Live Casino Soon to Overtake Land-Based Casino Action: We Give You the Reasons
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Ever since the first online casinos were opened almost three decades ago in 1994 thanks to the development of software solutions for secure online transactions, gambling over the internet never stopped evolving at a rapid pace, going hand in hand with tech advancements.
The 15 gambling sites that operated in the world in 1996 exceeded 200 in 1997, and by the next year the global online gambling industry reached $830 million in revenues. 1998 also saw the first online poker rooms, and multiplayer gambling online came into existence in 1999.
The new century began with estimates that more than 8 million people worldwide participated in gambling activities over the internet, and by 2008 global revenues from this market were valued at $21 billion annualy.
Currently, the global online gambling market is expected to reach a size of $153 billion by 2030, growing by 11.7% percent each year, according to a recent 2022-2030 forecast report by Strait Research.
Among the major factors fueling the market growth are the rising demand for live casino games and the continuous technological advancements including artificial intelligence (AI), virtual and augmented reality (VR/AR), and 5G connectivity.
Live Dealer Games are More Authentic than Ever
The development of cheap digital video production, coupled with the growing penetration and larger capabilities of smartphones and accessibility of fast mobile data, have contributed to the growth and expansion of live dealer online casinos, while they have become more authentic and immersive than ever.
These games are hosted live by a human dealer and the outcomes are decided by real-world events like card shuffling, dice throwing or wheel spinning, and not by virtual pseudorandom number generators.
The games are streamed in HD quality, often with added AR features, but always with plenty of options for players to interact with the dealer and the other players through their touchscreens, or via text, voice or video.
These factors have led to the establishment of live dealer games as the most popular form of casino gambling online. Many players, including even professionals, now prefer live casinos over land-based gambling venues, agreeing that they are not only convenient, but offer a better gaming experience, the report by Strait Research points out.
The Variety of Games Available in Live Casinos
Due to the growing demand and the improving technical capabilities, prominent live casino online platforms now strive to offer a great variety of games in order not to miss out on potential players.
Typical live casino game site https://casinodays.com/in/live-casino supports more than 250 different live games, all of them easily accessible on one platform after the player sets up an account.
Live game offerings spread across all game types and genres, including game shows, roulette, blackjack, Indian card games like Andar Bahar and Teen Patti, baccarat, and many more:
- Game Shows are modern-day variants of old-time TV game shows like “Deal or No Deal” and “The Wheel of Fortune” or home table classics like “Monopoly”, adapted to a live casino setting with added interactivity options.
- Roulette games with their iconic wheels and betting layouts are immensely popular for entry-level players and veteran gamblers alike due to their easy rules and great range of low and high risk bet options.
- Blackjack is often chosen by experienced players because skillful decisions during play and following an optimal betting strategy can lower the house edge and significantly increase one’s chances for winning.
- Andar Bahar is the most popular traditional Indian card game played at live dealer casinos. Its simple rules make it a perfect choice to relax and socialise with friends and family who are away at the moment.
- Baccarat is another iconic game from the classic casino floor catalogue and happens to be James Bond’s favourite game that he plays in many books and films like the Casino Royale (1954).
Table Games More Popular than Slot Games in India
Even though online slots have been known as the most popular game type in European online gambling, outperforming at a significant distance table games like roulette, blackjack, and baccarat combined, studies on the Indian market paint a different picture.
In Great Britain, for example, the UK Gambling Commission (UKGC) reports that online slots were responsible for £3.0 billion out of the £3.9 billion Gross Gambling Yield (GGY) generated by all online casino games for the year between April 2021 and March 2022, which is a massive 77% share.
A recent overview of Indian preferences for online casino games reported by ENV Media shows that roulette games alone bring in 70.1% of online casino turnovers within the Top 30 games by revenues. The chart contains 28 table games, all of them with live dealers, and only two slot titles generating a total of 2.0% of the turnovers.
Slots become more visible and even equalise with the weight of roulette games in the Top 100 games by player count, but the latter still outperforms the former with a share of 35.8% against 35.7% registered by online slots.
Pros of Live Casino
Casual and professional casino and poker players are turning more and more towards live casino play for a number of reasons that cover a surprisingly wide range of aspects of the good casino gaming experience:
- Online gambling is very convenient: one can play practically from anywhere and at any time of the day or night. Travel arrangements and costs for getting to a brick-and-mortar casino are out of the question, and quick gaming sessions between tasks or while commuting are perfectly possible.
- Game variety at online casinos is far greater than what land-based casinos are usually able to provide based on their available space and resources.
- Land-based casino entertainment is often too luxurious for players with smaller bankrolls. Online casinos typically have lower minimum bet requirements and are much more accessible.
- Online casinos have lower running costs which translates in better odds and payout percentages compared to offline casinos.
- The lower costs also make it possible for online casinos to offer free games to new players who are not yet ready to risk real money.
- Online gambling revolves around digital technology; and the same technology provides players with superb options to track their spending, as well as their overall gambling and bankroll status, something which is just not available offline.
- Safety and security at online casinos is on another level because they employ advanced encryption technology used by banking institutions to protect their players’ personal and financial data. Thus, playing online is incomparably safer than carrying lots of cash to a brick-and-mortar gambling venue.
- There is no need to play fast, pushed by the pace of the other players at the table. At online casinos there is no social pressure and this makes them ideal for more relaxed players.
- The tips players are expected to give to the dealers in land-based casinos can add up to significant piles of cash over time, while gambling online makes tips unnecessary.
