It was not until March of last year that the sports world practically stopped and sportsbooks almost ran out of events to offer. The COVID-19 pandemic brought the whole world to a pause, and it took a while before many industries tried to recover from massive losses. Some parts of the world recovered faster. This meant that we were seeing sports handicapping for unique markets, such as South Korean Baseball and vague European sports.
But as protocols were created, tests were created, businesses started to reopen. Slowly, sports events resumed. No fans were watching live, and some leagues lived in a bubble. Whatever means these leagues used to get back, they did. So did the gambling industry.
Sports Betting in 2021
From limited sports events to other gambling options, all of the sports leagues are now operating well. Some with reduced schedules, but still complete seasons. Sportsbook pay per head operations rebounded as fast as these leagues have. In fact, we are seeing billion dollar handles from states in the US for last year. And this year, sports betting is still doing well, with states reporting handles that are setting records.
One of the reasons why, is that online betting is making it safe for people to place bets on sports from home. The best sportsbook software allows bookies to offer thousands of wagers in any given day, on any sport from around the world, to their players. This allows more people access to betting safely, instead of going out to casinos to place bets. It also means that the betting industry is highly profitable for those who want to keep on betting, or those who want to start their own betting business. Even if we are still in a pandemic, its safe to say that starting your own sportsbook, and sticking to sports betting are both lucrative ventures that you can do safely, wherever you are.
