There are major shutdowns and lockdowns happening everywhere due to the COVID-19 outbreak. While there’s no denying that this had limited many sports betting fans with little to no betting options, you’d be shocked by how the gambling industry (or at least part of it) is benefiting from this pandemic.
Sports betting before the pandemic
We all know how COVID-19 has affected everyone from around the world and there are no exceptions. Every single country from across the planet has quickly shut their borders as well as corporations and companies closing down. It is such a tragic sight to see.
While these all made a negative impact such as people losing their jobs and resources becoming scarce, some have benefited from it. Most people would come up to the conclusion that it’s all unwell and bad, but what some people may not realize that it brought the opposite effect.
The online gambling industry for instance has been growing exponentially over the last couple of years. We all know how well and good the benefits of its convenience over its brick and mortar counterparts. It just works and people love the idea and it’s a great alternative for those who wanted accessibility.
Gambling activities such as sports betting is huge but it has become even bigger in the online space.
The unimaginable happened
News about the virus spread overseas and headlines are all about COVID-19. It swept the entire planet with its deadly threat not only to the humankind but also for businesses.
There are nearly 1,000 casinos in the United States alone were ordered for business closures until further notice. If this doesn’t alarm you, this only means that a huge percentage of the entire gambling industry has been affected by this pandemic.
The state of sports betting during the pandemic
While this certainly is bad news for the industry, in the same month when nearly a thousand land-based casinos were forced to close down, legal online poker sites all reported a record-high online profit.
To say the least, it has been a surprise seeing great numbers amidst the pandemic albeit the other half of the gambling market, the brick and mortar casinos, didn’t benefit from the crisis that much. The huge shift of sports betting fans to the online betting scene is what majorly affected all this insurgence.
Many online sports betting websites saw the opportunity to take advantage of the current situation and draw many sports bettors as much as they can. Proving that online betting is a superior choice when it comes to convenience and accessibility.
Sports you can actually bet on
You’d be surprised to know that there are a handful of sports that people can still wager on in this rough and tough times. While it is obvious that not all sports and its leagues have been fully restored the way people are used to, there are still some that will surely excite sport betting enthusiasts out there.
Starting with Russia, their Liga Pro Short Hockey and Table Tennis have chosen to continue their respective leagues and most of their games are pretty much available all week. Their season continues forward and many people are enjoying the many ways they can place their bets on these games.
There are still too many sports to list here such as the NFL draft and the International Basketball event, again in Russia, pledges to not halt their events.
Perhaps the biggest chunk of the gambling industry and the whole sports industry that people often overlook is Esports. If you don’t know what Esports is, you may be a little behind the curve. It’s a video gaming industry market where professional gamers play at a competitive level.
This often-disparaged hobby space has grown exponentially over the recent years and during this pandemic still continuous to dominate online sports betting websites with left and right bets across different games including Counter-Strike, DOTA 2, Overwatch, and even sports simulations.