The COVID-19 pandemic has impacted just about every industry in the world in different ways. The traditional sports and the esports industries are no different. For the traditional sports industry, the impact can be described as primarily negative. This is as all sports came to a grinding halt.
On the other hand, the esports industry (and just about every virtual industry experience) picked up steam as the world became immediately more digitally reliant. This notion was supported by data from analytics firm Stream Hatchet showed that streaming numbers went from 4.8 billion streams to 7.6 billion from the first to second quarter streams as more people entered lockdowns.
What is eSports?
Esports is a form of sport competition using video games. Types of esports are fighting games, racing, sports games, third-person shooters, real-time strategy, and duty calls. The benefits of esports are health, critical thinking, problem-solving, scholarships, increased memory capacity, and hand-eye coordination. Find out about esports from a video game consultant.
eSports Betting
Betting on esports, or also known as e-sports betting, is one of the fastest growing betting options available on the Internet. It is an offshoot of the highly popular betting on traditional sports such as baseball and football. Betting on sports is now becoming one of the most glamorous forms of gambling in the world as the games themselves have become extremely popular, both as spectator sports for the general public and for those who follow professional teams and players.
Traditional betting on traditional sports tends to favor long odds on favorites. This means that, if you bet on your favorite basketball team to win every game, you stand a good chance of making money but not taking home a large sum. However, if you bet on the underdog and place multiple bets on the same game, you stand a good chance of making money provided the game happens as expected. By making long odds bets, or bets that pay a lot less than the spread, you can make a significant amount of money. These kinds of bets are popular among those who follow the professional scene closely as they help to increase their knowledge of the teams and players and are therefore able to make more informed decisions when placing their bets.
However, getting involved in betting on sports is not easy. Like many other betting options, you need to have a clear understanding of the betting system and how it works. If you are going to be getting involved with the game itself and placing bets on the players, then it is best to do your research before actually getting involved and risking your money in any way. There are a number of reliable websites that offer advice and tips on betting on esports games including those based on the esport scene, which is where you can find the largest number of ESL events.