The betting business, a branch of sport that was also affected by the coronavirus pandemic

The sports world is stopped and to the expectation of what happens with the coronavirus pandemic. Few leagues continue their activities, but generally all athletes have been affected by the health crisis.

Among all those affected are the bets on these events. "From the point of view of the sportbook or bookmakers, of course it is affected, because he does not receive income from gambling, "said the economist Carlos Lazo, for Infobae Mexico.

However, contrary to what might be thought, this item has not been critically diminished by the disease that plagues the world. "Why is the despair of the United States of reactivate sports? Because sports are a means of entertainment. If there is a quarantine, the fans will be able to continue seeing their teams ”he explained.

The CEO and founder of Upick Fund, a Jalisco company that makes recommendations to bettors, pointed out that there are losses, but they are not significant. "He has stopped winning these two months in which there has been no game, but loss of money from sportsbook are minimal from the point of view of your platform, because everything is electronic, "he added.

He compared other businesses to the bookmaker, where the former may take years to recover. Instead, the latter may start generating income the moment sports events return. “The moment the games start, everything is reactivated immediately for us”he pointed out.

The Venezuelan nationalized Mexican indicated that, despite there being no sports, the betting does not stop. "The sportbook it's something that makes money every day, and now, without games they go to esports. People are betting on virtual sports ”he exclaimed.

However, from his point of view, These bets cannot be as effective as conventional sports. "For me the problem is that it goes straight to vice and they are black boxes with the trading binary ”, expressed the sports betting specialist.

Lazo noted that in conventional sports betting you can decide, according to a daily analysis of the statistics. If you make a mistake on one date, the next you can change your strategy to reverse the result.

"Esports are computer games. In the end some boys get into betting and playing who is the best, but I don't bet because they are sports that are one-person. The less time you have to recover, in a minute position, the more time there is so that people can manipulate the results ”he assured.

And is that Upick Fund is a company specialized in reducing the risk of its clients when betting. Using an algorithm, the company analyzes NBA, NFL, MLB, and NHL statistics, as well as the gambler's profile, to minimize the risk of loss.

“I love statistics, results, analysis of the numbers. It is the daily behavior of real people. The moment these are analyzed, you can have a sequence of how they behave. If you have good money management, you can change the results so that they are positive every month, ”said the businessman.

Further, Upick Fund, one of the seven companies of Grupo Capital, continues to work for the benefit of the Mexican economy, following the health recommendations. “As a group, we have not stopped or the investment. Work following the quarantine part, but our investment will be stronger in Mexico this year ”Carlos Lazo finished.