Gambling today is completely different from what it was like twenty years ago. Land-based casinos have taken a backseat to online gambling. The fact that technology has played a critical role in this transformation cannot be ignored. Here are 5 amazing technologies that have made many positive changes possible.
1. Multiple secure payment methods
If transferring funds to top up an account or withdraw winnings was difficult, online gambling wouldn’t be as popular as it has become. E-wallets have been accepted as payment methods for quite some time. Cryptocurrencies are the latest addition to the range of methods available. What’s more, online casinos take care to secure financial transactions.
2. Cloud gaming
In the past, only people who had access to dedicated, sophisticated, and sometimes expensive gaming devices could enjoy this pastime. If you didn’t, you had to go to a physical venue. Now, you can stream any game you want thanks to cutting edge cloud technology. You don’t have to buy expensive, high capacity computers to enjoy your favorite games online either. Cloud technology has made huge RAMs and graphic capacities unnecessary.
Another advantage of the cloud is that it saves your progress and you can just pick up from where you left off after taking a break. Online gamblers always enjoy the newest offerings because updates are easy to make. Moreover, they don’t need to make continuous efforts to free up room on their computers by deleting programs and apps.
3. RFID and chip protection
Radio Frequency Identification (RFID) makes it possible for online casinos to trace casino chips through their labels automatically. That way, they always know where each chip is located. Why is this important? The casino can disable a chip if it’s stolen or another form of criminality in online gambling has occurred. RFID technology can also be used to check how many people are playing a certain game at a point in time. Information about how they are placing bets becomes available as well.
4. Blockchain technology
Blockchain technology has come far from the early days of Bitcoin. It is used in procurement, insurance, finance, supply chains, public records, banking, and other sectors. Cryptocurrencies, which were mentioned as a new payment method, have the potential to revolutionize the gambling sector. Blockchain technology has enabled players to deposit and withdraw money in their cryptocurrency of choice. Not all online casinos accept cryptos yet, but more and more are adding them to their roster. Online casino developers are utilizing this technology to enhance security and safety.
In addition, a number of online gambling platforms are offering games built on blockchain technology. The blockchain records all financial transactions, ensuring much needed transparency in the online casino business.
5. Artificial intelligence
Online gambling wouldn’t be what it is without the many important developments in AI. Bonuses are offered to attract gamblers and retain current users. Online casinos use AI technology to understand consumer trends and customize bonus offerings. This technology analyzes patterns of use and creates targeted offers. It is also tweaked to prevent misuse and abuse. AI studies general industry trends and uses the findings to replicate tendencies on the respective online platform.
Developments in augmented reality and virtual reality (AR and VR) are an important element in the general direction of AI development. VR has the power to transport players to a new world of gaming, while AR goes a long way in providing a satisfactory experience. AR and VR are becoming more popular throughout the industry. In the future, online casinos equipped with this technology will attract hundreds of thousands of gamblers.
Most importantly, the realities of AI have transformed digital interpretation of online gambling, creating never before seen environments. Online casinos that support VR technology create an immersive world, bridging the gap between real life and gaming by making use of headphones. You get a bird’s eye view of the dimensions of your choice without leaving the comfort of your home.
This list doesn’t begin to scratch the surface of gambling technology and new developments can always be expected.