With millions of viewers across the world and million-pound prize pools in the top tournaments, esports is growing fast.
Esports is thriving in the sports betting world and finally getting the attention it deserves.
US universities are promoting esports teams and offering special scholarships to players worth millions of dollars.
Millions of fans all around the globe watch esports tournaments through live streaming platforms such as Twitch. Fans like to bet on CSGO, Dota 2, League of Legends and a range of other professional events. There is a vast variety of games and betting options to choose from. According to a statement published from Inside the Games, esports will be a part of the Paris Olympics in 2024. Esports teams have also partnered up with wagering websites to make huge profits.
What Is Esports Betting?
Most people are unfamiliar with the term esports betting, even though it’s been around for a few years.
Some of the infamous games players place bets on include Call of Duty, Overwatch, League of Legends and Player Unknown's Battlegrounds. Despite the fact that people have been playing video games for hundreds of years, esports has only recently caught the attention of serious betting enthusiasts.
Due to the involvement of professional players and the presence of great marketing strategies, esports betting is now a gigantic and serious business in different countries over the world.
How Esports Betting Works
Just like real sports, esports lets players bet on a team or solo players who they believe will win a specific match. There is a vast variety of games and betting options to choose from.
Types of Esports Bets
1. Betting Outrights
These bets are placed before an event begins. The bets are commonly placed on the one single winner of the competition or game.
2. Match Winner
A pretty clear bet, this is the type of bet gamblers place when they want to pick the winner of a given match.
3. Totals
In other words, this type of bet concerns a specific stat. Most commonly, people bet on total maps played, total kills, total rounds, or total points.
4.Odd/Even Betting
A risky proposition for many, odd/even betting is basically a bet on whether the sum of the two scores is odd or even. For example, in a CS:GO match, users can bet whether the total rounds won by a team are odd or even.
Now that you know how much traction esports betting is getting and the different types of bets you can place, will you be willing to place a bet on your favorite player? If so, which game would you bet on first?
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