Topic: Now I know why eSports prize pools go over millions of dollars! - page 5. (Read 964 times)
Well, esports tournament prize pool go over millions of dollars like Dota 2 is because of the game item sales like their battle pass in which portion of each battle pass sold will be added to the prize pool and there's also sponsors for the tournament. If your one of the players who participated in a esports tournament you'll surely earn lots of money if you win.
No wonder more and more businessmen invest in esports teams and esports betting companies like Player's Lounge. In case you missed it, Drake made a huge invested here, just some months after he invested in 100 Thieves, an esports apparel company.
Sponsorship is increasing for each team, each players and for the tournaments that has been conducted by each e-sport organization. In return of the investments, the sponsors are being advertised and their logo's are everywhere for each team, tournaments and streams that they agreed to come up with. The apparels is also part of the contract, that's the reason why they are investing to this industry because they want to garner more sales from the gamers all over the world. 
We are still talking peanuts compared to professional Basketball and Football players. Best players are easily making over 30 million_ a year through salary and endorsements.
Maybe eventually esports will became so popular that the best players will be pulling in similar amounts.
Its getting popular now because e-sports are already included in Olympics and consider as a sports already. The prize pools on e-sports are huge especially on the Dota 2 and that is why many players are really travelling around the world just to win the prize. We have a local team hear and they really win big on that competition, now they are already rich because of that. Maybe eventually esports will became so popular that the best players will be pulling in similar amounts.
Some eSports players became richer than some famous sports icons just by winning huge esports tournament prize pools!
https://www.bitcoinsportsbetting.co.uk/news/how-come-esports-prize-pools-go-over-millions-of-dollars/
https://www.bitcoinsportsbetting.co.uk/news/how-come-esports-prize-pools-go-over-millions-of-dollars/
I am a fan of Dota 2 so I already know this.
Esports are really surprising people as we all know, there are a lot of parents in our generation that thought playing games will not do good things on us, but well they are now a job for most of the professional esports players. I think a lot more of games will be added in esports, I don't like fortnite, tbh. In the future a lot more will be prized in esports.
No wonder more and more businessmen invest in esports teams and esports betting companies like Player's Lounge. In case you missed it, Drake made a huge invested here, just some months after he invested in 100 Thieves, an esports apparel company.
February 08, 2019, 11:06:44 PM
Some eSports players became richer than some famous sports icons just by winning huge esports tournament prize pools!
https://www.bitcoinsportsbetting.co.uk/news/how-come-esports-prize-pools-go-over-millions-of-dollars/
https://www.bitcoinsportsbetting.co.uk/news/how-come-esports-prize-pools-go-over-millions-of-dollars/
I am a fan of Dota 2 so I already know this.
Esports are really surprising people as we all know, there are a lot of parents in our generation that thought playing games will not do good things on us, but well they are now a job for most of the professional esports players. I think a lot more of games will be added in esports, I don't like fortnite, tbh. In the future a lot more will be prized in esports.
February 08, 2019, 10:53:41 PM
We are still talking peanuts compared to professional Basketball and Football players. Best players are easily making over 30 million_ a year through salary and endorsements.
Maybe eventually esports will became so popular that the best players will be pulling in similar amounts.
Maybe eventually esports will became so popular that the best players will be pulling in similar amounts.
you cant compare esports to real sports because esports are kinda new in the money making scene and players on esports dont always have a tournament while regular sports player do have many promotions aside from thier paid games . real sports were also popular and have more spornships compared to esports .
esports are more cooler though because we can witness how gamers make money by just playing thier favorite game .
February 08, 2019, 10:22:53 AM
We are still talking peanuts compared to professional Basketball and Football players. Best players are easily making over 30 million_ a year through salary and endorsements.
Maybe eventually esports will became so popular that the best players will be pulling in similar amounts.
Maybe eventually esports will became so popular that the best players will be pulling in similar amounts.
February 08, 2019, 09:51:54 AM
"Valve takes 25% of Battle Pass sales and dumps them directly into the annual International prize pool, generating millions of dollars of additional reward for pro teams while amplifying the stakes for both players and viewers alike."
So, they take money from their online subscribers and use a huge amount to promote those tournaments. It makes senses. Because a lot of players will play thinking that one day they could be the champions. It is a great marketing strategy.
