It is no secret that much has changed in the gaming business in the previous several years. Technological advancements, as well as the dedication of game creators, corporations, and academics, have propelled the industry ahead indefinitely. Furthermore, new innovations such as new digital currency have made significant contributions to the gaming sector by opening new doors and allowing for new games and interactions.
The video game business is no longer aimed just for the casual gamer, as it once was. Of course, many individuals still love playing games for enjoyment, but there are also some that approach this notion with a far more competitive mindset. So it is no wonder that more and more new games are being introduced to the market.
While some games like Madden 21 or the battle game WWE 2K Battlegrounds were not that successful, others have been able to win the market and the new generation of online game enthusiasts for themselves. The free-to-play multiplayer first-person shooter game Valorant which was developed by the company Riot Games as the first game the company developed in this genre is a real success story. The game is enjoying more and more popularity and betting on Valorant is gaining more and more attention. There are many reasons for this, as many games have held their place among the most popular games in the esports sector for years. Meanwhile, it is also possible betting with cryptocurrencies, for which you can click here.
The esports sector which has been seen to grow dramatically over the last couple of years has also found other markets for itself. But what are the reasons for that? Why are eSports interesting for a lot of people in the world? And what are eSports in the first place? We have the answers to your questions.
What are eSports?
First things first! For the few of us who are not familiar with the term eSport, we may explain first. Most people are familiar with the names Cristiano Ronaldo, Lionel Messi, and Tom Brady, who are frequently regarded as the faces of their respective sports. The names of the new stars in the sports community are far more creative. “Perkz”, Lee “Faker” Sang-Hyeok or “Doinb” Tae-sang may not be as well-known as Cristiano Ronaldo yet, but these sportsmen are on their way to becoming worldwide celebrities.
Fake and Doinb are examples for professional players of League of Legends—the game which is nowadays known to be the world’s most popular computer-based video game. LOL is one of many new games that enjoy rising fanfare, resulting in huge international tournaments as part of the rapidly expanding genre of electronic sports. In some places, academies have been opened to help young players improve their careers.
So simply defined, esports are competitive video games performed in a highly structured atmosphere. These games have wide ranges and can go from popular, team-oriented multiplayer battle arenas to single-player first-person shooters, or virtual versions of physical sports. And as it is with all sports or competitions there is a winner and a loser, and where there is a winner there is the opportunity to earn money.
What advantages do eSports offer?
Well, there are some very convincing arguments for why the gambling sector finds eSports so attractive. One really simple but extremely powerful reason is simply the size of eSports.
Because the games are in a legal limbo on a global scale. Esport players are tempting choices for rich corporate sponsorships because of their tremendous popularity—some tournaments frequently draw more than a million concurrent viewers—but the fluidity of esports across international boundaries and absence of clear regulations make them highly difficult. Major innovations in esports have recently driven the industry to new heights.
The community behind eSports
Another reason is the size of the community the eSports are feeding. On streaming websites like Twitch for instance, people can watch others play. The platform has more than 15 million active users in all parts of the world and appears to be growing. On those streams people can watch, learn, interact and give each other tips for the gameplay. That attracts more interested people and as we all know what the internet does if such interest in the same thing comes up: it produces memes and stars. The best players have, as mentioned before, become superstars, so people start to argue about who of them is better and in the end we end up admiring them like real sports superstars. This is also due to the fact that most esports players stream their games live on the Internet and thus earn additional income. This allows them to easily captivate several thousand viewers.
Esports revenue in 2020 is expected to exceed $1 billion1 and the eSports company TGS has created white-label esports experiences for over 15 companies, connecting with over 200,000 players, and by delivering prediction games, TGS is able to improve fan and brand engagement. The esports market is growing constantly and it is expected that this development will go this direction over the next few years.
What games are the most popular?
As mentioned before there are vast amounts of online games available. The most popular ones among the eSport sector are Dota 2, Counter-Strike: Global Offensive, Fortnite, League of Legends, StarCraft II, PlayerUnknown’s Battlegrounds (PUBG), Overwatch and Hearthstone.
These games are enjoying immense popularity and some of them entertain bigger communities than common sports like Tennis, Golf or Cricket. While Soccer is still the most popular sport, in some years eSports may even take over this one as they feature entertainment tools that no ordinary sport can offer. The popularity of the games is characterized mainly by the fact that these games connect players on the network. Most of the professional e-sportsmen who have managed to make a living from gaming first played multiplayer games on the Internet.