Esports has been slowly rising in popularity over the years and is now a million-dollar turning industry worldwide. In fact, it is estimated that the esports industry will reach 20 billion USD worldwide by the end of 2020. This is a significantly high amount, especially because the ESports industry is still largely considered ‘under the radar’.
So before we go into further detail about esports, it is important to know the type of games played in the esports sector. Here are a few that have gained popularity over the years.
●Call of Duty
●PUBG
●League of Legends
●Street Fighter
●FIFA football
●Dota 2
●Overwatch
●Battlefield
●Halo
●Super Smash Bros
●StarCraft II
●Rocket League
●Smite
There are so many others that are not mentioned but are widely available and popular.
So what is esports betting?
It is common for people outside the video game space to have even heard about esports, but might have even played it, or as a matter of fact, do even today. Esports is basically competitive video gaming. It involves a number of people playing video games against each other, and it has been going on for quite some time now. However, it is comparatively recently that this came to the attention of gamblers and esports betting was born. Esports betting, like any other form of a traditional form of sports, is betting on the outcome of the game. It is rapidly increasing in popularity and is very engaging and entertaining.
Esports betting gathers large live audiences as well. For example, in the 2017 Intel Extreme Masters World Championship Finale that took place at Katowice, Poland, there was an approximate 173,000 people watching it live – which is 100,000 more people than the Superbowl attendance that year. So it is evident that eSports is clearly on the rise.
Types of Bets
●Betting Outrights
This bet is the most popular form of betting in the esports industry, and it involves betting before the event starts. There are different ways to go about it. The most popular type is betting that one player will emerge victoriously. There are also bets made on which teams or players get to the next level of competition, while other bets are regarding which teams and players might get eliminated before the next stage starts.
●Match Winner
These are pretty clear bets: these are made on the winning player, whoever that may be. Depending on the odds of the game and the potential of the players, the bets on players and teams may vary.
●Totals
This bet is made on totals: total number of kills, the total number of rounds played, number of maps played, number of points etc. It is basically betting on the stats of the game rather than individual players and teams.