There is no question that 5G technology has changed the way the world operates. This form of technology has created high-speed Internet connectivity on a massive scale. Even compared to 4G, 5G technology is much faster and more efficient. In fact, the world has only started to discover the capabilities of 5G.
At the same time that 5G is coming of age, online gambling is doing the same. Ever since a Supreme Court decision in 2018 opened the door for legal sports betting, including mobile betting, all forms of digital gambling have grown by leaps and bounds. Between online sports betting, Daily Fantasy Sports, online poker, and online casinos, there are several types of online gambling options available to anyone with a mobile device and an Internet connection. While changes in legislation have helped pave the way, it’s no coincidence that this is happening at the same time that 5G technology is on the rise. With that said, let’s explore some of the ways that 5G technology is helping and contributing to the rise of online gambling.
Secure Operations
Security is perhaps the most important aspect of online gambling. Online bettors are making money, losing money, and linking their personal bank accounts to various betting platforms. Therefore, bettors need to know that their personal information is secure and betting platforms need to guarantee that the information of their users is safe. With 5G, everything is backed up by blockchain technology, ensuring that cybercriminals can’t gain access to the accounts and personal information of those who bet online, helping to take care of the biggest concern that comes with online betting.
Faster Speeds
Perhaps the biggest benefit that 5G technology gives online gamblers is increased speed. In some cases, 5G can be up to 100 times faster than 4G because it doesn’t rely on the infrastructure of any single carrier. Therefore, bettors know that they are going to get the fastest speeds possible every time they try to gamble online. There is even more capacity with 5G to handle a large volume of users at one time.
With fast speeds and reduced lag, online betting becomes easier and more efficient. Bettors playing casino games don’t have to worry about getting left behind because everything they see on their screen is happening in real time. The same can be said of sports bettors who want to get the latest odds and also need to have their batting platforms updated in real time.
Improved Customer Service
With 5G technology, customer service functions can also be performed faster and more efficiently. When a problem arises on a batting platform, users expect it to be handled as quickly as possible. Betting companies also strive for this so that they don’t lose customers. If video calls become necessary to perform customer service, 5G can help make the video and audio quality as high as possible, ensuring nothing gets lost in translation.
Processing Payments
Whenever online bettors turn a profit, most of them want to have access to their winning as soon as possible. Other times, they want to make deposits into their accounts as soon as possible. Luckily, 5G is able to help in both regards. With higher speeds, deposits and withdrawals can be made much faster, eliminating any lag time between depositing funds and being able to use those funds, not to mention receiving money that’s been withdrawn as quickly as possible.
Playing Live Dealer Games
Anyone who enjoys online casinos knows how hard it can be to play live dealer games with a spotty Internet connection. These games are streamed live but can be difficult to play if the Internet connection isn’t ideal, creating lags and buffering. Fortunately, 5G technology solves those problems by giving players the connection they need to play live dealer games.
Wherever 5G is available, players can participate in live dealer games without having to worry about anything other than the game itself. Likewise, knowing that more users have access to 5G technology, more online casinos can offer and promote live dealer games knowing that bettors will be more receptive to them because 5G takes away any concerns about being able to access and participate in these games.
Live Sports Betting Options
Along those same lines, 5G technology is also helpful for sports bettors looking to make live or in-game bets. Betting on games while they are currently being played is a feature many of the top sportsbooks are offering to help attract players. Offering this type of betting becomes more realistic thanks to the speeds offered by 5G technology. In some cases, bettors are watching the game live on their mobile sportsbook app and placing bets based on what they see.
Needless to say, this is more difficult if the video stream of the game experiences lags or delays. But with the stability provided by 5G technology, that’s no longer a concern. As a result, watching or monitoring games in real-time and placing in-game bets is an easier and more realistic option for all sports bettors thanks to 5G.
In-Stadium Betting
With 5G technology, sports fans are better able to place bets on games while they are physically in the stadium watching the game. In the past, Internet connections within stadiums holding tens of thousands of people made it harder to access mobile sportsbooks and place bets. Some fans may not have even tried because the slow speeds were frustrating. However, that’s no longer an issue with 5G technology, which can handle large capacities of people trying to gain Internet access at the same time. This allows fans to place bets on mobile sportsbooks without leaving their seat or missing any of the game in front of them. In other words, sports fans can have the best of both worlds thanks to 5G technology.