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Covid vs Betting industry

With all sports halted, is this the end of the betting industry as we know it? Betting companies around the world must be holding billions in unsettled bets. They might have to refund all this money but what will really kill them is the lack of activity on their pages, no revenue for them.

I do betting for fun but haven't visited that page since tennis got locked down. I know they have virtual sports but I imagine the smaller betting companies will be going out of business soon with betting company revenue instantly reduced by 99%.

This Covid thing. You think you have something figured out until you discover the knock-on effect. If A doesn't happen, then B will happen, which means C won't happen which means D will happen and so on

posted on 3/4/20

comment by The Lambeau Leap (U21050)
posted 5 hours, 13 minutes ago
comment by moreinjuredthanowen (U9641)
posted 1 minute ago
comment by The Lambeau Leap (U21050)
posted 1 hour, 7 minutes ago
Where a lot of you have failed to make the connection is with how much of an uplift in traffic and betting activity Casino/Poker and Bingo sites have seen during this lockdown. It's incredibly really.

For every SkyBet Sportsbook there's a SkyBet Poker/Bingo/Vegas Casino raking in cash.
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thats a good point. the onlines will harvest no matter what i suppose.

the shops may never reopen if the onlines get their way.

We really should have stringent regulation of betting and advertising
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Personally I think the bookies got it wrong with the self-imposed RGA code where they all agreed on whistle to whistle ban on betting advertising in Live sport, then post 2100 elsewhere. Would've made more sense had they limited themselves to live sport ONLY - people expect to see bookies ads around sport. I'd rather see the latest odds during the HT break of a game than around some entertainment content of Wednesday evening.
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I dont agree.

my view is the authorities should be looking after kids and outright 100% banning advertising of gambling at all sports just like smoking.

one will kill you, the other will ruin your life both are addictions.

I for one can remember when they were not well to wall and just cos it crept in doesn't make it right.

if you or whoever wants odds let their online app pop them up.

half time is for tactics, and eating and refilling the bevvies..

I just really feel strong about kids and gambling.

posted on 3/4/20

comment by Scouze Doggie Dog (U22357)
posted 7 hours, 13 minutes ago
comment by sandy (U20567)
posted 1 hour, 25 minutes ago
comment by Ronaldo McDonaldo 2 (U8472)
posted 16 minutes ago
If anything good can come out of this catastrophe it’s that a load of bookies go out of business. It really is a blight on society. We’ll all be better off without them
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No different really to pubs turning punters into alcoholics. Everything in moderation is fine. Just don`t overdo it. They should though take the slot machines out of the bookies.
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Yeah, betting can be addictive just like alcohol but that doesn't mean to get rid of it. It can also be a hobby. A lot of people do small bets for fun and to make things more interesting, not to become rich. Amounts where losing or winning doesn't really make a difference.

People will spend £5 on a pint but the same people think placing £5 on Liverpool to score over 2.5 goals should be scrapped. You put £5 of alcohol in your system while my £5 buys me a chance to turn it into £20
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which is fine. but in the same way we dont allow alcohol ads in certain shows etc and have banned cigarette ads we really dont need wall to wall betting ads with a blaise when the fun stops stop muck at the end.

if it's now "normal" then job done for the harvesters. we cannot allow that to be the case for kids.

posted on 4/4/20

Oh its definitely normal. Alcohol companies are making a killing too, and alcohol is normal.

Also, what is this about the kids? Who is we? You do love a high horse, don't you? Don't be too preachy as its likely you have a vice too. The best thing you can do is to teach kids how to control stuff like gambling and alcohol, how to be responsible. If you think stopping then from seeing ads at certain times of the day will solve the problem then good on you. To me its nonsense.

posted on 4/4/20

comment by Scouze Doggie Dog (U22357)
posted 7 hours, 47 minutes ago
Oh its definitely normal. Alcohol companies are making a killing too, and alcohol is normal.

Also, what is this about the kids? Who is we? You do love a high horse, don't you? Don't be too preachy as its likely you have a vice too. The best thing you can do is to teach kids how to control stuff like gambling and alcohol, how to be responsible. If you think stopping then from seeing ads at certain times of the day will solve the problem then good on you. To me its nonsense.
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make 2 comments and it's full on high horde type response.

clearly struck a nerve here.

posted on 4/4/20

High horde type response?

