The coronavirus (COVID-19) has spread throughout the world. As a result, mass gatherings have been prohibited. This has resulted in the cancellation and suspension of live games and major sporting events.
As a bettor, there are always opportunities to play other games. However, bookies don’t have it this easy, especially if most of their income is derived from these games and events.
Nonetheless, you shouldn’t sit idly by while your business suffers. Instead, you should inform yourself with news from the government and health officials to determine when these events will be resumed.
Still, this can be overwhelming. To assist you throughout this process, continue reading to obtain more in-depth information.
Live Games: Mass Gatherings are Prohibited
Restricting mass gatherings is a standard quarantine method for reducing the spread of disease, with the coronavirus being no exception. As the coronavirus became public, major sports leagues were already considering playing in arenas without fans.
Now, that doesn’t even matter. Even small gatherings are outlawed in the United States. This has resulted in sports leagues reconsidering the operations of their businesses. This will have a severe impact on the business of bookies who rely on major sports and live games for revenue.
However, there are other options in regards to possible revenue opportunities.
Horse Racing News
It may seem a bit silly, but horse racing is actually a quite popular live event. Horse racing events are notorious for drawing large crowds. Obviously, this means that horse racing is off-limits for now.
No matter where you go, you likely won’t find a horse racing event. Therefore, if you are making a majority of your revenue from horse racing events, you should find something else immediately to modify your business.
Luckily, there are a lot of options for you to choose from.
Golf is a very popular game in the United States. It is played both recreationally and professionally. Fortunately, golf can be played during the coronavirus pandemic. Many golf games are played in massive, open fields.
This gives golfers enough space to play while spectators are still able to watch. Yet, there hasn’t been any official word from the PGA about any changes in their schedule. You may be able to enjoy golf games soon in the future.
With this said, you may not have to wait long for future golf games to occur.
Soccer is, without a doubt, the most popular sport in the world. It is played across the world, mainly in Asia, Africa, Europe, and South America. Millions of people watch soccer and it is also embedded within many cultures.
With mass gatherings being outlawed, soccer games may have to be postponed until adjustments are made. In the end, sports leagues may just carry on in empty arenas. This means you should be able to enjoy soccer without any future hitches.
With soccer being one of the most-watched sports in the world, you can reasonably infer that it will resume soon.
Major Sports News
Major sports leagues have suspended their seasons due to the coronavirus. The NBA has primarily paused their season to determine the best course of action moving forward. Recently, there was talk to cancel the rest of the 2019-2020 NBA season.
Now, the league reportedly has support from health officials to move forward later during the summer. This would push the start of the 2020-2021 season to late December. In any case, the NBA now joins other major sports leagues in potentially resuming their seasons.
The NFL, MLB, and UFC have given no indication that their events will be canceled. Unless no official word is given, you can expect live games of these major sports to continue as planned.
When Will Major Sports Be Ready?
Again, major sports leagues have been postponed for the time being. Here is a breakdown of the expected periods in which these leagues will resume their events.
- NBA: The NBA may resume their season during the late summer. There have been reports of the league finally having the support to continue.
- NFL: The NFL is currently in its offseason. There hasn’t been any official news of the league altering its next season.
- NCAA: The NCAA hasn’t given any indication of altering its next season.
- The MLB: The MLB recently hosted a two-day baseball event in Puerto Rico. They will likely continue on regularly with their season.
- The UFC: The UFC has events scheduled for May. There hasn’t been official news of the league altering its next season.
As you can see, the coronavirus’s impact on major sports is starting to wane. The Trump Administration made it clear that the government will eventually open up. It remains unclear when major sports leagues will resume in conjunction with government and health officials.
What to Do Now
The good news is that the government will eventually open back up. This will lessen the restrictions on massive and small gatherings. Within a few months, major sports leagues may resume their daily operations.
This is the best-case scenario considering that another coronavirus outbreak occurs. Still, you should take the necessary steps to secure your revenue streams since major sporting events just aren’t happening right now.
Therefore, you should strongly consider using a versatile sportsbook that will provide opportunities to make a lot of money. There are also other games you can take advantage of in the meantime.
Casino Games are Popular
In the meantime, you can host casino games like baccarat, slots, blackjack, and roulette. These are the most popular casino games that can potentially attract thousands of players to your sportsbook.
Fortunately, games like slots, baccarat, and roulette have an enormous house edge. This means that you will win most of the time. Ironically, many players know this and continue playing instead.
Hosting casino games is a great way to recover all of the losses you’ve sustained during the harsh effects of the coronavirus pandemic. It’s also a great way to attract a lot of players.
eSports are Very Popular
You may not believe it, but eSports are very popular in the United States. There are a lot of arenas being constructed for the purpose of hosting eSports events. Thousands of people even bet on eSports events.
If you’re looking for another revenue stream, then taking wagers for eSports events can be beneficial. For example, several players hosted an NBA 2K20 tournament event that was watched by millions of people.
This presented a huge opportunity for bookies to collect wagers and make a profit. Make sure you keep an eye out of these events to put yourself in the best position of success.
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