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Canada’s casino growth forecast 2022
While the North American casino market has trailed behind its European counterparts for a few years, the industry has recently gone through a tremendous period of growth. From brick-and-mortar casinos licensed by local provinces, to the emergence of online casinos, Canadians from across the country are embracing the latest online casino technologies.
2022 is no exception in which the market is expected to continue to grow. Last year’s statistics show a huge 13% growth, in which online casinos have fuelled this. Below, we’ll take a look at some of the leading casino trends that are driving this growth and take a look at what we can expect for 2022.
Online VS physical casino growth across 2022
2021 was an anomaly for the casino world in which there were a great number of start-ups emerging, particularly within the esports industry. With a number of emerging online casino start-ups, the competition increased dramatically.
As such, providers like this online casino Canada, have had to come up with new and innovative ways to attract and retain customers continually by offering a diverse range of games. However, many brick-and-mortar casinos were forced to shut their doors for most of 2021, not only helping to fuel the online casino industry but forcing physical casinos to either move their services online or risk closing down.
Across 2022, the growth of online casinos doesn’t seem to be slowing down in which they’re set to continue to innovate, embracing the latest of online casino technologies that enable them to stay ahead of the competition.
A change in online licensing stance
One thing that had a huge effect on online casinos globally across 2021 was the grey listing of Malta gaming licenses by the FATF. This move meant that many online casino providers requested to move jurisdictions to alternate licensing areas, and in particular Kahnawake.
The Kahnawake gambling license offers a flexible, cost-efficient and straight forward set up process, as well as being a respected jurisdiction which makes it an attractive license for global start-ups to gain.
There are currently around 250 gaming sites licensed under the jurisdiction and this is set to grow across 2022 as more online gambling startups emerge.
Many casino providers changed gaming licenses and in particular, many changed to the Kahnawake license in Canada.
Emerging online casino trends of 2022
Crypto casinos
Crypto casinos have become an increasingly popular option for online casino providers recently, in which many casinos are becoming sole crypto currency casinos.
Crypto casinos not only offer a more efficient way of playing but also offer a safer way to pay and a more anonymous experience for players across Canada. As cryptocurrency operates on blockchain technology, this means that transactions do not go through a central banking authority and as such, do not need to be approved.
Crypto payments are also more difficult to track, meaning players benefit from increased privacy and faster gameplay instead of having to wait for withdrawal requests and deposits to be approved.
Virtual Reality
While virtual reality technology is no longer a new trend in the video gaming industry, it’s beginning to take the online casino industry by storm. As VR headsets have become more accessible in the market, more and more online casino games have begun to incorporate such technologies.
One way in which virtual reality is being used is through live poker games. Traditionally, such games have lacked experience in the virtual world, whereas the introduction of virtual reality has helped to bridge the gap between physical casinos and online ones.
With the development of VR gaming, there is a chance we could see VR being introduced more to the world of online casinos.
The rapid growth of esports betting
Esports is set to be a huge trend for 2022, in which we’ve already seen esports rising through the ranks rapidly. According to statistics, esports is set to become more popular than sporting games themselves this year.
One of the reasons for this is the interactivity of online games, in which players can not only see what is happening in real time but get involved in the action through placing bets.
A shift in the way games are promoted
Another trend that seems to be emerging for 2022 is the responsible promotion of online gambling. As further legislation is brought in, a big focus has been brought onto problem gaming.
Some of the measures that are being brought in include age restrictions and gaming tools that help users to have a more controlled experience and even self-exclude themselves from certain games and promotions if they so choose to.
An increase in live dealer games
As the competition for online casino providers increases, sites are continually looking for ways to make the experience more enjoyable and interactive. Live dealer games have become a large part of this in which virtual games now incorporate a real-life dealer who can interact with players.
Overall, the Canadian online casino market is looking incredibly promising for 2022. 2021 brought about many challenges for the casino sector, from the closing of physical venues, to licensing changes that have drawn the global casino sector towards Canada's new and emerging licensing offerings.
With so many new technological advances in store currently, online casinos in Canada are set to boom, however they must drive to stay ahead of the increasingly tough competition.
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NFL And CFL Betting 101: Why You Shouldn’t Bet With Your Emotions
Betting on the NFL and CFL can add an extra layer of excitement to the games, enhancing the
experience for many fans. However, successful sports betting requires discipline and strategy rather than just a passionate love for the game. Emotions, whether high or low, can cloud judgment and lead to impulsive, often regrettable decisions. This guide highlights why detaching from emotions when betting on football is crucial, offering practical strategies to keep your bets rational and strategic.
The Dangers of Emotional Betting
Betting with emotions, or betting impulsively based on personal bias or loyalty, can create a skewed perception of the game. It’s common for fans to overestimate their favorite team’s performance or assume a player’s history will guarantee a particular outcome. These assumptions lead to what’s known as “confirmation bias”, where fans see only the information that supports their beliefs and ignore contradictory data. This can cause bettors to overlook crucial insights, like injury reports or statistics, leading to inaccurate wagers.
Emotional betting also fuels what’s called “chasing losses”. This occurs when bettors, frustrated by previous losses, place increasingly risky football bets in an attempt to win back money. This approach is rarely successful and can quickly turn manageable losses into significant setbacks. By staying rational and informed, you can avoid these pitfalls and make more calculated, objective bets.
