Wagerr players see major burns in last week

Updated Jul 20, 2020 | Published Jul 13, 2020
[2 mins read]
Wagerr has posted its latest update covering the period of July 6 to July 12 with the blockchain sportsbook offering insight into its sports betting numbers over the period.
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The recent results covered 307 events in the week out of a total of 13,576 since the platform launched. The betting volume amounted to 3,3362,650 WGR in the period, with the net worth of all bets placed amounting to $93,171.

The Net Mint/Burn amount was -1,263,437 WGR. The biggest burn came on a drawn selection in the Arsenal vs Leicester City EPL game, seeing -212,272 WGR. Conversely, the biggest mint occurred on Burnley in the same league, fetching 72,241 WGR. Meanwhile, the most action went on the former Arsenal vs Leicester event, seeing 274,159 Wagerr tokens bet total.

Summing up the results, Wagerr had the following stats to offer:

  • $93,000 was gambled over the period
  • The action included 300+ events
  • Over 1.26 million $WGR was burnt
  • That was the 3rd largest burn to date

Wagerr admitted that the burns have been brutal for punters, although mints have stayed fairly consistent. Wagerr offered a better insight into what markets attracted the more interest, citing Premier League, UFC251, and La Liga as the main drivers of betting interest.

Now, Wagerr suspects that the NBA will be fast rising through the ranks in terms of interest. However, a lot may happen in the two weeks leading up to the actual start of the season. Many players are yet to take their COVID-19 tests, and if there are plenty of adverse results, some games or teams may need to reconsider plans.

Meanwhile, there are some great sportsbooks out there which are already offering quite a bit in the way of betting opportunities on all mainstream events. We recommend dropping by some of the bookies we endorse ourselves, including Cloudbet and Sportsbet.io.

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CGN senior journalist 

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