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The eSports industry has been attracting a lot of potential investors and with all the money pouring into the game, the sophistication is normal and the jump to the summit is something that can’t be ignored either. Among the countries that indulge in sports, Japan is a name that has made quite an impact in the industry and with a whopping billion-dollar industry, the country’s reputation in the world is elevated. In nutshell, the definition is the kind of betting where the whole process is to wager on the outcome of video games. However, it isn’t that simple though where the events are multi-national tournaments.
What is eSports Casino betting?
As mentioned earlier, any event where you bet on video games can be called eSports betting. However, there is a difference in professionalism and amateurism which is a thin line that separates the betting industry. Let’s take the former, the events are held by the eSports platform where the players are invited from all over the world and the fanbase is millions.
The events are live and watched all over the globe, but the ones who are interested in or wagered the money have a keen eye. The money is placed not just on events, but also on the actions of the players in the game in a specific period. Given that the betting can be anywhere an idiot doesn’t have to a gaming parlor, it’s difficult to estimate the market. In addition to that, platforms like Youtube and Twitch allow the players to stream the games live.
This is the issue that the gambling and betting industry faces. Even though there is a light of hope from some European countries such as the UK, Germany, and Sweden, the rest of the country continue to have second thoughts about it. In some places, the law is ambiguous and in other regions, it’s completely restricted. As far as Europe is concerned, the operators must have a license to hold the competition, and betting is legal.
Out of the various platforms that offer esports betting, Unibet is a choice that offers a beautiful experience. The betting is not just easy but better. The eSports betting market is valued at $13Billion and given that the industry continues to grow, the figures are anticipated to rise.
Ever since the first event took place in 1972, the betting on eSports has gone through a lot of change. The Stanford event set the first brick of the industry and with the internet covering the far and wide corners of the world, eSports has revolutionized and as the world moves to a new dawn, the betting industry, as well as eSports, are going to be one of the successful industries to look for.
Over the years, the sites of eSports betting have popped up. The names are numerous and a lot of money is being invested to make the industry more sophisticated. With radical and aggressive approaches, eSports betting is set to make a new name.
The transformation in the gaming industry has been a phenomenon and given the aggressive steps taken by the states, it has been booming. With the adoption of technological marvels and new approaches by the advertisements and promotion, gaming has been one of the successful industries that we know of. In all this, Electronics has been an important tool in developing, advancing, and uplifting the business.
Gameplay with streaming:
The earlier games were lazy, the graphics were cringe-worthy, but with the new developments, the games are much better and sophisticated. Streaming is one of the trends that are popular with the gaming crowd. The games are not just being played but with the help of various platforms like Youtube and Twitch, they’re streamed live to the audience. In this matter, many companies like Google and Micros0ft have come forward to make the process smooth. The experts suggest that by the end of 2026, the gaming market is going to see a rise of 30% thanks to streaming.
Gone are the days when you had to download the game on your computer, now that is not necessary as the cloud can hold all your weight for you. One of the drawbacks of installing the software on the computer was that it required a lot of specification and the system will lag. As of now, the games can be played from the cloud and can be streamed.
Electronic Casino Gaming:
Electronics in casino gaming has been an appealable development. There is no need to play outdated games when there are options for better innovation and entertainment. The computer can be used to direct the pace of the game and graphics are worthy of appreciation.
The impact of blockchain:
Once considered utopian and used to transact the cryptocurrency, blockchain technology has been in use by the casino industry for a long time. However, the use has been controversial as there is no regulation either, but on the other hand, the decentralized nature of the currency offers a wide range of security options and makes the technology what it is.
As gaming includes purchasing digital tokens and items, the technology serves as a perfect platform. It keeps a record of the transfer of digital assets. In addition to that, the transactions are faster, secure and with the absence of a third-party, there are lesser charges. Besides that, the features offered by the technology have prompted many other industries to adopt the technology and allowed it to resolve various cybersecurity issues.
