Recently, the casino world has opened its eyes to esports betting because of the many opportunities. The eSport is a big and growing industry that could pull more crowds and attention towards or away from casinos, depending on what they do with it.
The casinos know this too. And in their bid to evolve, many licensed casinos are doing more than enough to integrate esports betting into their offerings.
Curious eSport players who are just taking their first few baby steps into the world of online casinos can check the new Black Diamond casino review by CasinoHEX to learn more about online casinos and their offerings.
But this trend in the online gaming community comes with its bottlenecks. Some enthusiasts ( of esports and casinos alike) still hold the common belief that when a thing booms really quickly, it might slow down in little to no time.
This may not be the same for esports betting. Online casinos are rapidly embracing this betting for good reasons you will come to appreciate shortly.
So, why are online casinos getting into esports? What do they stand to benefit? What is esports’ fair share of the gain, too, if there’s any?
Those are the right questions. Let’s give you the answers now!
4 Reasons Why Online Casinos Are Getting Into Esports
Availability of a Wide Range of Betting Markets
There are plenty of markets for esports betting. By extension, there are also plenty of people. Some of the markets include the match-winner, draw, correct score, total rounds, etc.
Integrating these markets into existing games allow casinos to offer players more games to wager on. With more games comes better opportunities to win. So, you may even be lucky to win more here than when you play some regular casino games. Besides, many of the bets are even similar to those you get from traditional sports games.
Interestingly, licensed casinos have the quality software programs to offer each of these effectively.
Online casinos even add some twist to it. They include more betting markets that adapt to the games’ specifications since they are not played physically on pitches. This draws esports fans into the casino to get the chance at winning some cash. As you can see, this generates more money for the casino indirectly.
Players have found it more rewarding to use an online casino as a bookmaker. The reason for this is that they can try out some other casino games. Also, playing at online casinos ensures that players don’t get bored of the same routine repeatedly.
Most online casinos are optimized for availability on mobile devices. This allows players to play their preferred game from the comfort of their homes. The games are also regulated and audited, unlike with several other bookmakers.
The Rise of Online Games
Land-based casinos were the kings of gaming several years back. While many of them are still in vogue, the gambling world has seen a more significant shift to online casinos. The presence of a wide array of online games has attracted more players.
Not only diverse game options, but players also appreciate their privacy and anonymity more. The convenience and the incredible number of games offered at legit casino sites is another attractive online casino feature.
However, esports events are also online games, one which is becoming a lot more popular. It’s not a surprise that gamblers are fast becoming fans of esports betting.
Casino players want to try more skill-based games so that they’ll be able to switch to any game of their choice at any time. They also want to play strategy games that allow them to exercise their skills.
But, online casino games like slots, which are all pure luck games, are found wanting in this case. So, online casinos need to step up their game before losing a fair share of their fans to eSport.
So, for casinos to meet the needs of online game enthusiasts and stay ahead of the competition, all the same, casinos now offer a mix of online games and esports betting.
In return, casinos give their players a better experience and entice some of the sworn eSport enthusiasts. Smart move, isn’t it?
Increase in Esports Publicity and Viewership
Before, only very few people knew what esports was all about. Many have seen clips of events but still know very little about the leagues or tournaments. The situation is changing rapidly as the years pass by.
The increase in publicity of esports events is drawing the attention of more people. Online casinos are now reaping the benefits of increased awareness. A gambler who is also an esports fan will be intrigued when they see a person win about $2 million in a single tournament.
Asides from this, there are more sponsorships and TV deals involved in esports. Casino operators are not foolish. They are aware of this development and how to key into it. They know that the heavier advertisements and network coverage will increase the popularity of any betting associated with eSport.
The exciting thing about the esports industry is its ability to attract a vast majority of viewers. Most esports fans can experience the games via live streams. Therefore, online casinos seek to take advantage of this trend.
The viewership level of esports is going higher than ever. Most of the enthusiasts of the games live in Europe, North America, and the Asia Pacific. These regions are the major gambling center in the world.
Involvement of esports Fans in the Betting Action
Many people enjoy watching games such as NBA, NFL, and MLB. Some of these fans believe that they can live out their fantasies of being a professional in those games. The best way they can do it is through recreational betting on those games.
They believe that their knowledge of the games can help them to win some betting games. For example, players can enjoy PVP wagering. It is a cool way to enjoy some gaming time and win some money based on skills.
One such game is the Overwatch League, where players can gamble on their abilities to beat other teams.
So, rather than heading to a sportsbook, players can easily place their bet at online casinos. This is another win-win for both casino and eSport.
As players continue to feel more comfortable betting on their favorite sports events and games, esports betting will continue to grow. The expansion of the industry and its popularity among enthusiasts has attracted online casinos.
When you think of the world’s current state and how we’ve gone digital, investing in the esports segment will feel like another gold rush. The best online casinos have taken the time to integrate esports betting into their system.
At this rate, the relationship looks lucrative and online casinos tend to make some reasonable amounts of returns.