Whichever way you look at it, eSports Betting is growing as it is big business these days. The biggest matches now attract hundreds of thousands of viewers, and the best players earn huge prizes for competing. As a fan, it is a lot of fun to keep tabs on your favourite players and watch as they match up against their biggest rivals in epic battles to the death for big money prizes. But did you know that you can also win money from their awe-inspiring performances too?
Few gambling markets are growing faster than eSports gambling today. Starting from absolute zero just a few short years ago, the sector has mushroomed in the last couple of years. In 2019, around $8 billion was wagered on the outcomes of eSports events, with the figure for 2020 set to increase this total even further.
In this article, we take a look at exactly why eSports Betting is growing so popular!
1. eSports Betting is growing
The eSports industry is growing at an incredible rate and is soon to hit a total market capitalization of $1 billion. It is estimated that the sport attracts over 300 million viewers every year. When you consider that this figure is up from 1.6 million back in 2011, this represents an incredible rise. This explosion in popularity has been driven largely by Asian markets in countries which now count eSports as their unofficial national sports.
2. Different Games
Unlike traditional sports, the parameters of which are dictated by the laws of physics and the physical ability of the players, there truly are no limits of eSports. This is demonstrated by the number of different types of games that you can bet on. While the main games are League of Legends, CS:GO and Dota 2, there are constantly new titles coming out with better graphics and improved gameplay.
3. Watch Games at Any Time
Since there do not need to be any special conditions for playing eSports, games are scheduled around the clock. This makes for some unique betting options when compared to traditional sports betting markets. You can settle down for a burst of betting-fuelled adrenaline whatever the hour, and when you have finished, you can replicate the action with your friends on your own console.
Due to the nature of the games, it is not uncommon to see massive upsets and stunning comebacks in eSports. Bookmakers are also not as familiar with the teams and players, meaning that there tend to be more opportunities to get one over on the people who set the odds.
Nothing is more annoying when you are training up to mix it with your favourite eSports stars than when your trusty console breaks down or malfunctions. If you have a Nintendo, the best way to track the repair process of your device is via the Nintendo repair status. You can keep an eye on exactly what is going on and when it will be returned to you so you can get back on your way to becoming a gaming master.