Sports betting is quickly becoming a popular hobby for many sports fans. In fact, it’s been growing increasingly popular in the middle of the COVID-19 pandemic. Why is that? As it turns out, the fact that sportsbooks are now easily accessible online has made everyone’s lives easier. If you’re using an online sportsbook, you don’t even have to put pants on or leave the house to engage in your sports betting. For this reason, global lockdowns and social distancing in the midst of COVID-19 have done nothing to curb the popularity of sports betting all over the world. In fact, since people have been stuck at home with more free time on their hands, it’s no surprise that they’ve engaged in more sports betting than before.
In reality, the online betting industry has been growing exponentially from long before COVID hit. By 2017 alone, the global market was worth approximately $45.8 billion. By 2024, experts predict that the market will be worth close to $95 billion. Experts have estimated growth of 11.5% every year until 2027.
Why sports betting?
Despite its bad rap, sports betting is becoming popular in many circles. Why is this the case? For starters, sports betting can be a fulfilling source of entertainment for people who already watch sports. For instance, if there’s a game on and you’re already excited about it, your excitement could go through the roof if you wager some money in favor of a specific outcome. However, our favorite teams don’t play all the time, and betting on a team can also help you get excited about a game which you’re not that invested in.
Sports betting is an easy hobby to engage in. You don’t have to be in a specific place physically in order to engage in sports betting. In addition, you can do it at any time. Finally, you don’t need to commit ludicrous amounts of money to it – that is, unless you really want to. Let’s assume you’ve just taken up golfing as a hobby. First, you need to find a good golfing club to join and pay expensive membership fees. Once that’s done, you need to invest a handsome sum of money in quality golf attire and equipment. If you’ve never golfed before, you’ll also need to pay a trainer – for a while at least. Since golf is a physical sport, few people can hit the green every day.
On the other hand, with sports betting, all you need these days is a good internet connection and access to an online sportsbook. You don’t have to be professionally trained in sports betting, unless you want to quit your job and turn sports betting into a career. Even then, connecting with someone who can teach you a little something about sports betting isn’t ridiculously expensive. What’s more, you can place a bet for as little as $5, whereas the average cost of joining a golf club in the U.S is now $50,000 a year. Moreover, you can engage in sports betting several times a week without getting physically exhausted.
What about the risks?
Sports bettors who don’t gather sufficient data before placing their bets tend to make more and more risky bets, in the hopes that they will strike it rich one day. Despite the fact that most people are prepared for the possibility of losing a bet, it’s natural to get angry and frustrated – then place another bet to increase the odds that you will win at least one of your bets. This inevitably turns into a slippery slope towards a full-blown gambling addiction. Often, as a result of this risky behavior, sports enthusiasts risk losing their livelihoods. Informed betting driven by accurate analytics helps sports enthusiasts to place winning bets without placing themselves in high-risk situations.
Although betting always involves an element of risk, with the right information bettors can boost their chances of success. Without the right data, you’ll be up against unpredictable outcomes and conniving bookmakers who are out to make money for themselves. Bookmakers tend to have an advantage over their clients since they set the odds and lines. Most bookmakers create conditions that make it close to impossible for the average bettor to make any real money from their bets in the long run. To keep the fans happy, bookmakers will help them win the occasional bet here and there. However, consistently making a profit from sports betting is very challenging without the right information.
How ACEmpires can help
Austin Cahoon created ACEmpires to give sports bettors an analytical edge over the bookmakers. ACEmpires provides sports enthusiasts with data driven analytics to help bettors around the world profit through sports betting while watching all the sports teams they love.
The services at ACEmpires are built entirely on data to give people the best chance at winning.
Austin’s father was involved with the 49ERS as a kid and so he absolutely loved sports and played sports his whole life. After high school he had a few friends who were sports betting and it seemed like they were always losing. They loved it, they were having fun, but they weren’t winning much. So, Austin started studying betting trends, set up an account and flipped a few hundred dollars into about $22,000 within a few short months. He continued to grow that account and was simply using it for fun cars & fun trips.
People began to ask him how he was affording these things and he realized he should turn it into an actual business so that other sports fans like him could enjoy the benefit.
ACEmpires sells based on proven data and knowledge and gives the power to the client so that they can make an educated decision before they wager their hard-earned money.