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Gambling Analysts About Online Betting 2021

2020 was a turning point for most industries, and the gambling and betting industries are no exception. On the one hand, they suffered heavy losses due to the pandemic and the inability of land-based casinos to operate at full capacity. But on the other hand, the epidemic brought online casinos (in legal markets) and bookmakers to a new level, which experienced a significant influx of customers. It’s time to assess the situation and formulate forecasts for the industry for the coming year 2021.

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Key trends in 2021

One of the main market trends, which was especially introduced in 2020, is the digitalization of the industry, spurred by the coronavirus epidemic. According to analysts of the Gambling Craft affiliate program, players and bettors stayed in the online casino, appreciating the convenience of this format. As a result, not all players will return to land-based gambling halls and betting points.

COVID-19 increased the popularity of online casinos

The popularity of online casinos is growing. For example, in March, when COVID-19 hit the entire world, the size of the average deposit in them increased by 3% compared to the previous February. Experts believe that the decline in the online industry will still happen when the situation with the pandemic stabilizes, but it will not be as explosive as its growth. This means that online casinos can expect a significant increase in the number of new players and bettors.

Drawbacks of COVID-19

However, there is an opposite tendency with the gaming industry. Economic experts associate it with the economic crisis and falling incomes of the population. Gambling Craft experts assume that the average rate will decrease, and in order to keep customers, gambling sites will have to invest in marketing and advertising. In 2021, it will become one of the major factors of development.

Government involvement

The third trend is the tightening of legislation regulating the activities of offline and online casinos in most countries. This is largely due to the previous thesis: this is how governments seek to protect their citizens from additional financial spending during a period of declining income. In addition, it is obvious that the market is striving for maximum transparency, and the laws that were adopted in 2020 in many states are aimed at ensuring it.

Growth of competition

Finally, another trend is the growth of competition in the market. Due to changes in legislation, small insignificant players will leave it and only large brands will remain. It will divide the market among themselves while trying to stay within the framework of the new legislative reality. This means that industry participants will have to be flexible. It means that they have to constantly monitor the state of the market, follow its trends and offer users solutions that can turn them into loyal customers.

Marketing and advertising in new conditions

According to market participants, marketing and advertising in the coming year should not be intrusive and aggressive. Users feel tired of such ads on the internet. In addition, as mentioned above, direct advertising is not legal in many countries, and online operators have to look for other ways to promote it. The primary purpose of marketing is at the point of providing comfort for users, and improving service.

Main marketing directions

  • Ensuring maximum safety, increasing its level. With the development of high technologies, attackers have more and more opportunities to gain access to user data. And the task of operators is to exclude such situations while maximizing the safety of players and their funds.
  • Development of the mobile sector. Most of the leading online casinos already offer the option to use dedicated apps, and this trend will go mainstream. According to the forecasts of Gambling Craft analysts, in the next three years, the share of mobile games will grow by almost 12%. And in monetary terms, it will account for half of the total revenue of the entire market. Bookmakers should not lag behind: according to research data, bettors who place bets using mobile applications are most active. The industry is growing primarily due to them, and experts are sure that mobile rates will be the main factor in increasing turnover.
  • New betting technologies, such as voice assistants that will help you when placing bets. They will be able to personalize the most profitable odds and the right bets. Bookmakers use high technology also because it is done by the players who use them to predict the results of a particular sporting event.

Main marketing directions

  • Demonstration of social responsibility in relation to both permanent and new users. Operators are forced to control the daily spending of their customers, especially if the limits are set by the regulator.
  • Development and improvement of operator loyalty programs. The most frequently used bonuses are free bets, cashback, special conditions for VIP bettors.
  • Development of direct communication with users, including social networks. Today, most bookmakers have their own pages and accounts. Therefore, they publish not only company news, but also useful near-themed content, such as statistics, analysis of sporting events, jokes, and prize draws.
  • Changing the sources of attracting customers, attracting traffic through affiliate programs, instant messengers, and social networks.
  • Acceptance of cryptocurrency. So far, its use has not become widespread, but more and more players are expressing a desire to pay in digital units.

