recent report from Radiant Insights diagnosing the progression of the global sports betting market up to 2022 has highlighted a CAGR (compound annual growth rate) of 8.62% signifying the sector as one of the most promising and developing in the world. 1xBet believes this new data alongside its own recent partnerships and focus on contemporary player habits positions the company and its affiliates in a ‘mutually beneficial’ position going into 2020.
“For us, the sports betting market is an opportunity to change people's lives for the better,” explained the 1xBet team in a news release. “We give them new opportunities and are encouraged and delighted by the success stories that we see in multiple regions. At 1xBet, we are doing our best to increase our presence in various markets by offering numerous promotions so that players get to know and appreciate us. With these new promos and our recent partnerships, we aim to prioritise the creation of a healthy new betting culture in each of the more than 50 countries in which we operate. We at 1xBet, like all sports fans, want to enjoy honest sporting events that have 100% effort by all participants.”
1xBet is an international online sports betting odds provider, and recently announced as Official Betting Partner of FC Barcelona, Official Global Betting Partner of Liverpool Football Club and Official Global Partner of Chelsea Football Club.
The brand will be building its sports betting scope this year at a series of industry events including Lisbon Affiliate Conference, ICE Africa and G2E Las Vegas, all of which the team believes highlights the brand’s propensity for being on trend wherever they work. They continued: “In this day and age, it’s important to provide clients with not only the widest selection of betting markets but also a vast array of betting options on each event. Clients are discerning and rightly so. Other trends to accommodate include the ever-increasing mobile market, the growing popularity of e-sports betting, the surge of cryptocurrency usage as a payment method and the demand for exotic bets on areas beyond sports, such as show business or politics. We can proudly say that we strive to anticipate developments in these trends on all continents in which we work.”
“We try to pay attention to all markets - and this is not an exaggeration, but a reality. 1xBet has expansion plans worldwide and we are trying to systematically increase our presence across all continents. We constantly ensure that not only the players but also our partners are fully satisfied with the cooperation of our brand,” the 1xBet team added. “To do this, we have continually invested in our affiliate program, under which registered participants can, on extremely favourable terms for themselves, receive a constant flow of profits. You can join the program and start making money with 1xBet via our website or meet with our teams and learn more at G2E, ICE Africa and LiAC in the coming months.”
With new developments and advances in technology fuelling a surge of popularity among younger players for virtual, mobile and beyond, 1xBet is embracing this by further developing its focus on new generations and their habits. “In 2019, people want fresh concepts everywhere - including in betting,” they said. “We try to satisfy this demand by offering our customers several virtual products which are created by the world’s best developers. These fantastic offerings, such as our industry first development Multi-LIVE, have come about as a result of the requests of 1xBet users. Multi-LIVE allows you to add online events to your own page, place bets on them at the same time and monitor the progress of events in real-time. We also have our mobile application, which users can use to easily place bets 24/7 from any device. To supplement this, our support service can be contacted by multiple modern options which include online chat and various chatbots in instant messengers.”
1xBet believes the popularity of sports betting and esports with the younger 21+ and millennial market will continue to drive a desire for the cutting-edge and ‘the next new thing’ mentality going forward, something which the brand believes is a huge positive for the industry, not something to be feared. “We are committed to working with a new generation of players. However, first of all, it is important for us to ensure that players place bets on sports only from a certain age allowed by the law.
“We are also aware that the new generation is very demanding in terms of cutting-edge technologies. As a result, we try to constantly remain up to date and thus make the betting process as easy and convenient as possible. The modern interface of our website, multi-live bets, mobile applications and 24/7 support in instant messengers are some of the technologies introduced. All this is done so that modern and progressive young people can fully enjoy the 1xBet betting process,” they concluded.