Esports are fast-paced video games. Fans of the games can place their bets on their favorite teams to win a multi-million-dollar prize from a single event. In addition, esports are gaining popularity in many countries, including Singapore, Malaysia, Korea, China, and United States. Esports are predicted to be the biggest sport in the world overtaking the traditional sports such as football, soccer, cricket and so on in the future.
Unlike traditional casino games, esports gambling has a lot to offer a player. It’s exciting and easy to find such as in a popular and trusted online casino Singapore like MMC 996 – the market is already worth billions of dollars. Let’s take a look at the factors that make e-sports betting a popular pick in online casinos.
What Is Defined As An E-Sport?
E-sports are not truly physical sports like football, basketball, tennis, badminton, cricket and boxing – in fact, this game is centered heavily on the use of electronic gear such as gaming computers and other gaming peripherals, with of course, the game software.
These games are usually from fighting genre, multiplayer online battle arena (MOBA), shooters usually as first-person (FPS), with themes that focus on teamwork and strategy apart from the basic character skills. Popular e-sports games you may hear are Dota 2, Heroes of Newerth, League of Legends, Path of Exile, Counter Strike, Valorant, and events like Free Fire and so on.
As the market for e-sports grow exponentially due to the influx of avid game players, e-sports betting took form to cater to bettors who are keen on those games and prefer to wager on the outcome of the game rather than investing in the gameplay themselves. Hence today, e-sports betting becomes a favorite activity among online casino players as an alternative to traditional sports betting games.
Factors That Contribute To The Popularity of E-Sports Betting Online
While esports betting hasn’t reached the heights of other sports in online gambling, experts have estimated that it could top $2 billion in revenue by 2022. With so much interest, most online casinos have begun integrating esports into their venues. These games offer bet providers an opportunity to grow their player base and expand their markets. In short, esports and casino gaming are a perfect fit. And why is e-sports betting attracting so many players?
Here are some of the major factors that make e-sports betting a popular pastime:
Great Appeal To Gamers
Living in the internet era, gaming is rapidly becoming a huge part of every person’s childhood. E-sports are based on computer gaming, and this creates a huge appeal among die-hard gamers. Esports betting is becoming a huge industry and it’s now a sport in some countries that has become widely broadcast. With live streaming easily available on online casino websites offering e-sports for betting, this further attracts bettors’ interest in e-sports betting compared to traditional sportsbook games.
Joining In The Fun Without Direct Participation
E-sports is becoming increasingly popular among younger generations with a major concern – playing esports may impact physical health from the stress of keeping up with the games and being obsessed with them. Playing video games has also been linked to depression and anxiety in some serious cases, which can affect a person’s ability to work and build lasting relationships.
This leads to the popularity of e-sports betting – by placing wagers on e-sports, not only can a player participate in the fun indirectly but also win real cash from their bets simply by betting on possible outcomes. This is seen as a win-win situation for many bettors as they can enjoy the excitement of their favorite e-sports without risking much of their health.
Instant Outcome Updates
E-sports are based on electronic games, hence, data are instantly available without the need for manual upload of outcome reporting unlike sports such as football betting, basketball betting, MMA boxing and so on. This is an advantage in e-sports betting as having quick delivery of match results allows for both bettors and bookmakers to understand the e-sports scene and the odds present.
Bigger Range of Betting Options
In line with the growing popularity of e-sports in the gambling scene, many sports bookmakers offer a wide range of betting options for e-sports. This is also due to the nature of e-sports, with plenty of possible outcomes from matches between teams. Because sports bookies can get hold of match information more quickly compared to traditional sports, this leads to more in-play bet options.
The large variety of in-play bets is also contributed by the fact that each e-sport game have different gaming element, and because of this, e-sports fans get to bet on players and trade them for real money, which further increase the fun and excitement to their sports gambling experience.
More Accurate Odds
Knowledge is power in the world of online casino gambling, and this includes getting the most updated information on e-sports to get the most accurate odds. E-sports gambling is highly favored for its data integrity on results reporting, since real-time data can be easily integrated electronically as opposed to traditional sports which require manual input most of the time, leading to potential results delay and human errors. The seamless stream of data from e-sports games allow for bookies to present viable markets for sports bettors to wager on.
Choosing A Good E-Sports Betting Website
Despite the obvious benefits of e-sports betting, there are some drawbacks for bookmakers. While e-sports betting is becoming more popular in places like Singapore, there are fewer legal protections for players in the region. Moreover, there are fewer legitimate esports betting websites, which means that bettors are left with few options when it comes to placing their bets.
Esports betting is a growing industry. The audience of esports games is 454 million strong, dwarfing the viewing audiences of regular sports like the Super Bowl and Baseball World Series. Additionally, the finals of esports games regularly exceed the number of viewers for regular sports.
In addition, esports betting has a larger scope than other types of gambling, despite being new and niched. As more people become familiar with the games and betting on them, it’s even possible that esports gambling will outpace traditional sports gambling in the future.