eSports is more serious, with organized competitors from different leagues, abilities, and teams. Think of it like soccer: there are many different leagues playing off against each other.
Well, just like regular sports, you can actually bet on eSports. To bet on eSports, you must know about the games you’re betting on, as well as the teams and leagues that will be playing. Otherwise, you may not get your money back!
Popular games involved in eSports are League of Legends, Dota 2, Fortnite, Counter-Strike: Global Offensive, and StarCraft II. There are various games all the time with teams from all around the world with varying sizes.
How Popular Is eSports?
eSports has gradually been integrated into popular culture, and it is a popular way to watch and bet (see also ‘Is It Legal To Bet On Esports?‘) on sports, as well as being entertaining!
Global investors, brands, and large media companies are all getting involved with eSports, and there is also a lot of money in eSports.
It is estimated that in 2020, over 430 million people watched eSports events around the world. This was a 10% increase in comparison to the year before.
Is eSports Profitable?
eSports is one of the most profitable aspects of the gaming industry. Some of the biggest and best teams and organizations within eSports are making millions of dollars per year.
This ois because of sponsors, branding, teams, streaming earnings and game partnerships. All in all, eSports is profitable, but it is a slow burner.
In order for eSports to be profitable, it has to have had some team and organization recognition in order for people to be interested in partnering with teams and watching competitions.
What Games Are There In eSports?
There are various games that are popular in the eSports community, and they are some of the most common games to play when competing in competitions. This includes:
What’s The Difference Between eSports Betting And Traditional Betting?
The difference between traditional sports betting and eSports betting is that eSports tends to be more involved and interactive in communities and organizations.
This is because the eSport market relies heavily on younger people, and brands and organizations. eSports is more interactive with streaming and streamers, social media platforms, eSport celebrities and gaming platforms.
This is different to traditional sports because eSports is able to gain more online and live traction by people all over the world.
eSports betting is quite similar in principle in comparison to traditional sports betting.
What Are The Different Categories In eSports?
In eSports, there are different types of games in different categories. The teams and players will mostly differ depending on the category of the game happening.
There is the online battle arena category, the sports simulation category, the first-person shooter category, the fighting category, and the real-time strategy category.
Is eSports Betting Legal?
This is a question that has been asked for years. Many countries, including the UK and lots of Europe, do not have any regulation on eSports betting. This means that they can bet what they like, where they like, on who they like.
However, certain states in the US prohibit the idea of gambling and betting, with sports betting being completely banned in certain areas.
For this reason, the eSports betting industry is only saturated with a handful of bookmakers, who are waiting for the laws to change.
eSports betting is only completely legal in New Jersey and Nevada, but a few states offer regulated betting.
This includes Oregon, New Mexico, Rhode Island, Mississippi, Illinois, New York, Arkansas, Iowa, Washington DC, Delaware, Montana, and Pennsylvania.
How Do I Bet On eSports?
Well, because there are many categories of eSports, there are different ways to bet. It’s a simple process, but there are things you need to understand when betting on eSports.
This includes information about bookmakers, odds, sports books, and payment and banking information.
Firstly, there are sites specifically set up for you to bet on eSports. This includes 888Sportbook, Betway, GG.Bet, Draft Kings, and Unikrn.
Betting on eSports using these sites is different per state you are in, but you are able to select different modes for your convenience.
Fantasy eSports betting is a safer and more common alternative, which is something you can do on the above sites.
With these sites, there are a wide range of options for you to choose from when you start betting on eSports. You will often receive a free bet and a match deposit bonus up to a certain amount.
Once you choose your competition to bet on, the rest is pretty simple, and it completely depends on the site you are using to place bets.
Betting on eSports is exactly the same as traditional betting, and you make and win a bet in the exact same way!
For popular games such as Fortnite, PUBG Betting will be your best bet, and Dota 2 Betting will be the best for the MOBA category.
What Teams Are The Best To Bet On?
There are a group of eSports competitors that are the best in the country. They are some of the most meticulous teams, and their members are often sought after by fantasy eSports fans, especially in League of Legends.
Some of the best teams to bet on include Cloud9, Evil Geniuses, Optic Gaming, and the popular Faze Clan.
Final Thoughts
eSports betting is much like traditional betting, but with different processes and sites.
eSports betting is regulated by the government in certain states, making it quite difficult to know how to bet on eSports. We hope our article has helped you understand how eSports betting works.
My name is Ashley Newby and I want to put integrity back into esports and get the hype surrounding them paramount once more. During my teenage years, I happened to stumble across a Street Fighter tournament online and I was hooked.
From that day, I have kept up with and watched many tournaments including Valorant, Super Smash Bros, and League of Legends. I even got to compete in my first one earlier this year!
