How the Coronavirus Affects Your Sportsbook
The coronavirus is shutting down the sports industry. As sports leagues cancel their games, there are less and less options and games you can offer in your betting software. And with nothing to bet on, your players have no purpose to check in with you, their bookie. Take a look at how the Coronavirus affects your sportsbook and what you can do about it.
The Coronavirus Affects Your Sportsbook
We all wish it was that easy to wipe out the coronavirus as you would a software virus. But until the contagion is stopped, much of the world remains at a pause. Even the eSports league coronavirus disruption is a disappointment to everyone. Because even if a lot of business is conducted online, especially for gambling, the lack of subjects to bet on is what’s crippling the industry.
A lot of pay per head bookies are still betting about sports, but their odds are not on game outcomes. Rather, they are offering lines on when the public thinks the games will resume. Other bookies have gone wild, offering wagers on the weather. THE WEATHER. How long will sports bettors survive without betting events? Because betting over/unders on the humidity is surely something we would not want to do long-term.
There are still a few leagues running- you have Russian and Turkish soccer. Some Japanese baseball, and a few other sports that still continue, but may be cancelled soon. Futures on the MLB is still pretty active, while futures on the NBA and the NHL are tricky.
The disruption is not as bad for online sportsbooks as much as retail sportsbooks. Especially when people can easily access their sportsbooks safely from home. For now, bookies are offering the weirdest betting options. But a saner option would probably to let your players use the other features you get from your pay per head provider. Invite your players to try out your very own online casino. Tell them about the various table games, live dealer casinos, poker, and more. Give them other online casino services that they can use for now. That way, even if your income is not as high as the previous month’s, you can still earn well for now.
