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COVID betting aftermath

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Alfa1234
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Re: COVID betting aftermath

Sat Jan 30, 2021 9:32 am

GreenScalper wrote:
arbusers wrote: Probably there is no exception in Europe, all betting shops are closed and that has an impact on online activities as well.
Don't know about alert services and e-wallets, but I'll correct you on that. Lots of betting shops were open in December and are open at the moment as well. I'll name a few countries where there are open shops, probably there are more - Germany, Austria, Belgium, Malta.
Belgian shops have been closed since early November.
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Re: COVID betting aftermath

Sat Jan 30, 2021 10:41 am

Accept the correction about Austria, still some form of retail betting exist. In Belgium however seems pretty much everything is up an running? At least what I hear from friends there.
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Re: COVID betting aftermath

Sat Jan 30, 2021 10:46 am

GreenScalper wrote: Accept the correction about Austria, still some form of retail betting exist. In Belgium however seems pretty much everything is up an running? At least what I hear from friends there.
Betting shops and casino's remain closed even though "normal" shops are open.
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Re: COVID betting aftermath

Sat Jan 30, 2021 10:53 am

Alfa1234 wrote:
GreenScalper wrote: Accept the correction about Austria, still some form of retail betting exist. In Belgium however seems pretty much everything is up an running? At least what I hear from friends there.
Betting shops and casino's remain closed even though "normal" shops are open.
I don't understand what is the difference between a casino and a restaurant. Definitely i will never be a politician.
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Re: COVID betting aftermath

Mon Mar 22, 2021 11:52 am

arbusers wrote: 2020 is out and we now have the overall picture of the year. Of course we do not have access to data from bookmakers, but we do have a very good picture from ewallet volumes, agent volumes, alert services usage, numerous bots, and of course the market sentiment as presented from our members.

I spoke before about the impact of Bet365's decision to dump ewallets. That belongs in the past now. My estimations include only the impact from Covid19. To be more accurate, I compare the situation as it was in February 2020, which was the last month of normality, with the situation of December 2020.

1. Ewallets, down 40%. It is fair to say that it is not only Covid19 that had an impact, but also wallets business and managerial decisions on various matters, like risk, KYC and market approach. The smart bettor is looking for other payment means.
2. Agents, down 10%. Surprisingly they are resilient and they have enough reserves.
3. Alert services usage, down 30%. Of course the quality of service offered by alert services is playing a major role, but I believe this is the most important factor that shows that some people are kicked out of business. Maybe 30% of arbers and value bettors are out of business. But in my view arbers were damaged far more than value bettors.
4. Bots, up 40%. This is for the bots that still operate. The trend is accelerating. We covered bots in our annual reviews, but seems to me in the end they will take the lion's share from the market.

Overall sentiment. There are still restrictions and lockdowns. Probably there is no exception in Europe, all betting shops are closed and that has an impact on online activities as well. Further normalisation might come after April/May 2021 when the good weather and vaccination pushes away the virus. Many people left smart betting business. Others are struggling to stay alive. Most of the people didn't manage to have an annual personal best in 2020. But at the same time, we see newcomers who are testing the waters and looking if there is any space left for profits in this industry.
Overall figure: -30%.

Of course this is an average and the resultant of many factors. It doesn't reflect personal stories that would vary grossly.
Hi, intesrested to know how u get the bot usage figure, thanks!
And any restore to normal trading volume for agents?
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Re: COVID betting aftermath

Mon Mar 22, 2021 12:36 pm

hkbestrader wrote: Hi, intesrested to know how u get the bot usage figure, thanks!
And any restore to normal trading volume for agents?
We speak with people who develop bots, and their clients.
Yes, I would say agent volume's are back to the pro Covid levels, maybe even better than before. I suppose when betting shops start operating again in the big European markets, the agent volumes will be even bigger.

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