Last updated on October 30th, 2021 at 05:25 pm
Young people spend more time watching YouTube and Twitch. Also, Generation Z enjoys watching other people play games than watching sporting events. As a result, eSports has become more prevalent in recent years. As a bookie, you need to know the top eSports betting opportunities for a sportsbook.
Although esports tournaments don’t draw the same viewership as the Super Bowl, they are gaining traction. However, eSports will come to the point when everyone knows about the events even if they don’t play them.
According to sportsbook software reports, the global esports market has a value of $1.08 billion in 2021. Also, it was an increase of 50 percent from 2020. Along with the popularity of eSports comes eSports betting.
eSports Betting Opportunities for a Sportsbook
One good thing about eSports is that it delivers some things that traditional sports betting can’t. One thing that eSports can guarantee is data integrity. Also, there’s no delay in data because everything happens in real-time. The sportsbook pay per head receives data straight from the source.
Another thing bookies can take advantage of is advanced in-play betting in eSports. Sportsbooks can offer a wide range of in-play wagers without any effort. Also, eSports games provide several opportunities for in-play bets due to access to game-related information.
With eSports running on machines, bookies have access to large amounts of data. For example, the more tournaments that take place, the more precise bookies can price pre-match odds. Also, the sportsbook software can use algorithms to update in-play odds while the game takes place.
The diversity of eSports games and their complexity makes picking the winner challenging for beginners. When you learn how to start a sportsbook, you must promote various eSports games to attract a broader audience. Also, you need to capitalize on the popularity of eSports betting and optimize potential revenue.
