The Rise of eSports
Who would have thought that something would grow from video games to one day become recognised as a “sport”? Esports, short for electronic sports, is a fast growing league of gaming that has more than 70 million viewers and is enjoying an upward trajectory in the bigger industry of online sports betting. Not a sport in the traditional sense, eSports has earned its name through the consideration of attributes like careful planning, skilful execution and precise timing – qualities inherent in actual sporting events. While the first ever gaming tournament was held in the 1970s and first-person shooters and fighting games hoisted the industry tremendously, what makes up for the crux of the eSport industry are games classed as multiplayers online battle arena games.
What is eSports Betting?
Quite simply conveyed, eSport betting uses the traditional model of sports betting and applies it to itself. Instead of placing a wager or a series of wagers on the ALF (Australian Football League) or something as commonly betted on as boxing, eSports has you betting on tournaments in which teams of video game players compete against each other mainly in multiplayer online battle arena games. Traditional online sports betting websites like Betway, 888 and William Hill have absorbed the industry and because these are regulated organisations, have made eSports a legal alley of wagering for real money.
How Big Is The Industry?
It’s big. Big enough to warrant the attention of all interested parties. In 2015 eSports generated revenue to the value of $748.8 million. Estimated revenue for the year 2018 is sitting as $1.9 billion.
Why is eSports Working?
ESports is a young man’s game and thus presents sportsbook companies and online websites with a whole new and younger market to appeal to. A new market with disposable income and of age of course (late twenties to early thirties) have been a strong driving force behind the need to make eSports as widespread as possible and as quickly regulated as possible. There’s also the fact that many sports betting websites also have online casino games and the thinking is to cross-sell these offerings as exciting alternatives to the eSports crowd.
Where to Bet on eSports
If you’re interested in this exciting and great alternative to the world of sports, then you’ll be pleased to know that a number of established and regulated online sports betting websites offer eSport, and these include:
- 888 Sport
- Paddy Power
- William Hill
Each of these operators facilitate online and mobile sports betting, provide great player incentives and are regulated, thus making them havens of safe betting. The following games are the most commonly touted within the eSports industry:
- Call of Duty
- DotA 2
- Heroes of the Storm
- Starcraft II
- Warcraft III
Easy Banking Options for eSports
ESports is big business and this type of sport has come into its own, so have the mechanisms required to make it regulated and available. Money always plays the largest role and if you’re going to place wagers on the next eSports tournament or event, you’ll want to do it with ease and with peace of mind. This is why the online and mobile sports betting operators that we endorse are equipped with all the ways and means you’ll need to move money into your betting account to wager on eSports and the means of receiving your wins when the time comes. Secure Socket Layer protocols will make sure that any info relayed within the confines of these operators is safe and secure.