Electronic sports or better know eSports, has grown into a massive global phenomenon over the past decades. It has become a multi-billion euro industry that attracts millions of viewers worldwide. In this article, we’ll examine the development of eSports, its current state and the betting landscape surrounding it.
Table of Contents
Development and current state of eSports
While competitive gaming roots can be traced back to the 1970s, the real breakthrough came in the 2000s with the proliferation of internet and streaming services. Today, the most popular eSports games include: Counter-Strike 2, League of Legends, Dota 2, Valorant and Overwatch.
The largest tournaments attract millions of viewers both in-person and online. For example, the League of Legends World Championships have gathered over 100 million viewers!
Professional players and teams
Today’s eSports professionals are comparable to top athletes in traditional sports. Players maintain regular practice schedules, follow strict diets and take care of their physical fitness. The largest teams operate professionally and have: Coaches and support staff, Training facilities, Sponsorship deals and Merchandise sales.
eSports betting with crypto
As with traditional sports, betting has grown to become a significant part of the eSports industry. Betting primarily takes place on regulated betting sites that operate under government supervision and also some crypto casinos as well. You can conveniently find all the crypto casinos below that offer betting on their casinos, so you can bet with cryptocurrencies.
Forms of betting
The most common types of eSports bets include: Match winners, Tournament winners, Special bets (e.g., first map winner) and also live betting during the matches.
CS2 Gambling
CS2 gambling is a form of betting that revolves around the popular game Counter-Strike 2. At its core, it involves two main aspects: skin betting and traditional match betting. When we talk about skin betting, we’re referring to the use of in-game cosmetic items, called skins, as a form of virtual currency. These skins can be worth significant amounts of real money, and players often use them to place bets on matches or in casino-style games.
The other major component is match betting, which works much like traditional sports betting. Players can place real-money wagers on professional CS2 matches and tournaments through licensed betting platforms. This has become increasingly popular with the rise of esports competitions.
There’s also a gambling-like mechanism within the game itself called case opening. Players can purchase keys to open virtual weapon cases, hoping to receive valuable skins. This system operates similarly to a lottery, where the outcome is based on chance.
It’s important to remember that betting always carries risks. The principles of responsible betting include:
- Only bet money you can afford to lose! Dont over bet.
- Set clear limits for time and money
- Don’t chase losses
Summary
eSports has grown from a hobby into a global entertainment industry branch. Its professionalization and growing viewership have made it an attractive target for betting as well. As with all betting, responsibility and careful consideration are key in eSports betting
