Before the early 2000s, traditional sports betting was the main way to place bets. However, the blend of technology with traditional sports led to the rise of competitive video gaming, known as esports.
With the advent of esports, not only has the gaming community expanded, but a novel form of betting has blossomed, offering a unique flavor compared to traditional sports betting.
Whether you’re a seasoned gambler or a newcomer to the betting arena, understanding the distinctions between esports betting and traditional betting is crucial. This article highlights seven key differences, helping you get a good understanding before placing your next bet.
Nature of Competitions
At its heart, the types of competitions you’re betting on are quite different. Traditional sports betting focuses on physical games like football or basketball.
Meanwhile, esports betting is all about video game competitions, with games like League of Legends or Counter-Strike played by teams like Cloud9 or Team Liquid. Unlike real-world stadiums, esports happens in a virtual arena, which brings a unique flavor to how you place and win bets.
Betting Markets
Jump into esports betting, and you’ll discover special betting markets. For example, you could bet on which team will score the ‘first blood’ (first kill) in a MOBA (Multiplayer Online Battle Arena) game like Dota 2 or who will get the first Dragon kill in a game of League of Legends.
On the flip side, traditional sports betting has more common markets like point spreads, where you bet on the margin of victory, or over/unders, where you bet on the total points scored by both teams.
These unique esports betting markets offer a more customized betting adventure. Sounds like your kind of thing? Click here for esports betting options you can explore in these unique markets.
Data Analytics
The digital nature of esports allows you to gather and analyze a lot of game data, aiding in smarter betting choices. For instance, you can look at a team’s past performance, kill/death ratios, or objective control in games like League of Legends.
On the other hand, traditional sports may have fewer statistics available, like a player’s scoring average or a team’s win-loss record. With more data to look at in esports, you have a better shot at making a winning bet.
Live Betting
Both esports and traditional sports have live betting options, but with esports, the odds often change more quickly because the action is fast-paced. For example, in a game of Counter-Strike, the situation can shift rapidly with a single headshot or a bomb defusal.
This lively odds-changing scene keeps you engaged, adding a thrill to your betting experience as you try to catch the best odds at the right moment.
Integrity and Regulation
Traditional sports betting has been around for a long time and has well-set regulations and measures to ensure fair play. On the other hand, esports is fairly new to the betting scene, and its regulatory framework is still under construction.
For instance, anti-cheating measures to prevent things like aim-botting in a game like Counter-Strike are still under evolution. This is something to think about as you explore the esports betting world.
Popularity and Demographics
The online vibe of esports clicks with folks who’ve grown up with the internet, making it more appealing to them. For instance, a 20-something might prefer betting on a thrilling match of Overwatch rather than a traditional football game.
This creates a noticeable age gap, with older individuals typically sticking to traditional sports betting while the younger crowd leans towards the digital excitement found in esports betting.
Accessibility
The online nature of esports betting makes it easily accessible. Both types of betting rely on online platforms, but esports blends seamlessly with these platforms, making it quite attractive.
For instance, with just a few clicks, someone from any part of the globe can place a bet on an esports match occurring thousands of miles away. This ease of access is a major attraction, especially for a worldwide audience looking to engage in betting activities without geographical constraints.
Stake Your Claim
The growing world of esports betting opens up a new, digital-focused path for those who love to bet. By getting the hang of how it differs from traditional sports betting, you set yourself up for a more enjoyable betting experience.
The special betting markets, the deep dive of data analytics, and the younger crowd are just a few things that make esports betting a modern adventure worth trying out. Research the best esports betting platforms available today and begin the betting adventure of a lifetime.