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Esports is the rising star in the sports betting industry.
Experts believe that esports will become the main betting
event amongst sports bettors in the next 20 years.
With traditional sports on hiatus, esports have the opportunity to be huge.
The question is will traditional sports fans actually tune into,
follow, and bet on esports?
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Here is why bettors of traditional sports should consider esports betting.
Hands down, esports are going to be the biggest thing in sports betting
over the next six months. Remember, all of your favorite sports that
you typically bet on are suspended at the moment.
They could either A) not return this season or B) still
be months away from returning.
Esports is the perfect alternative until MLB, NBA, NHL,
and EPL return to action.
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Research found that the total amount bet on esports competitions is expected
to hit $12.9 billion this year. That figure could actually soar higher due
to the fact that traditional sports are not being played due to coronavirus.
Leading online sportsbooks already offer markets on esports.
Scrolling through my favorite online bookie (Bet365),
I found a number of exciting esports football markets.
The lack of traditional sports has only ramped up the offerings
of esports from sportsbooks.
In September 2019, it was reported that the worldwide amount
wagered on esports betting is growing steadily. In 2015,
the amount wagered on esports was $315 million. In 2018,
the amount wagered on esports was $7 billion.
This year the amount wagered is estimated to be $14 billion.
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Once again, that projection could be blown out of the water due
to traditional sports being suspended.
With traditional sports canceled due to COVID-19, many sports bettors
will wonder if the virus has caused problems in the esports world.
The good news is esports has the ability to be played solely online
and games do not have to be played in an arena in front of crowds.
Gamers do not even have to play in the same room with other players.
The great thing about esports is it can be played solely online.
For example, the ESL tournaments have been moved online after their
events in Los Angeles and Birmingham were canceled.
League of Legends also announced they would have their
spring season and playoffs online.
Best ESPORT betting sites and gaming news |
League of Legends picks,dota2 picks,
Call of Duty (COD)
Counter Strike: Global Offensive (CS:GO)
FIFA eSports Leagues.
Fortnite: Battle Royale.
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