The online gambling industry is improving in leaps and bounds thanks to advances in technology. From creating immersive gaming experiences to providing easier, more secure payment options, technology is playing a huge role in making online gambling a better experience for all.
With a serious move to digitization, there are already some major technological improvements in place, and more are likely to come soon. Let’s take a look at the technology already involved in online gambling, and those likely to appear in the future.
Live casinos
One of the first major technological advances appeared in 2006 when the technology was still new. Previously, online casinos and betting sites were only able to offer virtual table games. With the advent of live casinos, these sites were able to offer a much more immersive experience, one more in line with the experience of a brick-and-mortar casino.
However, a live casino requires a lot of different technologies, working in conjunction to ensure a successful gaming platform. In simple terms, live dealer games are actually manned by real people in a studio. The dealers or croupiers are surrounded by multiple cameras filming the action. Players simply log in to their account and join the game where they can see the dealer and the table.
Sitting at home, players use a digital screen overlaid on the video footage to click and place bets. Players can communicate with the live dealers via a chat feature, allowing them to enjoy a typical casino experience from the comfort of their own homes or any other location they want. Besides, the two-way interaction simulates players’ satisfaction when playing in a traditional casino. Players can also converse with other players at their table, exactly like in a typical real-world casino
(source: https://insidebitcoins.com/bitcoin-casinos/live-casino).
Crypto payments
Another major innovation in the online gambling world is crypto. As a digital payment method, crypto is decentralized and allows anonymous transactions. Not only that, but it is incredibly secure as it operates on an encrypted blockchain. All transactions are stored on a transparent ledger which ensures permanent, verifiable, and tamper-resistant transaction records.
In addition to added security and anonymity, the use of crypto has allowed many casinos to remove transaction fees. Additionally, crypto casinos[1] offer speedy transactions particularly when it comes to withdrawals. Bitcoin transactions take around 40 minutes, whereas some cryptos, like Solana, offer near-instant payments.[2] In the future, it’s highly likely that the majority of international or large transactions will take place via a blockchain simply because of the increased efficiency and security it provides.
Virtual reality games
Already entering the iGaming space, virtual reality or VR is the next step in the technological evolution of online gambling sites. With an eye to create and provide ever-more immersive gaming experiences, VR is easily the way to go.
Some online casinos have already started incorporating VR into their gaming platforms providing an immersive Las Vegas experience. These days, it’s increasingly likely that more casino platforms will employ this technology. Given the fact that the Occulus Quest VR headset is now more affordable, it’s likely that this will soon be a regular fixture at more betting sites.
Cloud gaming
In conjunction with VR, there is also the rise of cloud gaming. Currently, cloud gaming is already quite prevalent in the video game industry, but has yet to penetrate the iGaming market. It’s only a matter of time though, as cloud gaming has powerful remote servers all used via the cloud. It means that players need a high-speed but stable internet connection to access all the games from home.
If this was transferred to the iGaming industry, it would solve a number of player and operator issues. For instance, some casinos can’t cope with huge traffic surges during popular gaming times. This does mean platforms slow down or freeze during heavy traffic. With cloud games, high traffic could be easily accommodated thus improving the experience for everyone.
It’s also got essential technology for sports betting sites. Cloud betting allows for improved real-time or live betting opportunities. And again, high surges in bets placed on popular events can be mitigated by outsourcing hardware requirements during these high-traffic times.
Voice command technology
Though not yet implemented anywhere, there are some likely future developments in the iGaming world. One of these is the use of voice commands when placing bets, particularly in the live casino setting.
With options such as Siri and Alexa hugely popular and accessible on the market, it is a logical progression to bring this type of technology to the iGaming world. Right now, live dealer games require players to click on buttons to place bets. However, with voice command, this could help to enhance the overall experience, making it much more immersive for the players involved.
Additionally, this might be taken even further in the future with players able to verbally address live dealers rather than chatting to them via live chat feeds only.
What’s next for online betting platforms?
Of course, there is always something new in the works. One of the big ones is AI. These days, AI is being integrated into multiple areas online such as using AI to improve website performances. And the gambling sector would benefit from this as well.
There are many positive uses for AI in this industry. For instance, it could improve the efficiency of a casino and subsequently reduce costs for the operator. It’s also able to improve odds through algorithm improvements.
Additionally, AI has already become integrated into some casino and betting platforms via chatbots. These help to streamline the help services providing players with faster response times when it comes to getting support. Through the use of AI-analysed data, casinos will also be able to provide players with a more personalized betting experience throughout the entire platform. This can include determining which is the best game for a player to play and so on.
At the end of the day, it’s an exciting time for the iGaming industry. All technological advances are there to improve the player experience which means more excitement and fun can be had by all.
This contains a link to another page listing casinos. It’s actually another of our sites, but we want to avoid either linking to competitors or our own previous guest posts.
Added a link to replace the above, and it’s also good to add more details and stats like this instead of generic information.