There is a new tycoon in the entertainment market, and many are surprised that it is online video gaming. The popularity of online games is steadily increasing over the years now, and in the year 2020, with people forced to stay inside more than ever before, it is reaching its peak. Here we will take about 5 Reasons of Popularity of eSports Betting. Many people who are not familiar with this are usually surprised when they hear that competitive gaming is a strong industry with a lot of people watching them live. Here are 5 reasons for the popularity of eSports betting.eSports is gaining a lot of traction these days and is becoming a very popular form of sports betting across the globe. It’s going to hit the revenues graph of $23.5 billion by the year 2020, so it’s a great time to know about this and why it is getting so exciting online games! Here are 5 Reasons of Popularity of eSports Betting.
The past 5 years have witnessed a major jump in the audience viewing figures and competition participation for eSports.
The prize pool, audience, and people involved – everything has increased over the past few years thus offering a steep rise in its excitement and popularity. The old figures are set to smash the older figures.
Below are the 5 reasons why betting on eSports is gaining so much popularity
1. Plenty of Opportunities
The number of odds to bet on is astounding. The first thing you will likely notice is that they are more competitive in eSports games than you thought there is. They vary in different ways, some of them will be more familiar to sports fans as they are sports games like basketball, football, or some other sport. But you also have fighting games, strategy games, racing games and maybe most popular are MOBA games like League of Legends or Dota 2. This is one of the 5 Reasons of Popularity of eSports Betting.
2. Less research required
Some people leave it all to lady luck. Others, those who tend to win more often, do thorough research before placing their bets. When it comes to Esport, the research work is less for you to make the right bet. That is especially true if you are already familiar with the game you are watching. But even you know nothing of the game, you still need far less research. For one, you don’t have to keep in mind are there any notable players injured, since online athletes tend not to have a knee injury, and even if they do, it will not prevent them from hitting buttons on their keyboard. This is one of the 5 Reasons of Popularity of eSports Betting.
Since it is pretty new to most of us, the bookies will have a more difficult time analyzing everything to perfection. Bookies tend to offer small odds on favorites in real-life sports, but here it is different. There are not even so clear favorites in online gaming, so upsets and underdogs stories are more likely to happen. And that is not only more fun, but it can also be more profitable.
As we can see, betting on online games is an industry that is growing, and we still can not see their celling. In the future, it will be as normal to watch a Counter-Strike match as a tennis match. So it is the best idea to join this new and exciting business as it is growing, and not to be the last person that comes to the party.
4. Welcome bonuses and regular promotions
Promotional bonuses are yet another type of bonus that a bookmaker gives to its regular customers to reward them and encourage them to play. These bonuses range from a small amount of money through raised odds and free bets to individual matches. Especially these bonuses are exciting during many sporting events such as the World or European Championships, UEFA Champions League Finals, etc.
You can bet online anywhere anytime. One of the rarely mentioned but indeed essential reasons why online betting is better is that you have absolute privacy when gambling online. No one is looking over your shoulder at what you played or how much money you paid.
You might think that it is better to bet on local bookmakers because they prefer it. There are certainly positives to betting on both sides, but there are many more benefits to betting online than traditional betting at local bookmakers.
These are some of the reasons the betting on eSports is so exciting and seemingly increasing every passing day!