eSports – Paving Way For Competitive Gambling & Gaming Betting
eSports has the ability to trace its root to the group of friends that host video games and LAN parties throughout the day. However, in today’s time, it has transformed itself into a full-fledged industry where professional gaming leagues and tournaments are now taking place.
It is believed that the eSports market has significantly grown and is now valued at £655 million which is projected to further increase in the coming years. In fact, with every tournament that takes place, the prize pool gets richer and the view count increases.
But that is not it, with such fame and popularity, the industry has widely attracted bettors. Therefore, there is an opportunity to make money – and when the money has to be made, bettors are surely going to follow.
There is no doubt about the fact that the eSport industry is growing at a rampant pace. This can be seen from the money that is pouring in from players, sponsors, and viewers. Further to this, the industry is paving way for competitive eSports gambling and gaming betting to become viable markets in their own right. You can even use the virtual currency BitCoin to bet on eSport at places like LuckBox eSports Betting.
Over the years, we have heard about different tournaments involving games such as ‘Counter-Strike‘, ‘Call of Duty‘, and more. Another game which made it to the news recently was ‘Overwatch‘.
When it was conceived, ‘Overwatch’ was not intended as an eSports game. However, according to Hai Phan (Senior character artist at Blizzard Entertainment), it was decided before the launch of the game that it could be transformed into eSports competitive title.
The 2017 investor report published by Activision Blizzard showed that the company wanted to make Overwatch more than just a video game. In addition, the company wanted to become more than just being one of the biggest video game publishers. This is the primary reason Activision was looking to expand their franchise outside the video game domain. At that time, the potential opportunities included eSports, television, consumer products, film, and more. This has turned into reality with the ‘Overwatch League‘ which gained maximum traction in recent times.
Ever since massive traction received by games like ‘Dota 2’ and ‘Counter-Strike’, more money has poured into the eSports industry. Nowadays, nations are taking eSporting competition quite seriously and are investing money to conquer several competitions.
The mainstream attention eSports industry has received in recent times is the reason of money to be included. In addition, more and more bettors are surfacing to reap the rewards of this new economy.
The number of websites that are now present to allow people bet and gamble on eSports is surprisingly high. Whether it is an individual game, league, or tournament, people are ready to bet on it through different bookies online.
