The New Jersey Division of Gaming Enforcement is cracking down on table tennis betting alternatives in New Jersey. This comes after the state was alerted about potential match-fixing going down in Ukraine.
The Sports activities Wagering Integrity Monitoring Affiliation alerted the Gaming Enforcement Division on Thursday, and the chances have been instantly pulled off the table. Particular person gamers have been named within the alert, however the New Jersey Division of Gaming Enforcement determined to close down all table tennis betting odds.
When New Jersey launched sports activities betting in 2018, table tennis was not even one of many sports activities that have been out there to be wager on. Sportsbooks have been taking a look at distinctive sporting occasions to take bets on, and table tennis was a terrific possibility.
Regardless that the entire casinos have been shut down for greater than three months in New Jersey, the state was in a position to survive the pandemic with their cell betting choices. New Jersey has emerged as a prime sports activities betting market, they usually have even surpassed the state of Nevada in some current months.
New Jersey was the state that was alerted of these match-fixing points, however Colorado additionally pulled all Ukranian table tennis odds from their sportsbooks. Colorado launched sports activities betting on Could 1, and their business has grown rapidly as effectively.
Sportsbooks Turned to Desk Tennis Throughout Pandemic
When reside sports started to close down in the US, sportsbooks instantly began to show to worldwide sports activities. The issue was that the majority worldwide sporting occasions have been additionally suspended, however table tennis was one of many sports activities to outlive.
Ping pong rapidly stuffed the void that was left by different reside sports activities, and it grew to become extraordinarily well-liked with sports activities bettors as effectively. Different obscure sports activities have been supplied as effectively, however ping pong grew to become the preferred.
One of many greatest causes that sports activities bettors rapidly turned to betting on ping pong was because of the giant variety of matches that have been out there. Ping pong was performed every day, and there have been a number of totally different leagues to select from.
Bettors have been pressured to be taught the foundations of table tennis in a rush, and oddsmakers needed to decide what forms of bets to supply. DraftKings reported that in March, over 60 % of all of their bets taken have been on ping pong matches. Different sports activities betting corporations reported comparable numbers, however these numbers are anticipated to lower with the return of reside sports activities within the US.
Regardless that sportsbooks have been taking bets on these matches, nearly none of them have been sanctioned occasions. The Worldwide Desk Tennis Federation and the European Desk Tennis Union each shut down in mid-March, they usually solely lately started internet hosting occasions.
Bettors Aren’t Afraid of Questionable Occasions
Unsanctioned occasions are being performed all through the world, and sports activities bettors aren’t afraid of betting on these occasions. Sportsbooks have even began live-streaming a few of these matches, regardless of them not being regulated.
The setup for these matches is very simple, they usually seem prefer it’s only a random competitors going down. The room is tarped off with solely the 2 gamers and a scorekeeper being current.
The Setka Cup is likely one of the greatest of those unsanctioned occasions, and there are every day tournaments that happen. The Ukrainian Desk Tennis Federation has threatened to ban gamers from future sanctioned occasions in the event that they happen within the Setka Cup.
There have been 365 people disqualified on account of their participation within the Setka Cup, however this has not scared away sports activities bettors. One man from Nevada hit a 10-team parlay in March, incomes a payout of greater than $9,700.