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By- Erik Schmidt
Many industries have been shut down to the global covid-19 pandemic; betting is one of the most affected industries.
By August of last year, most betting shops were closed due to the lockdown issued by the government worldwide. It was announced recently that the pre-tax profits fell by 91% and the betting operators are facing great struggles due to this pandemic.
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One of the great things betting industries have accomplished during this pandemic is changing betting from land-based to digital wagering. Online betting has offered better odds and features to the modern bettor and has given betting industries good profits. How does this affect betting shops? Will they stand a chance is of surviving during this pandemic? Should they give way to online betting to take over?
You have to check on online betting websites and windows of land-based bettors to understand how much they depend on professional sporting events. Sports like football, tennis, horse racing, golf, cricket, basketball, dart, and baseball stopped due to covid-19, thus greatly affecting the income of betting.
Brick and Mortar casinos are also remained closed due to this pandemic and it's also not easy to being back bettors to a land-based casino because of all the regulations that have to be followed. The online casino did not greatly suffer during this pandemic compared to the land-based casino. They saw an increase since most bettors used online casinos. To understand how massive the online betting industry has become, Wetten.com explains more. But the question is, what is the future of the betting industry post-covid-19?
The future looks bright in sports betting; some major events such as the PGA tour and English premier league have resumed despite the outbreak of covid-19. The events are taking place, although the fans are not allowed inside the venue; they have allowed online and offline bookmakers to accept bets.
There is a possibility of a second outbreak of this pandemic. So the betting industry should be ready for anything because there is a possibility of sports events being discontinued in the future. It is worth introducing casino games and eSports to online bookmakers that don't offer these services. It's a good time for land-based bookmakers to offer online sports betting as they can be asked to close again in the future.
Also Read: Why Is Online Betting So Popular In India?
Online casinos have the chance to operate despite the lockdown situation. But they can also suffer a loss since most people are out of work and can't spend their money on entertainment. Betting is always resilient, even in worse financial status, but there is no assurance that the trend continues since the world is dealing with something that has never occurred before.
The betting industry, just like any other great industry, must consider taking things step by step. Hopefully, things will get back to normal if the pandemic improves. Still, if it is the opposite, online betting websites must be ready with other alternatives for sports betting, just like casino games.
How can betting shops stay in business?
There are two things betting operators have to do to stay afloat. The first one is changing into the digital side, for that is the only option they have. Despite them changing to the digital side, they also have to find ways to help their customers switch over to mobile betting.
Operators should also create an exclusive privilege for VIP players by sectioning their shops where the VIP players can sit and enjoy extra perks. By practicing these two things, the chances of survival for the betting industry will increase.
Practices to use to maintain the betting shops.
Change the payment methods by avoiding cash, instead let the clients use banking methods, credit cards and PayPal to reduce contact with clients.
Make sure players have a proper social distance.
Ensure players spend time in one sector, and this is possible by offering games that don't require movement within the building.
Always decontaminate the building.
How will Virtual Reality Technology help the betting industry?
Gaming machines are the best to make sure that your betting business success. Terminals used in the Virtual Reality Tech allow players to enjoy slots and virtual sports using the same machine. Players feel more secure being able to bet on every game on the same device. With one machine only being used, it reduces contamination since the machine will be contaminated between players.
It's been a whole year since the pandemic began and though it's not over yet, things will get back to normal. The betting industry is not a stranger to the problems caused by the pandemic. The online betting industry is still operating and has also grown, but the retail sector has gone through economic losses. The retail sector can survive the pandemic by following the above measures.
Disclaimer: (This article is sponsored and includes some commercial links)
Sports betting has been around for centuries for the audience to not only watch the sport but to get more deeply involved in the match. It is a fun and often profitable activity for the viewer to win some extra fortune or simply get some extra sweat while watching the game. At first glance, sports betting may look like it's pure luck, but when you indulge deeper into the activity you realize it is more of a calculative and research activity than just pure luck. We must note that yes, luck does play a certain role to some extend but a win is not completely dependent on luck, if you're putting your bets on a certain team you have to make sure to do some research about the players on the team, history of wins and losses of the team and compare the probability of winning and then place bets.
Even though sports betting has existed since the ancient era, it was not until recently that it became increasingly popular among the youth. This happened due to the legalization of the activity and the rise of online sports betting. The technological revolution has expanded the sports betting industry, offering the bettors new markets and ways to bet. The only major difference between online bookmarkers and traditional brick-and-mortar venues of sports betting is that now you can place bets online from your mobile devices, laptops, computers etc.
