Esports eSports Betting

The origins of eSports can be dated back to 1971 in an event when interdisciplinary students participated in a vintage Spacewar game. While it was not an eSport per se, it paved the way for the first competitive gaming event, the 1980 Space Invaders Championship.

But for betting, it was not until the start of the last decade that eSports betting became a reality. This was at a time when the competitive video game scene started to host online multiplayer tournaments. So betting could have been featured in the gambling scene earlier.

Still, there were concerns that most of the players who enjoyed eSports were under 18, meaning they were not allowed to gamble. What's more? Video games was highly unregulated, so match rigging issues would arise.

But with the popularization of eSports teams, things took a different turn. First, eSports grew more popular, attracting even adults who were legally allowed to bet. Then came huge sponsorship deals and enormous viewership that took competitive video gaming to the next level.

Live esports betting has become a very popular method for esports bettors. It is a very exciting way to bet.

Esports is a competitive pastime where professional players have contracts and hefty paychecks, just like traditional pro athletes. There are plenty of top tournaments that attract millions of dollars in prize money.

Bookmakers, on the other hand, have tapped into the ever-growing demand for eSports bookmaker era. Operators are rushing to offer players the latest eSports markets to supplement virtual games, which lack that human touch.

From all indications, bet on esport is among the fastest-growing categories in the entire online gambling industry.

According to the recent numbers, the online video game betting market size is expected to hit a whopping $205 billion by 2027. Interestingly, there were over 6.5 million eSports bettors in 2020. Of course, the number of video game bettors has shot up now that eSports is the newest kid on the block in the sports betting world.

There are a few tips for players who are new to this scene to help them get started.

The first talking point is about bookmaker selection. To start, not all sports betting sites have eSports betting markets. So, after finding a few esport bookies, players must check whether they have the particular video game they want to bet on. Other considerations include licensing and regulations, banking options, site usability, and promotions.

Another tip; bettors should acquaint themselves with the rules and gameplay of the eSports games they want to bet on. Many bettors make the mistake of betting on games they hardly understand. The rules and regulations, betting markets, and betting odds should be at all bettors' fingertips.

Third, gamblers should follow the latest developments in the eSports game they are betting on. Find out which are the best teams of the moment in League of Legends, Fortnite, Rainbow Six Siege, CS: GO, or any other games. Of course, the teams' recent run also matters.

Lastly, when it comes to sports simulation games, don't blindly bet based on the team a professional player is gaming with. In eSports, it's not about the greatness of the team the player is using in the real world. Instead, the outcome of a FIFA or PES game in eSports is determined by the pro player's skill level.