Esports is a field that grows day by day, with an approximate of 130 million enthusiasts mostly from North Korea, China and USA, and it has become a new-ish market for the sport betting industry.
There are already international competitions around esports, including right here in our country of Malta, but a recent major event was held during the Summer Olympics in Rio de Janeiro, Brazil in 2016.
sports is an evolutionary process, even though we can see rules and regulations being put in place now, it wasn’t always like that and we owe this growth to the “Intergalactic Spacewar Olympics” in 1972 the event that set the stage to what eGames are today!
“Intergalactic Spacewar Olympics” took place at the Standford’s Artificial Intelligence Laboratory, by a group of 24 students. The prize? A year’s subscription to the “Rolling Stone” magazine.
And after that many other competitions took place like the Championship held by Atari in 1980 attracting more than 10,000 participants or the Nintendo World Championships tournament that toured 29 cities across the United States of America.
There have been many changes during this process like going from one player to full teams known as MOBA, or Multiplayer Online Battle Arena genre, but this is just the tip of the iceberg, changes will be happening for several years as popularity continues to grow.
“esports has matured over the past few years to the point that it is now on par with some of the leading major sports in terms of viewership, following and interest” said Alex Igelman, managing director of Gaming Research Partners, in a report.
Esports and Betting
Esports itself is already a massive industry that produced more than €300 million globally last year from media rights, merchandising, ticket sales and advertising, according to market researchers.
As it grew in popularity it turned the attention towards betting on the outcomes of competitions.
Enthusiasts on this sport are projected to wager more than €20b on esports by 2020, according to market research. From this betting pool, operators would produce around €1.5billion in revenue.
Betting on Esports
If you are interested in betting on esports, let me tell you that it is very similar to any online sports betting, all you have to do is to browse through the sports books and see what Games, Leagues or Tournaments are offering. The most popular games at the moment are League of Legends, Dota 2, Starcraft.
The good news are that betting sites are also giving bonus on your registration just like in any other sport betting. So, make your first deposit and redeem your welcome bonus or free bet. Even though we mentioned that it is quite similar to any other sport betting, we highly recommend reading term and conditions since it could have some specific changes.
There are even sites such as one in our company portfolio that will provide previews and predictions for events to help you get started betting on esports;
Esports are competitive, exciting, and passionate just as any other traditional sport events, with a live crowd and great energy.