April 2020

Football is suspended in all European countries apart from Belarus because of the coronavirus pandemic.

European football leagues have been given a May 25 deadline to inform governing body UEFA of their plans to restart their domestic competitions.

UEFA has made it clear that it wants its member associations to complete their domestic seasons rather than abandon them. It also hopes to finish the Champions League and Europa League competitions.

If league seasons cannot be finished, it said national associations would need to select clubs to qualify for European competitions.

What is the current status of major European leagues?

  • Dutch Eredivisie – cut short its season already and said there would be no title awarded and no relegations or promotions.
  • French Ligue 1 – it could not resume the 2019-20 season, was told by the French prime minister.
  • Polish Ekstraklasa – is set to resume the 2019-2020 football season at the end of May (plan approved by the Polish prime minister).
  • German Bundesliga – is hoping to resume May 9, but it needs the go-ahead from national and state government and health officials, and it’s unclear when that unanimous approval will come through.
  • Italian Serie A – clubs have the green light from the government to return to training on May 18, with matches behind closed doors tentatively slated to resume at the beginning of June.
  • English Premier League – will meet on Friday to determine the next steps, but they’re reportedly hoping to be training by May 18 in advance of a June 8 return to action.
  • Spanish La Liga – remains in a holding pattern, with Spain’s health minister cautioning against expecting any soccer to resume before “the summer” followed by Spanish government gave the O.K. to individual training starting next week.
  • Danish Superliga – plan to resume on May 17 and finish by the end of July.
  • Portuguese Primeira Liga – country’s president announcing that lockdown restrictions are beginning to ease on May 3, there’s perhaps a pathway to finishing the season.
  • Russian Premier League – hopes to resume in late June and finish by Aug. 2.
  • Swedish Allsvenskan – season was postponed, and the league’s clubs train while they await instruction on when it will actually begin the 2020 season, with late May or early June looking like the most likely outcome.
  • Turkish Super Lig – June 12/13 reportedly appears to be a tentative return date for matches behind closed doors, but the Super Lig’s fate is slated to be determined in the first week of May when the Turkish Football Federation meets to discuss the league’s future.
  • Belgian Pro League – clubs were set to vote on Monday to ratify a ruling that would end the season as is and crown Club Brugge as champion, but that vote was postponed by a week instead, lending some to think that perhaps there’s a path for the rest of the season to be played after all.
  • Austrian Bundesliga – clubs were given the green light to return to training in a limited capacity, and matches could follow in mid-May.

It seems there is a green light that in May we could be able to back to trading. Please keep in mind that you are a trader, so do not rush with your decisions when entering the market. We do not know how players have been affected by this coronavirus period. All matches would be played behind closed doors. If your strategy is based on pre-match stats, just put them into rubbish.

Focus on price movements and market itself so predict unpredictable scores.

You may not be aware but from 14 April 2020, The GB Gambling Commission’s ban on using credit cards to fund gambling.

What does it mean in a nutshell?

The new requirements mean that UK gambling operators cannot accept credit cards or payments made through e-wallets such as PayPal or Revolut.

However as Gambling Commission clarified, gambling operators will ultimately be responsible for only accepting e-wallet payments where it is satisfied that the provider will take action to prevent payments by credit card once the ban comes into force on 14 April 2020.

The ban comes after the Gambling Commission’s review of online gambling, and the Government’s Review of Gaming Machines and Social Responsibility Measure.

According to the research a total of 24 million adults in the UK gamble and over 10 million of those doing so online. It also highlights that 22% of online gamblers using credit cards are classed as problem gamblers.

The aim of these new regulations is to help protect those most at risk from gambling money they do not have.

What does it mean to you as a trader?

First of all, do not risk more than you can afford to lose, as trading is a high-risk activity.

If you are a newbie, you have to focus on the learning process and use small stakes. Debit cards would be enough to transfer a few pounds for this purpose or you can use training mode.

If you are an experienced trader then you do not need credit cards too, as your aim is to withdraw money from betting exchange.

However, If you are worried that you spend more than you should on gambling you can call the National Gambling Helpline on 0808 8020 133 for free advice on how to stay in control or get support: https://www.begambleaware.org/

Esports in the last two decades has become a billion-dollar industry. Globally, the total esports audience will grow to 495.0 million people in 2020, a year-on-year growth of +11.7% according to the market researcher – Newzoo.

Image Credit: Newzoo

If we look at the revenue streams it will surpass 1$ billion in 2020, and this forecast report was introduced before coronavirus pandemic that suspended global sports.

Image Credit: Newzoo

Just as any entertainment attracts money in different markets, so does Esports.

If we look at the betting exchanges popular Esports markets,  liquidity seems to be very tempting:

match from CS-GO ESL-Pro-League

What do all those numbers mean to you as a sports trader?

They mean nothing at the moment, at least for me!

What if there are no sports events this year? Can you imagine?

In these uncertain times, anything can happen. You as a trader have to expect unexpected!

So be prepared and if lockdown continues then start observing Esports market behavior.