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Online sports betting allows the sports enthusiastic bettors to place their sports bet online from wherever they are on real-life happening sports events. For instance, if there is a match between Chelsea F.C. and Machester United in the English Premier League, you can place wagers on either of the team to win from your comfort space, on your device and if you correctly predict the outcome, you'll win money.
How to Bet on Sports?
Sport betting gives more thrill and involvement in the sport to the bettor.Istockphoto
Now that you understand the basic mechanism of sports betting, how and where should you place your bets? For new bettors, sports betting can be a little intimidating because you're putting real money as stakes and no one wants to lose it. Here are the steps to place your sports bets online:
Choose a betting site: The first step to placing your sports bets is to find a reliable sports betting site. BetRivers sportsbook is one of the most popular sports betting sites in the US which also has a mobile app. It has a solid design with intuitive navigation, user friendly and polished layout.
Sign up: After choosing the website, you must sign up and provide simple details like your name, email address, age etc. to verify your proof of identity and if you're legally allowed to start betting in the state or not.
Deposit money in your online sportsbook: Once you've registered an account, you can immediately deposit some money and place your bets on the sport of your choice. Most online sports betting platforms accept numerous deposit methods. BetRivers accepts various methods like online banking, Paypal, Visa, Mastercard, pay+, etc; and withdrawing money is as simple as depositing the amount.
ALSO READ: The Growth of The Sports Betting Market
Locate the market: Before placing your first bet, pinpoint the sports you want to place bets on, then select specific competitions or leagues that interests you the most. Then you need to find a team you want to bet on. Do some research on the odds and market. Once you've made up your mind you can bet your money on your prediction.
Place your first bet: Once you're certain about your bet, you're required to enter the amount you want to bet. Most sites give you a preview of how much a bettor stands to win in the bet slip. If you're satisfied with the odds, you can happily hit the button to confirm your bet and wait for the results.
Enjoy the game: The bet has been placed, the game has started, now all you need to do is sit back, relax and watch the game and let your bet come in.
Disclaimer: (This article is sponsored and includes some commercial links)
It's a known fact that the Swedes love sport, so much so that it's estimated that half of the population is active in some kind of sport. The most popular sports played in Sweden include handball, football, athletics, and golf, followed by ice hockey, tennis, basketball, table tennis, and bandy. Swedes don't just love to play sports, they also like to bet on their favourite sport and athletes, according to bettingonlinesverige.se. Out of the many sports athletes, only a few earn the status of legend. In this article, we're going to have a look at the ones whose names are synonymous with gold medals, top scores, and record-holding achievements!
The name Zlatan Ibrahimovic has become synonymous with football. He has played with some of the most celebrated football clubs in the world, from Ajax to Inter and AC Milan, Barcelona, Paris Saint-Germain, and Man United. The Swedish superstar has scored a total of 552 goals, making him the 13th top scorer in the history of the sport according to the latest IFFHS rankings. From his first appearance on the pitch to this day, the man never disappoints.
2. Charlotte Kalla
Charlotte Kalla's glorious career as a cross-country skier is a celebrated journey of World Championship victories and Olympic medals. Her incredible ability in the sport has seen her fly from her iconic debut in the Tour de Ski back in 2008 to her Gold medal at the 2018 Olympics in Pyeongchang.
3. Victor Lindelof
The national football team's captain Victor Lindelof is a loved and celebrated sports icon, who got signed with Man United at the age of 23. His achievements have been honoured many a time both with his team and for his individual dedication to the sport. He was also given the award for best defender by the Swedish award association Fotbollsgalan in 2016 and 2019.
4. Anna Nordqvist
After winning the Ladies Professional Golf Association Championship at only 22, many thought Nordqvist's career was over, but her victorious return in 2017 at the Evian Championship after battling mononucleosis was a feat that drew a lot of admiration for her dedication to the sport.
5. Erik Karlsson
Along with Pettersson, Erik Karlsson is one of the most talented Swedish ice-hockey players, whose career has flourished as he's become not just a pivotal defense player but the alternate captain for the Californian team the San Jose Sharks. He was also awarded the James Norris Memorial Trophy twice in his career, a trophy that is awarded annually to the NHL's top defense player who shows the greatest ability in his position throughout the season.
6. Jim Gottridsson
28-year-old Jim Gottridsson is currently the highlight Swedish player in the world of handball. He's been awarded the Swedish national handball player of the year award in 2018, and the MVP twice from the Handball Bundesliga and from the European Championship. In the past eight years, his team, SG Flensburh-Handewitt in Germany, has always managed to rank in the first three positions of the league, winning in 2018 and 2019.