Valve wont reach out on the place they are now if they didn't use up their minds to have a very effective marketing strategy.This is why we do see how they do boom up when it comes to E-sports.So, they take money from their online subscribers and use a huge amount to promote those tournaments. It makes senses. Because a lot of players will play thinking that one day they could be the champions. It is a great marketing strategy.
Dota2, CS:GO etc.
Technology do progress as the years goes by and its no surprise that esports gaming would boom up as well.
February 08, 2019, 03:34:10 AM
You can't underestimate eSports Industry and be shocked by the massive prize pool they got for the tournaments only. I've been playing online sports since I was a child and I really understand how much the companies that are established to make games earn from their creations.
Gamers tend to expense almost everything with games because of their passion for playing it. I myself spend a lot of cash in playing games without realizing games took off my emotions and commitment. DOTA 2 has big profitability because the Defense of the Ancients is very famous MOBA games ever since. They are the pioneer of multiplayer games with strategies online so they earned a lot from it. In the world, 5% of the people are gamers since the millennial generations. And it will grow more and more without us noticing it.
Gamers tend to expense almost everything with games because of their passion for playing it. I myself spend a lot of cash in playing games without realizing games took off my emotions and commitment. DOTA 2 has big profitability because the Defense of the Ancients is very famous MOBA games ever since. They are the pioneer of multiplayer games with strategies online so they earned a lot from it. In the world, 5% of the people are gamers since the millennial generations. And it will grow more and more without us noticing it.
February 07, 2019, 10:27:04 AM
For people who do not want to go into the article and read it and find the answer for this clickbait article. Valve uses 25% of all battlepass and so forth things income and put it on dota 2 prize pool and it was 25 million dollars (means valve had 100 million dollars in sale from the battle pass and still has 75 million after giving 25 mil to the prize pool).
Almost all places make money from micro transactions in these type of games, they could potentially make money from skins and so forth and get rich quicker but since the tournaments give them more returns and more PR and marketing etc etc it makes people play more and more and that is why spending 25 million on prize pool for dota 2 is actually a smart "investment" for valve since they wouldn't make even 75 million without the tournament.
Almost all places make money from micro transactions in these type of games, they could potentially make money from skins and so forth and get rich quicker but since the tournaments give them more returns and more PR and marketing etc etc it makes people play more and more and that is why spending 25 million on prize pool for dota 2 is actually a smart "investment" for valve since they wouldn't make even 75 million without the tournament.
February 07, 2019, 05:12:57 AM
So, they take money from their online subscribers and use a huge amount to promote those tournaments. It makes senses. Because a lot of players will play thinking that one day they could be the champions. It is a great marketing strategy.
True. Just here in my country too many aspiring players have been training and building their boothcamps. I've been involved in the old days of Dota (1) and it's completely different. Now that there's a support from the developer itself, creating minor and major tournaments that has bigger prize pool. This gives encouragement not just for the gamblers to stay focused on this game but most for the gamers to improve and aim higher that one day they'll be able to attend even one of these prestigious valve tournaments. February 07, 2019, 02:25:38 AM
Need to be lucky as well,if you want to be one among those richest gamblers.But don't get any intention to be one most likely it is not possible to happen anyway so just do if you can and see what you can make from it.
Better to have your own goals than thinking about how to become lile them. Many rich people are on the Esport betting, and they are able to raise that kind of money because they already have money for that. Its truly profitable but still a risky one, luck is still there. Rich gamblers are ordinary people before they achieve their success . they work to earn a cash and they use it as a capital to gamble . same from us . if our goal is to become rich thru gambling , we can also do it we the help of esports or even other kinds of gambling that does not usually depend on luck because they have a higher chance of winning .
February 06, 2019, 11:36:39 PM
No wonder how they can get that prize pools to go over millions of dollars because they can easily gather all players in all of the countries to join with the tournaments. The game was too famous among the player, and they can compete with the other people so they can win the prizes. With only paying a small amount, the player can enter the tournaments. Besides that, with so many interesting offers from them, I guess many players will join, and they will want to buy something from the tournaments, and of course, this is an income for the developer which they can use to increase the prizes. They have applied good strategic marketing to reach more and more players to come to them, and this is work well for the tournament too.
February 06, 2019, 10:27:13 PM
"Valve takes 25% of Battle Pass sales and dumps them directly into the annual International prize pool, generating millions of dollars of additional reward for pro teams while amplifying the stakes for both players and viewers alike."