Don't be a snowflake, there's nothing too out of place about that comment. After preaching to provoke a response, I guess step 2 is to start playing the victim of an imagined "high horde response", whatever that is.

posted on 4/4/20

Sorry more, but I disagree. I feel strongly that personal responsibility should be taken for managing addiction. The politicians have sold gambling regulations to people for cheap clout, because its a much safer win than telling people to take responsibility. In much the same way they’re looking to come down hard on HFSS advertising, it’s safer to blame the companies than say to parents your fat diabetic kid is down to your laziness and taking him to McDonalds five days a week, not McDonalds ads on TV.

You can see through the hypocrisy of it all when you look at how unregulated the online spaces is versus TV, despite anecodatal and quantitative information suggesting that kids spend far more time online (YouTube etc.) than on TV.

Gambling regulation on TV is smoke and mirrors. It’s an easy political victory because TV is already so heavily regulated.

posted on 4/4/20

comment by Scouze Doggie Dog (U22357)
posted 1 hour, 20 minutes ago
High horde type response?

Don't be a snowflake, there's nothing too out of place about that comment. After preaching to provoke a response, I guess step 2 is to start playing the victim of an imagined "high horde response", whatever that is.
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yea yeah yeah.

all you got is a spelling mistake come back.

posted on 4/4/20

comment by The Lambeau Leap (U21050)
posted 32 minutes ago
Sorry more, but I disagree. I feel strongly that personal responsibility should be taken for managing addiction. The politicians have sold gambling regulations to people for cheap clout, because its a much safer win than telling people to take responsibility. In much the same way they’re looking to come down hard on HFSS advertising, it’s safer to blame the companies than say to parents your fat diabetic kid is down to your laziness and taking him to McDonalds five days a week, not McDonalds ads on TV.

You can see through the hypocrisy of it all when you look at how unregulated the online spaces is versus TV, despite anecodatal and quantitative information suggesting that kids spend far more time online (YouTube etc.) than on TV.

Gambling regulation on TV is smoke and mirrors. It’s an easy political victory because TV is already so heavily regulated.
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yet the evidence does exist that tax and regulation does reduce smoking.

and hmmm mcdonalds is allowed advertise like mad on tv too.

seems to me the free for all attitude doesn't actually work. There's examples everywhere of this but hey no problem. Its not like i actually told you guys you need to stop betting.

But quite the reaction. Its telling.

posted on 4/4/20

and hmmm mcdonalds is allowed advertise like mad on tv too.

-

You might think that, but HFSS restrictions on TV are pretty strict. As an adult you might not notice them, but try watching kids/family content and you’ll notice a difference in the ads being served.

Then go watch a kids video on YouTube and enjoy your San Miguel ad

What is telling?

posted on 4/4/20

comment by moreinjuredthanowen (U9641)
posted 28 minutes ago
comment by The Lambeau Leap (U21050)
posted 32 minutes ago
Sorry more, but I disagree. I feel strongly that personal responsibility should be taken for managing addiction. The politicians have sold gambling regulations to people for cheap clout, because its a much safer win than telling people to take responsibility. In much the same way they’re looking to come down hard on HFSS advertising, it’s safer to blame the companies than say to parents your fat diabetic kid is down to your laziness and taking him to McDonalds five days a week, not McDonalds ads on TV.

You can see through the hypocrisy of it all when you look at how unregulated the online spaces is versus TV, despite anecodatal and quantitative information suggesting that kids spend far more time online (YouTube etc.) than on TV.

Gambling regulation on TV is smoke and mirrors. It’s an easy political victory because TV is already so heavily regulated.
----------------------------------------------------------------------
yet the evidence does exist that tax and regulation does reduce smoking.

and hmmm mcdonalds is allowed advertise like mad on tv too.

seems to me the free for all attitude doesn't actually work. There's examples everywhere of this but hey no problem. Its not like i actually told you guys you need to stop betting.

But quite the reaction. Its telling.
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Your incoherent response is an affront to the excellent, informed and well articulated comment you're replying to. I knew there was bound to be at least one preacher on an article about betting.

We know all this hogwash, please save us the drama.

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