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Topic: The Rise of eSports Betting (Read 399 times)

sr. member
Activity: 882
Merit: 355
Duelbits
May 02, 2024, 04:23:25 PM
#56
Lately, many teenagers spend their daily lives playing analog moba or online games, such as MLBB, PUBG and other online games, as well as children who are still at an early age, they are starting to be introduced to online games. So that makes E-sports more and more popular day by day, it's just that they don't place bets, and unlike adults, they not only play games but also place bets.

And with this popularity, indirectly E-Sport is now starting to be recognized by the world, even now E-Sport is presented at major events such as the Asian Games. And with many fans all over the world, E-Sport has become a fairly profitable industry, so many parties are looking at it, such as sportsbooks and online betting sites.
sr. member
Activity: 266
Merit: 217
May 02, 2024, 03:24:52 PM
#55
eSport is getting popular I dont know since when but since Covid 19 Hit I believe the rise of the esport is began get recognized from people around the world What began as casual competitions among friends and now has evolved into a multi-billion-dollar industry so this growing popularity has naturally attracted the attention of both traditional sportsbooks and dedicated eSports betting platforms and now become a mainstream. I heard the news that eSport player nowadays can get a ton of benefit by joining some top clan and do tournament in it. Olympic and Asian Game now also has esport

when you can have win or lose red or blue team there will be betting in it haha
It’s about time for the eSports to get the spotlight and also the recognition, it has been a great years for them and I believe with the growing support and the growing players, they might hit the main stream as well. Since the pandemic many reset their lives and playing online seems to be there only option to have fun during that time and yeah probably that scenario affects the popularity of eSports, I’m into eSports as well and I can tell that its really fun to bet and play at the same time.

The Covid 19 pandemic really helped a lot of people embrace online activities instead of the physical activities a lot of people have been used to. Sports betting and gambling in general wasn't an exception. Since then, eSports betting has gained more popularity than it used to. With all the features and varieties eSports betting has to offer which has made betting more a fun activity, we cannot argue the fact that eSports has come to stay and the gambling platform will continue to upgrade until people gain full confidence in it. Gambling in general will continue to undergo series of revolutions until it becomes a common game or activity in every household.
This was exactly what was on my mind, COVID-19 made many people stay indoors because people wasn't allowed to go closed to others and because of the fears many people were scared to go out and it also help many other people in the society to use the Internet and made their own business. Anything that have good also have bad, as the COVID-19 helped some people so it also made some people to lose their life and few people that's not lucky died because of the virus.
The report has been in existence since the year 2000 and I believe this link can tell us little about how it started. Although the esport is an electronic game, if gamblers are not winning from the games esport provide it wouldn't have gotten this far as gamblers needs were they will win money.
donator
Activity: 4718
Merit: 4218
Leading Crypto Sports Betting & Casino Platform
May 02, 2024, 03:01:58 PM
#54
It seems like gambling is on the rise everywhere, not just in esports. Dave and Busters recently announced that they’re going to start letting adults gamble on their arcade games. This is a pretty huge thrust of gambling into the entertainment scene. I don’t think it’ll be long before people can boot up their Xbox and bet on themselves in a Call of Duty round.
sr. member
Activity: 532
Merit: 390
May 02, 2024, 02:59:13 PM
#53
Esports Betting is on the Rise
It’s all about data
The issue with traditional sports, from both a bookmaker’s point of view and the point of view of a sports bettor, has to do with data. For example, data regarding what happens on a football field must first collate and then be distributed in a specific manner.

Report is fast rising indeed just as we already have in online gambling in general, people want to have something new to see and use, they want to have a better and improved gambling experience, all these are what constitutes what has been behind the reason why esport is becoming more popular than before, all information regarding it could be gotten and verified, things are being made plain and every session of the gambling or sporting activities could be gotten data for
hero member
Activity: 1582
Merit: 689
Leading Crypto Sports Betting & Casino Platform
May 02, 2024, 02:48:00 PM
#52
The surge in e-sports has indeed occurred; This has been the case in recent years, and COVID-19 may have even thrust the industry further into the limelight. What may have been the informal beginnings of e-sports among friends globally is now emerging as a billion-dollar industry, attracting interest from a variety of parties, including traditional sportsbooks and e-sports betting platforms.

With continued growth and greater recognition, it seems that e-sports will remain firmly established as part of modern sports culture, and will become an issue in itself that is interesting enough to spread to global platforms.

I agree with that that eSports Betting is now getting continued growth and greater recognition and now become as part of modern sports culture and I don't see the trend getting down from now on.


With the current situation and looking at the interest of young people who are still crazy about games, currently I think that in the next few years this will become stronger in terms of interest.

