Esports betting is a relatively new phenomenon with many online bookmakers (including some specialist Esports only sportsbooks) now happy to take a bet on Esports matches around the world.
For those of you that have never heard of Esports, it’s competitive video gaming on games such as League of Legends (LoL), Counter-Strike (CS:GO), Dota 2, FIFA, F1 and many more.
Despite the difficult circumstances we are all undergoing right now, the world of Esports is still going strong given that games and tournaments can still go ahead completely online with the individual Esports players able to self-isolate and log into tournaments remotely.
With the lack of live sport available to bet on in the world right now, many punters are starting to look at Esports as a possible new online betting medium.
The good news is that online Esports games are usually available 24/7 and many of the familiar mainstream bookmakers such as Betfair and bet365 are already offering a wide range of Esports betting markets and showing live Esports streams on their networks.
The International, which is a Dota 2 event, carries the biggest prize pool which was over $34m in 2019. The 2020 prize pool was predicted to reach $40m+ but since the pandemic crisis all major Esports events have been cancelled, postponed or moved online with the industry entering an ‘online only’ period.
Other major Esports events include the Counter-Strike: Global Offensive Majors, the Fortnite World Cup and the FIFA eWorld Cup..