Apps and gaming have been done for many years and is seen as a easy way to earn some extra money in no time. Over the years people have lost a lot of money in waiting for a huge jackpot, while some have earned a fortune by betting at right places and at right times.
Betting is a sort of gambling in which results of a event like sports, elections, competitions are predicted and wagers are placed on the various outcomes. Sports betting is the most popular form and prediction of matches like football matches, baseball matches are done regularly and he amounts of bets are placed before every match. Earlier, a bookie had to be contacted to place bets on a event, but with the foray of smart phone era, placing bets was just a click away.
Mobile betting has emerged as one the major source of betting in recent years. After the wide spread of smartphones, various mobile applications were developed for both iOS and android which enabled users to place bets very easily and conveniently.
There are many applications like bet365, William hills, unibet etc. which are the most popular mobile betting apps. Surveys have showed that on an average 5 per cent of iPhone users use a mobile betting applications and use it at least 6 times a month.
It might seem as a small percentage but the amount of revenue it generates is astonishing. Application called Paddy power confirmed that its 51% of bets came from a mobile betting software, while the overall mobile betting has seen a rise of 19 % over the last year.
One such popular mobile betting application is UNIBET, which offers services like sports betting, online casinos and online gambling. Using its mobile app user can bet online on sports events like NHL, Premier league, Champions league etc. very easily.
Mobile betting has increased the reach of sports betting many folds, only to increase in the coming years. The potential and revenues that will be generated in the future by these mobile betting applications look very promising.