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Author Topic: CORONAVIRUS IMPACT ON SPORTS GAMBLING  (Read 4162 times)
FontSeli
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June 28, 2020, 07:38:16 PM
 #541



But what to do if the result of the match exceeded all expectations and the bookmaker suffered losses. However, the game was fair. In this case, the bookmaker can declare the match as a contract and refuse to pay the bets.

How can those who placed bets get their winnings?

That is an issue and tricky situation that can happen. I guess that bookmaker can make the decision according to his estimation, however if he wants to keep the business he should play fair. Unfortunately, frauds in sports are also very often and that makes situation even more difficult.

I know that every bookmaker has a reputation. And they value their users ' feedback. However, if they have the right to question the integrity of the matches they have played, they may well, if necessary, question the integrity of the matches that ended with great damage to the bookmaker.
"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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June 28, 2020, 09:37:05 PM
 #542

We are close to finding the cure for the coronavirus. China has already received the go-ahead for testing its large-scale phase 3 vaccine in the UAE.
Which shows good hope for overcoming this pandemic.
While so many of us must settle for games without fans. Until the final cure arrives.


I hope we really are. It will still take some time even the vaccine was invented or found. The release of the vaccine to other countries might take a while but I do hope that we can find quickly the vaccine. I am so excited to watch a game again and bet on it. We should be seeing the playoffs now of NBA, that virus is really annoying.

A vaccine can really take a lot of time, in particular testing it. But I'm not sure that we have this time.
The virus is not static, it is able to mutate, which means that while the vaccine is being prepared, there is a danger of a new strain of the virus, which will lead to the need to develop a new vaccine.
The question is whether we had enough of that time while restrictive measures continued to create a full-fledged medicine.

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June 29, 2020, 10:02:10 AM
 #543

Yes we have to face, I agree. I would prefer to be better prepared than be ignorant and I hope the masses agree.

thank you for agreeing with me... ( ͡~ ͜ʖ ͡°)
my husband felt the impact of this outbreak, he was dismissed from the hotel where he worked, later last week the former hotel my husband worked closed operating. I understand that this kind of situation is inevitable but if we continue to hide from this virus then our family will starve, let's face this virus, we should be able to carry out activities as usual but still have to follow the health protocol.



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Rainbot
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June 29, 2020, 11:38:49 AM
 #544

We are close to finding the cure for the coronavirus. China has already received the go-ahead for testing its large-scale phase 3 vaccine in the UAE.
Which shows good hope for overcoming this pandemic.
While so many of us must settle for games without fans. Until the final cure arrives.


I hope we really are. It will still take some time even the vaccine was invented or found. The release of the vaccine to other countries might take a while but I do hope that we can find quickly the vaccine. I am so excited to watch a game again and bet on it. We should be seeing the playoffs now of NBA, that virus is really annoying.

A vaccine can really take a lot of time, in particular testing it. But I'm not sure that we have this time.
The virus is not static, it is able to mutate, which means that while the vaccine is being prepared, there is a danger of a new strain of the virus, which will lead to the need to develop a new vaccine.
The question is whether we had enough of that time while restrictive measures continued to create a full-fledged medicine.

We know it would take time to develop but at least we should know when it will be release since we can't just keep guessing and hoping, we are facing a serious problem and with that we need a serious solution. I believe sports operators or organization knows that there's no vaccine this year and they can't wait until that time will come, they need to resume the business as it's not only for them but all the people that would benefit on it, although we can say that there's a risk in doing it.

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June 29, 2020, 03:00:42 PM
 #545

We are close to finding the cure for the coronavirus. China has already received the go-ahead for testing its large-scale phase 3 vaccine in the UAE.
Which shows good hope for overcoming this pandemic.
While so many of us must settle for games without fans. Until the final cure arrives.


I hope we really are. It will still take some time even the vaccine was invented or found. The release of the vaccine to other countries might take a while but I do hope that we can find quickly the vaccine. I am so excited to watch a game again and bet on it. We should be seeing the playoffs now of NBA, that virus is really annoying.

