by Esports is huge, and its popularity is spreading worldwide. Looking at numbers, Super Data Research shows that the industry has made over $892 million, and the revenue is expected to rise this year.
Why then is eSport popular?
Modern life is getting busier every day with many responsibilities staring back at you. As a result, many people try to escape a little bit to get a break from the daily hustle. Escapism through video games has increased the popularity of eSport. eSport has also been used to bring out your competitive skills of getting higher scores and collecting more skins.
When you play computer games with a friend or your opponent, whether or not taking part in a professional eSport Competition, you are simply an eSport player.
Is eSports Betting Legal in the USA?
It is difficult to underestimate the run-away success of eSports with bettors taking their chances. The good thing is that eSport gambling is available in many sportsbooks that you can choose from. But if you are in the US, probably you have questions on the legality of the sport.
When the US Supreme Court repealed the Professional and Amateur Sports Protection Act (PASPA), the decision created room for the legislative framework for sports betting. Now individual states have the authority of legislating and regulating sports betting.
Some states have allowed eSport betting; others still have unclear laws while there are those that it is still illegal.
States that have legalized eSports include:
- Colorado
- Nevada
- New Jersey
- Tennessee
- Virginia
- West Virginia
- Washington
States with unclear eSports betting Laws are:
- Delaware
- Arkansas
- Illinois
- Iowa
- Michigan
- Mississippi
Indiana sports betting laws, specifically names eSports betting illegal. However, Nevada approves eSports betting. The Nevada Gaming Control Board has recently approved betting on the League of Legends European Championship (LEC), Overwatch League, and League of Legends Championship Series (LCS). Licensed sportsbooks can now post and accept bets on LCS, LEC, and Overwatch League.
Note that the only wagers approved are winners of each match, head-to-head and overall season winner. In-play betting is not allowed; no bets should be accepted after the commencement of each game.
Top eSports Betting Sites
Major sports betting sites are offering esports betting alongside traditional sports betting. Some of these sportsbook sites include:
BetOnline: If you are looking for a decent range of esports markets for the US fans, then trust BetOnline. It has a comprehensive casino and sportsbook if you would love to bet on other sports in addition to eSports.
Betway: A one-stop site for the UK and European fans for eSports betting. A popular site for many fans due to its massive sponsorship of several tournaments.
888Sports: One of the biggest names in the gambling industry with a superb esports sportsbook. 888Sports has both Malta and UK licenses, which means many Europeans can bet with this site. 888Sports will soon be available in the US, especially in the states that have legalized esports.
Pinnacle: One of the most excellent esports betting site with tons of betting guides for seasoned and amateur bettors. The site also has a list of comprehensive betting markets covering esports major and minor tournaments.
In addition to those sites, the newly formed eSport only site Unikrn has an extensive esports betting range.
Esport Betting Tips
If you are starting a career as an esports betting, chances are you are also looking for the best strategies to keep you on top. We have provided reliable tips that you can use.
- Understand the risks involved in eSports betting
- Use reputable or licensed betting sites; don’t fall in the hands of scammers.
- Set objectives to help you stay focused and motivated. They should be realistic and achievable.
- Work with a strict budget. Bet with money you can afford to lose and apply self-control.
- Learn to spot value. Value is not in high or low odds, but in how these odds compare to the chances winning.
Luxor Casino and Hotel in Las Vegas unveiled the new Esport Arena in 2018, attracting many youngsters. If you are in the esports betting arena, Las Vegas got you covered.
