Online gambling sites promote mobile betting more and more, because this is where the weakest gamblers are.

Let’s check some gambling facts (Statistics provided by gitnux)

  • The global online gambling market was valued at $66.7 billion in 2020 and is projected to grow at a CAGR of 11.5% from 2020-2027.
  • Mobile devices constitute 58% of all online gambling activity worldwide.
  • About 26% of the global population engages in online gambling, with men (34 years old) being 81% more likely than women (32 years old) to become problem gamblers.
  • Sports betting is the most popular form of online gambling, contributing 40.3% of total revenue, followed by poker ($3.7 billion), casinos ($2 million), and lotteries ($1 million).
  • 53% of online gamblers prefer using Bitcoin due to its convenience and security features.
  • Approximately 17% of people gamble online more than once a week, and 85% of all online gamblers use their mobile devices.
  • On an average day, there are about 1 million active users gambling online.

Here are five compelling reasons that illustrate why mobile betting can be particularly harmful for bettors.

Inadequate Analysis

Mobile screens are smaller, making it difficult to properly analyze games, statistics, and other important information that can affect betting decisions. This may lead to poorly informed bets. Additionally, the convenience of mobile devices can lead to rushed decisions without thoroughly considering all relevant factors.

Impulse Betting

Mobile betting apps make it incredibly easy to place a bet with just a few taps, which can lead to impulsive decisions and betting without proper consideration. The ease of access and speed at which bets can be placed often does not allow for careful thought and analysis.

3. Increased Distraction

Mobile devices are often used in environments with many distractions, which can lead to a lack of focus and poorly thought-out bets. Whether it’s the noise in a public place, notifications from other apps, or just the general hustle and bustle of daily life, there are many distractions that can affect your betting decisions.

4. Emotional Decision Making

The convenience of mobile betting may lead to more emotional decision-making, especially when watching a game live and reacting to events in real-time. Emotions can cloud judgement and lead to rash decisions that are not based on logic or careful analysis.

5. Over-Betting

Having constant access to betting platforms can lead to over-betting, as individuals may place more bets than they would normally, leading to potential financial strain. The convenience and accessibility of mobile betting can make it easy to lose track of how much you are actually betting.

Conclusion

While mobile betting is convenient and increasingly popular, it has several drawbacks that can lead to poorly informed and impulsive betting decisions. Professional bettors often use PCs or laptops, many of them use more than one. It’s crucial to analyse games properly, and while it doesn’t need to be a fancy PC or an expensive laptop, it’s not possible to analyse bets properly with a mobile device. People who rely on mobile betting often find themselves stuck for years without success.

If you are serious about sports betting and want to improve your chances of success, it’s important to take the time to properly analyse games and make informed decisions. Consider signing up for our free course to learn how to use sports betting models and improve your betting strategy.

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