Esports in Sports Betting

With the increase of online gaming, Esports has become an increasingly famous form of entertainment for game enthusiasts and spectators alike. Esports betting in online casinos has lately been thriving. Many online casinos now feature loads of esports video games for gamers to bet on, such as League of Legends, Dota 2, and Counter-Strike: Global Offensive.

Esports betting sites has become a rewarding enterprise, with millions of dollars being exchanged each year. The potential for an increase in this quarter is staggering as more enthusiasts turn out to be inquisitive about online gaming and esports betting. With the expansion of the casino industry and the rise of esports. Having a bet on Esports will likely end up being an even larger trend within the years to come.

The Effects of Esports on the Online Casino Industry

While several industries needed to undergo several changes within the past years because of the covid-19 pandemic, the Esports and iGaming sectors have endured to thrive no matter the numerous demanding situations.

The rapid growth of the Esports betting industry is not a surprise. The international Esports betting statistics market became valued at $5.5 billion in 2020 and is predicted to surpass $13 billion by 2025. On the other hand, the net online casino gaming industry is located at over $75.41 billion by way of 2021 and could probably surpass $92 billion by the end of 2023.

Esports Betting Markets

Online sportsbooks have viewed Esports the same way as Bitcoin. Bookmakers have noticed the popularity of Esports in no time. Not to mention the wild loyalty of the Esports enthusiast.

Sports betting has also become part of Esports popularity. But despite numerous video games in the industry, the competitive Esports is much narrower. The most popular games are:

• League of Legends – Two opposing teams fight in an arena. Each team is composed of 5 players and each one plays a role. The goal is to bring down the enemy base. Match betting is the most common betting method.
• Dota 2 – There are 5 players in each team who compete on one map in order to take down the opposing team base.
• Fortnite – A multiplayer Battle Royale shooting game. This game was released in 2017 and has taken over the industry since then.
• Call of Duty – This is a first-person multiplayer shooter type of game that is based on WW. A common in this type of game is the Match bets
• Player Unknown’s Battlegrounds – This is a free-for-all Battle Royale same as Fortnite. The winner is determined based on who is the last man standing.

How to bet on Esports

It’s time to get in action now that you know more about the prestigious Esports. Placing a wager on an Esports online betting site is in fact the same way as betting on any other sports like football or basketball.

First, you need to register an account and go the the Sports menu in your chosen bookmaker. Make sure to read every offer and comply with the terms and conditions so you don’t miss out on any bonus. Bookmakers usually present major events and tournaments taking place throughout the year. However, bookmakers also offer different markets at the same time.

When you’re interested in a specific event you can then place a bet and pick a betting method. Esports has several betting methods and below are the most common options when betting in Esports.

Match Winner

You can start with this method as this is the most straightforward method of betting. This is the most common betting method and the bread and butter of Esports. Don’t be fooled by how straightforward it is as you will need to predict who will win the match before it starts.

Tournament Winner

A tournament bet could be the one for you if you like playing in long-game tournaments. This is a great way to support your favorite team or player as this can be made in advance before the event takes place. This could be the most satisfying method if you are ready to put in some research time.

First Map

This kind of betting method is popular among games such as Counter-Strike and other first-person shooting games. This is all about which player or team wins the first map. This method of betting is great especially when a team is on a winning streak, or has the capability for t making out the first map.

First Kill

This is a method offered by bookmakers where you bet on who is going to get the first blood, or first kill in the match. Researching or knowing who the best players in the team are can help you with the odds of winning the bet.

Odd or Even bets

This is the same method of betting just like in basketball or football wherein you predict if the score is even or odd. Factors could be rounds, number of kills, or maps won. This method highly relies on luck rather than research.

Under or Over

Just like in other sports, Under/Over bets are also available in the Esports betting industry. Esports bookmaker offers odds based on the result of the match whether it ends up above or below. A good example is the totals, whether it will be greater or lesser.

Conclusion

The Esports have been growing in tremendous rate and its growing as the years go by. Value of Esports has incrediby growing and good example of this is Fortnite prize pool that reached more than $100 milion in just one year. We are looking at an industry that could become the biggest sport in the world with it’s growth in revenues.