Formula One, or simply F1, is one of the most popular motorsports events in the world, with millions of fans tuning in to watch races from all corners of the planet. This sport has undergone significant changes over the years. For instance, thanks to technological advancements and the rise of the best online casino sites and sports betting platforms, F1 fans found new and exciting ways to watch and bet on races.
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If you want to learn more about these relations, keep reading because we will use this article to explore how technology changes our involvement in these activities.
Streaming and Online Viewing
In the past, F1 races were available only on TV. When the Internet emerged in the 1990s, only those with specialized software, knowledge and a stable Internet connection could enjoy live streaming. However, the rise of online streaming platforms has made watching F1 races live from anywhere on our planet easier.
Online streaming platforms like Facebook Live, Twitch, YouTube, and others have allowed fans to enjoy F1 races from their desktop computers, laptops, tablets, and smartphones. Also, many online casinos have started streaming races live, promising a compelling and convenient way for fans to enjoy this fast-paced sport.
The growth of online viewing has been rapid, with Forbes reporting that over 30% of consumers watched more live sports online than on traditional TV in 2017. This percentage went over 50% in 2019.
In-Play Betting
The rise of online casinos and sports betting platforms has also led to the growth of in-play (live) betting on F1 races. With live betting, fans can wager money on races as they are happening, providing a more interactive and immersive experience.
Online casinos are doing their best to simplify the process of placing live bets on F1 races. For example, they provide real-time odds and display stats on their applications and websites. With their help, players can make informed decisions about their bets based on the current state of the race. As we all know, things can change in the blink of an eye in Formula One.
The thrill and convenience of in-play betting have led to a surge in the popularity of online sports betting. Today, this is the fastest-growing form of gambling.
Virtual Reality
VR (Virtual Reality) technology also affects how people watch and bet on F1 races. Thanks to VR technology, fans can experience the race from a first-person perspective, providing…
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