Tag Archives: covid-19
Why esports betting on the rise during COVID-19 (Part 2)
Bettors have transitioned from traditional sports competitions to virtual
Esports allows people to stay connected without leaving their homes. While major esports competitions were also canceled at the start of the pandemic, many professional competitions have turned to the internet and have begun to take place online. This way, everyone can watch or participate at no risk.
In the absence of traditional sports competitions, many sports bettors have turned to betting on esports competitions. Regular players of casual sports began to turn their gaze to the esports world. This transition has spurred the growth of several brands, such as Unikrn and Luckbox, both of which offer online esports betting.
In particular, LuckBox had an unprecedented explosive performance in the first few months of the COVID-19 pandemic. The company’s chief operating officer, Quentin Martin, said in May that LuckBox’s revenue had increased by almost 13 times, compared with figures reported in November 2019. Similar trends were observed. seen in deposits has increased 10-fold since then. The company also reported an increase in the number of registrations and the average bet size of the bettors.
Online bookmakers are also participating in Bandwagon eSports
Conventional bookmakers quickly noticed the newly created esports games. Many of them were eager to grab a piece of delicious cake and began to include esports services in their product portfolio.
Major sports betting and casino brands have jumped into the esports race, including established names like bet365, DraftKings and Pinnacle. They started offering esports-related betting products to regain their base of operations alongside their existing customer base in the absence of regular betting opportunities. Such trends can also be observed on the other side of the ocean.
In 2020, the Nevada Game Controllers Committee approved licensed bookmakers, allowing them to bet on popular esports tournaments and events from Call of Duty, League of Legends, FIFA, ESL One: Dota 2, Overwatch and DreamHack Masters, among others. Punters certainly appreciated these developments.
Famous esports media outlet Esports Insider conducted a survey of more than a thousand betting players from the UK and the results are quite encouraging. About 36% of survey participants said they were betting on esports when the COVID-19 pandemic was at its peak. About 22% of non-esports players responded that they are willing to bet on esports within the next 3 months.
What are the online casino betting trends during the covid-19 season?
Many services are currently in a shutdown phase. So what is the betting trend during the covid-19 season while this form is still constantly hot.
1. Traditional bets
Currently some people are betting in the form of not being able to participate and satisfy their passion. Because most of the traditional betting sites around the world are closed for general safety.
In addition, the form of playing ball through intermediaries will have to communicate through a person or a group of people at the cafe. Thus the level of spread and danger will increase rapidly. Because you cannot predict the exposure of others in recent times.
Especially when the traditional bet points only hit big matches. When these matches are postponed like Euro, Premier League then all must stop.
2. Online betting
Online betting is not like that. Because this form of betting is mainly online, through computer equipment and phones. You only need to be connected to the internet to deposit money. Online betting does not have a notice of deactivation.
However, there are some limitations. Such as slow money transaction time at Online casino, stop accepting membership at the online casino. However, all bets and points in the old account remain the same. You can still participate in Online casino betting and make money at home and online bookmakers.
Sports betting is delayed
The Covid -19 pandemic caused most football tournaments around the world to be canceled. Bets are feeling depressed and bored when there are no top football matches. Not only that, but the money earned from this type is also tight.
Tournaments that were hit hard as
There are over 90 rounds for the English Premier League but are currently pending for an indefinite period. The outstanding faces of the Premier League are at risk of infection, or Arsenal coach has been officially infected. Laliga, Euro also postponed similar.
Although online betting only has a few drawbacks. But online betting during the season is still your choice.
Football betting is now very popular. It especially attracts betting enthusiasts and especially young people.
Recently, although big tournaments have temporarily stopped playing, you can still satisfy your passion for betting with smaller tournaments like Belarus and efootball.
Although not as diverse as the previous match, but this form of small bets still ensure all kinds of bets. From popular contracts such as handicap rafters, talent contracts, to side bets such as corner rafters, first half contracts all are offered online odds by the online casino in the earliest time. Usually the odds of an online casino house dealer give people a bet 5-6 days before the match takes place. Therefore, players will have enough time to analyze and identify the match most accurately.
