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The Driving Forces Behind Sports Betting Continuous Progress

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The Driving Forces Behind Sports Betting Continuous Progress
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Whether you are punting online or offline, sports betting is one of the most significant advances the gambling space offers. Throughout the years, sporting events continue to grow in demand because of the betting games it offers. Given that this has dominated the online world, many sites are established to provide a more convenient way of gambling.

There are many factors why punters love to bet on sports. They would either like to push their passion and love for sports or simply earn a huge amount of money. Although there is no specific formula to guarantee a consistent win, proper knowledge, betting strategies, and discipline can ensure a successful bet in the long run.

Moreover, sporting events such as the NFL, NHL, MLB, and Breeders’ Cup Challenge featured by popular bookies like https://www.tvg.com/racetracks/KEE/keeneland attracts many bettors since then. What do you think can be the driving forces why these sports have increased in the betting demand since its existence?

Money

Let’s get real. Sports fans and bettors continue to praise the leagues every year because of the money they can earn. Compared to casino and poker games, sports betting does not only offer a single category to gamble with. You can discover betting groups that start with lower to bigger rewards.

The amount of winnings you can get in sports bets is no joke. When you hit the bullseye because you have poured too much time into researching your entries skill, then you are undoubtedly boosting your bankroll. Besides, bookies offer massive bonuses and rewards, which can add to your earnings right away.

Entertainment Appreciation And Value

Another driving force that makes sports betting popular today is the entertainment value. Bettors would love to back-on their favorites. Aside from cheering their favorite teams and players, they appreciate more these sports by wagering. As you can observe, many punters are tracking each player’s statistics to see if they deserve a bet.

Moreover, the excitement brought by all the wagering games makes the sporting event worthy of being celebrated. Every year, hundreds and thousands of spectators arrive at the venue to witness their favorite teams’ grand showdown against a hated rival. As long as the betting games continue, there is always an entertainment value you can earn when betting.

Optimum Convenience

Looking back, bettors are required to go to the venue and buy betting tickets to wager. Today, it is no longer required, as many sportsbooks made an effort to make a betting site. Thus, with a tap on your mobile phone or logging into your PC, you can use these sites to fulfill your betting games wherever you are.

Moreover, you can use different cash alternatives to deposit funds to your account. When you cash out, bookies will allow you to get it via your card or through the nearest payout branches. Also, some sportsbooks allow payment using cryptocurrencies, which are safer. With this, you don’t have to worry about bringing cold cash just to participate in sports betting.

Massive Sports Coverage

The sports betting industry does not only offer a single recipe to its consumer. It covers the most prominent sporting events such as football, basketball, golf, baseball, hockey, and even horse racing. As such, bettors can find their niche of picking a sport they are familiar with and gamble in the betting games it brings.

Each sport also does not cover a single category. So, there are many ways for you to earn. Ball games have common categories like Points Spread, Money Lines, Over/Under Bets, Prop Bets. For horse racing, it has its betting terms, and one of the advantages is you are not only limited to picking the winner, but you may pick entries that can place significantly.

Stricter Gambling Rules

The gambling rules make sports betting more secure than any other type of wagering game. The competition can be tough for online bookies, especially in attracting newbie and seasoned bettors to utilize their site. With this, they find the best promotions and bonuses to offer or even giving generous incentives.

Since these promotions are prone to abuse, and bookies might lure the users, regulatory bodies have been created to avoid illegal practices. Thus, with stricter and clearer regulations, every bettor can assure that sports betting is healthy and highly-profitable.

Takeaway

Sports betting is a gambling activity that requires time and money. A sporting event won’t be as big as today if not for the betting games it offers. In fact, you see thousands of betting sites enticing you to register and bet for the on-going league.

Although these sports betting games are driven in demand because of the prizes, rules, convenience, and entertainment value, you have to understand that it’s gambling in nature. Nonetheless, it can be addictive, and make sure to bet responsibly, so you won’t get tied up.

Compliance Updates

ClearStake awarded ISO 27001 certification cementing its position as a trusted financial risk check provider

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Real-time risk profiling tool provider ClearStake has been awarded ISO 27001 certification, the globally recognised standard for data protection and system security, cementing its position as a trusted provider to the gambling industry.

To qualify for the ISO 27001, ClearStake was required to actively demonstrate the successful deployment and adherence to a robust Information Security Management System (ISMS), as part of a rigorous two-stage accreditation process with an independent auditor.

A key endorsement when expanding across global markets, the certification proves ClearStake’s team is fully compliant with international data protection and security standards, which were most recently updated by the International Organization for Standardization and the International Electrotechnical Commission in 2022.