As technology has changed, the adoption has proved to be beneficial in all the processes. However, as the world moves forwards and various developments take place in the field of electronics, the technology is going to go through a lot of changes and with significant transformation, the gaming world that makes the best use of the technology at hand is supposed to progress. In addition to that, more sophisticated technology will mean better games.
Of all the gaming culture in the world, the Japanese no doubt is on a summit that is not just appealing but at the same time, a feat to envy. Given the reputation of the country in the gaming world, the prohibition of casinos in the country comes as a shocker. However, the regulations are set to be revoked as the country has passed the legislation for the establishment of casinos in the country. Apart from that, the socio-economic indicators in the country are high for gaming, and with a region that sees gaming as a profession, it’s no surprise that gaming and betting are ingrained in a way that is impossible to imagine.
Similar to the slots, Pachinko is something that many westerners are aware of. In other words, the slots in the country are the Pachinko, but that’s not the whole story and as you step into the country, the P-slots will be the things that you see often.
To put it in figures, there are 11,000 pachinko parlors with 4.5 million Pachinko slots in the country. The annual revenue generation of these gaming machines is Yen 285 billion which values 4% of the country’s GDP. With the new casino in the country, the parlors are adapting to the new changes, and given that the new slots will pose a challenge to Japan’s slots, Pachinko’s are adding features to be in the gaming business.
Horse betting and racing:
The Criminal Code of the country outlaws’ various forms of betting and gambling as of now, but there is an exception to racing, lotteries, and state-sponsored motorsports where the audience can wager money with no hassle.
The restrains on the horse racing are there, but to make a bet and expect decent results, there is a high chance. Furthermore, the promotions and televised games offer a wide circulation of the events. The bets can be placed from anywhere through betting machines that can also be used to cash out when you win.
Poker and online betting :
The law can fall into ambiguity sometimes and such is the case of Japan. Even though there is a restriction on the operation of the betting sites within the borders of the country, the foreign operators get a space to cater to the requirements of the public. Poker is a well-known game in the country and with a medium to place your bet, the market is booming.
Integrated Resorts and competition:
There have been various regulations and legislations in the past but to no avail. One of the most significant that comes to the mine is the early 2000’s when the legislators tried to pass the bill. However, the development came in 2015 when the bill was introduced which was passed in 2018. This will establish the first line of casinos in the country in the form of Integrated Resorts.
With an annual income of $12.5 billion for general betting, the casinos in the country will not just pose a competition to the regional gaming industry, but also generate revenue for the government.
Gaming in Japan has not just been a regular affair, but the concentration and dedication the country has shown and invested in the arena, has gained it a unique reputation. However, as far as gambling and betting is concerned, there have been constraints and legislation that has hindered the progress of the industry in the country. Given that the country has an overwhelming market for gaming, the recent legal provisions to legalize the casinos in form of Integrated Resorts in the country will give a boost to the economy and reputation of the country.
Esports in japan has held a position in the international market that has led its counterparts to envy. The diversity in the gaming market has allowed the industry to prosper. In terms of revenue generation, the gaming market in the country was estimated at $44Million in 2018.
One of the significant factors that have affected the gaming market in the country has been the strict restrictions mandated by Japan.
The recent hike in the gaming market of the country can be attributed to the fall of the American gaming market. The impactful penetration in the market was in the 1980s, and when the American market failed to rise and instead it sank, Japan took advantage of the opportunity and capitalized on it. Along with the revolutionary initiatives, competitive tournaments like Tougeki, Toganga League or Mix up Night carved a status to the market.
Gambling and betting in the country go through a lot of legal hassles. With gambling banned, but certain types of betting and lottery legal, the interpretation in the country can be quite confusing. In terms of online betting, the law of the land is ambiguous and there is no such law that prohibits or legalizes it. Having said that, it will entail that as long as the platform is based out of Japan, the players can wager. Even various bookmakers offer exclusive services to the Japanese audience.
The market in Japan is at its highest, but as the country is set to make its debut in the gambling industry, the expectation is high. However, surprisingly the share of the gaming market in the country’s GDP is only 1%. Given the advent of casinos in the market, the industry of gaming and gambling is surely going to be the major contributors of the country. The most significant growth in the industry came in 2018 when the overall revenue of the gaming industry rose by $3million. As of now, the overall revenue generated by the industry is $19.2 billion.
