Esports Enters Top 5 Betting Markets in New Kambi Report
The increased availability of online platforms, coupled with the rise in esports tournaments during the pandemic, provided a robust environment for the expansion of the esports betting market. However, the market also faced challenges, including regulatory uncertainties and concerns over the integrity of betting practices in a rapidly growing and relatively new sector. The rising adoption of digital and mobile platforms is significantly facilitating easier access to esports betting for consumers. The proliferation of smartphones, tablets, and internet connectivity has made it more convenient for users to engage in esports betting from virtually anywhere. Mobile betting apps and online platforms offer user-friendly interfaces, real-time updates, and a wide range of betting options, allowing consumers to place bets quickly and efficiently. This increased accessibility is attracting a broader audience to esports betting, as it eliminates the need for physical sportsbooks and enables bettors to participate in the market with greater ease.
However, the console segment faces challenges in terms of regulatory constraints and the integration of betting functionalities within gaming ecosystems. Everygame, rebranded from Intertops in 2021, is a strong contender for esports betting. With coverage of top titles like Overwatch, PUBG, Rainbow Six, Rocket League and SMITE, it offers a wide range of betting options for esports fans.
Popular League of Legends betting markets include match winners, map winners, first blood, total kills, dragon/baron objectives, and player-specific performance metrics. The depth of available betting options rivals traditional sports while offering unique wagering opportunities specific to MOBA gameplay. Esports betting is proven to be a hub for youth to enjoy gaming and winning experience by predicting the events of games. Esports have been staged more frequently in recent years and are now comparable to traditional sports in terms of audience size, sponsorship, and management. As such, esports betting is also experiencing growth, with many gamblers making it their primary source of wagering. In a highly competitive setting, teams or individuals compete against one another in various video games.
If you’ve tried a sports bet, esports is just the same
New crypto players can take advantage of an attractive welcome bonus of up to $1,000 when using the promo code CRYPTO1K at this Bitcoin esports betting site. For those preferring fiat currency, there is a $500 welcome bonus available with the promo code WELCOME500. The boosted parlays (up to 60%) are sneakily one of the best promos we’ve seen across esports betting sites, as they’re a no-strings-attached way to get more bang for your buck. Some shine with fast in-play betting, others with deep market selections across your favorite titles like League of Legends or VALORANT. Many betting sites also allow you to make unusual bets like which team will destroy the first tower, dragon, inhibitor and so on.
- The eSports betting sector has attracted over $2.1 billion in venture capital investment across 73 deals in 2025, reflecting confidence in long-term growth potential and technological innovation opportunities.
- This dynamic form of betting unlocks great value with live odds, requiring quick decisions and real-time analysis.
- So, if you’re looking for the best site for esports betting, make sure they cover these major CS2 tournaments.
- Researching teams and players is crucial in esports betting as it helps bettors make informed decisions, increasing their chances of success.
KEY INDUSTRY PLAYERS
All online esports betting sites we recommend are SSL-encrypted and licensed by reputable regulatory bodies like the MGA. Beyond regulation and public licensing info, we look for responsible gambling tools and ease of access to support teams. The best esports betting sites offer a variety of secure payment methods, including credit/debit cards, e-wallets, bank transfers, and cryptocurrencies. We also considered the withdrawal speed and fees, and gave a higher ranking to instant payout sportsbooks.
Live Esports Betting
Prepaid vouchers are the most private fiat option because you fund them with a code instead of sharing bank details. They’re ideal for small, controlled deposits and work well if you’re testing a site for the first time. The https://khelo24betoficcial.com/ main limitation is that cashouts can’t return to a voucher, so you’ll need to add another method for withdrawals. Card deposits are instant, but withdrawals often reroute to bank transfers or e-wallets and can take a couple of business days. Deposits land fast, withdrawals can clear in minutes, and most coins come with tiny network fees compared to bank wires or card cashouts.
They incorporate gifs, memes, and insider knowledge specific to the Esports community. As we’ve already mentioned, be wary of those sites offering skin betting in lieu of real money deposit and payment methods – these are often unregulated and unlicenced and we would advise you to avoid them. Outright bets allow you to make a wager on which team or player will win a particular esports tournament. Most decent betting sites allow you to do this well in advance of the esports competition. So if you have a good feeling about who will win a tournament like the DreamHack Masters, be sure to get your bets in early.