Cryptocurrency

Bitcoin is worth mentioning separately, as many call it the real headliner of the industry. Taking into account changes in legislation, it can become the main means of payment. The use of cryptocurrency is beneficial for both players and casinos. Since it allows you to ensure anonymity, security, and the absence of binding to the exchange rate of national currencies. Bookmakers who already work with cryptocurrency are conventionally divided into three categories:

  • Those that allow you to perform any operations with it, for example, making a deposit, make bets and withdraw money.
  • Accept, but immediately convert and make settlements in the account currency.
  • Newly emerging blockchain platforms. This area is considered one of the most promising. Since blockchain technology would help the industry become as transparent as possible and keep information on rates completely safe.

The future of the cryptocurrency world is still vague. But it is obvious that the jump in the rate of the same bitcoin attracted many new customers to the industry. Large companies one way or another will have to take this into account and adapt to new conditions.

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FAQ

Recommendations for winning at a casino.

Everyone dreams about easy money. That is why the online casinos, million dollar Jackpots and impressive bonuses were created initially. However, you can hardly win a big sum unless you’re the luckiest guy in the world. So, what to do and how to win those desired millions if your hand is not lucky enough? I will tell you some recommendations. Please, take it seriously and use them wisely. Otherwise, they won’t make sense.

First of all, the gambler must be confident in the gambling site. Make sure it is trusted and really pays out. If you feel confused at this point, refer to our list of top trusted online casinos in the whole New Zealand.

Secondly, when you joined the real casino and managed to give it a couple of money losing spins, go back to the lobby. You should find the game having the highest return to player. For your information, the RTP is considered high if it’s over 95%. Where to find the RTP number? Basically, in the game rules.

  • A hint. You can make a wiser step and just find a list of all games RTP at your online casino. Usually, they place the document right on the website. Check the list and find the game with 99% RTP. In general, such games are table, like poker, blackjack or the old baccarat.

After you find the game, you need to practice it in free mode. No matter if you are a gambler with 20 years experience or a newbie in this game, you have to know the rules and how it behaves in practice. If you feel you have practiced enough, you can finally make a deposit and play for your money.

Play responsibly and don’t get addicted. If you have a feeling that something goes wrong, quit the game and complete it the next time. Surely, later you will have a cool head and easy hands.

Tips for jackpot

Finally, you can play progressive Jackpots from time to time. It’s always a sudden surprise to hit a Jackpot. Remember some tips for Jackpot and don’t get fully involved in gambling.

  • Spin Jackpot in the evening or at night. This time more players spin the big sum game. It means that one of these spins can be yours.
  • Don’t bet too much for a spin. It will not serve you well. If you hit the Jackpot, you’ll win the Jackpot money.
  • Play at the limited Jackpot games. In other words, daily or monthly ones. They are more likely to hit very soon, especially by the end of the period because it hasn’t been hit yet (if so).

People are pushed to stay in their homes since the world is isolated. However, the whole pandemic situation gets better. Due to the pandemic, the activity of online casinos has grown significantly. Overall, entertainment platforms continue to grow, and playing online we have to be aware of all ways to make everything simple. When we play casinos for real money, we need to make deposits and end up withdrawing the winnings.

Although online casinos have been around for many years. In fact, the mainstream began quite recently. Nowadays, people appreciate the convenience of online platforms, as well as online games even more.

When we talk about online casinos, the question of payment methods comes up. There is a growing demand for popular e-wallet payment systems. However, there is also tight competition between them. In this particular aspect, PayPal appears to be the industry leader.

PayPal and the rise of online casinos

As far as we play online casinos, we also make payments online. To be honest, there are many online payment methods on the market, but PayPal is a pioneer as the most trusted platform among all other electronic wallets.

Many factors affect the players’ experience in online casinos. One of these factors is payments. The way how you transfer the funds to the casinos directly depends on what payments system you chose. In the gambling sphere, players should easily make deposits, and quickly withdraw the winnings.

Hundreds of options are available now, however, we prefer PayPal. In the past, we believe that banking cards are the gold standard for transferring money. But the world is changing as we started to operate with many services via the internet.

Online wallets started to appear. Many e-wallets such as Neteller, Skrill have become popular. Although these platforms provide fast transactions and secure money transfers, they also request low transaction fees.

