May 2020

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Will you help to save the industry?

According to the latest research by the Malta Gaming Authority (MGA), Malta’s licensed sports betting operators are facing a 40% decline in annual forecast revenues for 2020.

A survey carried out in April by the MGA information and research unit showed that B2C license holders predict a 40% drop in revenue due to the cancellation of sporting events on the outbreak of coronavirus.

A total of 151 B2C operators were included in the Covid-19 impact study. Total revenue from gambling (sports-betting) is expected to fall by 12% in 2020.

The downward trend continues in other countries as well.

Huge drops in turnover of Italian sports betting operators were announced.

Revenue from online sports betting for the 18 largest bookmakers in Italy dropped dramatically between March and April when Covid-19 stopped most sporting events.

New market data show that revenues from online betting on the largest sports operators in the country fell by 57% to just EUR 19.4 million in April, compared with EUR 45.6 million in March.

Revenues in March have already fallen by 43% from EUR 80 million recorded in February, which was the last month in which the sports schedule was running smoothly.

In the UK, The British Horseracing Authority (BHA), fearing huge financial losses, sought to open the racetracks in May. According to estimates made by this organization (in April), if the ban continues until the end of June, the horse racing industry could lose about 200 million pounds.

The loss anticipated by BHA would account for around 13% of the annual revenue from this discipline, which, according to its representatives, may result in “significant economic and social difficulties.”

BHA to deal with the current problem caused by the COVID-19 virus established the “Resumption of Racing Group“, which is a group whose task is to find the optimal solution for the safe resumption of racing. One of the group’s first plans is to open several racing tracks where teams and competitors would be properly separated to comply with quarantine rules.

As you can see, saving business goes in the right direction, because horse racing is set to return on Monday, June 1, with Newcastle planning to host the first meeting since lockdown began.

This is great news for us traders. Pre-race Horse trading is a great place to practice scalping.
Remember to start with small stakes because you don’t want to rescue the industry with your own money!

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Yes, it really is, The Bundesliga is back!

German Bundesliga as the first of the leading leagues in Europe resumed their games in the age of the coronavirus pandemic.

In Bundesliga, matches are played under many conditions. First of all, in empty stands, and players must take special precautions. They are prohibited from spitting, running into the field together, greeting by a handshake, or hugging after scoring a goal. In such cases, they may only touch their elbows or shoes. The substitutes will have to wear masks.

As I mentioned before the restart of competition you need to watch the motivations and the form of players more closely. According to statisticians, a two-month break in the competition negatively affected the form of players. The number of kilometers runs lower than the average from the season, fewer sprints, the number of shots less than before. However, this did not significantly affect the result of the derby, in which Borussia Dortmund demolished Schalke. In other matches, an unexpected draw in Leipzig.

For me it was a slow start, however, I have managed to exit my only one Saturday`s trade with green, which is always a positive thing.

Usually, Sunday is my family day, so I will not have time for trading unless we have very late games.
I do not bet, however on Sunday matches you should have your eyes open on Lewandowski, who probably will score 2 or more goals for Bayern.

CU Green!

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Decontamination with alcohol during the COVID-19 outbreaks?

Have you noticed that fewer sports trading opportunities, lockdown, may have other disturbing effects on our health?
In isolation, we increasingly reach for alcohol.

We drink to relax, forget about a problem, or simply – out of boredom. Meanwhile, alcohol is the strongest legal, widely available, and acceptable range depressant, and its relaxing effect is only temporary. In many people, worse mood and anxiety build up after 3 hours of consumption.

The boundary between ‘entertainment’ drinking and addiction is extremely thin. Especially in the period of high, long-term tension and stress – and these are the emotions caused by the current pandemic situation in the country and in the world. Staying in a small, closed space, with other family members 24 hours a day – for which we were not prepared and to which we are not accustomed – we should absolutely give up alcohol.

Although quarantine is conducive to the more frequent use of alcohol, if we decide to drink it, it is good to use common sense and make sure that our drinking is not risky or harmful, as it can cause you to lose control over your own life. Too frequent and uncontrolled drinking can lead to serious problems. Experts point out that alcohol problems can affect anyone, regardless of age, gender, social status, or occupation.

Similarities Between Alcoholism and Gambling Addiction

There is a large percentage of people who suffer from alcoholism that have issues with gambling addiction, and vice versa. While there could be several reasons as to why someone may experience both, many researchers are looking at the similarities between the two addictions as the answer. The underlying reactions that are triggered in the brain when someone consumes alcohol are very similar to when someone gambles. In fact, the brain will release dopamine after someone gambles, the same process that happens in addictive drugs. The way these two reactions can stack on each other makes the potential of alcoholism and gambling addiction as co-occurring disorders even more likely.

Those potential alcohol problems can affect you as a trader. As researchers say alcohol addiction can have an impact on your trading. It is an easy way to become a gambler.
So please stay focus during this pandemic period. Do not drink too much.

Remember when sports back soon, never trade when drinking alcohol, even avoid small pint of beer!