August 22 2022

Could eSports Become The Most Popular Sports To Bet On?

Kids compare Tyler “Ninja” Blevins and his Twitch gaming streams to LeBron James and Tom Brady. They dissected each action the 26-year-old makes in the Fortnite battle royale game. They cite his kill ratios as well as his statistics. As they strive to become competitive gamers themselves, they model their play after his strategies and maneuvers.

According to estimates provided by Activate, a technology consulting firm, more than 450 million people watch esports each year. electronic sports, also called pro gaming, in which the vast majority of participants are themselves, active participants. ESPN The Magazine called Blevins gaming’s first “crossover star”. Just like the massively popular game Escape from Tarkov, he now attracts an average of over 72,000 spectators per competition, boasts a subscriber base of over 12 million, and makes over $300,000 per month from streaming.

Blevins is a gaming superstar, but there are many others like him, and that exclusive group is going to get even larger. Activate predicts that by 2020, more people will watch an esports final than watch a professional baseball, soccer, or hockey championship game in the United States. When that time comes, consumers will have logged 3 billion hours watching esports, representing ten percent of all sports viewing.

The Expansion of Electronic Sports

It is clear to even the most cursory of observers that esports have seen a meteoric rise in popularity over the past several years. The gaming industry has recently gained mainstream attention from ESPN and other media giants.

But to what extent has participation in esports grown widespread? According to data from Roundhill Investments, competitive gaming has surpassed traditional sports in terms of viewership.

Roundhill warns that comparing traditional sports like baseball and football to digital competitions like esports is unfair. Even now, the former attracts many “occasional viewers,” or people who only watch once every few weeks or months.

Esports

Despite this, 233 million viewers fall into the “enthusiast” category, which indicates that they watch the show more frequently than once a month. Newzoo projects this number to reach 293 million by the year 2023.

Esports are distinct from traditional sports in that they are not confined to a single geographical location. Instead, people from all over the world, all the way from Siberia to California, tune in to see them.

When compared to sports like baseball, tennis, cricket, soccer, and football, which are more prominent in certain regions or continents than others, this is not the case.

Bookmakers Are Now Paying Attention to Electronic Sports

Sportsbooks make money by offering odds on whatever their consumers want to bet on. Should there be sufficient interest, they will begin taking bets on table tennis.

As a result, online bookmakers have not had any issue incorporating esports into their offerings. In fact, the latter attracts a large number of streaming spectators.

Once upon a time, the world of gambling looked down its nose at sports betting. However, over the course of the previous ten years, it has undeniably altered his tone. However, bookmakers do not require a major tournament in order to provide esports betting as a standalone product. Additionally, they offer esports lines for lesser competitions and leagues. It is very important to choose a trustworthy gambling site where you can place your bets so that you will be safe while doing so. This will only help out in the overall betting experience.

Why Are Esports Popular

The Odds

Because most online bookmakers lack Esports education training, they can occasionally mistake the odds. As a result, even those with zero gaming background are willing to give eSports a try because the odds are so much better than in traditional sports. While this is often the case, there are always outliers, so it’s always a good idea to shop around before committing to a single bookmaker. Don’t worry, almost all gaming websites allow their customers to wager on Esports.

Live Streaming Options

You are surely aware that gambling websites utilize a variety of betting options in order to attract the greatest number of new customers possible…Other bookies, on the other hand, collaborate with the most popular online platform for live esports streaming found anywhere in the world. As a result, consumers are able to watch some of the most important tournaments in real-time and can utilize this information to their advantage when they begin betting.

The Bonus Payments

Some online bookies are aware of the significance that esports play in the gaming business, and as a result, they strive to provide an exceptional betting experience for their customers. Because of this, they frequently provide them permission to participate in a wide variety of exclusive promotions. It is interesting to note that most esports prizes are temporary, meaning they are only valid for a specific competition. Don’t be shocked if there are no permanent benefits for you to claim.


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Author

Elle Gellrich