A vaccine can really take a lot of time, in particular testing it. But I'm not sure that we have this time.
The virus is not static, it is able to mutate, which means that while the vaccine is being prepared, there is a danger of a new strain of the virus, which will lead to the need to develop a new vaccine.
The question is whether we had enough of that time while restrictive measures continued to create a full-fledged medicine.
The truth is that we are between a rock and hard place, scientists need to develop the vaccine as soon as possible not only to save as many lives as they can but also to avoid the scenario you are alluding of the virus mutating and maybe becoming even more lethal in the process, but at the same time they cannot really rush it because if they do and then we find out the vaccine had something wrong they could do even more damage than the virus itself and people may lose faith in vaccines just when we need their cooperation the most.

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June 30, 2020, 02:45:18 AM
 #546

The truth is that we are between a rock and hard place, scientists need to develop the vaccine as soon as possible not only to save as many lives as they can but also to avoid the scenario you are alluding of the virus mutating and maybe becoming even more lethal in the process, but at the same time they cannot really rush it because if they do and then we find out the vaccine had something wrong they could do even more damage than the virus itself and people may lose faith in vaccines just when we need their cooperation the most.

The virus mutating will be the next dangerous thing that I hope will not happen, although we don't know if that will happen or not. But I pray the virus is not mutating into a new virus which can attack more people in a large number than Covid-19. The scientist already works hard to find the virus by testing many things before they can get the right vaccine.

We can only hope that the vaccine can be discovered as soon as possible, and if the vaccine can release to the public, we hope that it can cure the infected people. If many people can be saved, we will see all activities outdoor will start again, and for the sports game, it will face a new look that will be different than before. Sports gambling or betting will also not be the same, but perhaps, online sports betting will be the same because people can still place a bet from home.
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June 30, 2020, 04:46:07 PM
 #547

The truth is that we are between a rock and hard place, scientists need to develop the vaccine as soon as possible not only to save as many lives as they can but also to avoid the scenario you are alluding of the virus mutating and maybe becoming even more lethal in the process, but at the same time they cannot really rush it because if they do and then we find out the vaccine had something wrong they could do even more damage than the virus itself and people may lose faith in vaccines just when we need their cooperation the most.

I don’t think that people lose faith in vaccines while we have scientists who keep official statistics on how much benefit the vaccines brought and how they prolonged human life and reduced infant mortality at an early age.
The vaccine is a rather dubious thing, you need to understand that the virus mutates in any case, sooner or later, as it mutated before the first infection. Nevertheless, we must protect ourselves from it. Medicine does not stand still, which means that one day we will invent such a medicine that will be able to fight any disease, it is important that humanity survives to this time and does not destroy itself.

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June 30, 2020, 07:27:19 PM
 #548

If the bookmakers did not have such a right that protects them from dishonest matches, then all legal bookmakers would go bankrupt for a long time. There is a lot of situations where fraud (in sports) is obvious, but it is unrealistic to prove collusion. These rules help bookmakers protect their business.

But what to do if the result of the match exceeded all expectations and the bookmaker suffered losses. However, the game was fair. In this case, the bookmaker can declare the match as a contract and refuse to pay the bets.

How can those who placed bets get their winnings?

In reputable bookmakers, this does not happen. Firstly, there is a limit on the maximum amount of winnings and the office controls that at any outcome of the match this amount should not be exceeded. Secondly, the mathematics of this business is such that for any outcome, the office is always in profit (on average).

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June 30, 2020, 08:14:49 PM
 #549

Various bookmakers have various ways of calculating and arranging odds, some will always be more than others. I am interested in exactly how much the lock down has been affecting regular and occasional game players and if there are any statsistics available to shows betting patterns associated with them.

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June 30, 2020, 08:19:48 PM
 #550

If the bookmakers did not have such a right that protects them from dishonest matches, then all legal bookmakers would go bankrupt for a long time. There is a lot of situations where fraud (in sports) is obvious, but it is unrealistic to prove collusion. These rules help bookmakers protect their business.

But what to do if the result of the match exceeded all expectations and the bookmaker suffered losses. However, the game was fair. In this case, the bookmaker can declare the match as a contract and refuse to pay the bets.

How can those who placed bets get their winnings?

In reputable bookmakers, this does not happen. Firstly, there is a limit on the maximum amount of winnings and the office controls that at any outcome of the match this amount should not be exceeded. Secondly, the mathematics of this business is such that for any outcome, the office is always in profit (on average).

