Whether you're a normal sports bettor or trying to find something else entirely, listed here are five important things about betting on esports.
Esports is often a booming industry, which produced over $1bn in revenue in 2019 alone. Not only that, these days professionals compete in multi-million dollar tournaments that happen to be watched by lots of people worldwide.
As with any sport using a big following, it doesn’t take very long for those to wish as a way to bet onto it. Fast forward to 2020, plus a quantity of large bookmakers and exchanges offer extensive esports categories which you'll want to wager on.
With that said, listed here are five explanations why esports is a superb option.
It’s a growing market place
In spite of the jaw-dropping numbers, esports is still very much in its infancy, particularly if you compare it for the likes of football or horse racing. There’s no sign of the development stopping either, together with the participation and audience numbers continuing to rise year on year.
Also, compared to other other sports, it could be played all year round, meaning there’s no need to await season to begin. In addition to that, but there are many different games within esports, from League of Legends and Dota 2, to of Duty as well as Rocket league - meaning there’s something for everyone.
Which means that now's an opportune time for it to learn the ropes and get in it, allowing you to a sharper bettor than most before it becomes mainstream.
It’s accessible
As there are top-level esports clashes going on all year round, finding something to watch couldn’t be easier - especially as regular matches and even big tournaments are streamed at no cost on various websites for example Twitch. This can be in stark contrast to classical sports that can often require you to subscribe to a costly service or platform.
The reality that esports are so easily accessible has ended in massive viewing numbers because of their tournaments - in 2019 the League of Legends World Championship taken in 100 million viewers alone.
Precisely the same, but different
What can be surprising to the people who are unfamiliar with esports, is most of the markets on offer are identical to the markets you'd probably find on your average football match.
By way of example, you may well be considering betting in your first Dota 2 match, but locate market referred to as “Moneyline”. This can be the just like the “winner” market on football matches. There’s also a multitude of handicap bets, equally as there are in football - and in many cases “first blood”, which is that you bet with a certain team to obtain the first kill in the match, like the first goal scorer in football.
It is possible to bet on esports with cryptocurrencies
Following your much-needed crackdown on “skins betting” as it’s known, which is wagering of in-game items rather than money, some websites made the move over to presenting the cryptocurrencies. This could vary from known ones like Ethereum to more specialist cryptocurrencies like SkinCoin. This provides different options to bet, and makes the marketplace even more accessible.
There’s always something totally new
The games which can be used for esports are like another piece of software, meaning they are constantly re-evaluated and maintained, with developers making changes and improvements for the gameplay. This could result in new characters, items, abilities and even stages/maps being tweaked - meaning there’s always a new challenge to have enthusiastic about.
As well as this, new games will always be in production, creating an ever-changing landscape that's almost easy to get bored of. So, whereas most mainstream sports stay mostly the same, esports are invariably evolving, keeping it interesting for gamers and bettors alike.
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