Online gambling sites are starting to place bets on how the corona virus will spread

Now that major sporting events and leagues around the world have closed, online gambling sites have started betting on the spread of COVID-19 to try to make up for the lost revenue.

Online gambling sites are starting to place bets on how the coronavirus will spread as professional sports leagues close, struggling to make up for lost revenue

  • Some online gambling sites have started betting on the spread of COVID-19
  • Sites in Russia will place bets on city outages, toilet paper shortages and more
  • The estimated loss of earnings from the closing of a sports league could be $ 43.5 billion
  • Coronavirus symptoms: what are they and should you see a doctor?

Since most major professional sports organizations have halted or suspended their seasons due to the COVID-19 pandemic, Top Casino Bonuses online gambling companies have struggled to find new things to bet on.

Some have decided to bet on the COVID-19 pandemic itself.

Two Russian online gambling sites, Betcity and PariMatch, have opened new sections dedicated to COVID-19, which treat the pandemic as if it were a sports competition in itself.

Now that major sporting events and leagues around the world have closed, online gambling sites have started betting on the spread of COVID-19 to try to make up for the lost revenue.

Now that major sporting events and leagues around the world have closed, online gambling sites have started betting on the spread of COVID-19 to try to make up for the lost revenue.

Some of the bets on offer relate to the likelihood of a vaccine being developed and the date on which Moscow can be closed due to the spread of the virus.

They also offer opportunities for whether there is a shortage of toilet paper or buckwheat, a Russian staple, according to one report in the Moscow Times.

“There are no competitions, so bookmakers had to come up with something,” journalist Pyotr Kondakov sadly gambled in an interview. “We had to adjust because this cannot be circumvented.”

A number of online gambling stores in the US had to be equally creative to withhold income during the COVID-19 pandemic.

According to American Gaming Association estimates, online gambling sites could lose as much as $ 43.5 billion in sports loss earnings.

Russian gambling sites don't take bets on whether Moscow will be formally shut down, whether the toilet paper shortage will become widespread, and more

Russian gambling sites don't take bets on whether Moscow will be formally shut down, whether the toilet paper shortage will become widespread, and more

Russian gambling sites don’t take bets on whether Moscow will be formally shut down, whether the toilet paper shortage will become widespread, and more

David Strauss of gambling site Mybookie.ag estimates that about 95 percent of the company’s income comes from professional sports betting.

Without those reliable sources of income, they’ve moved on to more unusual cheats, including Ukrainian table tennis, running simulated games in video games like NBA 2K and Madden NFL, and even what the weather will look like the next day.

“We have weather bets,” Strauss told CNY Central.

“We bet we’ll just go city by city and place over-under bets on what the weather will be that day.”

COVID-19 shutdowns have devastated the entire gambling industry, with widespread casino closings in Las Vegas and waves of layoffs

COVID-19 shutdowns have devastated the entire gambling industry, with widespread casino closings in Las Vegas and waves of layoffs

COVID-19 shutdowns have devastated the entire gambling industry, with widespread casino closings in Las Vegas and waves of layoffs

Personal gambling has been hit even harder by COVD-19 shutdowns than online gambling.

In mid-March, many of the largest casinos in Las Vegas announced they would be temporarily closed to the public, including the MGM Grand, Caesar’s Palace, Bellagio, Mandalay Bay, Bellagio and The Mirage.

The closings have been accompanied by massive layoffs at many properties.

“I’ve been working for the company for (many) years, and I’m gone as a light switch,” an employee of Caesar’s Palace told the Las Vegas Review Journal.

“I don’t know how I’m going to pay my bills now. … I need that job and the benefits. ‘

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