Placing bets on sports teams, games and events has been extremely popular over the last few years. If there is a particular team you adore, you can make a fortune if you can predict the outcomes of games. People use their experience and data analytics to make the decisions that will bring them big winnings.
In case you want to place a bet, you don’t need to go anywhere as there are lots of online platforms today. You can go to Premier Bet Mali and try your luck.
However, there has been a new frontier in wagering these days. We’re talking not about classic types of sports games but about electronic sports. Now it captivates millions of users worldwide who can not only watch esports games but also place bets on the outcomes.
New kinds of gaming competitions
In simple words, electronic sports are about organized and well-planned video gaming competitions. Individual players as well as professional teams can both take part in such tournaments. In the beginning, these were casual get-togethers in houses and computer clubs. Later they evolved into huge events that draw in millions of fans online and offline.
There is a plethora of games professional players and teams play in such sports events. We are talking about the following games:
- Dota 2;
- CS (Counter-Strike);
- League of Legends, etc.
These tournaments have become so viral and sought-after that their prize pools now match the prize pools of classic sports competitions.
Key drivers
As soon as people started to show interest in esports events, there appeared esports betting that mirrored the growth of the industry. This increasing interest among people worldwide makes betting platforms consider recognizing the whole potential of creating new kinds of bets.
Nowadays, there are tons of resources like online bookmakers and betting platforms that offer fascinating betting options and odds on numerous tournaments and matches. That’s how the gambling industry has found a way to cater to a more diverse audience.
Still, it’s exciting to understand what the key drivers are. Here is what stands behind the popularity of such competitions:
1 – Immersive nature
If you’re a player of modern video games, you know for sure what an immersive experience it is. One mesmerizing game can make you get lost in time. If we compare it to traditional sports events, then spectators are mostly just spectators. All they have to do is passively observe how athletes play their games. On the other hand, lots of esports fans are avid gamers themselves. As they have firsthand understanding, it brings even more excitement and engagement to their experience. When wishing to place a bet, gamblers can use their knowledge of the game, strategies, and player performance to make more well-thought-out decisions about their bets.
2 – Geographical accessibility
When a traditional sports competition takes place thousands and hundreds of miles away from you, it might be hard to watch it online. It may require people to search for relevant websites or TV channels, and sometimes it may even require users to take advantage of VPN services.
Esports events are always streamed live on popular platforms that are used among users worldwide. We are talking about Twitch or YouTube Gaming. That’s why whatever your location is, you won’t have issues with watching any electronic sports events live.
3 – Tech-savvy demographics
It doesn’t surprise anyone that such events attract a much younger audience than classic sports competitions. We’re talking about millennials and Gen Z. They are more well-versed in modern tech devices, online transactions, and digital entertainment than their predecessors. That’s why it makes them perfect candidates for online betting.
However, more older people are also interested in new betting options. The games professionals play at such tournaments have been with us for years now. Some might say that they have grown up on games like Counter-Strike and Dota 2. That’s why the esports betting audience is even bigger than anyone can anticipate.
Current concerns
Nothing in this world is perfect. There are some risks regarding esports betting. Here are some risks that concern people around the world:
- Weak age verification measures;
- The practice of irresponsible behavior among gamblers;
- The rise in match-fixing and cheating scandals.
Conclusion
As there has appeared a new option for betting enthusiasts, esports betting platforms have become increasingly renowned. Besides placing bets on traditional sports events, users can make predictions and bet on them in electronic sports. Multiple key drivers make this industry extremely successful. However, there are still some risks and concerns which should be addressed.
