Coronavirus and gambling in football
I was thinking, with the sports (football and horse racing) that account for 75% of the UK sports betting market postponed pretty much across the board, could this finally be when the bubble bursts?
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I was thinking, with the sports (football and horse racing) that account for 75% of the UK sports betting market postponed pretty much across the board, could this finally be when the bubble bursts?
Comments
I don't think betting is much of an inflated bubble. They make an absolute fortune in profits. The house always wins.
Damn. Now I understand my mistake over all these years. I kept on backing the maisonette....
I was more thinking along the lines of the lack of presence subconsciously turning people away from it, but I'm probably being overly optimistic. Months and months of no sport could hurt the smaller bookies, though?
A couple of friends who regularly spend their ill gotten gains in the betting shops have now opened on line accounts. Long term, I think betting on line is more dangerous as you are not actually handing over crisp notes so don't notice the cash disappearing so much.
There is still plenty to bet on including racing from America, South Africa and Hong Kong etc. Greyhounds, virtual horse racing (Grand National tomorrow), plus slot machines etc. There is probably even some dodgy bookmaker offering odds on the date lockdown ends!
Bookies will always find something for you to lay out your hard earned on.
As most of you know I work for a high street bookmaker. In the first week after the total lockdown was announced, we actually took more in online casino games than we had been in shop, obviously people are using their time and money unwisely!!
And whilst sports betting was understandably down it wasn’t as catastrophic as one might imagine, clearly the Belarus Premier League was attractive to some.