Esports is a form of virtual competitive sports facilitated by a computer system. It started in the 70s, and then onwards it began to pick the momentum and reached its popularity after 2010, and 2014 saw its rapid growth in the market. Esport betting has now become a multi-billion-dollar industry.
Esports has provided a huge platform to the gamers who used to play computer games confined to their rooms, now have the opportunity to extend out to the gaming world.
In Esport gaming, the gamers compete in a tournament or in online casino games from their PC or game consoles but played between multi-players with focused titles.
In this turbulent pandemic environment of Covid-19, especially in lockdown with all the sports events being cancelled, sports betting and gambling companies saw their biggest breakthrough, a goldmine right under their feet.
No doubt, it is amazing how esports has given a dramatic rise to competitive betting and the gambling industry. Billions of dollars are pouring in around the world from the players, sponsors, and viewers that it has consolidated the market for esports gaming and esports betting making them economically viable in their own rights.
Due to the lucrative tendency of esports betting and gambling, it is continuously attracting more investors to esports and that is why the casino industry has set its eyes on this booming industry.
Esports betting and gambling
Esports has tremendously transformed online betting and gambling for quite a good reason. Its rapidly growing popularity means that it is immensely lucrative to make a colossal amount of money.
People can win some real money through numerous betting sites that give access to the gamblers to esports events and gambling to view their odds and place their lucky bets on their choice of games and matches through the bookmakers (bookies) or the betting companies.
Esports going mainstream
Due to the covid-19 pandemic, esport gaming and gambling have received a warm welcome globally and gambling fans are prompted more towards esports, causing a boom in esports betting and gambling.
Esports betting companies realizing the potential increase in esports betting, with no traditional sports going around on the field during these challenging times, sponsors and investors are investing to capitalize on the boom the esports industry is experiencing.
It is obvious, that pandemic has caused the long term benefit for these betting companies, it is expected when traditional sports make a comeback, the fans might go back to the games they love best.
However, in the light of the current scenario, experts say that the popularity and growth level might fluctuate, but the fans of traditional sports have already been exposed to the enticing esports gaming world, the esports gaming world will sustain.
Online casinos indulged more in esports
The casino world fascinated with the boom of the esports betting industry is getting involved with esports because they know that it is a growing industry that could attract a myriad of a crowd. And in their effort to evolve for the better, they are integrating esports betting into their menu.
To know why online casinos are embracing esports betting? and what benefits they expect to achieve? A few good reasons are mentioned here that gives an insight into this integration into esports.
Esports has a wide range of betting markets
Esports have plenty of markets for betting and integrating with these markets, allows online casinos to offer a variety of games to their players to bet more, this increases the opportunity for the players to win the game.
The chances of winning are more on esports betting is more than playing on some regular casinos.
Online casinos also enhanced their betting strategy by adding more markets that adjust to the games’ requirements and specifications. This has attracted the esport fans into betting and increasing the chance to win them some real money.
This has proven that introducing markets to online casinos generates more money than it was before.
The players also, found it more rewarding to be a bookmaker when using online casinos. This ensures that their interest in the game sustains and they don’t get bored easily.
Most online casinos make the most of mobile devices, ensuring that the players can play from their comfort zone.
There are many esports betting websites available such as thedailysaint.com, these websites hold importance in the esport world and are in numbers, with rapid growth in viewership and investors.
The rise of online games
As the gambling world has seen a paradigm shift from land-based casinos to online casinos. Online casinos offer a wide range of games that have attracted more players into online gambling.
The players not only enjoy the incredible game’s option and also the privacy and convenience they get while playing online from the comfort of their home is one of the most attractive features.
One of the most popular online games is esport events, which has attracted many gamblers to become fans of esports betting.
For online casinos to stay ahead in the competition, have to offer the integrated version of online games and esports betting to meet the needs of esports fans.
Increase in esports publicity and viewership
A few years back, esports was not known widely, very few people knew about esports tournaments and events but with the passage of time, everybody saw that it became a booming industry.
Esports events with their increasing publicity have drawn more people. Online casinos are optimizing from the increased awareness and reaping the benefits out of it.
For instance, it will be enticing for an esports fan when he gets to see someone winning about a million-dollar or more in a single tournament.
Advertisement and network coverage also play a key role in the increased popularity of any betting related to esports.
The exciting feature of the esports betting industry is that it has the immense capacity to attract the vast majority of people to become its fan.
The esports betting industry is continuously growing and investing in this industry sure feels like digging a goldmine.