The idea of betting on eSports might seem crazy, but stay with me. eGaming has gone from being a pastime to a full-blown industry. People are now earning big bucks working in and around the gaming industry.
So, is there anything new in the eSport betting space?
Well, the short answer is yes. Besides the introduction of eSports on most betting sites, the industry has also seen notable progress in the past couple of months.
Companies Have Seen the Potential in eSports
Times are changing, and companies are looking for creative ways to advertise. As a result, the sector has seen big sponsorship deals from multinationals like Mercedes. And that allows eSport event organisers to offer considerable payouts in competitions.
So, how has this affected betting?
For starters, eSports is a competition based game, and that makes it perfect for sports betting. Bookies see this sector as the most significant opportunity yet, which explains why most of them are adding eSports into their systems. In fact, the few that took this opportunity seriously are raking in big bucks right now.
Role of Covid-19 in All This
The Covid-19 pandemic has pushed people online. For example, Google had an average of 3 billion searches every day a few months ago. Now, the search engine processes over 6 billion queries daily. That’s a whopping 63 000 searches per second!
Some of this traffic goes to online bookies. And most white label operators in this sector have seen a surge in new signups and usage. So there’s something good happening amid this terrible worldwide pandemic.
eSports betting is an emerging sector in 2020. It is rapidly growing thanks to the overwhelming support from investors of the eSports community. If this trend keeps up, eSports will rival traditional sports betting and create opportunities for interested people.