What do you say we play a little game, huh? No, this time it’s not about online slots. Let’s play an eSports game or, if you would rather prefer, you can try your luck with skin betting. Not familiar with the terms? In that case, you came to the right place since we’ve done a meticulous research trying to find and compress the most important information regarding one of the biggest growth industries in the world of sports gambling. Here’s everything you ever wanted to know about eSports.
What is an eSports Game
eSports is an expression that stands for ‘electronic sports’. It refers to a game, played on a computer or a console. The game involves individuals or teams competing against other individuals or teams over the Internet. And that’s it? Well, not quite.
It’s no secret that competitive video gaming has been around ever since the first home computers were invented. Then, what changed? People played video games before. However, back in the days they didn’t have Internet. And that “little” invention changed the game.
eSports gambling market is estimated to be worth $900 million with a potential to reach around $30 billion by 2020.
Yup, the figures don’t lie. Even if you haven’t heard much about eSports betting until now, that’s about to change. According to a recently conducted research, there are more than one billion individuals around the globe who enjoy playing video games. That means that one person in every seven shares the passion towards video games.
Most of these players are what we call ‘casual gamers’. These are people who play games every once in a while, and they do it strictly for fun. Casual gamers take part in online tournaments and they also love facing each other in organized contests. Still, there’s another force in the world of eSports – professional gamers.
Can You Make Money as a Professional Gamer
Given the number of eSports gambling websites and the fact that millions of people have fun playing video games, it’s no wonder why some have decided to earn a living from eSports. Like in regular sports betting, pros are attracted by huge contests where they compete for millions of dollars in prize money.
To better realize just how far it all goes it’s enough to mention that professional eSports events such as big tournaments are frequently played in front of live audiences in major arenas and adequate venues.
If you thought that was it, hold your breath because there’s more. Besides live audiences eSports contests have become extremely popular to watch on streaming services such as Twitch and YouTube. What’s more, certain well-known broadcasters like ESPN decided to join the party showing tournaments on their channels. And that is why professional eSports gamers have jumped in.
How is eSports Gambling Different to Regular Sports Gambling
What happens when a sports gamer drops by William Hill, Bet365, Betfair, 10Bet or any other online casino that offers eSports gambling? Is it any different from regular sports betting? No, it’s completely the same. Like in traditional sports betting, you have a selection of sports, teams and players from which you choose your favourites.
There are no significant differences between eSports gambling and regular sports gambling.
If you break the entire gambling structure down to tiny details you’ll notice that the only thing that could be referred to as a difference is that in eSports you bet on persons competing in a computer game, while in traditional sports it’s about teams or individuals competing by using their physical and mental skills.
eSports Gambling is On Fire
Thanks to a rising number of popular eSports betting options including real money betting, skin betting, social betting, fantasy betting and challenge betting, this industry is already a very lucrative business.
Skin betting, for example, has a huge army of fans who enjoy using virtual currencies to buy, sell and swap items. That said, 7 Fun Facts about Cryptocurrency You Probably Didn’t Know is where you can find some cool trivia about virtual money.
At last but not the least, we have to say a few words about a major eSports tournament or leagues. Chances are you’ve probably heard of the League of Legends World Championships.
Also known as LoL in the circles of eSports and beyond, the League of Legends presents a multiplayer online battle arena inspired by Warcraft, a famous video franchise.
What do you think about the future of eSports betting? Is it going to become bigger than traditional sports betting? Share your thoughts at our forum. See you there.