The return of the Premier League this week could see an upturn in fortunes for struggling Bitcoin sportsbooks.
The last three months have not been a picnic for websites offering Bitcoin sports betting. While most major sporting events have been shut down and put on ice over the COVID-19 pandemic, Bitcoin betting sites have struggled. Many punters have switched to betting on casino games, and if a cryptocurrency sportsbook did not offer such services (and many do not), revenues have been light.
Over the last few weeks, sporting events have gradually been resuming, and while that has seen an improvement in their fortunes, Bitcoin sportsbooks have been longing for the return of the world’s most lucrative football competition – the Premier League.
The Premier League is formally set to return this week, and a re-shaped schedule should see matches played near enough every day, as the league tries to close off the 2019/2020 season. This presents a potential bounty for sites offering sports betting options. As one of the most wagered on sports competitions in the world kicks into gear once more, there is hope on the horizon for Bitcoin sports betting sites.
Richard Masters, the Premier League’s CEO commented earlier in the month,
“Sadly, matches will have to take place without fans in stadiums, so we are pleased to have come up with a positive solution for supporters to be able to watch all the remaining 92 matches.”
“It is important to ensure as many people as possible can watch the matches at home. The Premier League and our clubs are proud to have incredibly passionate and loyal supporters. It is important to ensure as many people as possible can watch the matches at home.”
With all 92 games being streamed via new mediums such as social media (as opposed solely to the usual exclusive satellite channels), punters will be able to watch the action in many ways. This will undoubtedly spur on the interest in having a bet on sports.
The Premier League resumes this week. If you are not signed up to a Bitcoin betting site yet, there is just enough time for you to head over to BestBitcoinCasino.com to find a top place to play before the big kick-off. While waiting, you can also play some casino games online.
If you’re interested in getting an updated 2020 list of all Bitcoin casino reviews for this market, check out the casino review section.