In the country I live in now, lots of teenagers are starting to make a big splash in terms of e-sports, especially now that there are several competitions in the MOBA world.
Even though this has a slightly negative effect on development because the hype of e-sports is not only for adults but also for children, things like this cannot be avoided because e-sports is currently in extraordinary hype and is difficult to reduce. just like that.
But even so, in a situation there is definitely a negative side and a positive side, it depends on how we respond to what happens, so in this case I think the role of parents is that if their child really likes playing games, they need to limit this properly, even though nowadays e- sport is still very popular but it must be suitable for their age and if they are still too young it would be very good if limited.
full member
Activity: 280
Merit: 190
The great city of God 🔥
May 02, 2024, 01:36:08 AM
#51
The reason for this is the way they have used technological advancements and social media to reach out to a lot of persons, to gamble has gotten a lot more easy and private as you only need your phone and data connection to gamble and you dont need to be tagged as a gambler anymore  or looked in a way by the society, so yeah they solved the problems of traditional gambling system in a way hence why they are most preferred in this era. And another thing is how huge and life changing amounts people can win so its a drag to lots of poor people and has also a lot of testimonials popping out of it.
You are right technological advancement has taken over the world and sport betting has been on the rise. and it has has made the society to look innocent to the extent that you wouldn't know who is a gambler or a gambling addict. You will just be in the comfort of your zone with your mobile phone and data and be doing your thing. You may even win a jackpot at home without anybody noticing and also lose a huge fund and die in silent. Its vise versa that why we should apply caution to it and know our boundaries.
sr. member
Activity: 1400
Merit: 340
May 01, 2024, 10:58:34 PM
#50
eSport is getting popular I dont know since when but since Covid 19 Hit I believe the rise of the esport is began get recognized from people around the world What began as casual competitions among friends and now has evolved into a multi-billion-dollar industry so this growing popularity has naturally attracted the attention of both traditional sportsbooks and dedicated eSports betting platforms and now become a mainstream. I heard the news that eSport player nowadays can get a ton of benefit by joining some top clan and do tournament in it. Olympic and Asian Game now also has esport

when you can have win or lose red or blue team there will be betting in it haha
It’s about time for the eSports to get the spotlight and also the recognition, it has been a great years for them and I believe with the growing support and the growing players, they might hit the main stream as well. Since the pandemic many reset their lives and playing online seems to be there only option to have fun during that time and yeah probably that scenario affects the popularity of eSports, I’m into eSports as well and I can tell that its really fun to bet and play at the same time.

The Covid 19 pandemic really helped a lot of people embrace online activities instead of the physical activities a lot of people have been used to. Sports betting and gambling in general wasn't an exception. Since then, eSports betting has gained more popularity than it used to. With all the features and varieties eSports betting has to offer which has made betting more a fun activity, we cannot argue the fact that eSports has come to stay and the gambling platform will continue to upgrade until people gain full confidence in it. Gambling in general will continue to undergo series of revolutions until it becomes a common game or activity in every household.
Gambling is already a household thing because a country like Brazil had to start taxing bettors and gamblers in the country some percentage from their winnings and that's  in a bid to limit the activity of gambling and any betting activities.
 
No doubt about eSports and betting becoming more prevalent in the society today and well, am happy the ills that Covid 19 brought is somehow a blessing in disguise for new initiatives like the the block chain, virtual reality and online gaming and for those of us who thought that PS5 was a huge step, although not very popular for gamblers and bettors, it has sure made the betting and gambling on these online sites more patronized.

Esports to many is a good career line and no unfit person can make good earning from it. The world has developed pass the stage of depending on white collar jobs to earn. We are in the future and when crypto currency is mentioned, virtual reality environments that covers the subject of eSports and betting, has more than paved a new direction for independence and financial freedom.
copper member
Activity: 1988
Merit: 905
Part of AOBT - English Translator to Indonesia
May 01, 2024, 09:27:04 PM
#49
SNIP
Just like the traditional athletes, esports players are well compensated depending on the organization or team that they are part of.
The more sponsors their organization gets, the more money they get and that means stable money for them. There's not that much different for how they earn money aside from the tournament prizes and sponsorships.
They could also have their own personal brand deals and I think that the pandemic as well did really drove more people into esports that means more computers, and demand of it and means more money in the actual gaming scene.

esports players are well-compensated this is very true I just do quick google searched and Esports players can earn well, with the top players making millions of dollars per year. The average salary for esports players is $50,000–$60,000 annually, not including tournament prize earnings. However, salaries vary by team and player, and can depend on the player's ability, the game they play, and other factors. Tho it depend on many factor but still  the make a good money from it

