Sports has always had a major role in the world, with fans from all corners of the planet gathering to cheer for their favorite athletes when in action. Parallel with the fame and popularity of sports, a new industry has grown exponentially: Sports betting. This has offered sports fans a new way to engage with their favorite sports, adding another thrilling layer to sports.
Coupled with the rise of mobile technology and more widespread access to the internet, mobile betting has become more accessible, making it easy to place wagers on the go. In South Africa, one of the leading apps for sports betting is Hollywood Bet app, which offers betting options on a large variety of sports on their easy-to-use mobile app.
The landscape of sports betting
Sports betting has become way more accessible, which is what has been driving the popularity of this activity. Where it once was restricted to physical betting shops or through traditional bookies, the internet and the rise of mobile technology has changed the format of the industry.
In 2022, the global sports betting market accounted for USD 83.65 billion according to Grand View Research. This number is projected to continue to grow steadily as more and more regions around the world starts legalizing and regulating online gambling. And with the expected continuous development of technology, and the increased access provided by apps like the Hollywood Bet app will continue to play an important role in this expansion.
Basketball betting: A slam dunk for enthusiasts
Globally, basketball is one of the most popular sports, especially with the international reach of the NBA. This is also the leading league for bettors to wage on. What makes it a great sport for sports fans and bettors alike is the fast-paced nature of the game and the high number of scoring opportunities. Due to the various elements and complex combinations of game plays, there are many types of bets you can place on basketball.
Money line bets is the simplest form of betting, which includes placing a wager on which team will win the game. Point spread bets are a bit more technical where you place a wager on the margin of victory. So, for example, take a team that is favored to win by 5.5 points: They must then win by 6 or more for the bet to pay off. Yet another type of bet you can place is an over/under bet. These types of bets are placed on the total combined score of both teams. So, in practice, you simply place a wager on whether the score will be over or under a set number.
To place your bets on basketball, you can leverage the Hollywood Bet app to place bets on various basketball games, including the BNA, NCAA, and international leagues. Due to the user-friendly interface, you can easily navigate the different games and betting types.
Betting on American football: A strategic play
Another sport which attracts a significant amount of betting activity is American football, particularly the NFL. The combination of a strategic nature, physical prowess, tactical plays, and famous players makes it a favorite sport to bet on for bettors. It is especially the blend of matchups and team dynamics which makes it a thrilling type of sport to analyze. For this sport, you also have a wide variety of options for best to place.
Spread betting is similar to point spread in basketball, where you place a wager on the margin of victory. You can also place a total points bet, similar to an over/under bet, where you place a wager on whether the total points scored in a game will be over or under a specified number. Another type of bet you can go with is prop bets, where you place a wager on a specific event in a game. This could for example be which player will score the first touchdown, or how many yards a quarterback will throw.
Using the Hollywood Bet app for placing your bets on American football is a good idea, as if offers a wide range of betting options on anything from NFL games to college football. With both statistics and analysis at hand, the app can be a guide to help you make informed decisions. You can also leverage the live betting feature, where you can place your bets based on the rapidly shifting momentum.
The Hollywood Bet app: A betting platform for sports enthusiasts
As a well-established sports betting app in South Africa, Hollywood Bet app is especially popular for its extensive sports coverage and the user-friendly platform. The interface of the app is intuitive, so it is easy to navigate, even if you are new to betting apps. Combined with the wide range of sports offered on the app, you can explore different betting opportunities across multiple sports.
One thrilling element of the app is the live betting option, which is a feature that allows you to place bets during a game, in which the odds will fluctuate based on the action of the game. The app also offers bonuses and promotions from time to time, keeping you engaged on the app and enhancing your betting experience.