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One massive factor that played a role in that was the fact that cybersports mostly targeted a younger audience, who were, in most part, underage and unable to place any wagers.
But as the years went by, the largest portion of esports fans became of age. It ushered a massive boom in esports betting, effectively helping with the growth of the electronic sports scene.
That drew in more viewership and more esports bettors — creating a triangle of sorts between viewership numbers, esports betting, and the esports industry using the revenue to expand further, where all three factors helped with the growth of one another.
By , esports already had a global viewership of over million. This led many prominent online sports betting sites to start offering esports markets, although in a very primitive state, with only a handful of esports titles.
By the end of , esports expanded to all corners of the world and amassed over million esports fans globally. With the COVID pandemic, however, the esports betting revenue is further growing with each passing day, given that electronic sports have taken over the betting markets, since the majority of the esports scene is at a standstill.
No matter how efficient you are in your betting endeavor, long-term success will be hard to achieve when using suboptimal betting sites for esports.
Online sportsbooks websites come in many different shapes and sizes. Although with the current fast-paced world we live in, having an option to bet on the go could prove vital for any electronic or classic sports bettor.
Having an option for mobile online sports betting is, as mentioned, one of the key components any solid betting site for games should have on their website.
But there are other elements that go into it as well, from a website layout that works smoothly to a wide range of markets, as well as competitive odds.
We especially stress two common conditions of opening bonuses that all players should be aware of: 1 expiration dates many bonuses are only available for a limited time and may additionally need to be earned within a limited time period and 2 playthrough many bonuses require you to wager an amount relative to the bonus before the bonus can be used or withdrawn.
Deposit bonuses are not entirely unlike free bet bonuses, but they tend to involve larger amounts of money and slightly more complicated terms for unlocking that money.
The opening deposit bonus at bet esports is a good example of a first deposit bonus for esports bettors.
Other types of promotions offered by sportsbooks are tied to a particular sport. For example, the start of Premiere League brings with it a slew of football-related promotions that incentivize fans to start the season off betting.
After all, with tens of millions of people tuning in for championship events for Dota 2 and more viewers spread across the various major CS:GO events, the opportunity to ride a substantial wave of attention will prove too attractive to ignore for long.
Not all sportsbooks offer such promotions. For example, Pinnacle esports does not provide deposit bonuses or free bets. Instead, the company focuses on offering the best odds available in lieu of giving indirect value to bettors via signup promotions or similar incentives.
Generally speaking, the concept behind the free bet either comes down to:. Nothing too complicated at work here.
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Do all Betting Sites offer the same Matches? Different games, different markets. These free bets are synonymous with No deposit bonuses.
One of the significant differences between them is that free bets provide fixed-stake tickets for betting. Like sports betting, eSports gambling allows punters to bet on an individual or a team of players.
Gamblers have the opportunity to pick who they think would win a match or tournament. Furthermore, there are several types of betting options for gamblers.
The simplest option in eSports betting is allowing punters to predict the overall winner. Below are the kinds of bets you can place on eSports sites:.
As the name implies, this is a type of bet placed before the competition or tournaments. In this category, the most common bet is to predict the outright winner of the game.
Apart from that, you can also place your bet on the team that will not make it to a certain tournament stage. Furthermore, another form of betting outright is to predict the players that will continue to the subsequent stage of the event.
This is a simple and clear bet. It involves picking the winner of a particular match. It is also a common type of bet that is usually placed by both new and experienced players.
Here, the odds are determined by the number of bets placed on the teams. It could also be dependent on the odd compiler a few days before the commencement of the match.
This is a different type of bet. Punters usually bet on total points, total maps, total rounds, as well as total kills. Bear in mind that total betting has nothing to do with the result of the game.
Betting on totals has to do with the total stats of the event or match. If you are dealing with a relatively new eSports gambling site, you need to ensure that competitions between two players are not manipulated.
That is, it is not rigged in favor of one player against the other. Therefore, players should have the means to know if the competition is biased or not.
All players should have equal chances of winning during a competition. The match becomes biased or manipulated when a player has a higher chance of winning.
Note that this is not a problem at the top levels of eSports because it is a professional industry having its rules and regulations.
Apart from that, it has its code of conduct that must be strictly followed. It is almost impossible to rig an eSports match these days as the events are being viewed by many gaming experts.
These experts are experienced in discovering misconduct in the game. Besides, these games are being watched by a host of fans, who will easily discover any player who collided to lose or give up the game.
Esports are generally safe when it comes to rigging and other kinds of manipulation. Considering the issues other sports have faced, it suffices to conclude that rigging is not an issue in eSports betting.
Before you register on an eSports platform, you should go through its list of payment options. Email is normally also available, although it can take longer to get a reply.
Several esports bookmakers also offer FAQ pages of Help Centres where you can find instant answers and links to your queries.
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Streams VOD's. Rating 5. Highlights Focused Esports betting platform Accepts cryptocurrencies Broad coverage Wide range of innovative esports betting features.
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Highlights Coverage of all major tournaments eWallets In-place bets. We always mark a site down if the ease of use is not up to the required standard.
This is for two reasons. Second, it makes for a frustrating experience. Since the popularity of esports has exploded, LOTS of different competitions started taking place.
For a site to be among the best for esports betting, it HAS to offer good coverage: not necessarily EVERY contest, but at least the major ones.
Some people like to use e-wallets, and some prefer to do direct bank wires. The best sites offer all those options and more. Plus, they go out of their way to make the process for depositing and withdrawing as painless as possible.
All gambling sites should pay their customers in a timely fashion. This is one of THE most important factors we look at when ranking gambling sites in any category.
If we win, we should be able to expect our money within a reasonable timeframe. Betting online is the easiest and most convenient way to place your esports wagers.
Not to mention, it presents an opportunity to earn extra bonuses and rewards too. Once you take all these advantages into account, this question answers itself really.
It almost certainly is unless you live in the United Kingdom or Nevada, or are willing to travel to these places every time you want to place a wager.
The only other land-based options available are the casino sportsbooks in Nevada. As of right now, that option is still very limited.
Nevada sportsbooks have to apply to their regulators for EACH event they want to take wagers on. Believe it or not, it actually took until nearly the end of before the first esports wagers were placed in Nevada.