Sport betting is in its very infancy. The market is growing, and interest in sports continues to grow. Why is this happening? What has happened to fuel the growing interest in sports betting?
First, Baby Boomers are beginning to decline in numbers. With them have come a whole range of financial concerns and with them has come from the growing belief that sports betting is the best way to make a buck.
Second, the number of sports aficionados has also grown, and bettors are also in their prime. This is a demographic that is in its prime. By the way, betting on sports is legal and that is why I believe there are more interest and more money being bet than ever before.
Third, there is a new breed of bettor. We will call them the wannabe bettors. These are people who think they know everything there is to know about the sports of the future. They believe the only logical place to learn about these sports is by picking them in a sport bet.
Fourth, there is a simple way to get started. Pick the team, play it like it is in a live game, and bet as if it is a live game. The next logical step to your knowledge of the sport is to pick the sport of the future and bet on that team.
Finally, there is an old saying that there are a time to bet and a time to read. Pick the sport and play it like it is in a live game.
In short, I hope I have explained what I believe is the reason behind the growth of sport betting. While there is no one or two-word answer, I hope you will consider these observations as you consider making your first bet on sports bet.