Back in the day, video games used to be a niche interest. Only a few dedicated people played video games, and it even came to a point in the past when video games were seen in a very negative light. However, the world of video gaming has gone through a lot and so much has changed already.
Now, even video games can be played competitively. Just like your usual favorite sports like football or tennis that you can bet on when you click here, you can also wager for eSports these days. Not only you can play, or watch other people play, but you can bet on games as you watch other people play. From simple pixel games to controversial ways to have fun, video games are now seen as the new gold mine in terms of making money through technology. Even people who used to be not interested in video games are now also playing competitive games either from their console, computer, or smartphone.
But what exactly is eSports? Can all video games be considered eSports? What makes a game competitive? Here are the things you should know.
What is eSports?
eSports are essentially electronic sports. Competitive gaming tournaments in various leagues, with teams and people competing for victory. Grand prizes are up for grabs, as is the honor of being declared champion (s). The finest players are essentially trying to become the world’s best at their preferred sport. The winning teams or individual players might collect millions of dollars in prize money, as well as additional cash from sponsorship, endorsements, and team pay.
eSports refers to the field of a competitive and organized way to play video games. Millions of fans worldwide watch and follow these gamers, who attend live events or tune in on TV or online. Twitch allows viewers to watch their favorite gamers play in real time, and this is often where popular players create their fandoms.
Do eSports players get paid?
Too many people think of video gaming as something that teenagers do in their parent’s basements. After all, whether you focus on entertainment streaming or tournaments, pro gaming is a difficult profession to get. So, the nature of the work doesn’t help with all the negative news.
The esports business is quickly expanding, which is a critical aspect impacting jobs in the pro gaming scene. Statista estimates the worldwide esports industry to be worth $1.08 billion, a 50% rise over the previous year. They also predict that the sector will be valued at around $1.62 billion by 2024. With the industry’s exponential financial development, there are more and more tournaments each year, implying that the business can sustain even more professional players.
What exactly is eSports betting?
If you’re reading this, you’re probably interested in learning more about online gambling. Before you start, here’s everything you need to know. eSports betting is a massive industry that effectively allows individuals to wager on esports contests. Whether a person is a die-hard supporter of an esports team or a casual observer, they may all put bets on who they believe will win a given game or tournament.
People may place bets on a variety of factors of esports, not only on who will win. This might include how many talents a player receives, who wins the MVP (most valuable player), whose character they win with, and even the final score. A gambler can spend real-life money to place a bet, just as in traditional betting. Many people, however, prefer to place wagers using in-game goods. They may decide to offer up an expensive or uncommon object to gain money or another thing in exchange.
