The hot new trend is betting on esports

Albert Sheng • November 1, 01:59

A few years ago, esports was a small niche in the sports betting industry. Since then, this has changed dramatically. Starting with very good odds, the excitement and variety of the digital sports world has done the rest.

Esports betting is on the rise.

In esports, two teams face each other in a video game, either at home via the internet or at a large event in-person. At the same time, bettors have the opportunity to bet on individual games or events. 

For more information about esports betting, interested parties can find comparisons of leading providers, profitable discounts and bonuses, and get help from portals such as https://oddspedia.com/us/esports.

Betting on esports is as easy as betting on traditional sports, such as soccer or hockey. The biggest esports tournaments have millions of dollars in prize money. The number of viewers has grown a lot over the last few years, with millions tuning in for events like the 2021 League of Legends World Championship. Naturally, betting sites are also taking note of this.

The offer and advantages of esports betting

Industry experts rank esports betting as the second-largest market, right after soccer betting. There are usually good odds for bettors, which is due to the smaller number of odds experts in the newer sport. 

This is a huge growth market for esports where the number of bookmakers will continue to grow. In addition, the luck factor is said to have less of an impact on esports than on other sports. Neither a referee’s miscue nor the weather or a curious own-goal will have a negative impact on the game.

In esports betting, there are classic winner’s bets similar to those in soccer. The player’s task is to predict the winner of a match. The player can also place over/under bets just like in handicap bets. In a handicap bet, a team is given a deficit or some kind of advantage. In an over/under bet, there is a guide value that is under or over in a game.

New regulations for 2021 offer new opportunities for betting games

Security, discounts and bonuses for new customers are considered as important as odds and the user-friendliness of the platform when choosing the right bookmaker. Moreover, as far as the licensing of online casinos and bookmakers is concerned, fundamental new regulations emerged this year. 

Starting June 2021, betting sites will have the opportunity to obtain a license in the US. This is to ensure uniform regulation of providers and control of the market. For customers, the security advantages increase. At the same time, it can be assumed that strong suppliers and brands will further expand the range of options.

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