The rise of Bitcoin esports betting


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The electronic sports (esports) market is a multi-billion dollar industry and punters are eyeing the best live video game tournaments. With games such as Dota 2 and Valorant gaining so much traction, the esports scene will continue to grow its vast audience and loyal following.

The popularity of this industry has made gambling an option for those interested in making money through live esports betting. Sports betting is another market that generates billions of dollars in revenue each year. Yes, and with the esports market transforming into a go-to destination for punters, the industry’s economic growth continues to grow.

After the boom in the cryptocurrency market and coins such as Bitcoin (BTC), esports cryptocurrency betting is also becoming a popular pastime for both esports and cryptocurrency fans. But how did the market’s final rally come about?

esports betting market

Spotted as crypto casino offers on some sites like BC Gaming, the Bitcoin esports betting market relies on punter betting to make big bucks. Using crypto in betting has a number of advantages. You don’t need to learn new betting aspects when you bet using crypto. Simply put, you are using another currency as an esports punter.

Esports include video games that can be played online. Some generations of players are so good that a separate tournament is created for the game’s primary audience.

The business of esports is to market a particular game and gather an audience to play the title. I’ve done this to encourage.

For a while, the market trend seemed to be waning. However, the COVID-19 pandemic has created many opportunities for the industry to thrive. Its popularity and growth has seen him skyrocket since 2020 and today he is still one of the largest online gambling markets.

Fans love the service to watch their favorite esports teams battle it out in the games they play. The value of esports will only increase and over time it will be considered the number one betting scene.

Online esports betting and odds

When you visit the bookmaker, you will see matches and tournaments corresponding to the game you want to bet on. When betting on a specific team or player, you will see the odds specified for each of the favorites and underdogs during a particular match.

Esports betting odds are the odds of a team or player winning a match. These are analyzed by bookmakers through a long line of past games and achievements to ensure the odds are as accurate as possible.

You may also come across betting markets where you have to choose so that you can choose how you bet. These range from money lines to bets on specific quarters or periods.

esports betting with bitcoin

Cryptocurrencies are similar to fiat currencies and real money. It has an inherent store of value and can be used to purchase certain goods and services online. A prime example of a virtual currency is Bitcoin, which is considered the most profitable coin.

Bitcoin is a digital currency that works using blockchain technology. Blockchain allows faster and safer transfers of funds through peer-to-peer functionality. Blockchain technology is completely decentralized, so there are no third parties involved.

It also means that transaction speeds are very fast, making it more convenient for punters to use Bitcoin to bet. Bitcoin is best because it is anonymous.

Outside of online esports betting, Bitcoin can be used in other ways. For example, you can simply store it in your digital wallet, wait for its value to rise, and later trade it on an exchange. Bitcoin has many uses and esports Bitcoin betting is one of the best.

esports betting games

We have a collection of video games that have entered the main competition of several esports championship tournaments. Below are the most popular games on the esports scene during the most intense matches of all time.

dota 2

Dota 2 is competitively played due to the highly tactical nature of the game. What started as the Defense of the Ancients mode in his first Warcraft III game is now a separate game genre.

The game is a 5v5 multiplayer online battle arena (MOBA) and the first of its kind. With hundreds of heroes to choose from, each match feels unique from the end, making Dota 2 a great esports game for fans and punters alike.

Counter-Strike: Global Offensive (CS:GO)

CS:GO is one of the most realistic and popular first person shooter (FPS) games, famous since its heyday when the game was still version 1.6. The game has his two factions, terrorists and anti-terrorists.

The objective of the game depends on which team you play for. If you are one of the terrorists you have to plant a bomb and detonate it. When playing Counter Terrorist, you must kill all terrorists before any one plant the bomb or defuse it if it has already been planted.

fortnite

Fortnite is a third-person shooter battle royale game with crafting elements interspersed in gameplay. The game made the battle royale format popular and many similar titles were released. The cartoonish graphics are easy on the eyes and this game is he one of the most competitive shooters you can play.

league of legends

Like Dota 2, League of Legends or LoL is a much more streamlined MOBA than its predecessor. The game streamlines gameplay by removing more advanced mechanics such as terrain, jukes, and creep equilibrium that are all present in Dota 2.

Starcraft II

StarCraft II was released at the same time as Dota 2 and is another tactical MOBA game enjoyed by many hardcore gamers. Instead of the medieval fantasy settings of both Dota 2 and LoL, StarCraft II takes place in space.

PlayerUnknown’s Battlegrounds (PUBG)

PlayerUnknown’s Battlegrounds (PUBG) is similar to Fortnite, retaining the realistic mechanics of shooters like Call of Duty and CS:GO, but with battle royale elements. The difference is that Fortnite does not have a crafting feature. Instead, for a more grounded gameplay that will appeal to some players, the game feels isolated and takes a long time to finish.

overwatch

Overwatch is your quintessential first-person shooter with a variety of playable characters and unique abilities. Many would say this game is his hard mix of MOBAs and shooters, but Overwatch leans more towards multiplayer shooters than anything else.

hearthstone

Hearthstone is one of the few esports card games making the professional scene. Its deep gameplay brings fans closer to the game and inspires his WarCraft characters such as orcs and mages. Hearthstone has a deep combat system in which players collect various cards to attack multiple enemies in the game.

storm hero

Heroes of the Storm is a miniature version of Dota 2 with most of the same characters but different game modes. The game can also be played like his MOBA, but it’s made for beginners who are Dota fans.

Arena of Valor

Arena of Valor is another MOBA directly inspired by games like Dota 2 and LoL. Arena Valor, formerly known as Strike of the Kings, is his MOBA of medium difficulty, featuring unique characters but similar to other named His MOBA games online .

Valorant

Valorant is a tactical shooter with gameplay similar to CS:GO, but with different agents to choose from. It was released in 2020 and had about 30-40 minutes of fast-paced gameplay perfect for the esports scene.

call of duty

Call of Duty has been the longest-running major FPS series on PC and consoles. New Call of Duty games are released every year and are as famous as their predecessors. There are about a dozen Call of Duty games with single-player campaigns and powerful multiplayer systems that evolve with each title release.

mobile legend

Mobile Legends is a MOBA that can only be played on mobile phones. Especially popular in Southeast Asia, he is one of the largest esports tournaments in the world. Gameplay is even more streamlined than LoL’s.

Bet on eSports with BC Game

When it comes to game variety, BC Game is a top online esports bookmaker. With so many bonuses, promotions and other offers, you can’t miss out on these perks when betting on the world’s best online sportsbook.

Conclusion

The Bitcoin esports market will only grow in popularity as the years go by.As new games hit the scene, this industry will only become available to punters and players.So let’s get started live esports betting Get huge rewards!

Frequently Asked Questions

Here are some of the most frequently asked questions about the Bitcoin esports crypto betting scene:

What are the most popular esports games?

Dota 2 remains the most popular esports game based on viewership numbers in various tournaments and the overall esports community. Dota 2’s annual international competition is one of the most watched esports tournaments in the world.

What types of bets can be made on eSports?

Here are some of the types of bets you can make when placing bets on the esports betting market, such as moneyline and matchmaker bets.

How to start betting on esports?

Visit your favorite bookmaker and choose the game you want to bet on. To start esports betting, make sure you have a stake.

Is esports a type of sport?

yes. Sports played online through video games.


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Conor the Tech Veteran
He previously spent 6 years publishing research on tech stocks, and believes in using a combination of fundamental, technical, and quantitative analysis. Prior to a career in tech stocks journalism he was a technology and semiconductor analyst with a research team.

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