PayPal Casinos NZ

Hundreds of casinos in New Zealand use PayPal as one of their main payment e-wallets. Generally, no other payment system can compete with PayPal on the speed and convenience of transactions. It still remains one of the popular eWallet payment methods in the industry of online gambling. Players can use it to make easy and fast transactions and payments to casino accounts and back. History says that this giant payment system was founded back in 1998, and the first name was Confinity. Later in 2001, the company owners renamed it PayPal. In general, there are several important reasons why casinos work Paypal, these are:

Security – PayPal provides many layers of security measures of protection, to offer secure online payment through casinos since sometimes it’s tough to communicate with online casinos. The company offers top-security fraud protection.

Speed – We are not ready to waste our time depositing and withdrawing money from the gambling site. One of the main advantages of PayPal company is speed, smooth and efficient transactions. PayPal will save you from wasting time, and unnecessary headaches.

Low Fees – this is what PayPal mainly focuses on low fees. Therefore, you will not worry about losing money on transaction commissions. The price for activities is quite reasonable.

How did PayPal become popular?

At the beginning of online casino operations, people often chose alternative payment methods. However, a couple of years later, PayPal gained over 300 million users and became one of the most popular e-wallets in the world. Large corporations integrate PayPal into their systems and successfully cooperate with each other. All things considered, we can say that PayPal is already a mainstream service. Compared to Skrill and Neteller, they cannot compete with such a giant corporation.

This is why many players consider PayPal as a leading payment system to transfer money to casinos and back. The platform is fast, secure, convenient to use, and charges low commission fees. These are not all things that attract millions of players. The only drawback concerning online casino payments is that not all casinos support this wallet. In some cases, online casinos with PayPal do not offer additional benefits and bonuses for usage, compared to other payment systems.

Is PayPal Legal?

Yes, PayPal is one of the first e-wallets on the market and fully legal payment methods. Nowadays, more than 100 million people around the world use PayPal to make payments every day, including casino deposits.

It is worth noting that the answer to this question depends on the country in which you live. The fact is that payment via PayPal is limited in some countries. Moreover, some casinos may not accept payments through the PayPal platform, even if that method is legal in the country you live in.

If you would like to check if you can deposit or withdraw your winnings using PayPal, read the Casino Terms and Conditions or contact customer service. If the casino accepts PayPal, you will find it in the list of payment methods.

Do I need a bank account or credit card to open a PayPal account?

In order to open a PayPal account, you just need to enter your email address and confirm it. Your banking cards will be automatically linked to the PayPal account. For security purposes, when you make a deposit, the online casino will only see your email address. No personal information is transferred to casino administration or third parties.

When you make payments through your bank account, the recipient sees your personal information such as name, home address, and card number, and other banking details. Considering this, paying with PayPal is anonymous and secure. Therefore, nobody can see your data for personal purposes.

Do all online casinos accept PayPal as a payment method?
The gambling market is very competitive, so online casinos offer great deals to attract new players and keep regular ones. However, not all online casinos accept PayPal at this time.

We have covered all the ways to find online casinos that accept PayPal, but the gambling industry is constantly evolving and the number of online casinos that accept PayPal is growing rapidly.

Is PayPal the fastest way to pay?

Yes, paying with PayPal is quick and easy. The online casino receives a deposit within a few minutes. If you make a payment, you will also receive your money within minutes.

However, it should be understood that there are a few things to check before making a payment request. Firstly, if you played for bonuses, you must fulfill a number of casino requirements, which are indicated on the institution’s website. If you haven’t completed them, the casino will most likely refuse to pay you your winnings. In this case, you need to contact the operators of the support service. Secondly, it is important to pay attention to the payment methods. It is possible that the casino simply does not accept the payment method that you need.

The casino may also require additional documents from you, and if these documents are not verified, the casino may also refuse to pay out the winnings. As you can see, there can be many different reasons why you will not be able to receive money into your PayPal account.

Yes, such a win is quite possible. But the player will need a lot of experience and patience or a lot of luck. Of course, with a large deposit, the chances of winning are much higher, but it’s still worth a try.

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