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Author Topic: COVID-19 and its effect in Gambling World  (Read 2103 times)
Asuspawer09
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March 10, 2020, 05:25:43 PM
 #101

We all know that there is a virus outbreak named COVID-19 and it's spreading quickly throughout the entire globe. Though preventive and and can be somehow cured and be reduced by healing the specific symptoms one-by-one (based on Is there a cure for the new coronavirus? by Stephanie Pappas), there are still numerous cases in which would affect soon every single person on the planet.

Currently, there are 106,195 confirmed cases in which 42,405 cases that are active and almost 3,600 confirmed deaths around the world. COVID-19 can be passed in a lot of different ways, more likely to be through physical contact. And it is obvious that most gambling (especially physical casinos) were bombarded with strangers that aren't that assured if do have the disease or not, and has a high chance where many physical contact occurs (like passing of bank notes and bets).

Recently, there was an article titled South Korea burns, quarantines bank notes as Covid-19 rages in which its states that one of South Korea's preventive measures is they've seen that, it is a risk and a huge possible that bank notes can carry the virus and with the papers being passed through the economy is also an implicit transmitting of the virus.

But then think of it. The casino is a common and usual place where people do often make contact not only by oral communication but also with touching banknotes, casino coins, and even dices and other things used in betting. Therefore, there is a huge chance that COVID-19 would drastically decrease the physical gambling and do somehow can change gamblers' physical gambling onto the digital one. And with that, it can somehow increase the community of overall cryptocurrency.
I think we could all agree with that. Besides online gambling is already a thing these days with the use of cryptocurrency the online gambling continues to become popular this day.
Plus with this virus, the use of online gambling might be an alternative to physical gambling where you needed to physically play the gambling games with the other, where you might be infected with the virus.
With online gambling, we could prevent the transmissions of the virus to the other people and at the same time maximize the time in gambling online other than going in a casino or something.

Also, the cryptocurrency might be the best alternative for money since there are rumors where the virus could be transmitted in physical money.

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March 10, 2020, 05:43:57 PM
 #102

I doubt it is having any affect on online gambling since you are not interacting with any people at all and you are gambling through your monitor so it is totally fine. However, when it comes to real life casinos that must be a bit trickier to consider.

On one hand you are saying that people do not worry about virus when they are gambling because lets be honest if you are going to Vegas and gambling there you are having such a thrill and adrenaline rush that virus is the last thing you are worrying about and a true gambler knows that a virus that kills only 2% of the people who are infected are not really that much of a deal and 16 thousand infected among 400 million population means it is a low chance you will get it. On the other hand you say lower odd jackpots have been hit so why risk it? So, I know online is fine but I am not entirely sure about the brick and mortar ones.

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March 10, 2020, 06:30:32 PM
 #103

It will, for one, definitely going to impair the gambling scene for a while before it gets into fully operational again once the vaccine for the virus is out. Physical gambling houses are susceptible for fast transmission of the virus causing it to spread at an unprecedented rate, therefore closing them down in the mean time is the most logical thing to do. Macau and HK and Singapore would be the ones who will be affected the most, that's for damn sure. Whereas Vegas would still be fully operational until further notice. Even though SARS-CoV-2 isn't as deadly as its 2 predecessors, knowing the demographics of those who gamble, it's really better to limit the amount of hours the gambling houses are open or just close them for the mean time.
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March 10, 2020, 07:52:05 PM
 #104

The fact is, with such an outbreak in the world (or maybe a big hoax being spread by the media), either way people are stretching out money from both their banks and crypto just to get tested for this virus. While it's true that many patients are almost being tested and even treated for free, you can't deny the fact that some people are being charged a fortune worth $3k-$4k just to have a COVID-19 test conducted on them and the treatment bills are a surprise package if you are found with and get your treatment started for this virus. I agree that physical appearance of people in casinos may have got drastically impacted and the businesses have been hit badly due to this, but I have seen no such news on the increase in the number of people going digital in terms of gambling as everyone is currently trying to stay safe and fight this virus at their best with a face mask, washing hands carefully and avoiding direct contact with infected people or people who have cough, fever or pneumonia.

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March 10, 2020, 11:15:30 PM
 #105

While it's true that many patients are almost being tested and even treated for free, you can't deny the fact that some people are being charged a fortune worth $3k-$4k just to have a COVID-19 test conducted on them and the treatment bills are a surprise package if you are found with and get your treatment started for this virus.

Can you share some sources here about that?

For testing suspected patients, it's always free of charge as it's a mandatory and necessary thing to do by each country's health department to ensure that as much as possible they will able to lock down all infected people in an isolated area to prevent further virus spread.

