The online gambling industry is still soaring to the top, with new technologies taking the market to new heights. New research suggests bigger jumps in the coming years after witnessing a 13% growth to reach a global value of $66.7 billion in 2020.
According to casino market experts, the gambling industry will witness substantial growth to reach a value of $114.21 billion by 2024. This growth is spearheaded by factors like advancements in the available technology (apps and smartphones), increased global digitalization and increased confidence in gamers playing online games.
Here are popular casino games spearheading the growth of this multi-billion dollar market:
Poker
Poker is a century-old casino game enjoyed in various forms, and it’s among the world’s most popular card games. Today, there are over 60 million poker players in the US and more than 100 million globally, with gamers playing it online and offline.
Many players see poker as a game of luck, but professionals see it as an explicitly designed game that requires lots of skills to remain successful. You may need luck in the short run, but you’ll need to understand maths and the odds to compete against professional players.
Blackjack
Blackjack is a table card game worth playing when looking for the best online casino Australia fast payouts and great odds. This fast-paced game is an all-time favorite for over 50 million casino players worldwide due to its simple rules and fast payouts.
This all-time favorite table game allows you to place normal wagers and side bets to get bigger prizes. Even better, online casinos offer different blackjack variations, providing new and intriguing gaming experiences for gamblers.
Roulette
Roulette is simple and incredibly easy to learn. This internationally recognized table game comes in two variations (American and European roulette), but the betting rules are almost the same.
American roulette features 38 pockets, labeled 1 through 36, and two green slots labeled 00 and 0. The 38 pockets are labeled with equal amounts of black and red, with players allowed to wager on the numbers or color of the pocket.
European roulette is the same as its American counterpart, except for the double zeros. The difference might seem insignificant to beginners, but once you understand the nuances, you’ll know there’s a huge difference in your winning rate in the long run.
Baccarat
Baccarat is among the most popular games for casino players looking for titles with a low house edge. People used to consider baccarat as an elite game, but it became accessible to players worldwide as its popularity grew. Its house edge stands at 1.24% when wagering on the player and 1.06% when wagering on the banker, which keeps your chances of winning significantly high.
The basic baccarat rules are simple, allowing even novice players to participate. Baccarat’s goal is for the player and the banker to score nine, but the contestants can bet on either side or a tie. Fortunately, you can wager even without prior knowledge of the casino’s scoring method, but winning the game highly depends on luck.
Bingo
Bingo is among the top casino games that excite you and draw you psychologically. According to psychologists, the cognitive skills needed in bingo enable players to complete mental tasks faster than others. The thrill of winning money is a major motivator for players, and it’s also a relaxing pastime for many.
In online casinos, this straightforward game is decided using decentralized random number generators. That makes bingo a fair and random game, with no techniques and strategies needed like in other casino games. You only have two choices; buy many tickets to increase your kickback or chances of winning and relax while enjoying what’s to come.
Lottery
Over 70% of UK’s residents over 18 years regularly participate in the national lottery. In the US, close to 50 million people participate in this popular pastime, with online casinos drawing in more players to the game every month.
Players can select multiple numbers and attempt to match them with the chosen balls as they would when using the traditional lottery ticket. Live dealer lottery games also offer side bets, including the total numbers drawn or the amount of even or odd numbers drawn.
Slots
According to market estimates, slot machines are expected to accelerate at 12.14% CAGR to hit $8.91 billion by 2025. That’s a staggering growth coming from such a simple, fast-paced casino game that’s luck-based.
Due to their simple nature, slots are a popular choice among casino goers online and offline. The games are perfect for beginners, as they’re intuitive and have few rules. There’s also an endless array of slot machines based on various themes. They strike the perfect balance between the amount of entertainment they deliver and value for money.
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