Are eSports and Bitcoin a good match?
eSports is something not everyone is familiar with. Those who are familiar though, don’t look at it too seriously. Most of the adults (we’re talking 35+) view it as a waste of time. Some sports fans even consider it an insult to actually refer to video games as sports.
Alright, let us bring it into the light, what in the world is eSports? eSports’ explanation is actually hidden within the name itself. Electronic Sports is a form of sport that is based on competitive video games. Yes, you read it right, it wasn’t a type, competitive video games. Honestly, when you take a good look at it, it doesn’t seem all too appalling.
Try to remember your childhood, all you could think of was the new video games that would come out. Most of them you probably played with either your siblings or your friends, and we know it may be hard to admit, but it used to get quite competitive, didn’t it? Well, some of the best Entrepreneurs of our generation saw a large business opportunity in these tournaments for video games. Ever since competitive games like Dota, League of Legends and Counter-Strike became popular, eSports has been growing. In all honesty, they were directly tied to these games.
What about betting?
It’s no secret that a large majority of the viewers for eSports are underage teenagers. However, this doesn’t mean that there are a lot of young adults watching these matches as well. What does young adult mean? Well, it means that they are over 18 years old. This, in turn, means that they can legally participate in sports betting online. Many of them have been doing so actually, and it is no joke that they were able to make quite good profits.
But what does this have to do with Bitcoin? Bitcoin is a very popular trading asset of the 21st century, it is also very popular with the younger generation, because of the innovations for technology. Because of this, eSports and Bitcoin seemed like a perfect match. Some operators were able to compare crypto sports betting sites and find out that there was a lot of profit in them, so they are now trying to implement it on their platforms as well, making it more vibrant and accessible.
Why is it better to bet on eSports?
There are numerous reasons why eSports betting is way better than normal sports betting. First things first, people betting on eSports are players. By players, we mean that they are actually participating in the games on their free time, meaning that they have the best understanding for it, creating a space of knowing that they could actually use to make a living. Not many parents will be able to say that playing video games will get you nowhere anymore.
Just like a super football fan can predict that FC Barcelona can crush a newly formed football team, so can a League of Legends fan predict that Team Fnatic can do the same. There are numerous similarities and they increase in numbers the more we try to deny it. People have made careers from this. Players have become superstars, millionaires. There are even commentators for the games receiving pretty much the same compensation as normal sports commentators.
We are not saying that you should go and immediately try it. In all honesty, eSports betting is a lot harder than you’d think. First things first you need to truly learn how the game works, then you need to get accustomed to the teams, learn their strengths and weaknesses, find out their past. It truly takes a lot of time and effort, but if you’re ready to put in that time, we can guarantee that it will be enjoyable.