One of the latest trends in bitcoin gambling is the emergence of eSports betting, which is similar to betting on sports, except in this case you are placing wagers on the outcome of video games as they are played by very high level and often professional gamers. In some cases, this new bitcoin gambling activity has garnered the same kind of wide audiences that mainstream sports are able to attract, even selling out arenas. For example, The International Dota 2 Championship has sold out KeyArena in Seattle for 6 days in a row! Their 2014 tournament awarded more than 10 million dollars in prizes.
While video game tournaments have been going on for many years, recently their audiences have absolutely exploded. And where there is demand, you’ll find many companies rushing in to fill that demand, which is exactly what is happening right now with bitcoin eSports. Make no mistake, betting on eSports shows all the signs of developing a truly massive audience as it combines the substantial number of online gaming enthusiasts with the added excitement and fast-growing appeal of bitcoin gambling.
How Bitcoin eSports Works
If you are familiar with traditional sportsbetting then you will understand eSports quickly, because the inner workings are virtually identical. In both cases, bookmakers establish the betting odds and betters (also known as punters) place a wager based on those odds.
BTC eSports Games
There are major videogame tournaments going on all the time, and eSports betting sites like Nitrogen Sports list them and allow you to wager on them all. The games that are most popular for tournaments are usually games in the 1st person shooter or strategic style of games, but they offer a wide range of games to suit your interests. Here are some of the games you’ll find in tournaments that you’ll be able to wager on:
…and many more.
The Explosion of Bitcoin eSports
Did we mention this is exploding right now? Recently the crowdsale of a decentralized eSports platform banked a record $5.5 million dollars in just a few minutes. It’s just a matter of time before eSports are completely mainstream. And wagering on these competitions is growing right alongside it, almost exclusively in cryptocurrencies like Bitcoin.
Choosing a Site for Betting on eSports with Bitcoin
Due to the rising popularity, sportsbetting websites have been racing to make eSports offerings available in their wagering portfolios. So we suddenly find ourselves with many good options to choose from when selecting an eSports betting site for our bitcoin gambling activities. One of the first to enter the market, and still one of the best, is Nitrogen Sports. They offer bitcoin betting on all the major eSports tournaments. Once you enter the sportsbook portion of their site, you’ll see all the current and upcoming tournaments, along with the odds for each of the top competitors in the eSports tournament. As always, when wagering on eSports with bitcoin, you are able to place your bets in complete anonymity if you choose, and the speed of the financial transactions is virtually unsurpassed. So if you are an online gaming enthusiast, take a look at the what’s available at some of these bitcoin eSports sites, we think you’re going to love what you find.
You can find many of these tournaments being broadcast live at: https://gaming.youtube.com/