If that's true that people will pay for a test, I doubt many will undergo with it as the price you mentioned is insane and not afford by anyone.
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March 10, 2020, 11:22:33 PM
 #106

your right sir, this would make crypto currency a better alternative for physical gambling to non contact or just playing online gambling and would make it more profitable for them besides, players can just play at home with a cup of coffee instead of driving to a casino that make them prone to virus, this would be also a great opportunity, for digital currency to be push to public also for their own safety.

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March 11, 2020, 10:17:08 AM
 #107

your right sir, this would make crypto currency a better alternative for physical gambling to non contact or just playing online gambling and would make it more profitable for them besides, players can just play at home with a cup of coffee instead of driving to a casino that make them prone to virus, this would be also a great opportunity, for digital currency to be push to public also for their own safety.

Maybe that can be the way for gamblers to still playing gambling using crypto. Besides that, maybe we will see another news from the country that will finally accept crypto to be used as the payment solution because we can make an order to buy something and pay with crypto. With staying in their home, they actually can do many things with their family. That can help them to think about what they need to do to reduce their time in gambling.

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March 11, 2020, 11:11:35 AM
 #108


That's what I said. Because people won't go out for the COVID-19. So they will gamble online at home. This will bring more online gamblers. Since people don't have to go out in the crowd, they will be more likely to come online gambling. This is Advantage for online gambling sites.

Redundancy at it's finest... To generalize the post "Due to Covid-19, Online gambling is the best option"



-snip

If that's true that people will pay for a test, I doubt many will undergo with it as the price you mentioned is insane and not afford by anyone.

I know some nurse who works for a private hospitals (Philippines), and I found out that there are some inconsistency on the process. Some of these hospitals, offer Free test but some they don't. However, the Free has only inclusions and limited only some test (not a fully COVID-19 standard test). Once, confirmed these private hospitals will transfer the patient to a Government Hospital and a signed waiver is included with it (Typical medical practice of a hospital, I guess).
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March 11, 2020, 12:39:14 PM
 #109

I know some nurse who works for a private hospitals (Philippines), and I found out that there are some inconsistency on the process. Some of these hospitals, offer Free test but some they don't. However, the Free has only inclusions and limited only some test (not a fully COVID-19 standard test). Once, confirmed these private hospitals will transfer the patient to a Government Hospital and a signed waiver is included with it (Typical medical practice of a hospital, I guess).


They need to improve their testing and make sure its accurate,  otherwise, the report shown would be understated and there is a big risk that there are people who are already infected but are still free going in public places, this way the disease will spread easily and the more people will panic.

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March 11, 2020, 01:01:34 PM
 #110

sports matches should be stopped according to me , this events where there will be mass gathering spread of corona virus will be fast and can affect many people in short period of time and if this many people get affected then it could spread to many people , so according to me sports events should be avoided in countries where this virus is more
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March 11, 2020, 01:23:21 PM
 #111

Already affected. I think offline casinos have more affected than online casinos. Because people don't want to go to the crowd anymore. We all know the amount of crowds at offline casinos. So everyone wants to be at a safe distance from the crowd. So people are no longer interested in going to offline casinos. I think here is more chance for online casinos. 
Offline gambling will be more affected here compare to online gambling. You've stated it already that when it comes to casinos, many people are going there making the casino crowded always and it increases the chances of them to get infected. A single host of virus can affect many people in just one night so with what is happening right now, the revenue of casinos will surely go down.

Compared to the online gamblers, there's more online gamblers than casino goers so definitely it would not affect a lot on the overall gambling industry.
Nowadays that the trend is online gambling and we can gambler through our pc and phone, for sure people are not worried about this as if they can't go to a physical casino, there's always another alternative which is the online casino.
Because of less hassle, gamblers will just choose to gamble online rather than going to a nearby casino which is more hassle to them.
Online gambling is already a trend as you said and most of the gamblers right now have access to the internet already so they will just open their phone and deposit their money in the site and they are good to go.

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March 11, 2020, 01:32:25 PM
 #112

sports matches should be stopped according to me , this events where there will be mass gathering spread of corona virus will be fast and can affect many people in short period of time and if this many people get affected then it could spread to many people , so according to me sports events should be avoided in countries where this virus is more

In Italy, initially they tried playing the matches in closed stadiums (i.e without any audience). But later, the authorities decided to postpone or cancel all the matches. It will definitely cause a lot of financial loss and may create economic burnout. But still, it is better than having thousands die from the virus, similar to what happened in China and Italy. This year is going to be very difficult for sports industry as a whole.
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March 11, 2020, 06:26:54 PM
 #113

Seems IPL matches is also going to get affected due to corona outbreak since it has been announce pandemic disease where there is lot of money involves in betting every year.So yes it is affecting the whole world even we might see no one entering casinos in near future until this outbreak will be under control.
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March 11, 2020, 08:23:44 PM
 #114

