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.