How has eSports betting evolved in recent years?

Description 

eSports has changed from being an unrecognized sport to one of the fastest-growing sports in the world! And this has extended to platforms that allow betting on the sport. 

This article will explain the following:

  • The history of eSports and eSports bettings

  • The legality of eSports bettings

  • eSports betting bonuses

  • Major eSports to tournaments and leagues


eSports Betting

eSports betting deals with predicting sports results and making a wager on the outcome is known as sports betting. Over the past years since the emergence of eSports, it has grown and diversified to different parts of the world. That has also helped the development of eSports betting. For instance, using rollbit coupon & promo code for free coins gives you extra bonuses on their site.

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The eSports betting company is predicted to be worth at least $250million by the end of 2022. This has prompted more players to be interested in betting rather than being actual players. In recent years, bets have been placed on more recent tournaments. 

Titles like Dota 2 and League of legends have been recorded as one the biggest games which have gained a million streams on the internet. Decent winnings have been made from these titles. For a first-person shooter game, the most common ones are Call of Duty, Halo, and Counter-Strike: Global Offensive have shown betting as a success. Once you have decided on which sports game to bet on, there are several betting sites with different terms and conditions. Such as ArcaneBet, Bet365, Betway, etc. 

History of eSports

eSports are usually organized multiplayer video game events between professional players, either individually or in teams.

Although eSports, as we know it today, isn’t new. Competitive gaming has existed since the days of face-to-face arcade video game competition. eSports date back to 1972 when home consoles first became widely available. The first statewide Space Invaders competition, with over 8,000 players, was held in 1980. 

Competitions and tournaments for Street Fighter and Mortal Kombat increased in prominence in the early 1990s. Then large eSports tournament games sprung up in the late 1990s. We have the likes of Virtua Racing, NBA Jam, and Nintendo World Championships.  followed by GoldenEye and other first-person shooters later in the decade, paving the way for the Starcraft, Warcraft, Overwatch, Art of Fighting, Call of Duty, and Halo series. 

In 1998, the iconic Starcraft 2 tournament on PC drew more than 50 million online viewers, with 17 million of them watching on Twitch. The popularity and emergence of online streaming services have helped the growth of sports later in the 2000s with a massive number of Dota 2 and League of legends. However, the great turnout of the games brought the idea of betting on games to engage many people. 

Is eSports betting legal?

The emergence of betting services is not regulated in every country. Firstly it is important to note that the legal age for betting is 21 in most states but some believe it should be 18. And another is that each betting service comes with its terms and conditions. Betting regulations differ by jurisdiction, therefore eSports betting may be completely allowed in certain states, regulated in others, and prohibited in others. These laws will assist you in navigating the eSports betting market without fear of making poor decisions. 

The states where eSports betting is legal are Nevada, New Jersey, Tennessee, and West Virginia. Some of the states where the rules are regulated are Oregon, New York, New Mexico, Michigan, Pennsylvania, etc. However, you cannot assume that betting on the internet is risk-free. The most crucial thing is to determine whether or not your state is legal. This makes you covered in best cases and also avoids unwarranted charges on grounds of illegal online betting. 

Another thing to think about is whether you can bet on eSports at both traditional and online bookmakers. Brick-and-mortar sportsbooks have been legalized in several areas, but internet betting services have not. So, you need to know the law that covers your area before you attempt to bet either online or using the brick-and-mortar services available to you.

eSports betting bonuses

Betting on eSports allows you to collect and restore significant rewards, cash-back proposals, and other real money inducements, all of which add price to your account and help you get the most out of your eSports wagering knowledge. For example, on the Arcane betting site, you can score yourself three great bonuses within minutes of registration to wager. We have tournaments such as Overwatch, Rocket League and World of Tanks, etc. Also, there are gaming sites that give out promo codes for their players to enable them to be eligible for some bonuses. We have, for example, the rollbar coupon code which gives out referral codes. Although roll bit is known for casino games, some casino games have now been set to be competitive. This allows some casino brands to sponsor some of the biggest eSports teams. All you need to do is follow their account, and be active. They drop such free codes at intervals so you might get lucky as often as you follow the site. 

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Major eSports Tournaments & Leagues.

It’s fine if you’re terrible at eSports betting; you’ve probably never done it before. If that’s the case, we recommend starting with one of the three eSports bonuses listed below – it’s what makes many of the finest eSports betting sites so popular. Remember the term eSports means electronic sports thereby dealing with competitive video gaming. Games are played between players and another set of players. Notable eSports games and leagues worth betting on are Call of Duty Championship, World Electronic Sports, Leagues of legend World Championship, Halo World Championships, Major League Gaming, The International Dota2 Championship, etc. 

Conclusion

eSports is also unique in that a player’s success is not determined by their height, strength, weight, or speed. It all depends on the skill a player has. If you want to be a successful sports bettor, you need to stay up with what’s going on in the business because it’s still extremely young and expanding at an astounding rate. The more you know about what’s going on, the more likely you are to locate lucrative betting opportunities. That is why this element of our eSports guide has been included. With time, I believe eSports will rival the biggest traditional sports leagues in terms of forthcoming opportunities.

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