Esports is a massive industry that continues to grow year after year. Last year alone the Esports market grew by an incredible 40 percent! With so many new fans discovering and falling in love with Esports as a result of this rapid growth, this also presents opportunities for new online betting sites to launch.
With that being said, we’re going to break down everything you need to know about the World of Esports from its history and prospects, to how you can begin placing esports bet predictions today!
What Is Esports?
Esports (or electronic sports) is a form of competitive gaming that’s governed by an international federation, the International Esports Federation (IeSF). Esports is a rapidly expanding phenomenon that has, in recent years, begun to challenge conventional sporting events in terms of both viewership and prize money.
The games with esports is often described as a ‘disrupter’ in the sports and entertainment industry, thanks to their rapid growth, global appeal, and innovative approach to media and marketing. Esports is a multi-billion-dollar industry that is growing at an incredible rate each year. The industry was estimated to be worth $900 million in 2017 and has since grown to a staggering $1.5 billion in 2018!
Where Can You Place Esports Bets?
As you’re about to discover, there are many different ways to place esports bet predictions. Firstly, you can place your bets directly on one of the many popular esports bet predictions. Most of these sites also offer an esports bet predictions game, allowing you to make both event and outcome predictions on upcoming esports bet predictions.
Alternatively, you can also place your bets through sportsbooks that offer Esports betting. These sportsbooks allow you to place your bets on regular sporting events, but also have numerous Esports betting markets available.
This is great news for Esports fans, as it allows you to bet on everything from individual Esports matches to large Esports tournaments.
The History Of Esports
As we’ve already discussed, Esports is a rapidly growing industry that is challenging conventional sports in terms of viewership, prize money, and sponsorship deals. However, despite the growth we’re currently seeing in the Esports industry, the history of Esports stretches back to the 1950s!
When the term ‘Esports’ was first coined back in the mid-1950s, it referred to the event of computer programming competitions. As such, the earliest games with esports competitions were for ‘human computers’ – or people who could program and make calculations on computers.
Who’s Betting On Esports?
The Esports industry has been growing year after year, and as such, Esports fans are a very diverse group. From young kids to retired sports fans, games with esports have something to offer a large range of people.
However, if you were to break down the games with esports industry, you can say that the majority of Esports fans are male, aged between 18-34 years old. This is the same group that other forms of online betting are attracting, making games with esports and online betting an excellent match.