Connect with us

Also Interesting

Popularity of Online Sportbooks In 2022

Published

8 minute read

Sportsbooks have never been as popular as they are in 2022. Today, they host all sorts of games, including basketball, cycling, baseball, and football. The leading sportsbooks in the industry are licensed, legal, and safe.

In Canada, the sports betting landscape is going through dramatic changes. Luckily, they are all for the better. You are no longer limited to parlay-style games. Following the launch of Ontario online sportsbooks, a big part of the population has been taking advantage of the available choices.

Why Are Online Sportsbooks Are So Popular?

Online sportsbooks have come a long way over the last few decades. Online betting has turned into a multi-billion-dollar industry, and plenty of companies are quickly joining in.

With the increasing number of online gambling fans, operators have no choice but to keep up. Here are a few reasons why online sportsbooks are becoming so popular.

1. Convenience

Online sportsbooks are very convenient. You can play for hours in front of your computer or with your smartphone. The ability to place all the bets you want without leaving your home is unmatched. You can take breaks whenever you
want, and there are no limits to the hours you can play.

You don’t need to travel all the way to a casino or deal with long queues every time you want to place a bet. Online sportsbooks allow you to bet on your tablet, mobile phone, or computer.

2. Variety of Betting Markets

Online sportsbooks bring you a variety of betting markets. The best Canadian sportsbook online has markets for just about every sport in the world, from the Major Leagues to upcoming sports like MMA, and eSports. The variety that online bookmakers offer can dwarf the options at offline platforms significantly. You will enjoy player and team propositions, live betting markets, and a variety of futures. If you are only interested in wagers and parlays, online betting makes more sense than visiting land-based casinos.

What’s more, you can bet on a wide range of sports, from basketball and football to tennis and eSports. This means you’re not limited to Canada-based sports. You can gamble on games from major leagues all over the world.

3. New Players Feel Welcome

Online sportsbooks use welcome bonuses and promotions to make new players feel welcome. Their non-personal nature makes them feel less intimidating. Anyone can place bets and make profits regardless of their experience. Land-based casinos can be intimidating, especially for new players. You are unlikely to enjoy welcome bonuses or the level of support that online casinos offer.

If you are curious about ways to bet on your favorite sport, you can get help from customer care representatives, live webchats, and other support forums. Some sites may offer free-to-play trials for new players. These trials will get you acquainted with the game before investing your money.

4. Line Shopping

Even the most fantastic handicappers come second to those who continually shop for lines. Line shopping could be helpful even when you have limited sports knowledge.

At its foundation, sportsbetting is mostly about math. There is no better way to take advantage of the math than with consistent line shopping. It is the best way to maximize possible winnings.

If you aren’t betting offline, you can’t take advantage of the odds across different providers. This could push you into losses. Line shopping is the surest way to improve your bottom line.

The lack of reduced juice options in land-based casinos is another important consideration. Plenty of sites offer reduced -105 pricing for most of their markets. Others offer reduced juice promotions. You are very unlikely to find reduced juice in offline casinos.

5. Post-Up Sportsbooks

Post-up sportsbooks make up the biggest number of online sportsbooks. These are the kinds of sportsbooks that demand that you deposit some money before placing a bet.

You are unlikely to find credit shops online. They are the types of sportsbooks that let players wager with a credit line. With credit shops, you can play without placing a deposit. You will pay your debt after a loss. Usually, the shops settle
every week.

Post-up sportsbooks have plenty of advantages over credit shops. The payouts are more straightforward, and you are unlikely to have trouble claiming your winnings. If you win big, you may have difficulty getting money from credit shops.

6. Bonuses and promotions

Bonuses are a critical aspect of online gambling. Online sportsbooks in 2022 are always coming up with bonuses to attract new customers. The bonuses attract new customers and improve the loyalty of existing ones.

Because of their high operational costs, land-based casinos cannot afford to be generous with their promotions. However, finding an online sportsbook that doesn’t offer VIP point programs and reload bonuses is almost impossible.

Most online sportsbooks have hundreds of dollars’ worth of free play bonuses. Go to different online sportsbooks and clear their bonuses. You can get thousands of dollars’ worth of free time with minimal effort.

