Betting On Poker Tournaments, The Latest Sportsbook Offering

• Sportsbooks are coming up with new and innovative wagers while sports competitions have ceased due to the Coronavirus pandemic.
• The latest in obscure bets is wagering on poker tournaments while not playing in the tournament itself.

PITTSBURGH - The gambling industry has fallen on some tough times with the Coronavirus shutting down retail locations nationwide and sporting events being suspended until further notice. This makes betting on poker tournaments the latest gamble.

Internet and mobile sports betting operators are the only gaming platforms still doing business and they’re getting creative with their betting lines due to the lack of matchups. Nothing is too obscure for gambling platforms to introduce to their customers in order to keep their businesses afloat.

Creative Lines

Online sportsbooks currently have the monopoly on the gambling industry because they are the only operations in business.

But they have had to become innovative with their offerings for members to get bets in and gain some sort of profit while sports competitions are taking an unwanted break. There are various entertainment wagers up but that is not enough to bridge the gap in losses.

Marble racing, beer pong tournaments, and Russian table tennis are all different options open for bets for sports bettors to participate in.

To further the out of the box way of thinking, Bovada Sportsbook is now allowing their customers the opportunity to wager on their own poker tournaments. This means that players in a tournament are no longer the only ones that will have money at stake as others can wager on entries and reentries for the event.

This latest wagering option is not the first, nor will it be the last in the creative lines department that sportsbooks will be coming up with.

Sporting events are not expected to come back until at least August, leaving four months of open space for a variety of different bets to fill. No matter how odd the options may seem, they are all in an effort to keep sports bettors engaged during this hiatus.

What’s Next?

It’s anyone’s guess what the next wager listings will be on sports betting sites as land-based casinos continue to be closed because of COVID-19.

Odd bets by these sportsbooks are not purely for member participation as the operators need these different options to remain in business. Any avid gambler can expect to see a slew of betting obscurities listed that will be both fun and interesting because they are not of the typical wager variety - making them new and exciting forms of gambling.