Sports events and the sports industry around the world have ground to a halt in recent weeks. The outbreak and spread of Corona Virus Disease (COVID-19) has virtually stopped all sports and indeed football activities in most continents of the world. In this piece, we will look at how betting companies are going the extra mile to keep their punters engaged and making money.
The impact of Coronavirus on Sports
Since the pandemic outbreak, Europe’s top 5 football leagues have been suspended. Many other sports have also been suspended or postponed around the world. This has thrown millions of fans into limbo, and uncertainty. Not knowing when the situation will normalize, or when they can begin to watch their favorite stars and teams again.
The situation is worse for Clubs and FAs who are already going into debt. Recently the players, coaches, and directors of Borrusia Mochenglabach agreed to donate their wages to help the club financially.
Many are already saying that unless the matches resume across the leagues (even if it is behind closed doors), the latest by April, it would be difficult for many clubs to survive economically. That means hundreds of thousands of jobs may be lost. Well, that is to tell you the mess that many European clubs are going through.
The Impact of Coronavirus on the Nigerian betting Industry.
Nigerian gambling industry is a very peculiar market with over 90% of Nigerian punters concentrating and engaging majorly on sports, specifically, football. A lot of punters have been thrown into boredom, while so many bookmakers are now on their way out of the market.
Is there any other source of entertainment and relaxation for the average sports lover in Nigeria? What is the way forward for the punter who depends on the European league not just to watch football, but also to make money? Since he got bills to pay and his life to live, what ways can he catch his fun, and make money too?
Online Casinos and Virtuals are to the rescue
A secret goldmine that many punters are not even aware of is online casinos and virtuals. The majority of Nigerians are football and sports fans, whose passion inspired them to make stakes. So they have only been betting on sports, and now think that only sports can make them win. The fact is; that mentality must be changed in these times.
Experts have said that in the face of the coronavirus pandemic, online platforms like the casino, and virtuals with no human-to-human interaction is the safest and best bet. You can have the same feel as sports betting. You can have the same opportunity to stake any amount you want. You can also select your favorite teams as you would do in sports betting. But it is better because the matches are played and resulted in less than 5 minutes.
As more Nigerians opt to stay home or are left with few choices for going out, online betting companies are making the option better. Take for instance Nigeria’s innovative gaming company, betBonanza.
The company launched in June last year, and to date has over 50,000 active customers betting on its platform https://betbonanza.com/sport. betBonanza also has over 1000 actively trading agents in Nigeria. It has also brought some of the most innovative products to the Nigerian market as far as online casinos and virtuals are concerned.
betBonanza has the largest collection of online virtual games and In-shop games in Nigeria. No other betting company in Nigeria have stocked up more virtual products.