So, they take money from their online subscribers and use a huge amount to promote those tournaments. It makes senses. Because a lot of players will play thinking that one day they could be the champions. It is a great marketing strategy.
So, they take money from their online subscribers and use a huge amount to promote those tournaments. It makes senses. Because a lot of players will play thinking that one day they could be the champions. It is a great marketing strategy.
February 06, 2019, 10:26:15 PM
Dota 2, LoL, Fortnite and CS:GO are some of the top games that bring out the hype in Esports industry. These are one of the factors why game companies able to achieved a successful crowdfund. And with the birth of PUBG, which is no doubt turned out to be one of the most playable games since it's inception, it does contribute more to the exciting environment in Esports world.
Need to be lucky as well,if you want to be one among those richest gamblers.But don't get any intention to be one most likely it is not possible to happen anyway so just do if you can and see what you can make from it.
Luck is just a side factor in Esports. The competition is all about strategy.
With these in-game items, people tend to buy lots and lots of them for the sake of looks rather than their performances.
Right! Individual and group strategy coupled with strong items bought in-game (definitely the expensive items give better player boost) are big factors contributing to a team's chance of winning the eSports tournament. And if an esports bettor is smart enough to do some in-depth analysis of the opposing teams odds of winning, chances are he'll get better odds as well of winning on his bet.
February 06, 2019, 07:25:39 PM
I understans how funding works here but still have this question, why are prizes so huge? Dota had 25 million usd and now as I see fortinite is going to fund 100 million usd. The reason of why I still have this question is that I don't know how others can enjoy esports over playing football, basketball, tennis and so on. It's amazing when you see messi's dribling, it's rewlly exciting but when I see dota, I have no idea how these people enjoy it, that seems very boring for me, it has poor graphics and so on.
Don't get it wrong, I just stated my opinion, don't judge anyone.
If you have been playing Dota 2 and purchased their battle pass yearly, you will finally understand it. To make it short, most of the main reason why the prize pool raise to that point is it's because most of the Chinese players are unbelievably purchasing lots of levels for their battle passes which helps them to fund for the prize pool.Don't get it wrong, I just stated my opinion, don't judge anyone.
https://variety.com/2018/gaming/news/the-international-2018-battle-pass-1202804348/
February 06, 2019, 06:54:46 PM
There's obviously luck involved in any sort of betting, but if you have good risk management you can mitigate losses and potentially make a profit. I've played CS:GO since around 2014 and I'm currently in the green overall betting on lower-tier competitions like ESEA Premier and Advanced NA playoffs matches as well as tier 3 matches and up. There's obviously no guarantee that you'll ever make a profit betting, but there are also methods like arbitraging that can make you a decent amount of money if executed properly.
February 06, 2019, 06:50:28 PM
Need to be lucky as well,if you want to be one among those richest gamblers.But don't get any intention to be one most likely it is not possible to happen anyway so just do if you can and see what you can make from it.
Better to have your own goals than thinking about how to become lile them. Many rich people are on the Esport betting, and they are able to raise that kind of money because they already have money for that. Its truly profitable but still a risky one, luck is still there. February 06, 2019, 06:44:47 PM
Dota 2, LoL, Fortnite and CS:GO are some of the top games that bring out the hype in Esports industry. These are one of the factors why game companies able to achieved a successful crowdfund. And with the birth of PUBG, which is no doubt turned out to be one of the most playable games since it's inception, it does contribute more to the exciting environment in Esports world.
Need to be lucky as well,if you want to be one among those richest gamblers.But don't get any intention to be one most likely it is not possible to happen anyway so just do if you can and see what you can make from it.
Luck is just a side factor in Esports. The competition is all about strategy.
With these in-game items, people tend to buy lots and lots of them for the sake of looks rather than their performances.
February 06, 2019, 06:38:50 PM
I understans how funding works here but still have this question, why are prizes so huge? Dota had 25 million usd and now as I see fortinite is going to fund 100 million usd. The reason of why I still have this question is that I don't know how others can enjoy esports over playing football, basketball, tennis and so on. It's amazing when you see messi's dribling, it's rewlly exciting but when I see dota, I have no idea how these people enjoy it, that seems very boring for me, it has poor graphics and so on.
Don't get it wrong, I just stated my opinion, don't judge anyone.
Don't get it wrong, I just stated my opinion, don't judge anyone.
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