Esports is a growing industry that’s only going to continue to grow in popularity. And with that comes the opportunity for brands to get involved and have their voice heard. If you’re not doing anything yet, now is the time to start thinking about how betting esports can impact your business. Why? Because there are so many reasons why it’s a great investment. But before we get into that, let’s take a look at what betting esports is and what it isn’t. Then, we will give you a few tips on how you can begin betting esports and reap the benefits of this growing industry.
Esports is a rapidly growing industry
Esports is a rapidly growing industry with an estimated revenue of $1.5 billion by 2020. This growth is due to the popularity of esports among viewers and participants. Esports is also gaining traction as a mainstream sport with global televised events.
As an investor, there are plenty of reasons to get involved in this rapidly growing industry. You can make money from betting esports matches as well as from sponsorship deals and advertising partnerships. If you’re thinking about starting your own betting esports business, now is the time to do so because the market is primed for growth.
There are several ways that you can bet on esports matches. You can place bets on individual games or on entire tournaments. You can also bet on which team will win or lose a specific match. There are several online platforms where you can place these types of bets, and many major bookmakers offer gaming products as well.
Why bet on esports?
Esports is a rapidly growing industry with a lot of potential for both betting and viewership. With professional leagues and competitions popping up all around the world, there’s plenty of opportunity to make some serious profits.
There are a few key reasons why you should consider betting esports:
1. The audience is growing rapidly
The esports market is still relatively new, but it’s already seeing rapid growth. In 2018 alone, the global esports audience grew by 47%. This trend looks set to continue, with recent studies showing that over half of all internet users are interested in watching competitive gaming.
2. There’s money to be made
The global esports market generated revenue of $655 million in 2018 alone. This is forecast to grow even further in the future, reaching a value of $1 billion by 2024. With so much money on the line, there’s plenty of opportunity for bettors to make a considerable amount of money.
3. Esports is a highly spectator-friendly format
Much like traditional sports, esports relies on spectators to keep the games interesting. Not only does this create an opportunity for bettors, but it also ensures that there’s always a large audience watching the latest matches. This makes esports an ideal format for betting purposes – audiences are consistently drawn in by the suspenseful gameplay and high- stakes competition.
Types of esports bets
There are many types of betting esports, each with its own benefits and drawbacks. Here is a breakdown of the most popular types of betting esports:
A match bet is a wager on the outcome of a specific match. This type of bet is typically made between two bookmakers, who offer odds on which team will win the match. Because match bets are based on outcomes rather than contest lines, they provide more certainty than other types of betting esports.
A match winner bet is similar to a match bet, but it is made on the outcome of a specific player or team in a given match. This type of bet allows gamblers to make money based on who they believe will be the victor at the end of the game.
A game spread betting option lets you place wagers on how much margin (or “spread”) your chosen team will have over its opponents in any given game. For example, if you wagered $100 that Team A would win by 2 goals, but Team B had an implied margin – meaning Vegas expected them to win by more than 2 goals – then your spread would also be $2 (ie $102). Game spreads can offer increased flexibility and value because there are virtually no limits to how high or low you can set your stakes. However, game spreads also come with greater risk since they involve betting on multiple outcomes simultaneously and cannot be backed down should one team unexpectedly lose.
An in-game bet is a wager on how a specific event or situation will play out in a game. This type of bet is popular among players who want to make sure they are getting the best possible value for their money, as there are generally no limits to how much you can wager on an in-game bet. In-game bets also tend to be more volatile than other types of esports bets, so they can be risky if the outcome of the game isn’t clear early on.
Match winner over/under
A match winner over/under bet allows gamblers to place wagers on whether a specific team will win by a certain amount or not. For example, if you wagered $100 that Team A would win by 2 goals, but Team B had an implied margin – meaning Vegas expected them to win by more than 2 goals – then your over/under would also be $2 (ie $102). Because match winner bets are based on outcomes rather than contest lines, over/under offer greater certainty than other types of esports bets. However, over/under also come with greater risk since they involve betting on multiple outcomes simultaneously and cannot be backed down should one team unexpectedly lose.
How to bet on esports
If you’re new to betting esports, or just looking for a refresher, there are a few things worth knowing. In this article, we’ll outline the basics of how to bet on esports, and give you some tips on how to make the most informed decisions when placing your bets.
When betting esports, there are a few different ways to go about it. The first option is to simply bet on outright winners and losers. This is the simplest way to wager, as all you need to do is pick which team or player will win or lose based on pre-determined odds. You can also place “point” bets where you predict an outcome but don’t specify a winner or loser. Finally, you can also make “multi-bet” wagers where you invest in multiple teams or players at once in order to increase your chances of winning.
Whichever route you choose, be sure to read up on each game before making your bets so that you have a better understanding of what’s happening and why. It also helps to follow live recaps and other coverage of the games in order to get an edge over the competition.
Lastly, always remember that gambling is risky business – even if everything looks perfect during your analysis phase – so always exercise caution when placing any bets.
If you’re a fan of esports, there’s no better time to start betting than now. With so many high-profile tournaments happening each year, the opportunities for big profits are definitely there. However, it’s important to be educated about all the different aspects of betting esports before getting started. In this article, we’ll cover everything from what you need to know about bet types and match outcomes to how TO make the most informed decisions when placing your bets. So whether you’re a casual observer or an ardent enthusiast, read on for everything you need to know in order to get started betting esports today!