Can I Bet On Esports?
Contents
Can I bet on esports? This is a question that we get a lot, and the answer is yes! You can bet on esports at most online sportsbooks.
Introduction
Esports, also known as electronic sports, are a form of competition that is facilitated by electronic systems, typically video games. Esports often take the form of organized, multiplayer video game competitions between professional players, but they can also include other types of activities such as online chess and betting on esports matches.
While esports have been around in some form since the 1970s, they have only recently begun to gain mainstream attention and participation. According to a report from Newzoo, the global esports economy was valued at nearly $696 million in 2017, and this is expected to grow to over $1.5 billion by 2021.
With the rapid growth of esports comes the question of whether or not people can bet on these competitions. While there is no easy answer to this question, we will explore some of the factors that you need to consider before placing a bet on an esports match.
What are esports?
Esports are organized video game competitions, typically between professional players. These competitions can be in person or online, and they are often broadcasted for spectators. Some of the most popular esports games include League of Legends, Dota 2, and Counter-Strike: Global Offensive. So, can you bet on esports?
Games
Video games have been around for a long time, but only recently have they become a viable form of professional competition. These organized matches, known as esports, can take many different formats, but the most popular ones tend to be either first-person shooters (FPS) or multiplayer online battle arenas (MOBA).
The FPS genre is typified by fast-paced action and quick reflexes, with popular games such as Counter Strike: Global Offensive (CS:GO) and Overwatch. MOBA games are usually played from a top-down perspective and require more strategic thinking; two of the most well-known are League of Legends (LoL) and Dota 2.
Other popular esports genres include real-time strategy (RTS), fighting games and sports games. Some well-known examples of these are Starcraft II, Street Fighter V and Rocket League, respectively. Whilst there are many different types of game, they all share one common trait: they’re incredibly fun to watch!
Tournaments
large prize pools, becoming a draw for spectators from all over the world. The most common video games in esports are real-time strategy games, first-person shooter games, and multiplayer online battle arena games. MOBAs have especially seen a surge in popularity in the past few years.
The International is an annual Dota 2 tournament hosted by Valve Corporation, the game’s developer. With a prize pool of over US$35 million in 2019, it is the largest single esports tournament by prize money.
Other popular tournaments include League of Legends’ World Championship, Overwatch’s Overwatch League, Counter-Strike: Global Offensive’s Major Championships and Fortnite World Cup.
Teams and players
Esports are organized, competitive video gaming events between professional players. Esports often take the form of organized, multiplayer video game competitions, particularly between professional players. These events are typically sponsored by gaming companies or gaming equipment manufacturers.
The most popular types of esports games include first-person shooters (FPS), real-time strategy (RTS), multiplayer online battle arena (MOBA), and fighting games. Popular games such as Counter-Strike: Global Offensive, Dota 2, League of Legends, and Overwatch are commonly featured in esports competitions.
Teams and players in esports are often signed by organizations that support and promote professional gaming. These organizations typically provide salaries, training, and practice facilities for their players. Players in esports often earn prize money from tournaments and competitions. The largest Single prize pool in esports history is The International 2017, with a grand prize of over $24 million USD.
Can you bet on esports?
Yes, you can bet on esports. You can bet on esports matches through online bookmakers, and there are even a few dedicated esports betting sites. However, it can be a little bit tricky to find esports betting markets, as they are not always listed alongside traditional sports markets. In this article, we’ll show you where to find esports betting markets and how to bet on esports.
Types of bets
There are a few types of bets that can be made on esports matches. The most common type is a moneyline bet, which is simply placing a bet on which team will win the match. Other types of bets include point spreads and totals (similar to those found in traditional sports like basketball and football), as well as prop bets, which are wagers placed on specific events that will occur during a match. For example, a prop bet might be placed on whether or not a particular player will get a “double kill” (i.e., kill two opponents within a short period of time) during the course of the match.
Odds
The odds for esports matches are typically displayed using the “moneyline” format. This means that the odds are expressed as a number that represents how much you would need to bet in order to win $100. For example, if the odds are +200, this means that you would need to bet $100 in order to win $200. Moneyline odds can be either positive or negative, and they are usually listed next to each team or player.
Where to bet
There are a few ways to bet on esports. The most common way is through online sportsbooks. These are websites that offer betting odds on a variety of sports, including esports. You can also bet on esports at some brick-and-mortar sportsbooks, though this is less common.
Another way to bet on esports is through so-called “skin betting” websites. These are websites that allow you to use in-game items (skins) as currency to bet on the outcome of esports matches. However, skin betting has come under scrutiny in recent years due to concerns about underage gambling and fraud. As a result, many skin betting websites have shut down.
Finally, you can also bet on esports through fantasy leagues. In these leagues, you draft a team of professional players and then earn points based on their performance in real matches. The person with the most points at the end of the season wins the league.
Conclusion
The answer to the question “Can I bet on esports?” is a resounding yes! You can bet on esports online at many different sportsbooks. Some sportsbooks even offer exclusive esports betting markets. Before you start betting on esports, however, make sure to do your research. Not all sportsbooks offer the same odds or markets, so it’s important to shop around and find the best book for you. Check out our list of recommended sportsbooks below to get started.