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The online gaming industry has opened the doors to Esports gambling by actively encouraging millions of bettors to bet on a wide variety of sports games. Esports is one of the fastest-growing gaming categories that has experienced unprecedented growth and popularity today without a doubt.
The various online casinos operating across the globe provide the ultimate sports betting platform to all sports betting enthusiasts across the globe. With access to all the major Esports tournaments and leagues at Britain Bet, players can easily enjoy Esports betting from the comfort of their home. There are global Esports events taking place almost every weekend wherein the punters can place their bets on all their favourite sports betting games without any hassles, effortlessly.
Did you know?
Esports betting is on pace to reach up to USD 8 billion in total wagers, equating to $560 million in revenue at an industry average margin of 7%. In terms of numbers, the Esports online gambling industry is expected to hit $1.5 billion.
Before we delve deep into Esports and its popularity. Let us first understand what is Esports gambling.
Esports gambling: A short glimpse
Well, the abbreviation of Esports is electronic sports and denotes competitive video online gambling. Esports online gambling is indeed a huge business. As we are all aware, video gaming is highly competitive in itself, but when there are professionals and money involved, things can get pretty serious. Nowadays, players can choose from plenty of Esports and casino betting games and gamble on the go instantly.
Esports attract huge audiences who enjoy immersing themselves in live betting too. And so, we at Britain Bet, provide a sophisticated live betting platform promising utmost authenticity and candour. The online gambling industry is much aware of the growth and immense popularity of the Esports sector, and so, the online casinos today offer a plethora of Esports games to bet on seamlessly.
Types of betting in Esports
There are different types of bets that you can place when it comes to Esports. Below are a few of them. Take a look.
1. Betting Outrights
As the name suggests, in this type of bet, gamblers place their bet before a competition or an event has commenced. The most popular bet in this category is one for the outright winner of the competition or event, but there are also bets determining which players will continue to the next stage of an event.
2. Match Winner
This is the type of bet gamblers place when they want to pick the winner of one particular match. The odds here may be fixed, which means that they are determined by an odds compiler a few days before the match starts or they could depend on how many bets are placed on the participants.
In this type of bet, gamblers bet on how many of a given thing will be played out in the course of a game. In other words, this type of bet revolves around a specific stat. Typically, players bet on total maps played, total kills, total rounds, or total points. Keep in mind that betting on totals has nothing to do with the outcome of a match or event; rather it is mainly concerned with the total stats played in a game.
Betting on Esports: Here is how
Esports gaming can be broadly classified into two namely – cash betting and skin betting. Between the two, cash betting is the most common and preferred, and it offers three options – sportsbook, Fantasy Esports, and head-to-head. Let us get to know each of them in detail.
Sportsbook online gambling is similar to regular sports betting online where players stake cash wagers on the outcome of Esports matches. There are several markets under this category, depending on the sport you decide to place your bets on. There is also a provision for live betting, wherein the bettors can predict the outcome of a game in real-time.
Fantasy Esports betting includes other fantasy games, where players create fantasy sports teams and compete against others in a point-based scoring system. The players with the best performing team win the prize.
Head-to-head Esports gambling refers to players betting on the outcomes of the matches they played against each other. Although Esports is currently the most dominant, fantasy and head-to-head betting will soon gain popularity as the market grows.
Skin betting on the other hand is concerned with ‘skins,’ which are virtual elements of a video game that change the appearance of in-game items such as weapons and avatars. Gamers ‘sell’ skins through betting sites and use them as virtual casino tokens.
However, the popularity of skin betting is faced by multiple controversies and legal issues. This is because some players who won skins sold them for real cash, which is a form of unlicensed online gambling.
How does the future of Esports gambling look like?
The future of Esports gambling looks all bright and vibrant without a second thought! Some of the significant challenges to the development of Esports are legislation, access to player performance data and match integrity, lack of a standard data collection mechanism across games, vile practices such as cheating, doping, match-fixing, using cheat codes and other underhand methods.
There are numerous venture capital firms that are investing in the Esports betting sector because of its extraordinary growth and potential.
Esports require unique environments for both players and fans. The increasing viewership of the sport gives an opportunity for the investors to a spectacular platform and exposure to the Esports community at large.
Why choose us to explore Esports?
We, at Britain Bet, pride ourselves in understanding how important it is for players to have a seamless, authentic and immersive online betting platform. Whether you enjoy Esports betting from the comfort of your home or prefer betting on the go, our fully optimized site allows you to place bets on your favourite sports anywhere, anytime.
If you want to explore a variety of Esports online betting UK markets with the most competitive odds and an array of exclusive deals and promotions, then, Britain Bet should undoubtedly be your choice.
That’s not all! If you are someone who enjoys betting online on other sports like Ice-Hockey, Tennis, and Badminton to mention a few, then, we have got them covered too. From Cricket betting to Horse Race betting, you can enjoy an exceptional online betting journey with us.
If you are interested to discover the thrill and excitement of online casino games developed by top-notch gaming providers, then, we offer an exuberant collection of online casino games. You can place bets on classic slots to exciting table games such as online Baccarat, online Blackjack, Video Poker, and many other casino games. At Britain Bet Casino, you are sure to experience the authentic brick and mortar casino feel instantly without any tedious journeying.
There is not even the slightest doubt that Esports is going to attract the attention of all the avid bettors worldwide. As the Esports sector continues to prosper, the television companies are beginning to invest in broadcasting all the major Esports tournaments. Esports is booming and will continue to boom in the future as well.