Sports betting :
There are more than 6 million professional players attached to Japanese gaming. The ground for the betting industry in the country is ready and with exception to casino gambling. The country’s law currently allows lotteries, pachinko, and sports betting. In addition to that, various foreign platforms offer betting services to the Japanese bettors with access to diverse markets.
Betting in the country has gone through a lot of aggressive legislation and with the new age coming to dawn, the Japanese are set to legalize casinos in the country. This surely will pose a challenge to the already booming betting market, besides opening doors for legalizing other forms of betting.
An era has come to pass and with the conclusion of another year, the new year advances with hope and new things. The wait for the future is over and as the betting industry progresses with all its power, the old tricks and tactics are still in place. The paradigms of the market will change, the diversity will expand and the jump will be massive in the industry. The shifts in the big game are likely to change the whole arena of gaming. The tournaments will be held on the new protocols, and these are not just the healthy ones. So, you have to hold on to your horses before you slip into the game.
Know the deal:
Numbers play the main part in gaming, especially betting. A little miscalculation and you are looking at a big loss. However, a sensible bettor will do anything for the game but overlooking the numbers. The tournaments are tricky to play and confusing to understand. So, the foremost thing to understand how the game works, and the nuances that can affect the bet. Once you know the game, the rest of the path appears.
Some dos and don’ts are there for everything and whether you’re betting or playing for fun, the emphasis on the insights is crucial. The tits and bits of the information decide the outcome of the game. The addition of knowledge and strategies of betting will put you in a favorable position.
Esports has a well-established name in the tournaments. Various tournaments are held regularly and before you know it, they’re over. So the initial thing is to be aware of the news in the gaming area. Besides that, even though there are plenty of tournaments that you can wager on, you must aim for the most popular ones. The competition will be tough but the fruits will be worthy of climbing the tree.
The internet bookmakers are the most significant development that has happened in the industry, however, there are indicators in selection. With no dearth of platforms, the bettor must consider his preferences when selecting one. Despite the abundance of bookmakers, only a selected one will offer you a choice that you can’t refuse.
Stats are numbers and digits are everything in betting. A bettor that knows how to do that, knows the game. Transit the numbers, research about the history of the performance of the sides, get the ranking of the teams or players, and any small detail that might be useful.
The last but not least, betting is a process where all your knowledge of the game comes to use. Compare the teams, analyze, and use the research to get the outcome. The decision mustn’t be made in haste. Only a calm mind will help you.
Follow up is very important. Keep an eye on the news and information regarding the recent and upcoming competitions. Analyse everything and think before you bet.
Betting is fun; the reasons are numerous and as soon as one jumps into it, the issue becomes complicated. Even though the affair seems easy, as a beginner, the complexity is more and understanding is less. Having said that, there are dos and don’ts to everything and betting is no alien to it. The lack of knowledge and absence of skills in the game will cost you dearly. So, to be in the best book and play on the safer side, the rules are to be followed and made sure that you have done whatever you could to make the best of a bet.
Identification of the nuances:
Without any idea of a game, if a bettor proceeds to bet his amount, there are higher chances that he will lose all. So, you must know what you’re into. Given that the process of betting is complex, the need to research and gain experience is very important. The more you study the market, the better you become at it. Before you place any bet, the first and foremost thing to do is to make sure that you know everything about the game. This includes the knowledge about the sides, the performance, and anything that must’ve happened in the recent past.
Understanding of the odds:
In addition to the bonuses that will be offered to you, odds are the best thing that you must learn. They are in simple terms, the probability of something happening or not. However, to know the odds, you don’t need to be a genius to ascertain the facts. Odds can help you in knowing the chances in the game besides that, some sites offer fair odds that can help you boost the game.
