The gambling industry is always looking for the next big thing, and it looks like e-sports may be it. E-sports are competitions between players of video games, and they are becoming more and more popular every day. Some experts believe that e-sports will soon eclipse traditional sports in terms of popularity. This has caught the attention of the gambling industry, which is starting to bet big on esports betting. Interesting, right? Let’s learn more below.
E-sports Betting History
While e-sports have been well-around for over two decades now, it is only in the last few years that they have begun to be taken seriously as a spectator sport. This is mainly due to the massive growth of live-streaming platforms like Twitch, which have allowed e-sports to reach a wider audience. Along with this increased visibility has come increased interest from the gambling industry that involves E-sports Betting Providers.
The Reason for the Trend
E-sport is like any other sport in that it is full of passionate fans who are always looking for new ways to show their support for their favorite teams and players. And what better way to do that than by placing a bet on the outcome of a match? This way, fans worldwide can gain more excitement and get their adrenaline pumping during the game.
It’s a common practice for fans to partake in sports betting, which is why the gambling industry is now turning its attention to e-sports.
The Future of E-sports Betting
The global e-sports market is expected to grow from $696 million in 2017 to $19.07 billion by 2025, according to a report by MarketsandMarkets. This rapid growth is attracting more and more investors to the industry.
So what does the future hold for e-sports betting? Well, according to some experts, the sky is the limit. With the industry growing rapidly, it is difficult to predict where it will be in even just a few years. However, one thing is sure: e-sports betting is here to stay, and it is only going to get bigger and bigger
The Bottom Line
With more money flowing into the e-sports scene, we can expect to see even more innovative betting products and platforms being developed in the near future. So, if you’re looking for a new way to get involved with your favorite games, keep your eye on e-sports betting. It’s sure to be a huge market for years to come.
Do you think that E-sports betting will eventually eclipse traditional sports betting? Why or why not? Let us know in the comments below.
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