Fantasy & eSports Betting
No matter how you view gaming, the eSports betting industry keeps on growing worldwide. Playing eSports is one of the biggest leisure activities in the world. It has a fan base from over 170 million frequent eSports viewers, and 222 million occasional viewers in 2018. In 2020, figures of 220 million frequent viewers and over 270 million occasional viewers due to people staying home. The eSports betting market continues to grow each year. The $1 billion valuation of the eSports betting industry of 2019, is estimated to exceed $2 billion in 2022.
2020 and 2021 drastically increased the numbers of people globally getting into eSports and eSports betting. The UK Gambling Commission reported that the eSports industry marked an incredible year growth of 2992%.
All forms of eSports have increased in popularity, which will accelerate betting on eSports. Esports could rival the popularity of more traditional sports, with more players choosing to bet on eSports along with traditional sports. Esporting events will continue to grow rapidly, and the betting market will skyrocketing as well.
The Future of Sports Betting
Top eSports stocks to buy right now according to Motley Fool
Activision Blizzard games consistently rank as some of the most watched on Amazon’s Twitch platform, and the company is targeting professional sports leagues that could bring eSports to the next level.…Details
Tencent Holdings Their status as a media corporation, with stakes in many leading gaming companies; such as, Honor of Kings and League of Legends, gives it exposure to the overall growth of video games and esports…Details
Take-Two Interactive eSports business is less developed than some other companies, but its NBA 2K basketball series is already successfully spearheading a push into eSports.…Details
Electronic Arts (EA Sports) as a video game publisher with a lot of audience crossover in sports leagues, such as Madden and FIFA. EA has taken a different approach in mobile eSports as well…Details
Companies investing in eSports
Companies are rushing to get a piece of this rapidly rising global market. The eSports industry is gaining popularity and chances are it will continue. The viewership of other people playing video games has showed impressive pull for spectator entertainment.
The market for watching professionals playing video games is growing rapidly. Engagement and investment in the entertainment category increased during social distancing conditions in 2020. The video game and eSports industries continued to spread its reach.
The industry’s uncertainty make growth difficult to forecast, and projections vary depending on how the eSports market is defined. Gaming hardware leader Nvidia estimates there are approximately 2.6 billion gamers worldwide, and the global audience for eSports is approaching half a billion people. Investing companies have taken interest in eSports, supporting these big franchises.
To read more about these companies and their investments, check out the Motley Fool website.
How eSports Companies Make Money
Esports companies earn money through broadcast licensing deals, merchandise sales, live-event ticket sales, sponsorships, and advertising. Companies can also sell exclusive rights to operate eSports teams within official leagues, and competitive gaming leagues can function as advertisements for the underlying franchises.
Welcome to
Esports Betting
Esports are any sort of competitive videos gaming played between individuals or teams. This differs from simple video gaming because, players are no longer competing against the computer but against other players.
Esports come in various genres and have completely taken off in popularity over the last decade.
Massive eSports tournaments with superstar eSports teams and players competing in front of thousands of screaming fans. Millions of viewers tuning in to watch on live streams such as Twitch.tv, YouTube Gaming, or Facebook Gaming.
Just like any traditional sport, the competitive gaming involved in eSports has opened up the world of opportunities to bet on them as well.
Esports and traditional sports betting are the same?
Esports betting may seem different to traditional sports betting, but you will see that a bet on eSports events are just the same as betting on soccer, basketball, or baseball.
How do you bet on eSports, and how do you win an eSports bet? It’s exactly the same as making and winning a traditional bet. Choose the eSport bet market you’re interested in, and check out the eSports odds, then place your bets. The advantages of eSports betting is that it’s more interactive with communities, live streaming, stats, social media, and more from the best esports bookmakers that makes betting on eSports such a great betting experience.
There are so many game genres, and so many great tournaments to choose from.
Betting multiplayer online battle arena (MOBA)
Battle arena games are very popular amongst eSports betting fans. Titles like Dota 2 and League of Legends are some of the biggest eSports in the world. Viewers streaming tournament finals like, The International and the League of Legends World Championship, you will see why these team-based games are perfectly suited for betting. There’s a wide range of battle arena games out there like, Smite and fantasy games like Warcraft being extremely popular. Numerous people made some decent winnings from these titles.
Esports tournaments
The eSports world holds some of the biggest sporting events in terms of attendance, viewership, and prize money. Reputable eSports betting sites will cover all of the biggest tournaments in-depth, and give you betting opportunities on smaller tournaments along with e-leagues around the world.