Now i have to stay home ,so basically im gambling again because of the corona  Grin
i'm not sick  Tongue
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March 11, 2020, 11:09:10 PM
 #115

Compared to the online gamblers, there's more online gamblers than casino goers so definitely it would not affect a lot on the overall gambling industry.
Nowadays that the trend is online gambling and we can gambler through our pc and phone, for sure people are not worried about this as if they can't go to a physical casino, there's always another alternative which is the online casino.
If you are sports gambler then there is a big difference as some of the high stakes matches will be cancelled because of the issues that we are going through globally and things are getting serious as the disease is spreading faster and you need to take precautions to avoid the spread. I never thought it will be a huge problem earlier but now things are changing and until the virus is not quarantined then i am not willing to spend time in a crowded place.
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March 12, 2020, 02:04:32 AM
 #116

. Therefore, there is a huge chance that COVID-19 would drastically decrease the physical gambling and do somehow can change gamblers' physical gambling onto digital one. And with that, it can somehow increase the community of overall cryptocurrency.

That would likely be the scenario, those who are much into gambling casinos will have to take a break and try online gambling for a change and this will have a good effect in the online gambling be it a Cryptocurrency based or not gambling casinos, and there's a possibility of introduction to online Cryptocurrency casino, that's one of the positive effect in the industry.

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March 12, 2020, 05:08:32 AM
 #117

Seems IPL matches is also going to get affected due to corona outbreak since it has been announce pandemic disease where there is lot of money involves in betting every year.So yes it is affecting the whole world even we might see no one entering casinos in near future until this outbreak will be under control.

I do not think the matches will be postponed, I think they will happen without any spectators in the stadium. A huge amount of money has already been invested and BCCI President has already declined that IPL will be cancelled or postponed due to the virus outbreak.

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March 12, 2020, 09:42:04 AM
 #118

Now i have to stay home ,so basically im gambling again because of the corona  Grin
i'm not sick  Tongue
Great, enjoy, we will all stay at home because we are scared that we will be infected on the corona virus, if person like Gobert and Tom Hanks are infected, how much more an ordinary people like us, we have to be careful as this is a deadly virus, so chill at home, gamble all you want and enjoy the break.

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March 12, 2020, 10:20:13 AM
 #119

Now i have to stay home ,so basically im gambling again because of the corona  Grin
i'm not sick  Tongue
Great, enjoy, we will all stay at home because we are scared that we will be infected on the corona virus, if person like Gobert and Tom Hanks are infected, how much more an ordinary people like us, we have to be careful as this is a deadly virus, so chill at home, gamble all you want and enjoy the break.

When it comes to viruses or any illness theres no such thing for it to depend on whose gonna be affected or not due to its popularity or fame.All humans can be affected
no matter what state of living you do have.Those people had just been known since they are actors and known players but overall, all of us are prone to this virus
and this doesnt only affect this sector or area but lots of.



Compared to the online gamblers, there's more online gamblers than casino goers so definitely it would not affect a lot on the overall gambling industry.
Nowadays that the trend is online gambling and we can gambler through our pc and phone, for sure people are not worried about this as if they can't go to a physical casino, there's always another alternative which is the online casino.
If you are sports gambler then there is a big difference as some of the high stakes matches will be cancelled because of the issues that we are going through globally and things are getting serious as the disease is spreading faster and you need to take precautions to avoid the spread. I never thought it will be a huge problem earlier but now things are changing and until the virus is not quarantined then i am not willing to spend time in a crowded place.
I didnt even expect for this epidemic to become huge and serious and of course we would really avoid those crowded places to make ourselves safe from it.
No one will really like to be infected or some sort of yet we know on what are the risk.

Seems IPL matches is also going to get affected due to corona outbreak since it has been announce pandemic disease where there is lot of money involves in betting every year.So yes it is affecting the whole world even we might see no one entering casinos in near future until this outbreak will be under control.

I do not think the matches will be postponed, I think they will happen without any spectators in the stadium. A huge amount of money has already been invested and BCCI President has already declined that IPL will be cancelled or postponed due to the virus outbreak.
We cant say that it wont be postponed yet we've already seen currently on whose been affected and games or events that had been postponed due to this.

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March 12, 2020, 10:32:39 AM
 #120

The effect of COVID-19 to the gambling world is really drastic. Not only did it affect the real-life casinos in terms of gamblers and money, it also affects the online gambling world. Right now, we have heard of news that NBA games are already cancelled indefinitely. This means NBA online sports bettors are going to have a hiatus as well. I think this will worsen and affect other sports such as baseball, soccer, tennis, etc in the coming days.
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