The bonus opportunities are especially helpful if you are a new sports bettor looking to improve your bankroll. VIP programs and rewards are fantastic for loyal players. Some casinos have point systems that let you buy rewards from the
management or store. Qualifying players may be eligible for special bonuses.

7. Endless Variety

Even if you enjoy betting on a specific game, adding some variety to your betting experience wouldn’t hurt. Maybe you started betting on cricket and slowly found your way to basketball and football-it may be time to explore other games as
well. With land-based casinos, however, your options are limited.

Online sportsbooks open up an endless variety of betting options for you. The best thing about it is that they are all just a few taps on the screen away. Many online games come with special features that you wouldn’t enjoy at land-based
casinos. Your gambling experience will never be boring or predictable with the wide variety.

The online sports betting industry has come a long way in the recent past. The online betting world is taking the world by storm and has already grown into a multi-billion-dollar industry. Online sportsbooks are popular for their
convenience, massive variety of games, bonuses, promotions, and opportunities for line shopping.

Todayville Content Team works with a wide variety of clients to develop compelling content solutions. Our experienced team develops strategic campaigns that use video and storytelling, digital advertising and social media to help our clients position and distinguish themselves in the market.

Follow Author

Also Interesting

Understanding Slot RTP and Variance: Which Slot Game Is Right for You?

Published on

When it comes to playing slots, luck plays a huge role, but there’s more to winning than just spinning the wheels. Checking the variance and RTP of a slot game beforehand can help you find one that matches your style and strategy. Whether you’re a casual player or chasing a jackpot, understanding these factors can improve your experience. For Canadian players looking to try their luck, Tenexcasino.com is a top choice among crypto casino sites, offering a great platform to explore these games.

What is RTP?

RTP or Return to Player shows how much of the money you bet goes back to you over time. It also shows you the “house edge,” or how much of your money goes to the casino over the same period. If a slot has an RTP of 90%, 90 cents of every dollar you bet goes back to you. The remaining 10 cents is the “house edge” or the profit the casino will likely make.

RTP is measured over time and doesn’t tell you what will happen with each spin. But it can tell you which slot games to pick if you want to minimize risk.

What Is Slot Variance?

Variance also shows the risk of playing each slot game. But unlike RTP, it determines how often you can expect to win and the average size of each payout. Will you see small, frequent wins or rare but potentially huge payouts?

Depending on your preference and budget, you can opt for low, medium, or high-variance slots. Low-variance slots offer frequent but smaller payouts, medium-variance slots provide a mix of frequent smaller wins and occasional bigger winnings, and high-variance slots give rare but significant payouts.

What’s the Right Type of Right Slot Game for Me?

Variance and RTP can help you select the slot games that suit your style and the risk you’re
willing to take.

High RTP Slot Games

High RTP games are an ideal choice if you’re on a small budget. They will give you the best chance to build your bankroll and get more from your investment. You should look for games with at least 97% RTP, like Mega Joker (99%), Codex of Fortune (98%), and Starmania (97.87%).

While these games ensure you get more of your money back in the long term, they won’t necessarily help you maintain your bankroll. If that’s what you’re looking for, you should ensure the slots also have low variance.

Low Variance Slots

Low-variance slots are a perfect choice if you’re looking for steady gameplay with minimal risk. They allow you to play longer without large swings in your balance. But it’s not without its thrill.

If you like frequent wins, these games certainly keep the excitement alive. Some of our favorite low-variance games are Starburst, Jack Hammer, and Blood Suckers.

Medium-Variance Slots

These are a sweet spot. Medium-variance slots are perfect if you want steady payouts with the occasional thrill of big wins. They allow you to avoid the risk of high-variance slots while enjoying some of the excitement. Temple of Iris, Wolf Gold, and Golden Winner are great medium-variance slots worth checking out.

High-variance Slots

High-variance games are your best bet if you dream of hitting the jackpot. The risk is undoubtedly high, but you can win a massive payout. However, these slots may not be the best choice for prolonged gaming sessions. They can, however, provide convenient and enjoyable entertainment when traveling or during your lunch breaks.

High variance slots often include progressive jackpots. Some of our favorite high-variance slots include Rome: The Golden Age, Twin Spin Megaways, and Jack in a Pot.

Having a healthy bankroll is necessary here. But even more so, you need patience. You may go through several spins without a win, but the payout can be significant when you do win.