It's the limit that is their key to be profitable, gamblers don't literally bet against the house here, sportsbook are different from other kind of games, bettors are betting against bettors, sportsbook are just facilitating the bets will get the juice or commission. Maybe at some point they would also take the bet if they are too confident but most of the time they'll try to balance out so they would also end up profitable on a daily basis. I also think they can at any time forward our bet to other sportsbook just for the sake of matching the bets on opposing sidies since it's bad for a sportsbook with a very low limit, that wouldn't attract bettors a lot.

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June 30, 2020, 11:14:21 PM
 #551

If the bookmakers did not have such a right that protects them from dishonest matches, then all legal bookmakers would go bankrupt for a long time. There is a lot of situations where fraud (in sports) is obvious, but it is unrealistic to prove collusion. These rules help bookmakers protect their business.

But what to do if the result of the match exceeded all expectations and the bookmaker suffered losses. However, the game was fair. In this case, the bookmaker can declare the match as a contract and refuse to pay the bets.

How can those who placed bets get their winnings?

In reputable bookmakers, this does not happen. Firstly, there is a limit on the maximum amount of winnings and the office controls that at any outcome of the match this amount should not be exceeded. Secondly, the mathematics of this business is such that for any outcome, the office is always in profit (on average).

Most likely it is and your words are true. What I wrote about can happen very rarely. However, I am confused by the fact that a bookmaker can declare the results of any match invalid and return bets to participants. And to do this, he does not need the match to be officially declared invalid due to players fraud.
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June 30, 2020, 11:23:14 PM
 #552

We are close to finding the cure for the coronavirus. China has already received the go-ahead for testing its large-scale phase 3 vaccine in the UAE.
Which shows good hope for overcoming this pandemic.
While so many of us must settle for games without fans. Until the final cure arrives.


I hope we really are. It will still take some time even the vaccine was invented or found. The release of the vaccine to other countries might take a while but I do hope that we can find quickly the vaccine. I am so excited to watch a game again and bet on it. We should be seeing the playoffs now of NBA, that virus is really annoying.

A vaccine can really take a lot of time, in particular testing it. But I'm not sure that we have this time.
The virus is not static, it is able to mutate, which means that while the vaccine is being prepared, there is a danger of a new strain of the virus, which will lead to the need to develop a new vaccine.
The question is whether we had enough of that time while restrictive measures continued to create a full-fledged medicine.

That would be a disaster. People are actually having a hard time to survive the first wave, how much more if we will be having the second wave. Some people thought that what we have right now is the second wave but as far as I know, we are still in the first wave, that is why I hope 2nd wave doesn't happen anymore. Though medical personnel should be ready for this does or it doesn't happen. That would also mean more delays and cancellations of games again.

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June 30, 2020, 11:50:08 PM
 #553

That would be a disaster. People are actually having a hard time to survive the first wave, how much more if we will be having the second wave. Some people thought that what we have right now is the second wave but as far as I know, we are still in the first wave, that is why I hope 2nd wave doesn't happen anymore. Though medical personnel should be ready for this does or it doesn't happen. That would also mean more delays and cancellations of games again.

Im sick of hearing bout this 2nd wave of corona virus spread, and I'm also sick of seeing this statistics about how many people have been inflicted already. I came to my own beliefs that this pandemic is fake and overhyped. I mean, we have like a hundreds of corona positive locally, and non of them is critically ill and like 90% are asymptomatic. Thus, crippling all the business establishments.
Anyway, the NBA will be resuming soon and I can't wait for it to bet on my favorite teams.

R


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June 30, 2020, 11:59:19 PM
 #554



That would be a disaster. People are actually having a hard time to survive the first wave, how much more if we will be having the second wave. Some people thought that what we have right now is the second wave but as far as I know, we are still in the first wave, that is why I hope 2nd wave doesn't happen anymore. Though medical personnel should be ready for this does or it doesn't happen. That would also mean more delays and cancellations of games again.

It is very difficult to determine the second wave of infection or the first. According to information from our city hospitals, there were several cases when people who were sick with coronavirus were admitted again after a few weeks.
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July 01, 2020, 01:55:14 AM
 #555

That would be a disaster. People are actually having a hard time to survive the first wave, how much more if we will be having the second wave. Some people thought that what we have right now is the second wave but as far as I know, we are still in the first wave, that is why I hope 2nd wave doesn't happen anymore. Though medical personnel should be ready for this does or it doesn't happen. That would also mean more delays and cancellations of games again.