Given that, betting is an affair of numbers and as long as you have the numbers, you can help your game. Having said that, the numbers are important, so there is no space for superstition. For a start, the emotion is to be curbed and the numbers are to be trusted. Besides that, keep your head in the game and don’t chase the losses as they’ll distract you from the game.
Importance of the sports betting sites:
There is no dearth of sports betting sites on the internet, but at the same time, caution must be adopted when choosing the website. The most important thing is to ensure the credibility of the website. This includes checking the license number, security of the websites, and reviews. With proper research, you can verify the platform. However, due to the vigilance of the betting houses and casinos, the number of spoof sites are very few.
The important task is not just to arrange the money, but to use it in a way that makes sure that you are using it sensibly in the game.
As a beginner, sports betting can be difficult as there are a lot of factors to consider, but if you have researched enough, then it should be no big deal.
The CEO of Dreamworks Animation, Jeffrey Katzenberg, explained in one of his interviews how 3D, sound, and colour are the three major aspects which are revolutionizing the film industry. Dreamworks and Pixar have already switched to 3D for all their movies. The next step in the revolution is thinking about how 3D technology can impact households, and the answer is simple – Video games.
The gaming industry has been advancing in 3D gaming, creating games that are getting closer to reality year by year. Many movie directors, including James Cameron, has predicted that gaming will change everything making the ultimate immersive media in future. VR technology is the next big introduction in movies and gaming that will push 3D technology higher.
It has been just two decades since the gaming industry has achieved the milestones that no one predicted in the ’90s. In the beginning, the games were not even close to being realistic. The graphics were iconic and looked nothing like the picture on the cover of the game. The only thing which made the game seem realistic was our imagination. Today, we have games that have rendered characters and open worlds. Games live GTA V, and Red Dead Redemption 2 are huge milestones in making the games more realistic.
We cannot expect one to go back and appreciate the classics if they were not born in the era when gaming was just an arcade entertainment. Games like space invaders looked cool on the cover but only offered a minimalistic graphics and freedom. The developers today work to tweak their characters in the games and movies even better, to make them as realistic as possible. But, back in the ’90s, it was much more difficult even to create a well-rendered geometric object like a car or trees.
Today we have several new technologies which make 3D object development easy. The designers are now more efficient than ever in creating graphics that may require a high graphic card, but can almost look like life inside a screen. PCs and Consoles today can support the games with large sizes, and high graphics with ease and the gamers are willing to invest. Due to this, the developers do not hesitate to use every technology that is available for creating games.
The VR technology combines with 360 camera can do wonders in the film industry as well as in gaming. It can provide the immersive real-world platform that the audience can expect to see soon. There are new VR games in production already. Games like No Man’s Sky, Half-Life: Alyx, and Astro Bot: Rescue Mission are some of the VR based games that you can try out today to experience the future of 3D gaming.
Strategy games attract a lot of gamers who like this genre because it gives them the fun of building their own empire from scratch. There are a lot of ways a strategy game can be played, which interests the gamers to find the best ways to stay ahead of others. The maps, army list, building structures, trades, and battles is what keeps the gamers hooked to strategy games. Here is a list of the best strategy games that you can play on PC.
Total War: Three Kingdoms
Total War: Three Kingdoms is one of the most trending game in this category. The theme is based on a Chinese civil war which takes place between different clans. Every character plays an important role in shaping the outcome of the war. The main attraction is that the army is filled with superhuman warriors that need training and upgrades.
Crusader Kings 2
Crusader Kings 2 is a dynastic strategy combined RPG game which gives you the command of a massive army. Each character has goals and desires that make them different. It has a dramatic storyline with a simulation that can corner you into desperate situations where you will make decisions to retain the power of the kingdom. The game is free to play but has a lot of expansions that may need you to spend money on speeding up the story.
Total War: Warhammer 2
Warhammer 2 is a sequel to a game which was praised for creating massive battles and impressive war units. This is an improvement on the previous game and offers a lot of new things including tweaking of heroes, rogue armies, new heroes and characters, and a completely new map.