Strategies to Minimize Emotional Influence
One of the best ways to avoid emotional betting is to establish clear betting strategies based on data and analysis. Here are a few tactics to keep in mind:
1. Analyze Data, Not Personal Feelings: Before placing a bet, review all available data, including team statistics, recent performance trends, and injury reports. A data-driven approach helps eliminate bias, allowing you to focus on concrete factors that influence game outcomes rather than relying on loyalty or gut feelings.
2. Limit Bets on Favorite Teams or Players: It’s easy to let personal favorites dictate betting choices, but this often leads to poorly reasoned bets. Try to limit the amount of money you wager on teams or players you’re emotionally attached to. Alternatively, look for opportunities to bet on neutral games where personal feelings won’t interfere.
3. Track and Review Betting Patterns: Keep a record of your bets, including the reasoning behind each one and the outcome. Over time, you may notice patterns, such as betting more on favorite teams or overinvesting after a loss. Recognizing these tendencies can help you adjust future strategies to stay more objective.
4. Take Breaks When Needed: If you find yourself betting impulsively or “chasing” after a loss, it might be wise to take a break. Giving yourself time away from betting can clear your mind, allowing you to return with a fresh, objective perspective.
Understanding the Value of Objective Analysis
In sports betting, value is found in assessing odds and comparing them to actual probabilities. Odds reflect a combination of factors, from team performance to public perception, and even individual player stats. For instance, player-specific metrics like Aaron Rodgers player odds may offer valuable insights, especially when factoring in performance trends, injuries, or recent games. Analyzing these detailed odds alongside overall game stats helps bettors avoid the common pitfall of placing hopeful, emotional bets that may lack real value.
When emotion enters the equation, it’s easy to overlook true value, focusing on high-stakes or biased bets instead. By paying attention to player odds and using objective analysis, you’ll be better positioned to spot value where odds align with the likelihood of outcomes, improving returns and reducing the risks tied to emotional decision-making.
The Long-Term Benefits of Rational Betting
Sticking to rational, well-reasoned betting strategies not only improves your chances of success but also makes betting a more enjoyable and sustainable activity. Betting without emotional influence helps you stay in control, reducing stress and frustration associated with losses. Furthermore, disciplined betting habits help build a foundation for long-term profitability, transforming betting from an emotional rollercoaster into a calculated, engaging pursuit.
In conclusion, betting on the NFL or CFL can be thrilling, but it requires an approach grounded in data, strategy, and self-control. By setting aside emotions, analyzing information, and adopting a disciplined mindset, you’ll be better equipped to make informed choices and avoid the pitfalls of impulsive betting.
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Popular Casino Games at 1Red
1Red Casino has quickly emerged as one of the best casino betting platforms available for betting enthusiasts in Canada. Players can find tons of casino games available to place bets on this platform and secure winnings. They will be able to start playing the games within a few minutes with the help of the simple and user-friendly interface of the betting platform. However, new users may also find it challenging to choose any casino game and start placing bets as the number of games available on this site is massive. Players can check out the list of popular games at 1Red Casino below.
Slots
Slot games are the centre of attraction for casino betting enthusiasts at 1Red, as they will be able to find an extensive range of slot games available at this site. This includes slot games from several popular developers around the world, such as NetEnt, Pragmatic Play, Evolution Gaming, Micro Gaming, Play’N Go, and many others. Players will be able to enjoy playing across the classic slot games and even the modern titles, with the opportunity to grab impressive winnings. Also, they will be able to place bets over the progressive jackpot games and secure massive winnings.
Table Games at 1Red
At 1Red, even the classic casino enthusiasts will be able to find the popular table games available for them to place bets and secure winnings. They will be able to use the skills and strategies to place bets at the popular table games on the site, which are as follows:
- Baccarat: Players will be going against the dealer to place bets on which hand will have the card values closer to 9.
- Blackjack: It is also similar to Baccarat, as players go against the dealer with the main objective of getting their card values close to 21 and not exceeding the same to secure winnings.
- Roulette: In this game, a wheel is spun in every round, and players can place bets on the numbers or colors to grab winnings.
- Poker: Players can test their strategy by playing the Poker game, going against the other fellow players with the best card combination decided as the winner.
Live Dealer Games at 1Red
1Red casino betting platform also allows users to play the Live dealer games, where they can join the live streams of the games and start placing bets with the availability of real-time dealers and other players at the same table. These games will have professional dealers who will be providing them with a real-time gambling experience. It even allows users to communicate with each other at the same time, through which they can increase interaction and even learn more strategies. The casino games that players will be able to play in the live casino section include Baccarat, Blackjack, Roulette, Poker, and various others, with their variations.
Specialty Games
The specialty games at 1Red are also gaining a lot of popularity among betting enthusiasts in Canada. These games are useful for those bettors who want to place bets on casino games that are based on luck. They will be able to find various games, such as Keno, Bingo, and Scratch cards, where they can start playing with small amounts and even get a chance to secure massive winnings. Along with that, these games can be played quickly by the bettors, which will help them reveal their winnings within a few minutes and gear up for the upcoming round of the game.
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