The world has witnessed the success of the esports and betting industry. In a short period, both industries have gained exponential growth. Like traditional sports, betting is booming in Esports gaming. In a few years, esports betting has become popular around the globe. The covid-19 has also contributed to introducing esports betting and reaping maximum profits. Today, betting on esports has become a big thing for investors and business tycoons. This new way of betting had a sluggish start but has become prominent worldwide in the last few years. There are various online platforms that broadcast the live streaming of esports tournaments and run betting events. One can easily bet on Esports tournaments via betting websites. One such online betting platform is Luckbox, which provides betting options for CS:GO, League of Legends, Dota 2, and all the major esports games.
What Is Esports?
Esports is the abbreviation for Electronic Sports, which includes online video competition. Gamers participate in esports tournaments and compete with other individuals or teams to win huge cash prizes. Millions of gamers and fans show their interest in the popular games in the big arenas. The popular esports games with a huge fan following are Overwatch, Fortnite, Dota-2, StartCraft, Call of Duty, Rocket League, League of Legends, Counter-Strike, etc. Gamers participate in these games, and fans watch the games on live streaming platforms, such as YouTube Gaming, Twitch, and Vimeo. Millions of fans around the globe watch live games.
What Is Esports Betting?
Esports games often face huge competition. Gamers compete in the big arena to win cash prizes and other rewards, such as cons, prizes, upgrades, etc. The massive interest of the gamers and fans has introduced great betting for these games. In 2021, esports betting became a trending topic to discuss. Businesses and investors have invested in this betting to maximize their profits. People familiar with traditional sports betting, such as Football, Hockey, Volleyball, and Horse Racing, can easily understand the new betting concept. Both types of betting are similar to each other.
Esports betting has a great future ahead. In 2017, the online betting industry was worth around 694.2 million dollars. However, it is expected to grow by 2,174,8 million dollars’ worth by 2023. There are various factors leaving an impact on the esports betting market, including tickets, sponsorships, merchandise, advertisements, and publisher fees. Esports betting brings benefits for modern punters and betting platforms.
Esports tournaments already have massive viewership. Millions of fans attend live events and watch live streaming. In addition, betting can increase the number of viewers. Professional punters watch the entire game to know the results and make decisions for the next games. The viewership can skyrocket due to the interest of the punters. In the era of blockchain, some punters prefer betting with cryptocurrencies. This enables them to bet without revealing their identity.
When it comes to esports betting, punters prefer secure platforms for betting. Various online betting websites like Luckbox offer reliable and secure betting platforms. Bettors consider reliability as an important aspect to choose the esports betting platform. The reason why punters prefer Luckbox for esports betting is its reliability. Platforms that are unreliable may cost losses to the investors.
The reputation of the betting platform is a key factor. Punters do not trust a website that has no popularity and reputation. Luckbox provides a betting facility for all types of esports games and sports. The users just log on to the website and see updates regarding ongoing esports events.
The esports betting platform, Luckbox, is an Isle of Man-based betting company that provides legal and real-cash betting services. The company also offers live streaming of all the major esports events with the essential factors to help the investors make smart decisions. The Isle of Man-based company was founded in 2016. The company also ensures casino games for both desktop and mobile users. Luckbox is operated by Real Luck Group Limited – a Calgary-based company. Luckbox was recognized as Rising Star at the EGR Operator Awards, making it a reliable esports betting platform for the punters.
The punters have a variety of betting options. One can bet on several live games, including Dota 2, Counter-Strike: Go, and League of Legends. The company provides markets to bet on Esports, such as match winner, first kill, and correct score. In addition, the company broadcasts hundreds of live streams, with the feature of language choice. As a result, gamblers can make their predictions effectively.