Europe Universalis 4
Europe Universalis 4 is the ultimate grand strategy game which gives you the command of a nation from the Middle Ages to 1800s. You can make decisions for the nation, handle its economy, command the armies, and build your empire. The theme is based on the real-life events of history that you can alter with your decisions. Even if the maps and the gameplay confuse you, it is still interesting to see where the story goes when you make random choices.
Civilization 6 is a new version of the evergreen Civilization series. It is one of the best strategy games series with improved graphics and storyline in every edition. This time the biggest changes in the game is the district system which can allow the gamer to unstack cities just like unstacking the armies. It can make you think about the future while constructing new buildings in your land. There is a concept of the Golden Age and Dark Age which can keep you hooked. They also offer several bonuses and debuffs based on your development statistics.
Casino games can never assure you a win. Gamblers go from winning streaks to losing everything in the next move. It does not matter what game you play, but if the game has a house edge, you will most like to lose all your money at some point if you keep playing. Well, this should not kill your spirit to make your fortune, as with some right strategies and tips, you can keep yourself safe and enjoy significant profits all the time. Here is how you can improve in casino games from a beginner to a professional.
Pick the right games
Always remember every game offers a different odd, and your task is to pick the games which offer the best odds in your favour. Also, pick a game that you can enjoy and never keep earning money as your priority.
Control your winnings
There is nothing wrong with aiming for bigger wins if you are feeling lucky. However, the professional does not follow the same idealogy and believe in controlled gambling. They set the stop loss and take profit limits on their daily gambling to discipline their habit. Controlling the loss is not important than earning profits, and a single hand can turn the tables for you.
Take your time
Always be patient with casino games. Never lose your composure to act outside your betting limits and strategies. Make higher bets only when you have a calm mind and a chance of winning, not when you are frustrated with waiting.
Learn the bet rules
Always learn the rules of the game thoroughly before playing. Every game has different rules, payouts, house edge, and table rules. The same game of blackjack can be played with two decks at some tables, and the aces might be able to spit in some tables, and you can also double down on cards at some tables. Make sure that you read the rules of the table or slot machine before gambling.
Learn the basic game strategy
The games which allow you to influence the outcomes, like blackjack, poker, baccarat have a basic strategy that every player must know. The basic strategy can cut the house edge to half or more. This will not only offer better rewards but will also make sure that you are not throwing money blindly to casinos. Once you master the basic strategy, you can move to the advance strategies to compete with the pros.
Avoid all house games
There are some games which are regarded as house games which you should avoid if you cannot afford to lose a lot of money. These games include slots, keno, video poker, and more. The best game to play with minimum investment is poker. It is easy to learn and have a low house edge.
Remember that casino games are not a source of earning but just entertainment. Controlled gambling is the only way to never lose to casinos. If you care about winning all the time, you will not be able to enjoy what the casino has to offer.
The Coronavirus pandemic has disrupted the sports betting industry with the sudden halt of all sports globally. What that means is that the betting options are as slim as never witnessed before. This has left bettors with virtual sports and eSports as the remaining betting options.
Virtual sports is the dominant force between the two and ranks third in the list of the most popular sports betting options after football betting and horseracing.
What is Virtual Sports Betting?
Virtual sports betting is simply betting on software simulations of sports, otherwise known as virtual sports, or fantasy sports. These are electronic games inspired by real sports and use random number generation and player/team statistics to generate visual feedback and random outcome of games.
The earliest virtual games had a poor play-by-play description. Still, with the latest technologies like motion capture, and state-of-the-art 3D graphics, virtual sports resemble the real-life games in terms of visuals and gameplay.
How Virtual Sports Betting Works
The markets and odds work in the same way as in sports betting. Before the game starts, the participating teams or entities are displayed together with the respective markets and odds. Also, information regarding the form of the teams or recent performance is shown to help players make their bets.
There is often a time limit set for players to make their bets before the match starts. The games here take a very short time, and once they are over, the results are displayed, and winnings are paid.
Pros and Cons of Virtual Football Betting
The advantage of fantasy sports betting is that games are available 24/7 so any time is game time. This is unlike real sports, where all events follow a calendar. Another thing, players don’t need to have prior knowledge about the game, the teams, or players.
