Esports is a rapidly growing industry with an estimated global audience of 335 million people. In 2019 alone, esports has generated over $1.5 billion in revenue and continues to grow at an exponential rate.
While there are many misconceptions about betting on esports, it’s important for you to know the basics before you start placing bets on your favorite games or leagues. This guide will walk you through everything from basic terms used in esports betting to how much money is being made by both bettors and casinos alike!
What Is Esports?
Esports is a form of competitive video gaming that can be streamed online. It’s played at a professional level, and it’s popular in South Korea, China and North America. Esports has been around since the 1970s–back then it was called “cyberathlete.”
Esports has been growing in popularity for years now; according to Newzoo data from 2018, global revenues from esports hit $1 billion last year alone.
The History of Esports
The history of esports dates to 1972, when Stanford University hosted the Space Invaders Championship. The first large-scale competition was Nintendo World Championships in 1990 and had a $10,000 prize pool (equivalent to $21,700 in 2018). It wasn’t until Intel Extreme Masters in 2006 that we saw a $1 million tournament with League of Legends being its first game title.
How To Bet on Esports
You can bet on esports with a sportsbook, casino and poker site. This guide will cover the basics of how to bet on esports with each of these betting sites.
Esports is a growing industry, and if you’re interested in betting on it, you need to know how.
Esports is the competitive playing of video games at an organized level–and it’s become big business. According to market research firm Newzoo, esports revenue will reach $1.5 billion by 2020 (up from $696 million in 2017). The industry has grown significantly since its inception: In 2000, when South Korea hosted its first esports tournament for StarCraft: Brood War–an early real-time strategy game where players control armies of units while building bases and researching technologies–only 300 people showed up to watch live or via online streaming platforms such as Twitch. By comparison today there are thousands of tournaments around the world with millions watching online via live streams on Twitch alone (which was acquired by Amazon).
Conclusion
Esports is a growing industry, and if you’re interested in betting on it, you need to know how. If you have any questions or would like more information about esports betting and sportsbook Malaysia, feel free to view this infographic and also you can contact us at here at Cm2bet.