In terms of viewership, the League of Legends World Championship is huge, with over 3,985,787 viewers watching a huge 139,000,000 hours of competitive action and gameplay. The Fortnite World Cup and Intel Extreme Masters Katowice all have viewing figures in the many millions of hours. But when it comes to prize money, the leader is, Dota 2’s premier event, The International, which boasted a mind-blowing prize pool of $34.3 million in 2019.
Recent Years
How eSports betting works in the US
The popularity of eSports has seen major growth inside of the US. Statista projects that eSports viewership in the US will reach approximately 46 million by 2023. Viewership numbers in the US are growing, and the eSports betting activity are rising as well.
Try to become familiar with US betting laws if you are a resident and wish to place bets on eSports events. US betting laws are complex to learn, so take your time when reading through them.
Betting laws will vary state-to-state, meaning eSports betting is legal in some states, regulated in others, and illegal in the rest. Knowing these laws will help you navigate the eSports betting scene without worrying about bad decisions.
Regulations and licensing
Understanding the betting laws in the US could be difficult for some people. Most of the country believed that sports betting to be illegal. Even bookmakers that are well-known in the US are limited by state laws.
The good news is that state politicians are working to pass laws to loosen the restrictions on eSports betting. New Jersey is one of four states to make eSports betting legal.
The states where eSports betting is completely legal are Nevada, New Jersey, Tennessee, and West Virginia. Certain states regulate eSports betting, meaning that certain rules and restrictions apply, but is not completely illegal. The states where eSports betting is regulated include Arkansas, Delaware, New York, Iowa, Illinois, Michigan, Rhode Island, Montana, New Mexico, Oregon, and Pennsylvania.
No matter which state you live in, always make sure to do research on your state’s betting laws. Doing so will help you avoid potential complications with bookmakers.
US states that can bet eSports
Esports betting is 100% legal in Nevada, NJ, Tennessee, and West Virginia. Esports betting is regulated, but not 100% legal in Arkansas, Delaware, NY, Iowa, Illinois, Michigan, Rhode Island, Montana, New Mexico, Oregon, and Pennsylvania.
Legal age to bet on eSports in the US
The legal age to bet is 21 in most states while it is 18 in others.
Stay up to date with which states are now open to fantasy sports in the US. Check out the Fanduel map here.
Where can I bet on eSports? How to pick a eSports betting site
Once you’ve decided the eSports you want to bet on, then you will need to find eSports betting sites for every bet placed.
Online Draft Picks
Draft Picks
There are just as many fantasy and eSports gaming as there are traditional sports gaming. It works the same way, you first choose your players and/or eSports teams based on how well you anticipate them performing. You earn points/cash for their eSports performance in games, whether that’s winning a match or tournament or completing some predetermined goal. In the world of fantasy betting, the DraftKings have one of the best fantasy sports gaming on the market.
Fantasy Tournaments
Some betting sites focus on the biggest competitions for CS:GO, Dota 2 and LoL, whereas some dedicated betting eSports sites will have a constant range of pre-match and eSports live betting odds for more niche games. So be sure to do some research into the site to make sure that they cover your favorite game.
How to bet on eSports and the different betting options
There’s a growing range of online gambling sites that now facilitate eSports betting from traditional bookmakers like Bet365 and Betway, to dedicated eSports gambling sites like ArcaneBet and GG.Bet. Check out our list of bookmakers.
Fantasy betting
Fantasy Betting
With eSports betting, there’s more to bet on than basic real money betting. Various types of eSports betting have developed over the years. All aspects of the eSports industry are covered from competitive tournaments to Twitch streaming and even Skin gambling and trading. We will only discuss real money betting. This is the safest form of betting in our opinion. If you would like more information on the other forms of eSport betting, check out the esports.net website.
Real money betting
Money Talk
Real money betting is the simplest form of betting on eSports and is exactly like traditional sports betting. You basically pick the tournament or event you are interested in, choose your market and match, and place your eSports bet. Then is wait for the results. Job done!
Starting out
Betting eSports for the first time
To place your bets, you need to click on the desired odds that will be added to your betting slip. Then you have to decide how much you are willing to wager on your eSports bet. Most betting slips will automatically calculate your potential winnings for you. And once you’ve clicked on “place bet,” then you have to wait for your winning result to come in.
Once you’ve found a betting site who features your favorite game, you are ready to take your first eSports bet. You will have to register a new account with the gambling site by filling in a few personal details. Once you’ve verified your account, you will need to pick a payment method so as to make your opening deposit.
After you’ve set up your account and made your deposits, then you can scroll through the site’s eSports odds to find a match that looks like it could deliver a good payout. You should be able to toggle between decimal and fractional odds so as to see how much your bet could return to you. Just don’t forget, use a reputable handicapping service for expert betting tips before you place your bets and always gamble responsibly.
Other Sports Systems & Strategies
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Gamer Systems
Suggested tools are
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