Esports betting has grown in recent years to become a much bigger part of the industry. With Covid 19 putting a stop to a lot of sports, there has been a boost to esports. Esports betting in 2021 has grown alongside viewership and interest in esports in general. Bookmakers are becoming more involved with the games, directly sponsoring teams. New territories are changing to allow esports betting too. The market for esports gambling in 2021 is getting bigger.
The last year has seen a lot of bookmakers significantly expanding their esports offerings. They’re added more games to their selections. This opens up whole new avenues for esports betting. Fans can place bets on more niche events along with games that have up until now been unrepresented. There’s also been a growth in cryptocurrency used in esports betting, and new markets opening up there.
The esports betting industry is still an early one. However, 2021 has seen a lot of growth in this area. 2022 is looking promising too. This is what’s changed over the year, and what it means for esports betting in 2021.
New Regions and Marketplaces for Esports Betting in 2021
Esports betting in 2021 can thank some of its growth to new markets opening up. New Jersey and some other areas have legalized esports gambling in recent months. This opens the door for more people in a more variety of places to get involved. While the US still doesn’t have as widespread approval as Europe, this is a big move for esports gambling in 2021.
US betting laws are pretty well known for being complex. However, online bookmakers have established some solid ways to give customers a great experience. As more states begin to revise old laws to accommodate esports betting, we can expect these offerings to change. However, even with these changes already there are some great esports betting sites in the US.
Esports Betting Companies Growth and New Opportunities in 2021
While the expansion of betting sites themselves is good news, the companies offering betting have expanded too. Rivalry is one of the bigger esports bookmakers. As you can see in things like a Rivalry review, they are already one of the best gambling sites for esports.
This year, they became publicly listed in October. If you’re looking into esports stocks, this is one of the few publicly tradable bookmakers out there. They also secured a $40 million investment over the course of the year, helping to expand throughout the year.
Unikrn has been acquired by a larger company, merging into Entain. This company already runs major bookmakers like Ladbrokes and bwin, Unikrn joins this spread of bookmakers offering more esports options.
Companies involved with esports betting have even widened their revenue streams. Companies have begun to monetize the data gathered from esports betting in 2021. Pandascore has launched an esports betting hub and made deals with bookmakers to gather more data for these events. This is going to become more of a necessity as sites begin to offer more diverse, and harder to predict games.
Varied esports odds are a common problem for smaller games, so data sharing should help ensure better payouts and rates even on less-widely followed games. More stable odds are a big improvement, especially with different games being added to esports bookmakers over the last year.
Esports Betting 2021 – More Markets and Games
Esports is a pretty wide term. A lot of sites offer esports, but get limited to just the major games to not overwhelm things. However, this year has seen some big expansions to the number of games on offer. These are some of the games that have been added to esports betting sites in 2021;
- KOG
- Valorant
- PUBG
- Halo
- Wild Rift
- Apex legends
Some of these additions are down to the game’s only just getting a bigger esports scene or new release, like Valorant or Halo. However, the addition of more mobile offerings is a good sign of increased interest in mobile esports. Along with games like Apex and PUBG getting more r
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