Im sick of hearing bout this 2nd wave of corona virus spread, and I'm also sick of seeing this statistics about how many people have been inflicted already. I came to my own beliefs that this pandemic is fake and overhyped. I mean, we have like a hundreds of corona positive locally, and non of them is critically ill and like 90% are asymptomatic. Thus, crippling all the business establishments.
Anyway, the NBA will be resuming soon and I can't wait for it to bet on my favorite teams.

That is what will happen if people still not care about their health. You can see at your around, many people are disobeying the rule to wear masks while they are in the public area. And if that is happening too in the stadium, and there are one or two people who are a carrier, we can imagine how many people will be infected the virus without asymptomatic. And when they go home, they can also infect other people, and it will spread to many people.

That is a fact which happens in many countries, and the government with the local authority still tries to remind their people. And I hope the sports event will do the same.
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July 01, 2020, 02:08:44 AM
 #556

I came to my own beliefs that this pandemic is fake and overhyped. I mean, we have like a hundreds of corona positive locally, and non of them is critically ill and like 90% are asymptomatic.

So sad there are people who considered this pandemic as "fake" and "overhyped". Surely you are living in a comfortable life and don't have a friends or just a known person who infected with the virus. I knew around 10 people personally who got infected with the virus and 2 of them already died because they already have an existing medical condition and with Covid-19 entering their body, there is a complication.

Yes, 90% are asymptomatic but when this 90% associated with people who have the pre-medical conditions, that's where the problem will start. So even if you feel healthy, don't be selfish and still follow the health protocol.

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July 01, 2020, 02:18:27 AM
 #557

Well yes pandemic really became the reason for sporting events to stop. Most probably sports that has physical contact like basketball and other team sports. We are really in a bad situation now especially to those in the likes of me having fun playing badminton.

I cannot find also sports without physical contact even mind games like chess still violates the physical contact though it could be done online yet it is still better when one can see your opponent with their reactions evrytime you move especially when you can outsmart him/her.

Life so boring now. The minimal thing that i can still be happy is through esports that means resorting to gambling. Gambling is fun but I consider it just for pass time and not really means for living. It will be a different story. Well pandemic really introduces the esports now and probably the world of sports will probably change to esports in the future..
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July 01, 2020, 05:57:10 AM
 #558

Well yes pandemic really became the reason for sporting events to stop. Most probably sports that has physical contact like basketball and other team sports. We are really in a bad situation now especially to those in the likes of me having fun playing badminton.

I cannot find also sports without physical contact even mind games like chess still violates the physical contact though it could be done online yet it is still better when one can see your opponent with their reactions evrytime you move especially when you can outsmart him/her.

Life so boring now. The minimal thing that i can still be happy is through esports that means resorting to gambling. Gambling is fun but I consider it just for pass time and not really means for living. It will be a different story. Well pandemic really introduces the esports now and probably the world of sports will probably change to esports in the future..
The same goes for those of you who are also sports enthusiasts. In any case, in the situation up to now, the prohibitions cannot be compelled. As it turned out to be here, after a month we were COVID-free. Recently, sad news broke out because there were positive cases here again due to people returning from areas with positive cases. And now, many are infected with the virus.

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July 01, 2020, 07:48:06 AM
 #559


That is what will happen if people still not care about their health. You can see at your around, many people are disobeying the rule to wear masks while they are in the public area. And if that is happening too in the stadium, and there are one or two people who are a carrier, we can imagine how many people will be infected the virus without asymptomatic. And when they go home, they can also infect other people, and it will spread to many people.

That is a fact which happens in many countries, and the government with the local authority still tries to remind their people. And I hope the sports event will do the same.

Well, although I have mentioned I made my own beliefs towards the reality of this pandemic, but I wasn't breaking any rules and guidelines that my local government imposed.
Anyway, sports events have their own set of guidelines and I guess majority of them doesn't allow spectators or crowds inside the gym/facility. So, everything will be televised or be watched online. Though, the set up in the gym sounds boring for the athletes, but thats the least they can do to revive the business.

R


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July 01, 2020, 09:09:07 AM
 #560

Does anybody have any links to statistics about gambling patterns from people under the lock down or being affected by the pandemic?

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