It’s about time for the eSports to get the spotlight and also the recognition, it has been a great years for them and I believe with the growing support and the growing players, they might hit the main stream as well. Since the pandemic many reset their lives and playing online seems to be there only option to have fun during that time and yeah probably that scenario affects the popularity of eSports, I’m into eSports as well and I can tell that its really fun to bet and play at the same time.

and now there is betting for esport so the spotlight and recognition are not gonna stop here and the grow will be tremendous just wait and see for now

The surge in e-sports has indeed occurred; This has been the case in recent years, and COVID-19 may have even thrust the industry further into the limelight. What may have been the informal beginnings of e-sports among friends globally is now emerging as a billion-dollar industry, attracting interest from a variety of parties, including traditional sportsbooks and e-sports betting platforms.

With continued growth and greater recognition, it seems that e-sports will remain firmly established as part of modern sports culture, and will become an issue in itself that is interesting enough to spread to global platforms.

I agree with that that eSports Betting is now getting continued growth and greater recognition and now become as part of modern sports culture and I don't see the trend getting down from now on.

newbie
Activity: 2
Merit: 0
April 30, 2024, 03:27:23 AM
#48
I try to stay informed enough about different sports and I am active enough about sports so when I start gambling I will definitely do online betting. Since gambling on casino sites is largely based on luck, I don't find this game reliable at all, but I definitely find it reliable where I can apply my skills. Online betting must be safe and acceptable for me as I have to apply my own skills in team selection.
member
Activity: 154
Merit: 44
Bitvest.io★ Play Plinko or Invest!
April 29, 2024, 07:43:25 PM
#47
The reason for this is the way they have used technological advancements and social media to reach out to a lot of persons, to gamble has gotten a lot more easy and private as you only need your phone and data connection to gamble and you dont need to be tagged as a gambler anymore  or looked in a way by the society, so yeah they solved the problems of traditional gambling system in a way hence why they are most preferred in this era. And another thing is how huge and life changing amounts people can win so its a drag to lots of poor people and has also a lot of testimonials popping out of it.
sr. member
Activity: 420
Merit: 252
My post made philipma1957 wear signature
April 28, 2024, 06:24:08 AM
#46
eSport is getting popular I dont know since when but since Covid 19 Hit I believe the rise of the esport is began get recognized from people around the world What began as casual competitions among friends and now has evolved into a multi-billion-dollar industry so this growing popularity has naturally attracted the attention of both traditional sportsbooks and dedicated eSports betting platforms and now become a mainstream. I heard the news that eSport player nowadays can get a ton of benefit by joining some top clan and do tournament in it. Olympic and Asian Game now also has esport

when you can have win or lose red or blue team there will be betting in it haha
It’s about time for the eSports to get the spotlight and also the recognition, it has been a great years for them and I believe with the growing support and the growing players, they might hit the main stream as well. Since the pandemic many reset their lives and playing online seems to be there only option to have fun during that time and yeah probably that scenario affects the popularity of eSports, I’m into eSports as well and I can tell that its really fun to bet and play at the same time.

The Covid 19 pandemic really helped a lot of people embrace online activities instead of the physical activities a lot of people have been used to. Sports betting and gambling in general wasn't an exception. Since then, eSports betting has gained more popularity than it used to. With all the features and varieties eSports betting has to offer which has made betting more a fun activity, we cannot argue the fact that eSports has come to stay and the gambling platform will continue to upgrade until people gain full confidence in it. Gambling in general will continue to undergo series of revolutions until it becomes a common game or activity in every household.
hero member
Activity: 1582
Merit: 689
Leading Crypto Sports Betting & Casino Platform
April 27, 2024, 05:57:29 PM
#45
eSport is getting popular I dont know since when but since Covid 19 Hit I believe the rise of the esport is began get recognized from people around the world What began as casual competitions among friends and now has evolved into a multi-billion-dollar industry so this growing popularity has naturally attracted the attention of both traditional sportsbooks and dedicated eSports betting platforms and now become a mainstream. I heard the news that eSport player nowadays can get a ton of benefit by joining some top clan and do tournament in it. Olympic and Asian Game now also has esport

when you can have win or lose red or blue team there will be betting in it haha

The surge in e-sports has indeed occurred; This has been the case in recent years, and COVID-19 may have even thrust the industry further into the limelight. What may have been the informal beginnings of e-sports among friends globally is now emerging as a billion-dollar industry, attracting interest from a variety of parties, including traditional sportsbooks and e-sports betting platforms.

