As the population of online gamers continues to grow, so does the demand for eSports betting. The next generation of sports bettors is making inroads in this growing industry. Interest in professional gaming contests is at an all-time high around the world.
There are many reasons why you should consider eSports betting in 2022:
Growth Drives It Forward
eSports, which includes multiplayer video games played competitively for spectators, has seen exponential growth since its inception. By 2022, it’s expected that almost half of American adults will be involved with video games either as players or spectators.
The industry is as big as it’s ever been and it appears as though gambling will be a significant part of its future. According to the Global Betting and Gaming Consultants, eSports betting should exceed $17 billion in 2022 thanks to its continued growth, popularity, and wider acceptance by mainstream sportsbooks like N1bet.
Awarded Big Money Tournaments Will Boom Over The Next Five Years
eSports professionals were first recognized by gaming companies twenty years ago when gamers from around the world began earning prizes for their efforts. This led to professional gaming contests being offered at events such as the Evolution Championship Series, which has awarded more than $2 million in prize money since 2003.
But now eSports tournaments are offering larger purses with more participants competing for a piece of the prize pool. According to eSportsEarnings, competitive gamers are winning more than ever before with the top players earning over $3 million in winnings within a given year. If you bet on eSports contests, 2022 will be an even bigger year for professional gamers who decide to compete full-time as they battle for their share of cash prizes.
A Vast Array Of eSports Opportunities Will Remain Open To You
eSports betting is still relatively new, but it has grown exponentially since its inception. As technology continues to improve and companies look for ways to generate more revenue, online sportsbooks have offered markets on some of the most popular eSports games available today.
By 2022 you’ll have plenty of eSports contests to choose from while betting online since popular video game titles will continue gaining fans in the coming years. As this growth continues, more developers are expected to introduce competitive games that will attract younger bettors who’ve grown up playing these types of contests or watching them on platforms like Twitch TV or YouTube Gaming.
It’s The Next Evolution Of Sports Betting
eSports is still a relatively new industry when compared to major professional sports leagues around the globe, it’s growing rapidly year over year. A recent study by market research firm Newzoo found that eSports will generate $696 million in revenue and 191 million total viewers worldwide this year.
As eSports grows, so does the interest from sports bettors who see it as a viable option when looking for ways to wager on athletes and events they’re watching more than ever before. According to the American Gaming Association, 64% of sports gamblers are interested in betting on video game contests compared to 52% who currently take part in traditional sports wagering.
In 2022 you’ll have many opportunities to place your bets thanks to the growing popularity of eSports around the world. As more young people look for ways to make money online without going back into the traditional workforce, there’s bound to be a significant increase in the number of gamers who make eSports their full-time careers.