On the downside, virtual sports betting can deplete the bankroll very fast because of the quick-fire bets. The simulated games also don’t have the adrenaline and entertainment that comes with real sports betting. Lastly, virtual sports betting require powerful devices and fast internet connection for the best experience.
Best Virtual Sports to Bet on
The fantasy sports betting industry has grown exponentially in the last few years. Today, there are so many virtual sports to bet on. The list includes;
- Virtual Football – This is a soccer simulation game that features competitions like the world cup tournament, and several top leagues. The bets are similar to those of regular football betting.
- Cricket – Here, the Indian Premier League (IPL), is the most prevalent in the virtual cricket betting segment and involves betting on simulated cricket matches.
- Virtual Basketball – Fans of basketball can also wager on their favourite teams in virtual basketball betting where the NBA is the dominant league. The bets are the same as the standard basketball betting.
- Horseracing – In this virtual sports betting, players predict which horse will win the race, among other bets.
- Dog Racing – Also known as greyhounds, this virtual sport involves predicting the winning dog in the race, among other bets.
- eSports – This is a pretty new form of virtual games betting where gamblers bet on video games played by pro eSports players. Examples include FIFA betting, and PES betting, which are football simulator games.
The above are some of the most popular virtual sports that players bet on. Other worthy mentions include virtual speedway, Formula 1, virtual tennis, and virtual baseball, among others.
For the record, these virtual sports are inspired by real-life games. For example, virtual cricket leagues depict the top cricket leagues such as the Indian Premier League, and to some extent, the teams, and player traits. This is the same for all the other virtual sports.
However, the actual league names, team names or player names may not be used in all the virtual sports because of licensing. Yet, the leagues, teams and player names can be decoded. For example, in virtual football betting, Arsenal is referred to as London Gunners while Crystal Palace is Crystal Eagles.
Best Virtual Sports Betting Sites
Now, when it comes to the best sportsbooks for virtual betting, the first thing players need to make sure is that the company is licensed by any of the renowned regulatory bodies. Also, the games should be independently audited by firms like BMM Testlabs and iTech. This is to ensure that the virtual games are of the highest quality, and most importantly, fair.
Players should also find a casino that has all the virtual sports they intend to bet on. Besides the games, find out about the markets and the odds. Some bookies have fewer markets with very low odds. The ideal choice should be a bookmaker that offers large markets and the highest odds.
Lastly, check the user-friendliness of the betting site and here, aspects like compatibility, site performance, security, currency, language and customer support are essential.
Virtual Sports Betting Tips
For players who are embarking on virtual sports betting after reading this, here are some tips to get started.
- Pick the bookmaker wisely. Avoid these little known betting sites and go for the household names as they have wider markets, better odds and enhanced features.
- Players should ignore all the prior knowledge they have about the sport, including the leagues, teams and players. Virtual games are based on random number generator software and the individual players in the case of esports. So while the big four are always the favourites in dominating the English premier league, the underdogs could prove otherwise in virtual football betting.
- Focus on the odds at hand. In most cases, the higher the odds, the slimmer the chances of winning. This is an aspect that is common in virtual games.
- Virtual sports are fast-paced games, so players are advised to stake small. This way, they are guaranteed to play for longer.
- Just to let players know, there are no strategies to beat the bookmaker. Also, there are no predictable patterns to be used to predict the outcome of the game.
Responsible Virtual Sports Betting
Research shows that fantasy sports betting is more addictive compared to normal sports betting. The round-the-clock availability of betting options and the fast results are some of the reasons players get hooked easily. As a player, make sure to set a budget for virtual sports betting, and stick to it. Also, size the bets wisely and never chase losses.
While many doubt the fairness of virtual sports betting, it is a gambling option that is here to stay, especially during such times when there are no real sports to bet on. Even when normality resumes, virtual sports betting will still hold a special place in the hearts of sports betting enthusiasts as popular sports like horse racing, cricket, dog racing, and motorcycle speedway are not available all the seasons.