Would You Bet on It? How ‘eSports’ Became Big Business
ESports has gone from niche markets to mainstream, but what is it? How does it work? And why should you care about the money that’s being made off of it? In this article, I’ll explain all of that and more.
What is ESports?
ESports is a competitive video gaming in which players compete in popular games like Fortnite, Apex Legends, Overwatch and League of Legends.
It’s also a professional sport–and one that has exploded in popularity over the past decade.
In 2018 alone eSports fans watched over 436 million hours of content on Twitch alone (a platform where people can watch other people play video games). The total global audience for eSports was estimated at about 600 million people; it’s expected to reach 1 billion by 2022.
Pros and cons of sports betting Malaysia
- It’s easy to bet on e-sports, there are many games to bet on and the odds are good.
- You can bet online or in person at your local taukeree (bookie).
- It’s not legal to bet on e-sports in Malaysia.
Is it legal to bet on e-sports in Malaysia?
Yes, it is legal to bet on e-sports in Malaysia. You can place your bets at any licensed sportsbook or online casino singapore.
If you’re over 18 years old and have a valid ID card, you can open an account with any of these businesses and place wagers on your favorite teams or players.
How much money can you make from betting on e-sports?
Betting on e-sports is a growing industry, but it’s still not as big as traditional sports betting. In fact, the vast majority of people who bet on e-sports don’t do so with real money–they use skins instead. Skins are virtual items that players can win or purchase in games like Counter Strike: Global Offensive (CS:GO) and Dota 2; they have no actual monetary value outside of that context and can only be used within those particular games. However, if you’re willing to put down some money and play at one of our recommended sites below, then there’s no reason why you shouldn’t be able to turn a profit!
No skill required.
It’s a game of skill, strategy, and teamwork. And it requires reflexes.
That’s how the pros describe the top-notch e-sports competitions that are drawing millions of online viewers and filling stadiums across the globe. But what about those watching from home?
“It’s really easy to play,” says Jeff Albertson, who works at a tech company in San Francisco and watches competitive gaming for fun. “All you need is a mouse and keyboard.”
When did e-sports become a thing?
eSports is a relatively new phenomenon that has only been around since the mid-1980s. It originated in South Korea, where it was largely ignored by mainstream media until 2002 when Starcraft became hugely popular, and its tournaments were broadcast on television. From there, eSports spread across Asia as well as Europe and North America–and now it’s coming back around again! With over 100 million viewers worldwide (and growing), it’s safe to say that eSports has made its mark on gaming culture forever.
There’s a lot more to e-sports than just playing the game.
The industry of e-sports has grown to such an extent that it’s now considered a serious and lucrative business. In fact, the market for e-sports is expected to reach $1.5 billion by 2020 according to Newzoo, an online market research firm specializing in gaming and esports.
It’s not just about playing games anymore; there are many different types of competitive gaming that require players’ skillsets ranging from strategy and teamwork to reflexes and precision accuracy. And although some might think that this is just another trend–like Pokémon Go or Flappy Bird–the truth is that competitive gaming has been around since 1972 when Spacewar! was developed at MIT (Massachusetts Institute of Technology).
So, there you have it. An introduction to e-sports and some of the pros and cons of sports betting Malaysia. We hope that this article has given you a better understanding of what it means to bet on e-sports and how much money can be made from doing so. If your looking for more ideas about sports betting malaysia, you can click here this article by Cm2bet.