- Sportsbooks released odds if Netflix will have a global outage in 30 days.
- Coronavirus is forcing people to self-quarantine for up to two weeks.
- There are 167 million Netflix users worldwide.
LOS GATOS, Calif.— As the coronavirus pandemic continues to affect people around the world, people are being forced to self-quarantine and isolate for up to two weeks. For Netflix users, this could be a walk in the park. Or will it be the hardest two weeks?
Online sportsbooks have released odds for whether or not Netflix will face a global outage in the next 30 days. The use of the movie and TV show streaming platform is expected to increase, but the question lies in whether Netflix is ready for this demand.
With self-quarantining in full effect around the world, this could be the perfect time for the 167 million Netflix users to catch up on their favorite TV shows and movies while in isolation. But could the high demand shut Netflix down?
Fortunately for Netflix subscribers, oddsmakers don’t believe in an outage of any sort as they have listed odds in favor of no outage at -5000 and an outage at +1100.
Netflix as a company was built for something like this. They are big enough to be able to handle that much traffic throughout the day. It’s also not like people will be glued to their Netflix accounts either.
Even though people are at home, there are still people that need to work from home that don’t have time to watch Netflix all day.
Another factor that bettors should take into consideration when betting on the odds for there to be a Netflix outage is the fact that there are a number of other streaming services out there.
Like any other business out there, Netflix has its competitors. There is Hulu, Disney+ and Amazon Prime Video as well. Hulu has 25 million subscribers and Disney+ has 28.6 million subscribers in less than a year of operation.
Users have options if they want to switch from Netflix. This will help take some traffic away from Netflix and help ease the small concern there is for an outage around the world.
The odds for a global Netflix outage are spread out for a reason. Bettors should be able to bet on there not to be an outage in the next 30 days with ease.