7. Henrik Stenson
Golf in Sweden has an incredible reputation in the women's championships, but nonetheless, that doesn't exclude the achievements in the men's championships. The contemporary definite example of this is Henrik Stenson, who is the only male to have won a major golf championship in Sweden.
8. Elias Pettersson
One of the youngest in the list, Elias Pettersson is a professional ice hockey player who plays in the NFL with the Vancouver Canucks. He was awarded the Calder Memorial Trophy that's given to the most proficient 'rookie' (first-year player) in the league by the NHL.
9. Nilla Fischer
An outspoken advocate for both LGBTQ rights and women's football, Nilla Fischer has become an icon in Sweden. From her debut with the Swedish National team back in 2001, her sportsmanship led her to win the Bundesliga and the Champions League in 2017, and in 2019, she also won the World Cup bronze.
10. Alexander Gustafsson
Alexander Gustafasson is a professional mixed martial artist who is currently competing in the heavyweight division for the Ultimate Fighting Championship, and holds a record of 18 wins and seven losses from 25 fights. In 2019, most people thought they'd never see Gustafsson again after he had retired from the MMA, but the determined fighter returned to the sport in 2020 to the delight of many Swedish fans.
keywords: Sweden Athletes, Swedish, Bundesliga, Champions League, Henrik Stenson, Elias Pettersson
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Finland is a country known for their love of sports and physical activity. Over the years, several Finnish athletes have enjoyed international success. According to suomiveikkaus.com, after their love of sports, Finns are also known to enjoy betting on sports. Out of hundreds of athletes, here's our list of top Finnish athletes and betting favourites for Finnish sports betting fans.
Teemu Pukki is one of the best footballers in 2021 who plays as a striker for Norwich City. Since he joined the club in 2018, Pukki has scored 29 goals in the league for his team and helped his team to get promoted to the Premier League. He was even named the EFL Championship Player of the Season and was awarded the golden boot.
Another talented football player, Lukáš Hrádecký is the goalkeeper for the Bundesliga club Bayer Leverkusen. His incredible ability to block the ball put him in the spotlight as one of the best keepers in the 2020 Euros, both for his ability and his unique style. There's no doubt that he was a central part of the Finnish national football team when they qualified for the first time for the 2020 UEFA European Championships.
Iivo Niskanen is considered to be one of the best cross-country skiers in the world today and not just in Finland. The two-time Olympic champion has consistently shown an uparalleled level of energy and dedication. According to the International Ski Federation, Niskanen ranked fourth in the world ranking of cross-country skiers and has won several bronze and gold medals both in the Olympics and the World Championships.
After an interesting career change from locksmith to pesapallo player, Toni Kohonen is known as one of the top pesapallo (or baseball) players today. He plays for Kouvola Ballbooters and has won an astounding 10 Finnish Championships. Named Baseball Player of the Year three times, there's no doubt he will keep adding to his collection of medals and awards.
Patrik Laine is a familiar name to any ice hockey fan, being one of the most successful and young players in his field. The young 23-year old was the second pick in the 2016 NHL draft and was highlighted as the IIHF World Championship's most valuable player in the same year. 2019-2020 was an even stronger season for Laine where he scored two goals for the Jets in the opening game in the season.
The captain of the NHL's Florida Panthers is another well-known ice hockey player and one of the best defensive forwards in ice hockey. Barkov was awarded the Frank J.Selke Trophy in 2021 after another stellar season in 2020-2021 when he led the Panthers to victory with 26 goals. The young athlete has been unstoppable since the start of his career, scoring at least 52 in the last six seasons he played in.
Henri Laaksonen is a Swiss-Finnish tennis player who has been playing since he was just three years old. At the young age of 16, Laaksonen was already named the European champion in the under-16 category. Fast forward to 2021, Laaksonen won the 2021 French Open match against Roberto Bautista Agut.
Enni Rukajärvi is a Finnish professional snowboarder and the first ever female to win the X Games Slopestyle in 2011. And if that wasn't already impressive, she's also the first Finnish female to win a medal at the X Games.
Nina Chydenius is a Finnish runner representing Gamlakarleby IF. The lightning-fast endurance runner won gold in the Kaleva Games and bronze in the Tampere 5000 meters in 2021. At the peak of her career Chydenius ranked third in the Nordic Champions (10,000 meters).
10. Ella Junnila
Ella Junnila is a 22-year old Finnish high jumper who represented Finland in the 2018 Athletics Championships. The following year, Junnila won bronze at the European Athletics U23 Championships. She also set a new Finnish record at 194cm at the Paavo Nurmi Games, making her one of the top high jumpers in Finland.
keywords: Finland, European Athletics, U23 Championships, Athletics Championships, Finnish, Norwich