The main reason behind the popularity of e-sports is the earning potential for the players, something that is recognized even in the Olympics and Asian Games. which underlines how important this industry is to modern sport globally. The development of e-sports has become a buzz around the world with various parties showing interest, from players and spectators to those who want to place bets.

With continued growth and greater recognition, it seems that e-sports will remain firmly established as part of modern sports culture, and will become an issue in itself that is interesting enough to spread to global platforms.
sr. member
Activity: 2310
Merit: 355
April 27, 2024, 10:02:52 AM
#44
eSport is getting popular I dont know since when but since Covid 19 Hit I believe the rise of the esport is began get recognized from people around the world What began as casual competitions among friends and now has evolved into a multi-billion-dollar industry so this growing popularity has naturally attracted the attention of both traditional sportsbooks and dedicated eSports betting platforms and now become a mainstream. I heard the news that eSport player nowadays can get a ton of benefit by joining some top clan and do tournament in it. Olympic and Asian Game now also has esport

when you can have win or lose red or blue team there will be betting in it haha
It’s about time for the eSports to get the spotlight and also the recognition, it has been a great years for them and I believe with the growing support and the growing players, they might hit the main stream as well. Since the pandemic many reset their lives and playing online seems to be there only option to have fun during that time and yeah probably that scenario affects the popularity of eSports, I’m into eSports as well and I can tell that its really fun to bet and play at the same time.
hero member
Activity: 2772
Merit: 576
April 27, 2024, 09:50:18 AM
#43
eSport is getting popular I dont know since when but since Covid 19 Hit I believe the rise of the esport is began get recognized from people around the world What began as casual competitions among friends and now has evolved into a multi-billion-dollar industry so this growing popularity has naturally attracted the attention of both traditional sportsbooks and dedicated eSports betting platforms and now become a mainstream. I heard the news that eSport player nowadays can get a ton of benefit by joining some top clan and do tournament in it. Olympic and Asian Game now also has esport
Just like the traditional athletes, esports players are well compensated depending on the organization or team that they are part of.

The more sponsors their organization gets, the more money they get and that means stable money for them. There's not that much different for how they earn money aside from the tournament prizes and sponsorships.

They could also have their own personal brand deals and I think that the pandemic as well did really drove more people into esports that means more computers, and demand of it and means more money in the actual gaming scene.
hero member
Activity: 2212
Merit: 786
April 27, 2024, 09:44:44 AM
#42
Esports have become one of the fastest rising betting markets in the world. There are several factors for this, including the advent of cryptocurrency in sports betting markets, which makes eSports betting something that every handicapper should check out. See below for the top factors that has led to the rise of eSports gambling along with its strong connection to crypto sportsbooks.
Personally being a gamer I have known esports from my gaming community and a because I do play some of these games too , but the real game changer was when gambling companies have got into partnership deals with most of these esports teams which has really given the sport some real visibility and marketing platform for both parties which is a win win...and for some reason I wonder why the partnerships has to do with crypto sports bookies but they really have made their mark...

Me too! All my life, I have been surrounded by computer shops and online games which definitely influences me until now.

E-sports betting has been around since the rise of Dota 2 way back in 2013. Before, you can bet in dota2lounge.com using skins which have a specified $ value to each item. There are also odds that are present similar also in sports-betting. I would love to bet on E-sports if there is a designated cryptocurrency betting site for it given the vast knowledge that I know from a number of games (e.g. Dota 2, CSGO, Valorant, etc.).

As you all know, e-sports are the new generation of gaming. Heck, there is even a designated Bachelor's Degree being offered in one of the universities here in the Philippines named as BS-Esports (Management and Game Design Development).1



1 https://manila.lpu.edu.ph/spotlight/lpu-offers-bs-esports-in-partnership-with-tier-one-entertainment/#:~:text=BS%20Esports%20is%20offered%20in,for%20Associate%20in%20Computer%20Technology.
copper member
Activity: 1988
Merit: 905
Part of AOBT - English Translator to Indonesia
April 27, 2024, 06:01:24 AM
#41
eSport is getting popular I dont know since when but since Covid 19 Hit I believe the rise of the esport is began get recognized from people around the world What began as casual competitions among friends and now has evolved into a multi-billion-dollar industry so this growing popularity has naturally attracted the attention of both traditional sportsbooks and dedicated eSports betting platforms and now become a mainstream. I heard the news that eSport player nowadays can get a ton of benefit by joining some top clan and do tournament in it. Olympic and Asian Game now also has esport

when you can have win or lose red or blue team there will be betting in it haha
hero member
Activity: 2198
Merit: 847
April 27, 2024, 05:15:09 AM
#40
I think right now we are experiencing the fall of eSports betting rather than the rise of it. Though 2019 to now so many good players resigned, became free agents or entire teams disbanded. It's ridiculous to see that for them there is better money in streaming rather than being in a team.

