US sports betting stagnated: Bankers lured customers to bet on sharks (part 1)

When sports activities were disrupted by the Covid-19 pandemic, many bookmakers came up with new tricks to attract customers, such as betting on the speed of sharks‘ migration.

On June 17, MyBookie, an online US bookmaker, invited customers to bet on nine white sharks and predict where they will migrate this summer.

“Horse racing” in the ocean

The company’s website displays odds ratios based on various aspects of the white shark migration journey. The data was obtained from Ocearch, a non-profit organization that tracks the movement of white sharks, endangered species.

The interactive map on Ocearch’s website tracks the movements of the sharks almost in real time, as they are equipped with navigation devices. Players will rely on this data to bet, everything like a virtual horse race takes place in the ocean.

In the context of most sports tournaments in the US being postponed due to the Covid-19 pandemic, the betting market has also been hit hard in recent months. Betting on sharks can give gamblers a way out of boredom, and some conservationists question whether this will help improve the image of the white shark in people’s eyes. is not.

Chris Fischer, the founder of Ocearch, said he didn’t know the MyBookie bookmaker used his organization’s data to make bets. It was not until he read an article in Forbes about this that Mr. Fischer broke down and asked the bookmaker to stop organizing betting on sharks.

Mr. Fischer emphasized that, although he believed that MyBookie had made a mistake this time, he did not dare to claim that betting and conservation, the two seemingly unrelated things would not be parallel in the future.

This is not the first time, wildlife has become the subject of gambling. In 2015, the famous British bookmaker William Hill teamed up with the UK ornithology fund to hold a betting deal with 17 cuckoo birds during the spring migration. As part of the event, the dealer donated £ 1,000 to the fund and a William Hill spokesman said the purpose of the competition was to raise awareness about the cuckoo birds.

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People in America are hungry for games

Americans are no less adventurous than, say, the English. After all, a large part of their population is the descendants of colonists from great Britain. Las Vegas, this Mecca of excitement, only confirms the above. Ordinary Americans go to Nevada as if on vacation, and realizing that they will leave a lot of money there . The huge gambling market is languishing under a cloud.

They hit the weakest point of any US citizen – in his wallet. Profit is the key word for getting a real American ready. This is their national one. Supporters of allowing sports betting tempt the state and Federal governments with huge profits that will flow in the form of taxes to the budget. They set the example of the same Britain, where billions of pounds enrich the state every year on the passion of their citizens for the game.

The second reason, which is not shy to talk about those who advocate the legalization of betting shops, is the fight against the shadow sweepstakes. The battle with it is going with varying success, but still millions of dollars pass in front of the nose of local budgets in the pockets of unknown businessmen.

Meanwhile, the Americans are ready to play
A country with 330 million inhabitants can bring in untold revenues to its budget. Gambling Britons spend almost $ 18 billion a year on games, but the UK population is more than five times smaller. Up to a hundred billion dollars could be spent by players in the States, without letting this raging flow abroad and into the economic shadow.

Online betting in the USA
Naturally, no Agency will be able to set boundaries for the Internet. The Internet provoked an unprecedented growth in online betting, and Americans who were longing for the game immediately began to look for outlets to foreign offices that provide services on the network.

But still, the Americans themselves are engaged in organizing bets. If you can’t stay in the States, you can open an office somewhere in Bermuda. The main thing is to get a license, which is a guarantee that the bookmaker will not cheat. For the US government, the main problem presented by online betting is the outflow of huge amounts of money abroad and the fact that respectable Yankees outright violate the law.

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