Wagerr update shows return to normality

Updated Jun 10, 2020 | Published Jun 9, 2020
[2 mins read]
Wagerr’s latest report, dated June 1 – June 7, has shown a platform returning to normality, with results taking a tumble earlier in the year due to the COVID-19 outbreak.
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If May was still somewhat hesitant to mark an upward trend, the first days of June seemed promising, with 218 events bet on over the period. The betting volume reached 2,903,425 WGR, with a total net value of $86,588.

As to the biggest Mint/Burn, stakeholders saw a -632,256 dip, with the biggest burn happening on Eintracht Braunschweig with -301,185 WGR. The biggest mint came on Brondby with 108,497 WGR, and German soccer brought in the most action on Hellescher FC vs. Eintracht Braunschweig.

As of June 7, the WGR market cap stood at $4,4417,387. Wagerr has showed continued momentum in its updates, trying to communicate its latest developments and fill the vacuum of missing sports events with alternative markets to bet on.

Wagerr may take a while to return back to normal, but the platform has already showed great signs of resilience, bearing the brunt of the COVID-19 outbreak by adapting. Other crypto websites have also been very open to the changes in the industry occasioned by the mandatory suspension of sports.

FortuneJack and Cloudbet, for example, decided to adopt esports. mBitCasino, another respected crypto operator with a great welcome bonus, opted out of FIAT payment, taking the time to fully focus on native crypto gamblers first.

Wagerr is far from seeing peak results which were more regular during the time of a usual sporting calendar. However, with the sports world slowly returning to normal, the platform is in a unique position to come back with renewed strength and offer a better betting and gaming product to its players.

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CGN senior journalist 

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