When you sign-up through links on our site, we may earn an affiliate commission. Learn more >
Up to CAN$100 in Bet Credits for new customers at bet365. Min deposit CAN$5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.Bet restrictions and T&Cs apply. New and eligible customers only. 18+. Fixed odds.
Opening day is upon us but don’t expect things to be business as usual. With attendance forecasted to be at 0% for the foreseeable 2020 MLB season. The MLB is estimated to be out close to half of its revenue, forcing the league to innovate quickly or face serious financial hurdles.
In a statement made by MLB Commissioner Rob Manfred, where he said that MLB was set to be out at least 40% of its usual revenue due to the closure of it’s stadiums to fans. These stadiums generate massive revenue for the league in the form of gate fees, concessions, parking, etc.
This income vacuum has led to the MLB taking a serious look at its financials for the 2020 season and brainstorming to try to make up their income shortfalls.
With no fans in the stands, the league is looking to fill the void that the absence of cheering fans has created with an ‘I Love Lucy’ laugh track approach that will supposedly simulate the murmuring of thousands of fans.
There is also an app branded “Cheer at the Ballpark ” that will enable fans viewing remotely to record their own cheering and upload it enabling the ballpark to crowdsource the cheering to be used in response to the live game.
These apps aren’t the only ones that MLB hopes to use to make up for the lack of fans. This is where the MLB supported app Statcast comes into play. Statcast is an augmented reality app whose technology has been installed in all thirty MLB ballparks.
Statcast will enable a user to view player stats of anyone on the field at any given moment as well as live flight trajectory of fly balls. This app was pushed through with lightning speed and is a giant leap into the future in regards to how fans consume and interact with sports. After the pandemic is over it is nearly a sure thing that this technology will remain in place and even creep over to other organized sports.
Unfazed by the Coronavirus, MLB seems determined to turn its greatest challenge into an opportunity. With everyone stuck watching games from home, MLB is focusing on creating a marketplace where it can get fans to participate in speculating on match outcomes.
MLB representatives have been careful to articulate that this speculation is in no way betting since sports betting is not legal in all 50 states.
As the MLB season progresses we’ll see how these apps develop. It is more than likely that the appearance of these apps will be completely different towards the World Series compared to how they look now since this is all new territory.
North Carolina Sports Betting Legalization Coming Soon?
Betting | 30 May, 2023 | Caleb Tallman
New York 3rd Party Sports Betting Advertisers & Affiliates Legal Updates
Betting | 24 May, 2023 | Caleb Tallman
Fanatics Put Betting Promo Merchandise Combo Offer on Hold
Betting | 22 May, 2023 | Caleb Tallman
© Rebel Penguin ApS 2023 (a subsidiary of Gaming Innovation Group Inc.)
We support responsible gambling. If you feel like you're losing control over your gambling experience, call 1-800-GAMBLER (NJ, PA, WV), 1-800-9-WITH-IT (IN), 1-800-BETS-OFF (IA), 1-800-522-4700 (NV), 1-800-522-4700 (CO, TN), 1-855-2CALLGA (IL), 1-800-270-7117 (MI).
WSN.com is run by iGaming Cloud Inc (a Gaming Innovation Group Subsidiary) and is registered with the New Jersey Division of Gaming Enforcement (DGE) under affiliate vendor ID 89744, with the Indiana Gaming Commission (IGC) under certificate of registration number SWR-000148, approved by the Pennsylvania Gaming Control Board as a gaming service provider, under certificate registration number 117656-1, possesses a Vendor Minor sports betting license from the Colorado Limited Gaming Control Commission (account number 94414163), granted a vendor registration number VR007603-20-001 by the Michigan Gaming Control Board, an interim Sports Wagering Supplier license, under license number SWS 066, issued by the West Virginia Lottery Commission, a sports betting vendor registration, under registration number #100400, issued by the Director of Gaming Licensing and Investigations of the Virginia Lottery to operate in the State of Virginia, and a Vendor Registration issued by the Sports Wagering Committee of the Tennessee Education Lottery Corporation.
Advertising disclosure: WSN contains links to online retailers on its website. When people click on our affiliate links and make purchases, WSN earns a commission from our partners, including ESPN and various sportsbooks.