Gambling is an extremely fun and engaging activity in all of its shapes and sizes, and esports betting is here to prove it. While in the past, many gambling enthusiasts chose to simply activate a casino bonus UK and play simple slot machines or table games, nowadays, gambling lovers have a lot more options to choose from.
Besides classic and video slots, table games such as blackjack, poker, and baccarat, live casino games, and sports betting, gamblers can now have fun with esports too.
But what are esports exactly, and how they have become so popular?
Esports is a term that comes from electronic sports and refers to competitive video gaming. Teams of professional players, who are experts in a certain game, compete against each other in different tournaments and competitions, and the winners get really nice prizes. These competitions are broadcast live on different platforms, such as YouTube or Twitch, and video games fans can watch and support their favorite players.
Not long after esports started to gain popularity, people realized that esports would be a great addition to the other online betting categories and started betting on esports too. Nowadays, UK esports betting has become one of the most important pieces of the esports industry in general. LOL esports, F1 esports, Dota 2 esports, and CS:GO esports are among the most popular categories. In 2021, Statista released data about the value of the global esports market, and the numbers were pretty impressive, with around 1.08 billion US dollars, which was an increase of almost 50% from the previous year.
Although esports betting has not come to become as popular as football betting yet, for example, more and more people have started to spend time looking for esports betting tips instead of winning techniques for other classic casino games. Moreover, now you can even find casino promotions for esports betting, although finding a new casino bonus for esports betting every day is still not feasible.
The impact of esports on the gambling industry
Although a rather new phenomenon in the gambling world, esports betting developed very quickly in the past years and had a significant effect on the industry. Esports betting came with some challenges, such as the contextualization of game events within the bigger game strategy, but also with lots of interesting opportunities.
For instance, esports betting gives players more accurate odds in real-time, as algorithms can update odds at every millisecond as events unfold. They can calculate the game-win probability by analyzing lots of relevant factors, such as game difficulty, player skill, current score, and more.
Esports betting also gives gamblers a chance to perfect their betting strategies, as it provides a lot more information than the players would get from watching a regular, simple sports match. While in the case of a traditional sports match, the gamblers could not tell whether players were not feeling good or started to get tired, esports betting provides every piece of information the gamblers need in order to make the best decisions. Machines provide information about the characters’ respawn rate, health, and more, so it will be easier for players to assess the situation and place the most inspired bets.
Overall, esports betting has brought technological innovations to the world of online gambling and made it a more diverse and interesting place. And this is just the beginning. Esports has become highly popular in recent years, and it seems like it is far from going away any soon. In case you would like to experiment with the thrills of esports betting, too, remember to gamble responsibly if you want to have a really fun time.