Esports is one of the fastest growing sports in the world. In fact, it’s been estimated that by 2020, esports will be worth more than $1 billion. Given its explosive growth, it’s no wonder so many people are looking to get in on the action. And if you’re wondering where to start, esports betting is a great place to start. In this blog article, we will explore the rewards of bet on esports in Malaysia and how you can make the most of this booming market. We’ll teach you about the different types of betting available and explain how to get started.
Table of Contents
What is Esports?
Esports is a global phenomenon that has taken the world by storm. Dubbed as “a form of competitive video gaming”, esports has exploded in popularity over the past few years. The rewards for bet on esports are plentiful, with bettors able to make hefty profits from wagers placed on matches and tournaments.
Generally speaking, esports is a form of competitive video gaming. This encompasses everything from professional gamer competitions to online game leagues. The most popular modes of play for esports include: first-person shooters (such as Call of Duty), real-time strategy (RTS) games, fighting games, and MOBA (multiplayer online battle arena) titles such as League of Legends and Dota 2. Professional gamers typically earn salaries through sponsorships and tournament winnings.
How do Esports betting Works?
Esports betting in Malaysia is a growing industry with many benefits for both punters and bookmakers. For the punter, bet on esports offers a unique experience that can be hard to find elsewhere. There are dozens of different esports games and tournaments available, so there’s always something to bet on. And for the bookmaker, bet on esports presents an interesting opportunity to tap into a new market.
The rewards of bet on esports in Malaysia are clear. The Betting Corporation of Malaysia (BCM) has reported that total bets amount to RM2 billion ($571 million) in 2018, which is up from RM1 billion in 2017. This growth reflects the popularity of gaming among Malaysians – although it’s worth noting that this figure includes only traditional casino-style wagers, not those made on gaming tournaments themselves.
Bookmakers have taken note, and they’re now offering special bonuses and incentives to punters who invest in their products via bet on esports. Some bookmakers are even providing free bet chips or other exclusive perks to loyal customers who make regular bets on certain games or tournaments.
Bet on esports works similarly to traditional sports betting: you predict how your chosen team will perform and make a bet accordingly. However, instead of placing a bet on individual matches like you would with football or hockey, you make predictions about entire tournaments or leagues – think LPL basketball matches or EU LCS Spring Split matchups. In some cases, you can also bet on individual players or teams.
Types of Esports betting
Esports betting is a growing industry with endless opportunities for profit. Here are the three main types of esports betting:
1. Online Betting
2. In-Game Betting
3. Propbetting
Online Betting
The first type is online betting, which takes place on websites or apps. This is where punters can wager on matches and events remotely, often through a combination of odds and payouts. The most popular sites for this are www.WilliamHill.com and www.PaddyPower.com, with bettors from all over the world placing bets on everything from CS:GO to League of Legends matches.
This kind of betting has exploded in popularity over the past few years, as it’s a fast, easy way to bet on your favourite sports games without having to leave your chair – perfect for those who are glued to their screens! Plus, there’s always something new going on in the world of bet on esports so you’re sure to find something you like to bet on no matter what time of year it is!
In-Game Betting
The second type is in-game betting, which takes place during live gameplay sessions. This involves wagers being placed on individual players or teams as they compete in real-time – making it one of the more exciting types of esports gambling due to the high level of competition and unpredictability involved in many games (particularly those played in front of live audiences).
One of the most well known in-game betting companies is Betsafe, who offer a wide range of different games, including CS:GO, Dota 2, League of Legends and more. They also have some of the best odds in the business, making them a great choice for those looking to make a sizeable profit.
Propbetting
The final type is propbetting, which takes place outside of any game or tournament. This involves punters placing bets on things like performance statistics or pre-match betting markets. This can be a very profitable type of betting, as there’s always something new happening in bet on esports – and with the growing popularity of prop bets, there’s sure to be plenty of opportunities for bettors to make some serious profits!
Rewards of Betting On Esports?
Malaysia is a country that has been growing more and more into the esports market as of recent years, with tournaments and events taking place frequently. For those who are interested in bet on esports, there are many rewards to be had.
The first reward is financial. Many people bet on esports because they believe it will be a profitable venture, and with good reason. The second reward is social. Bet on esports can bring people together in a common passion, which can create friendships and relationships that last long after the event has finished. Finally, there is the sense of belonging that comes from being part of an enthusiastic community of like-minded individuals.
Conclusion
In Malaysia, esports is a booming industry. Various esport organizations have cropped up over the years and teams from all corners of the country are competing in tournaments to see who can reign supreme. If you’re interested in getting involved, then there are a few things you need to keep in mind. Firstly, it’s important to be aware of the different types of esports that are played in Malaysia. Secondly, it’s important to do your research if you want to bet on any given esport tournament or league. And lastly, it’s also important to remember that no one knows better than Las Vegas how to make money off of bet on esports!