It is a technology that will change the online gaming experience for the better. At the moment, this technology is only available on a small number of sites but expect to start seeing this more on digital casino websites.
The Bottom Line
As technology advances, the gambling industry will continue to evolve. Every player is looking for authentic betting experience, and the above trends will help meet all their needs. If you are always looking for innovations, keep your eyes out for these new trends likely to flood our casinos in 2021. You’ll enjoy being among the first to do so.