Deprived of Sports, Gamblers Wager Outside Their Home Turf

Source: Statista

One side effect of the sports world being put on hold is that the betting industry is forced to find creative solutions as to retain at least a fraction of its usual revenue. And while sports bettors can always cast their keen eyes on countries such as Belarus, Nicaragua and Tajikistan, which are among the few countries carrying on with professional sports, many are willing to get creative when looking to place a wager.

According to a recent survey by Morning Consult, regular sports bettors are willing to bet on pretty much anything in the absence of professional sports. Amazingly, 41 percent would even put a wager on COVID-19 statistics, which many would consider to be in bad taste. As the following chart shows, gamblers would also be interested in betting money on political elections, the weather or current events, with the aforementioned foreign (and some would say exotic) sports leagues less fancied by regular sports bettors.

Interestingly, e-sports, a category many sports betting companies are embracing these days, doesn’t tickle the fancy of sports bettors. Only 28 percent of those respondents regularly betting on sports are interested in wagering on the digital sports world.

Sports Infographic

No Pro Sports in 2020?

Source: Statista

What sets the current crisis apart from past crises, economic or otherwise, is the fact that it not only leaves people deeply concerned for their health and economic wellbeing, but it has also taken away most of the things that typically offer some much-needed distraction from these concerns. No bar open for a drink after a long day of work, no movie theater to flee reality for two hours. Most importantly though for millions of Americans: no professional sports.

Like most public life, the sporting world has hit the pause button with major sports leagues and events either suspended, cancelled, or postponed. To those hoping for professional sports to return in their full glory (i.e. in front of packed crowds) over the summer, Dr. Anthony Fauci, America’s most prominent infectious disease expert, had bad news this week. In an interview with Snapchat’s Peter Hamby, he said that the only way pro sports could return anytime soon would be without spectators.

“There’s a way of doing that,” Fauci told Hamby when asked about the MLB and NFL specifically, “nobody comes to the stadium. Put [the players] in big hotels, wherever you want to play, keep them very well surveilled. … Have them tested every single week and make sure they don’t wind up infecting each other or their family, and just let them play the season out.”

Fauci’s remarks come a week after a Seton Hall Sports Poll showed that most Americans wouldn’t feel safe attending a stadium before a vaccine for the coronavirus is developed anyway. 72 percent of respondents in the poll conducted April 6-8 said they wouldn’t feel safe at all attending a stadium, regardless of potential social distancing measures. As the following chart shows, 40 percent of the respondents don’t expect professional sports to make a comeback this year at all, while another 21 percent think it will only happen behind closed doors.

Sports Infographic