The sponsors and the gaming companies have reduced the money they invest in tournaments too much. Of course now there are more tournaments but the quality has reduced drastically along with the budget and the rewards. Many tournaments these days even don't have any rewards. The golden era was around 2013 to 2018 probably
eSports is the future. I don't think it will change games like Football (Soccer) and Basketball but eSports are rising. Today kids prefer to stay at home and play Fortnite, Pubg, Dota, League Of Legends and similar games. They rarely go outside to play football and other sports, this is definitely noticeable today. In my childhood, we didn't have computers, internet, or electricity the way we do today, so everyone was forced to go outside and play sports because this was the only fun activity. Today kids have access to gadgets and computers and sports are becoming virtual, like everything else, including currencies.
Btw streaming platforms are really superior in terms of income and popularity. For me, that is the indicator that eSports and eSports betting will become more popular in the future.
full member
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★Bitvest.io★ Play Plinko or Invest!
April 24, 2024, 05:50:55 AM
#39
Esports have become one of the fastest rising betting markets in the world. There are several factors for this, including the advent of cryptocurrency in sports betting markets, which makes eSports betting something that every handicapper should check out. See below for the top factors that has led to the rise of eSports gambling along with its strong connection to crypto sportsbooks.

In fact, something that started very timidly with just a few tournaments is now widespread with several contests and sites that accept bets on different games.
The ones that I have seen the most popularity are Multiplayer Online Battle Arenas like Dota 2 and LoL.
Shooter games such as CS:GO, Overwatch, Valorant and Call of Duty have also grown a lot.

However, there are several others such as Card Games such as Hearthstone and Magic and of course sports simulators such as FIFA, NBA 2K and PES

Anyway.... actually, it's just to create a relevant tournament on the world stage and soon a website appears to list the betting possibilities on it.

It already existing way back before and it's just good to see that once this is supported with online bettors, not only with the arise of more Esports but also the development in the game. Having this kind of tournaments in the game just puts a level of standard for competing which also raises the playable rank of it. Valorant and LOL is mostly what I'm seeing lately.  Marketing is easy because it is actually the interest of many people online nowadays especially  the gamers.
legendary
Activity: 2492
Merit: 1332
April 24, 2024, 04:16:45 AM
#38
But what has changed in the world of ESports after 2018? Did the interest from the public who are not committed gaming followers go down, causing companies to reduce their budget for sponsorships as well? Or was it the companies that slowly decreased their budget first, causing for events to gave less marketing and therefore a lesser audience?

I believe after 2018, many of the fans of what you call the "Golden Era" might have grown up and started to have jobs, and other commitments.
Yes you make some valid points. eSports are not as timeless as other sports. You may still good some interest in your 30s, say 40s? But further? It would be hard. Plus many of the stars got really bored and started hating how stressful competitive gaming is.

But I think the real issue was that it was all make-believe. eSports were getting huge funding while not being profitable. The companies making the games were pushing it a lot and on top of that there were tons of sponsors. The economy of eSpoets had yet to find balance. I think some leagues continue to have funding issues and the payment for teams has been reduced drastically. I wonder if most of them are still profitable though. They come and go too fast these days. It seems as if even the best teams depend a lot on a handful of big sponsors that they might have been doomed without.
It is possible that it was too soon for esports to be pushed to the general public so early, but even then I still hold high expectations about the popularity they may reach during the next decades, as regular sports are so popular because almost everyone grew playing those sports when they were kids, but the current generations are growing playing video games, so it makes sense they would like to watch the very best play their favorite games, duke it out and decide who is the best by competing against each other.
legendary
Activity: 2954
Merit: 1159
April 21, 2024, 04:22:33 PM
#37
It's no surprise that eSports betting are getting popular now, especially for online games which now have a million dollar winning prize. I do place bets in eSports leagues for more than a year now and there's really a lot of professional gamers in different game leagues. Though there's only few games are known such as Dota 2, CS:GO, Valorant but I've seen there are some other eSports like Mortal Kombat, Rocket League, etc. that was also available but was not that popular to gamblers.

I do not participate much in the esports betting as I have more interest in other real sports and not in this eSports but I remember that esports betting was most popular during the pandemic when we had no other sports. At that time, many people came to know about esports betting and from that time, we see a big volume in them.

One more thing is that you sometimes find good odds in eSports and they are worth taking the risk. Unlike other sports where bookies knows who is the clear favortie, here the betting sites sometimes aren't sure about them and therefore one can find some really good odds.
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