Continue Reading

Also Interesting

The Role of Satellite Imagery in Developing VRA Prescription Maps

Published on

Since its appearance in the 1980s, precision agriculture has revolutionized farming, offering innovative solutions to age-old challenges. One of those is Variable rate technology (VRT), which plays a key role in improving efficiency and sustainability in today’s farming methods.

By applying inputs like fertilizers and water in different quantities across the field, VRT helps optimize crop yields and reduce costs. This technology relies on data collection and analysis to create detailed VRA prescription maps, allowing for customized input applications. 

With the right equipment and technology, VRT can significantly improve agricultural productivity.  Today’s advanced tractors, equipped with built-in terminals and specialized software integrated with a precision agriculture platform, use prescription maps to accurately apply variable rates of water or chemicals based on GPS location and management zones.

Variable Rate Technology In Precision Agriculture

Precision agriculture is a game-changer, moving far beyond traditional farming methods. Often called satellite farming, this approach focuses on crop condition monitoring, measuring, and responding to variability within fields. One of its standout innovations is variable rate application (VRA), which has caught the attention of farmers worldwide for its immense potential.

Why is VRA so important? It goes beyond simply fertilizing, seeding, and applying pesticides. It’s about utilizing technology to apply various expendable materials on and beneath the field automatically. 

Farm management software simplifies contemporary farming by combining data and technology to improve farming efficiency, sustainability, and profitability. Precision agriculture platforms consolidate operations, crop health monitoring through satellite imagery, and offer real-time suggestions, enabling farmers to make informed decisions for the best use of resources (through VRA) and increased productivity.

Variable rate application offers numerous advantages for modern agriculture:

  1. VR fertilizer enhances farming efficiency.

Adjusting rates based on soil health and plant needs helps save resources and increase yields. Research shows this method can lead to higher net income and healthier soil compared to using uniform rates: “The net incomes of VR management zone were 15.5–449.61 USD ha−1 higher than that of traditional spatially uniform rate fertilization.”

  1. VR irrigation saves water, time, and fuel while reducing machinery wear.

Applying the correct amount of water to different parts of the field based on soil moisture levels and crop requirements reduces wear and tear on irrigation equipment compared to uniform irrigation.

Studies claim: “Variable rate irrigation (VRI) can increase water use efficiency and productivity by applying water based on site‐specific needs.”

  1. VR seeding increases crop yield by adjusting seeding rates based on soil fertility.

VR seeding adjusts seeding rates based on soil fertility and other factors to optimize plant populations and yields. It is commonly used alongside variable rate fertilization as part of a comprehensive precision agriculture strategy. 

Findings show that: “The application of VRS to the seeding of various crops shows positive agro-economic trends, additional yields, and higher economic returns.”

  1. VR pesticide reduces environmental pollution and improves pesticide efficiency.

VRT helps farmers target pests more accurately and use less pesticide. 

Studies have found that “VR management zone reduced the use of nitrogen (N), phosphorus (P), and potassium (K) fertilizers by 22.90–43.95%, 59.11–100%, and 8.21–100%, respectively, and it also increased the use efficiency of N, P, and K by 12.27–28.71, 89.64–176.85, and 5.48–266.89 kg/kg, respectively, without yield loss.”

This demonstrates the ability of variable rate technologies to improve pesticide effectiveness and reduce environmental pollution in agriculture.

Using Various Technological Means For Informed Decisions

Applying different technological tools is essential for implementing variable rate technology in agriculture. This includes smart machinery, fertilizers, seeders, soil sensors, geographic information system (also called GIS), and the Global Navigation Satellite System (GNSS) applications for field mapping. Additionally, having supporting infrastructure, which helps manage and analyze info from different sources, is crucial for successful implementation.

Understanding the location, timing, and methods for seeding, fertilizing, and harvesting is key in remote crop monitoring and precision agriculture, where data plays a vital role in managing resources effectively.

This information is taken from a wide variety of data sources.

  • Sensors. Moisture, soil nutrients, compaction, weather stations (humidity, temperature, wind speed)
  • Drones and satellite photography. Field hyperspectral imaging.
  • GNSS. Event coordinates, also points and times for obtaining time-series data
  • Spatio-temporal data sources. Spatio-temporal specific data (trajectories of agricultural machinery, spatiotemporal points, event points, time-series information)
  • Maps. Field boundaries, soil type, surface levels)
  • AI solutions. Prediction of weather conditions, detection of plant diseases.

