Topic: Will esports gambling be explosive in the future like sports gambling? - page 2. (Read 499 times)

I'm sure it will explode. We can say that it has already did because the number of people involved in esports is many times higher than it used to be. If the business is exploding then we can expect the same from gambling based on this business, don't you think?
I think the next stage will be virtual reality gaming and new competitive gaming will revolve around full 3d. Will it be as popular as normal sports? I don't think so.

Im not sure what you are trying to say. At first you say the deciding odds are not as accurate as sports and your reason is because you lose a game? I kinda get what you mean , atleast it seems to me that you were betting for the favourites and lose. Even in football game like world cup, a favourite team could lose as well

From what I have noticed esports gambling way of deciding odds isn't as accurate as sports. The algorithm they use isn't safe for the site in longer run. What i mean by this is I used to watch csgo and mostly watched most of the matches in NA region. Because of this I had an idea of teams and when I decided to bet the odds for the team i was sure would win was 4 so i placed a bet and did win it. This wasn't the first time I such a odd it has happened couple of times

I think you are slightly behind the curve on this one.  Its already massive, has been for a while.   You can tell theres a fair amount of money available just from the possible prizes for these competitions, if that salary is there then you can have players dedicated to the sport.    More regular games come from proper assembled teams, building the possibility for opportunity on gambling stakes to do well.

I think there already is alot of esports gambling possible and some of the main stream firms have picked up an interest in it also.

List of the best eSports Betting Sites see here: http://100bookies.com/best-esports-betting-sites-eng/

I'm sure that it will explode. Just think about the rate at which esports are growing. 20 years ago it barely existed. There was some Quake, CS and Starcraft where people were competing for 10k USD and that's it. Now competitions have very high prize pools, sometimes close to a million dollars and the number of competitive games is overwhelming. It will take some time before it starts to compete with sports but it will happen.

maybe it will happen since we know that there are coins that available for the games only and I am sure that in the future, there are many devs that want to create a coin that will be used for esports. and when this is happening, the gamers will use the coins/tokens and it will get placed on the market too and the cryptocurrency will grow more. and I am sure that the game business will attract more people to come into cryptocurrency.

Opportunities to happen like that is very possible to happen. Esport is now one of the most sophisticated sector of users, even esports has become a work for some people. There are many famous names that we can see on the internet and a lot of esport references on youtube. now esport has even become the official sport in several world championships, so it's not unusual if there are many people who bet and choose who will win the game. This is a great opportunity and gambling game will go in this sector, now esport game is a common thing and I am optimistic in the future maybe we will see more prestigious match that will be held in esport.

I think it is going to be even bigger, because everything is going online and a lot of kids are not into contact sports anymore. They see the prize money and sponsorship of these eSport gamers and they also think it is cool to earn your living by being a professional gamer. If they just knew how much time and discipline goes into being one of these top players, then they might not be so keen to be one of them.

Still, I think it will become the betting platform of the future. 

The explosive succees of world cup betting is no wonder, soccer is the most popular game for sport betting, and with big events like this there will be a lot of gamblers roaming around , and for the esport, I think it got potential, the popularity of the esport gambling has growm, a lot of sport gambling site already got esport gambling, so it probably could become huge in the future

As someone who is fairly involved in the CS:GO scene (participated at several events featured on HLTV.org, etc), I will say that the throwing of matches (intentionally losing for money) does happen, and I see it quite often and quite clearly, but everything is there to make esports gambling as a whole take off. There's already a very large audience for the game (mostly young people), and betting already occurs on a medium-to-large scale for some events and matches.

One point why it won't take off is that there's not many young gamblers because the minimum age is 18 in most jurisdictions is correct, and this is even more true in a game like Counter-Strike, where there was (and is) a sizeable number of young gamblers in the game primarily using means like weapon skins and cryptocurrency as an alternative means to gamble without using fiat payment methods- but this all ended when there was a 7-day trade delay put into place to combat gambling by Valve corporation. This essentially killed gambling through weapon skins (which was and still is a VERY large part of total bets on CS matches), but there have been creative solutions around this; however, they were too little too late and the CS:GO gambling scene was quite damaged by this.

In the end, I'm split about whether or not it'll take off. I'll leave my opinion as maybe and maybe not- I have a somewhat strong feeling esports gambling will stay like what it is now until there's an even larger audience for esports as a whole.

Ofcourse it will and I myself often bet in esports but when it is on the finals I mostly bet on dota. I find it very risky because even the weakest team can be defeated I seen it even if they predict it there's no guaranteed that they will win.

esport betting already is exploding.You can find esport betting at almost any betting exchange and bookie.Estimates for esport betting are even bigger.Many events are even transmuted by tv even in vr technology
We will have good esport betting exchanges in crypto space

That's a good idea if you are planning to start a business then you must start familiarizing on the industry.

If you are just blindly entering it because you've overheard that there's a big money overflowing on it, when you face future problems I guess you can't take it and come up with solution.

I had literally the same topic. Anyways I found out why e-sports gambling is hardly being known in crypto industry is because actual sports or physical sports is widely known and being enjoyed not be teenagers and younger generations but all age can enjoy it and to be exact there is not much gambler in our younger generations, but I see your point e-sports can be huge in the future if you'll ask me since it is getting some attention and I bet the people who will inherit the knowledge and usage of crypto will enjoy betting in some e-sports.

Hmm dude can you stop this thinly veiled advertisement for ECoBetting already?  It's painfully obvious you are not asking genuine questions here and are looking to promote the aforementioned site. Can you enlighten us if you are the owner or the campaign manager for Bitcointalk forum?  You are not fooling anyone by the way.

Yeah, I agree that most of these projects will fail finally, but we gotta pick up some that we believe. I've read their whitepaer several times, they design p2p betting system, and everything would be based on smart contracts, which is good to avoid the market manipulation. Also there will be 'follow' design in their betting platform, which is beautiful in my opinion. So, personally, I tend to believe this project would be successful. But who knows. If their dev team are not anonymous, I will trust them more.

However, why do you think that I'm gonna lose money if project will use their own token or coin? Please enlighten me. I don't fully understand you.

I think it would be the same only that there would be a lot of teams to choose from because teams in e-sports have same teams in same countries to represent. Probably they could transition to just one team per country  or just name the team as per country, in that way, it would be easy to track.

there are plenty of projects but I'm sure more than 99% will fail , so better just to keep an eye on and never get involved
just like coinpoker , they collected tons of money and now they are only happy while their investors suffering loss from the way that the site is running the business ( freerolls , giving away tons and no rake )

and if that project will use their own token or coin then most likely you will lose money with it

I'm looking forward to the changes in the future. I believe with the blockchain technology, esports betting will be more transparent, public and fair to everyone. Recently, I've noticed that there is a new project named ECoBetting, don't know what the future of that project will be. I'm gonna keep an eye on that.