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How does esports look compared to traditional sports betting?

Esports are growing more and more in popularity and it keeps rising concerns about how do they do compare to the regular sports markets. Let’s find out together.

Recent reports say that the average stake has double in sized since the beginning of the year. This noticed trend is only one of many that experts have noticed over these last couple of months. It was also noticed that more and more punters starting to engage in esports betting which raises a question about how well is the industry prepared for the upcoming volume of bettors.

While this ongoing trend is pushing the industry towards developing and implementing more and more markets and betting options, there is still a lot of work to be done. Punters tend to bet on things they know and with esports currently being not commonly accepted around different communities, it makes it hard to sometimes match supply with demand and vice versa. This is one of the main reasons why esports are at the stage they are at the moment.

Many people argue that top online bookmakers are blindly leading their customers into the world of esports betting. While this idea is a quite widespreaded one, this is not the most accurate explanation of the case. The main reason that esports are developing at its current pace and do not match the traditional sports betting offer is the fact that these competitive video games involve way more data than traditional sports like football, for example. The industry really lacks sufficient tools to properly collect, access and then monetize that data.

While this issue still persists, the reports say that the most popular esports disciplines like FIFA, Counter-Strike, Dota 2, etc are growing 15% in viewership year-on-year. Many experts say that the industry really lacks the education on both of its ends making the already satisfactory viewership figures irrelevant. The majority of people just don’t understand what is going on in such games like League of Legends. Therefore, many markets, as well as game producers themselves are trying to focus more on the western markets where the most popular esports like CS:GO and Dota 2 are more common. On the other hand, the whole industry is trying to make further steps in the Chinese market where the most popular esports genre - MOBA are especially big.

Just to sum up, while many criticise top online bookmakers for aggressively pushing products like esports, online casino and mobile poker, everyone seems to be rather satisfied with the results. Whether or not esports will eclipse the traditional sports betting is still a question but there’s no doubt that there is a new player in the neighbourhood.

How to place an esports bet? Step-by-step tutorial

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