Martin Burt, CEO at ClearStake, said: “At the heart of what we do at ClearStake is building a secure environment for operators to handle and process data. As such, we are delighted to receive the ISO 27001 certification, which reaffirms our position as a reliable and compliant technology provider.

“This is a vital step in our growth as a company and will give clients further assurance that we operate to the highest standards.”

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ProgressPlay brings forward the future of casino management with revolutionary AI

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Once again, casino and sports platform provider ProgressPlay are ahead of their time with a new wave of technology innovation that has helped the company to attend major shows during 2023 with soaring confidence based on pioneering proprietary technological advances that have featured strongly in annual awards shows.

The company’s future-centred thinking and ambitious AI product development attracted a raft of operators and partners attending last week’s SiGMA Europe in Malta. A raft of casino operators during the show had the opportunity to see firsthand ProgressPlay’s new tech which offers a comprehensive gaming management solution across multiple channels and products.

ProgressPlay’s enhanced iGaming platform provides operators with a powerful real-time AI-driven proprietary flow tool for optimising the performance of an online casino in a dynamic data ecosystem. Real-time player interaction provides compliance teams with the information to manage and interact with players.

Last year, ProgressPlay undertook an ambitious reframe of their technology with new proprietary Responsible Gambling automation and tools at its heart. ProgressPlay’s new platform manages player accounts, payments, bonuses, loyalty programs, fraud prevention and games, using robust tools and analytics.

ProgressPlay Sales Manager Marina Nahhas said: “ProgressPlay’s innovative Responsible Gambling software covers topics like KYC, player activity, affordability levels, and a transparent audit trail. These topics resonate heavily with operators and we were delighted with the level of engagement around this revenue-critical activity during the week we spent in Malta.”

ProgressPlay’s combo sportsbook and comprehensive turnkey solution, including casino platform, player management, payments module, and affiliate software are designed to boost operators seeking to effectively drive both revenue and efficiency with the latest cutting-edge technology.

Over 150 online casino brands have partnered with ProgressPlay covering a unique combination of casino games and sports-betting. ProgressPlay’s sportsbook offers up to 40,000 live betting markets and services across 20 languages while the latest platform offers a slick AI-driven UI/UX, and extensive value-added services alongside thousands of casino games, including slots, online casino, live casino, poker, table games, and sportsbook, across all devices and currencies.

ProgressPlay CEO Itai Loewenstein said: “Commercial agreements are being driven by our breakthrough technology that enables deployment of our AI tools for greater efficiency and revenue-generation. SiGMA Europe has been the last stop in a busy year and we believe that since we first launched our new technology in London at the beginning of the year our sophisticated Responsible Gambling tool has quickly moved beyond the early-adopter stage.”

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Yggdrasil fires up festive fun with Rock Star Santa MultiMax™

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Leading iGaming publisher Yggdrasil has dialled up the Christmas cheer with a hellraising new hit, Rock Star Santa MultiMax™.

A 6×6 grid awaits players, with the cluster pays mechanic requiring five or more matching symbols to be conjoined for a winning spin. Every wining cluster is then removed from the reels, with more icons cascading down from above, and a wild also joins the party.

The multiplier at the top of the reelset will then increase, with the popular MultiMax Game Engagement Mechanic (GEM) swiftly seeing cascades cranked up in volume into massive wins. These can also combine if the cluster straddles reels, for supersonic rewards.

In addition, the Present symbol can land on any spin, awarding up to 100x, 11 free spins, or four extra wilds. This can also include an extra spin or an increased multiplier if it falls during the free spins.

Three or more Golden Ticket Free Spins icons will trigger the bonus round, giving players at least seven spins. During this, the multiplier at the top of each reel does not reset, allowing it to quickly pile up with every winning combination. Free Spins may also be gambled for the chance to win more.

The game also features two separate Buy Bonus options, depending on the jurisdiction, and a Golden Bet option, which increases the chances of a player hitting the bonus for an increased stake.

Rock Star Santa MultiMax is the latest core game developed by Yggdrasil, following recent vibrant releases Defenders of Mystica and Wild Stack Frenzy.

Mark McGinley, Chief Gaming Officer at Yggdrasil, said: “We’ve taken a different approach when it comes to festive hits and introduced the world to our showstopping Santa in our rocking new release, Rock Star Santa MultiMax.

“Incorporating a cluster-pays mechanic is an exciting addition to our portfolio, where we strive to deliver incredible experiences for our players.”

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