Here’s why eSports is a growing industry
Believe it or not, the eSports betting industry has been showing incredible growth rates. In 2019 alone, the industry’s value surpassed the $1 billion mark and shows no sign of slowing down.
Although eSports has been existing longer than we could ever imagine, it took many years for eSports to be recognized by the public. As a matter of fact, some consider it as an alternative to traditional sports.
eSports is basically a form of competition played through video games such as StarCraft and Dota 2. It is often organized by huge gaming organizations and is played between professional gamers. Some of the most common genres played are first-person shooter (FPS), multiplayer online battle area (MOBA), real-time strategy (RTS), and battle royale.
One of the reasons behind its popularity is the introduction of live streaming platforms such as Twitch and YouTube Gaming. With the number of views garnered with every match, most betting sites took this as an advantage and added eSports into their lineup of sport betting categories. With the help of online sportsbooks, eSports betting is now made easier.
Here are the other reasons behind eSports’ popularity:
Inclusivity and accessibility
A major factor that contributes to the popularity of the eSports industry is how accessible video games have become. What’s great is that you do not need a huge amount of money just to enjoy playing or watching the game. When it comes to betting, you can place the lowest wager possible.
Unlike traditional sports, you do not need to run, tackle, kick, etc just to participate in the game. All you need is a stable internet connection, a PC, and the game itself.
One of the most notable features of eSports is that there are several video games to choose from. Different games have different variations that make them more interesting. If you are a fan of FPS, you should go with Call of Duty and Counter-Strike. If you like traditional sports games, NBA 2K and Madden NFL are your top options. You will never run out of markets to bet on because there are several eSports leagues held around the world.
Even though these are just ‘games’, a huge amount of money is used to produce high-quality video games. This also makes it more fun and exciting to watch. Some games also look realistic to the point that you can definitely feel that you are also in the game. As technology evolves, so does the gaming industry.
eSports and gaming, in general, is considered as a social activity where you can meet people who have the same interest as you. It is also because most eSports games are team-based, meaning you need to form a team and win together. Even if you are playing online, communication and team coordination are highly valued just like other sports in the industry.
With the continuous popularity of eSports betting, there is no doubt that it will become among the top markets in the industry.