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Betting as a group enhances the experience of watching games for young fans. It also gives them a reason to watch most or all of the game, which is unusual. (Sitting around and watching a three-hour sporting event doesn¡¯t exactly line up with the small-bite entertainment of TikTok and Instagram.) BetPARX senior VP of i-gaming and sports Matthew Cullen calls the practice ¡°snacking.¡± When young people do put money on a game, the demographic is far more likely to stick around. The Team Whistle survey found that 70 percent of people who bet on a game watch all of it, as opposed to 48 percent of those who haven¡¯t.
Sports Betting Is Revving Up Ad Spending For Fourth Quarter

It is a new innovation within the payment category of online casinos since most casinos accept a variety of payment methods which is another reason for its popularity. Namely, you can make payments with everything from your digital wallets like PayPal or Skrill to bank transfers or credit and debit cards. But, crypto payments are considered super to traditional payment methods due to their low transaction fees and short processing time.

One interesting development was that retail sports betting handle rose 30.5% in August to just over $7 million, from the $5.38 million in July. Perhaps the Connecticut Sun¡¯s WNBA playoff run had something to do with drawing more wagering at physical sportsbooks. The Sun went to the WNBA Finals before losing the best-of-five series 3-1 to Las Vegas, with the Aces clinching Sunday in Game 4.