However, simply collecting raw data is not sufficient. It is necessary to process this information to extract valuable insights, make informed decisions, and enable automatic alerts and control signals for agricultural equipment. Thus, you must have the capability to:

  • Gather data;
  • Transform the data to extract valuable insights for precision farming gear;
  • Upload the data into agricultural equipment;
  • Retrieve real-time data from tractors, seeders, fertilizers, and other machinery.

By following these steps, farmers can make the most of modern technology, optimizing their farming practices and boosting efficiency.

Use Of Satellite Images In Building VRT Maps

Satellite crop monitoring imagery can be used to generate different kinds of VRA maps for various purposes. As nitrogen is one of the most critical elements plants need, building map for its proper application is a major task. 

Nitrogen fertilization maps play a crucial role in optimizing the application of water, nitrogen, and crop protection products. 

When creating a VRA map for nitrogen fertilizer, you can choose from various indices that provide valuable insights:

  • MSAVI is sensitive to uncovered soil and, therefore, is ideal for planning VR fertilizer application in the early stages of growth.

Example:  Early in the growing season, a corn farmer uses MSAVI to detect patches of uncovered soil in their field. This helps them apply fertilizer more accurately, ensuring that nutrient-rich areas receive the right amount of input and promoting uniform growth.

  • ReCI measures chlorophyll content in leaves, helping to identify field areas with faded and yellowed vegetation that may need additional fertilizer.

Example: A soybean grower notices using ReCI that certain sections of their field have yellowed leaves, indicating possible nutrient deficiencies. They apply additional fertilizer to these areas, restoring plant health and boosting overall yield.

  • NDVI indicates biomass accumulation zones and areas with low vegetation that might demand larger amounts of fertilizer.

Example:  A cotton producer uses NDVI to map out zones with varying levels of biomass across their field. They adjust their fertilizer application rates, applying more in areas with lower vegetation to support growth and maximize their harvest.

  • NDMI is well-suited for VR irrigation by identifying areas that are under water stress.

Example: During a hot summer, a vineyard uses NDMI to pinpoint areas suffering from water stress. They adjust their irrigation system to provide extra water where it’s needed, ensuring the vines remain healthy and productive.

    • NDRE helps identify stressed or dying vegetation in the middle to late stages of a season, aiding in effective fertilization strategies.
  • Example: During the season, a wheat farmer uses NDRE to identify patches of the field where the wheat plants are showing signs of nutrient stress or poor growth. By applying a mid-season nutrient boost specifically to these stressed areas, the farmer improves the overall health and yield potential of the wheat crop.

Field Productivity Maps

Field productivity maps can be created by analyzing satellite images to pinpoint areas with high or low crop yields. By using the NDVI index and advanced machine learning algorithms, different productivity zones can be identified.

Key applications of productivity maps include:

  • Potassium and phosphorus fertilization

Historical productivity zones data can help avoid excessive application in areas where these nutrients may have accumulated with time.

  • Variable rate planting

Farmers can apply different seed amounts in various productivity zones to either maximize yield or achieve uniform distribution across the field.

  • Land evaluation

Field productivity can be assessed before purchasing or renting land; it helps reduce risk and enhance profitability.

  • Targeted soil sampling

Soil sampling efforts can be focused on key areas indicated by productivity data, rather than relying on generic grid sampling.

As you see, variable rate application (VRA) is a cost-effective method that can save you 10% on planting and cultivation costs based on the characteristics of the soil. To fully benefit from VRA, it’s important to understand the technologies involved, such as sensors, GNSS, earth observation pictures from drones and satellites, and digital maps, which provide crucial data for analysis and implementation. We sincerely hope that you succeed in your farming endeavors with modern technology!

______________

Author Vasyl Cherlinka

Vasyl Cherlinka is a Doctor of Biosciences specializing in pedology (soil science), with 30 years of experience in the field. With a degree in agrochemistry, agronomy and soil science, Dr. Cherlinka has been advising on these issues private sector for many years.

Continue Reading

Trending

X