{"id":4265,"date":"2023-10-26T00:00:00","date_gmt":"2023-10-26T00:00:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/opinion\/this-is-how-climate-change-affects-players\/"},"modified":"2023-10-26T00:00:00","modified_gmt":"2023-10-26T00:00:00","slug":"this-is-how-climate-change-affects-players","status":"publish","type":"opinion","link":"https:\/\/www.mundovideo.com.co\/en\/opinion\/this-is-how-climate-change-affects-players\/","title":{"rendered":"This is how climate change affects players."},"content":{"rendered":"<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">For both traders and bettors, unreliable weather can and will affect how markets are priced, how sporting events are run and even how people choose to bet.<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">So what are some of the likely ways that climate change could impact sports betting and what can operators and their customers do to mitigate these issues?<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">Arguably the clearest way that climate change affects sport is by introducing another uncertainty variable.<\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"> <\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">Event cancellations and postponements are likely to increase, disrupting betting calendars, odds-setting processes and risk management.<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">Player performance can be affected in unpredictable ways, and even changes in the playing surface (think hard or soft ground in horse racing) can have an impact on the outcome, posing challenges on both sides of the playing market.<\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"> <\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">bets.<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">Then there are issues like strong winds;<\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"> <\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">Let&#39;s take golf as an example.<\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"> <\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">Strong winds during a golf tournament open up the course, making the outcome much less predictable, a problem for both bookmakers and bettors.<\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"> <\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">Or heavy rain during an outdoor event, which can result in a more slippery surface for sports like football, or a heavier surface for sports like rugby.<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">The ways in which weather can affect sport are multiple and by extension this means a significant impact on betting markets and the sports betting industry as a whole.<\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"> <\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">People are likely to be more at home, or indoors, and perhaps more focused on sports and finding ways to entertain themselves.<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">But, conversely, customers at betting sites, casinos and bingo sites are less likely to gamble when temperatures rise.<\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"> <\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">People tend to spend more time outdoors, meeting friends or, alternatively, seeking refuge from the heat in the most extreme conditions;<\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"> <\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">They don&#39;t really feel like betting on sports.<\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"> <\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">This is how climate change affects players (and their decisions)<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">Climate change is happening and will continue to cause problems for the sports betting industry for years to come.<\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"> <\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">The future almost certainly looks different from the past, due to rising temperatures, more extreme weather patterns, and greater unpredictability in climate.<\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"> <\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">With much of sports betting dependent on reliable, programmable and often outdoor events, it appears that the risk of cancellation and disruption will remain for some time.<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">While this poses challenges for sports betting operators, they are not insurmountable.<\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"> <\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">With early adaptations and greater reliance on technology and data, these are issues that can be overcome and ultimately taken into account as another variable when setting quotas and pricing in markets.<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Climate change is happening and will continue to cause problems for the sports betting industry for years to come.<\/p>\n","protected":false},"author":1,"featured_media":3222,"menu_order":116,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[1392],"class_list":["post-4265","opinion","type-opinion","status-publish","format-standard","has-post-thumbnail","tag-climate-change-is-happening-and-will-continue-to-cause-problems-for-the-sports-betting-industry-for-years-to-come","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>This is how climate change affects players. - Mundo Video Entertainment | Casino News in Latin America and the World<\/title>\n<meta name=\"robots\" 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