The world of video gaming has evolved to a completely new level. Consequently, it has become such a huge industry, and according to Statista the esports market was worth $1.08 billion in 2021. Moreover, this value is about 50% more than the previous year’s value. The esports world is growing exponentially.
So, with the huge booming entertainment industry, people like to watch and even start betting on esports games. In this article, we discuss everything that you need to know about esports betting, and we will mention the best esports betting sites as well.
What is Esports?
Esports refers to the practice of playing video games in a competitive environment. The viewers watch while teams of gamers or individuals compete in a variety of video games either in person, at the venue, or via live streaming websites like Twitch.
As esports has gained tremendous popularity over the last decade, there are numerous massive tournaments around the world at local or international levels. Moreover, there are professional teams developed, which participate in the esports games, and they have huge brands as sponsors as well.
What is Esports betting?
Esports betting is similar to traditional sports betting, where you have to choose a game and a type of bet, check the odds and make a wager. There are a lot of Esports betting sites, that you can visit to make your bets. With a great demand in the market, many sportsbooks have decided to integrate Esports betting into their platforms. Certainly, this also offers a lot of opportunities for the fans to bet on numerous famous Esports games, leagues, and particular championships.
The fact that esports betting is more involved, with communities, social media, stats, live-streaming, and other features from the best Esports sportsbook, makes betting on online video games such a fun experience.
How to bet on Esports
If you want to join the Esports betting community you first have to find an Esports betting site and join it. You only have to follow these easy steps in order to start betting on Esports online:
Best Esports betting sites
The main concern of Esports lovers is which online gambling sites support Esports. As a matter of fact, not all operators let you wager on video games. When you are choosing an esports betting site, you should always aim to select a reputable operator that you can rely on. The best Esports betting sites are on the list below:
Popular esports to bet on
Many video games are increasingly receiving the competitive treatment that Esport has. The number of skillful competitions is increasing, with various gamers vying for prizes, sponsors, gaining a fan following, and so on. Esports has gone a long way and have attracted the attention of numerous websites that now provide odds on Esports.
Below are a list of the most popular games in Esports that people love to bet on:
Pros and cons of betting on esports
However, like with any sport, a betting culture immediately emerges. Bets on match winners are popular among League of Legends and CS:GO, enthusiasts. Of course, they can also place other types of bets, such as accumulation bets and live betting. However, betting on esports has both positive and negative sides, which we will discuss further below.