Russians Betting Less This Year

Average bet sinks by equivalent of $4.13

The Russian bookmaking firm Rub90 has claimed following a statistical review that the average Russian punter is spending less this year, speculating that a weaker Russian currency and struggling economy may be having an impact.
The company found that the average bet in the first quarter of 2016 was, at the equivalent of $11.39, around $4.13 lower than the comparable period in the preceding quarter 4-2015.
Football remains the most popular sport to bet on in volume terms, but also experienced the biggest decline in the average size of bets, dropping from the equivalent of $19,27 in Q4-2015 to just $12.29 in Q1-2016.
In average value terms, basketball attracted the highest average bets at $14.57 among a range of sports that included volleyball, hockey and handball in addition to football.
After football, basketball is currently the most favoured sport among Russian punters.
Rub90 noted that in-play betting continued to rise in popularity in Q1-2016, comprising 75 percent of all wagers in the quarter, with especially high volumes in the very early hours of the morning.

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.

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