The rise of esports has been meteoric. In just a few years, the industry has grown from a niche market to something that’s now an integral part of many people’s lives. But even before esports became popular with the gaming community, there was already a culture around betting on it—and as its popularity continues to grow, so does esports Olympics betting.
In this article, we’ll take you through everything you need to know about esports betting: how it works, how much money is being bet on this new phenomenon and where some of the best places are for newbies (and seasoned players) alike to get started. We’ll also explain why it might be worth your while getting involved in this exciting new industry!
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Esport Betting: History Of Esports
Esport betting is still a relatively new concept, but it’s certainly not a new idea. Esports have been around for many years, and they are growing rapidly. As with any industry that has fast-paced growth, there are some things that can be difficult to keep up with—especially if you’re just getting started.
So what exactly is an esports Olympics? An esports tournament is a competition between professional players of video games or computer simulations of sports. Some tournaments are organized by game publishers such as Valve Corporation (CS:GO), while others are run by third parties like Activision Blizzard (Overwatch) or Electronic Sports League (Counter-Strike: Global Offensive). Today, esports Olympics is one of the fastest growing entertainment industries in history with more than 500 million people worldwide watching tournaments and participating in online competitions every year!
Esports Betting Is Not So New
Esports betting is not a new concept. While you might think that esports have only recently become popular and subsequently given rise to esports betting, the truth is that it actually began as early as 2001 when an online gambling site offered odds on Counter-Strike matches. The first ever esports bet was placed in 2002 on a Quake 3 tournament, and since then there have been many other websites offering esports Olympics for their users.
In 2018, however, it seems like there are no end of new sites launching every day with more unique features than the last one.
How Do You Bet On Esports
From the comfort of your home, you can place bets on esports Olympics tournaments in a number of ways. You can bet via mobile devices, computers and gaming consoles.
- When you bet esports with a computer or tablet, you will be able to place wagers online using an online sportsbook.
- When betting on esports with a mobile device such as an iPhone or Android phone/tablet, it’s recommended that you install one of many free apps from Google Play or Apple’s App Store that offer this capability. Check out our list of the top 5 betting apps for more information about these tools and how they work for players in general (and not just those interested in esports).
Odds, Bonuses, Streams And How Does It Work
In this section, we’ll cover the basics of games with bet esports and how it works. Once you have a firm grasp on the basic terminology and processes, you’ll be ready to start placing your bets.
- Odds
An odds calculator is an essential tool for any bettor looking to make money from their bets. It’s essentially a mathematical formula that calculates the chance of one event happening versus another. The number generated by this calculation is called “odds”, which represents how much you could win if you bet on that particular outcome. For instance, odds of 1:11 mean that if your team wins then you will earn $1 for every $0.10 wagered (the equivalent of 10%).
- Bonuses
These are promotional codes offered by online sportsbooks to entice new players into signing up with them or depositing money into their accounts first before taking advantage of them later on down the line when they’re ready to make their first deposit into their account as well as get started playing with real cash instead of just playing around with fake/play money like most other games offer as well! This isn’t something unique only available at one place either but rather found everywhere across different platforms so long as there’s enough demand for them among players seeking out these kinds benefits themselves!
Esports Is The Fastest Growing Industry
The games with esports is the fastest growing industry in the world. In 2017, it generated $696 million in revenue, which was already more than double what it had generated two years earlier.
The rapid growth of games with esports has been compared to other entertainment industries like music and film, but it also has elements of sports. And that’s why it makes sense for esports betting companies to create their own Olympic games as a way to increase interest from fans who want something similar to traditional Olympics but with an esports twist.
Betting On The Esports Olympics
If you’re wondering what is games with bet esports and how it works, then let us explain. Esports betting is the same as traditional sports betting but it involves playing video games instead of watching them. Simply put: you place a bet on which team will emerge victorious in an online match, just like you would with football or tennis.
The popularity of bet esports has skyrocketed since their inception in the early 2000s and now there are more people engaged with this form of entertainment than ever before. According to Newzoo, who compile data on the industry annually; these players tend to be younger than those involved in traditional sports (the average age of an esports fan is 28) but they still make up a sizeable portion of society at large—and that means plenty of opportunities for companies looking to cash in on this niche market through sponsorship deals and advertising campaigns.
There’s lots more where this came from! Check out our ‘Esports Betting Tips’ article if you’re interested in learning more about how we make money off games with esports bets or if there’s anything else we can help out with!
To Sum Up
The rise of esports and the popularity of bet esports is changing the way we view sports. Esports is becoming a huge industry, and it’s growing rapidly. With so many people watching, playing and betting on esports, it’s only natural that this new phenomenon will change how people bet on traditional sports. If you are interested in learning more about esports or getting started with your own betting career as an esport gamer or professional gambler, then read on!
While bet esports has only recently become popular, it’s been growing steadily since its inception. Esports is already a massive industry and has huge potential to continue growing. In this article we’ll go over how esports betting works, where you can place bets on your favorite games and teams and why it might be worth your time.