• Home
  • Our Books
  • Our Film
  • Games
  • About Us
  • Contact Us
  • Login

Perspectives on all eras of videogames, computers, technology, and pop culture since 2003

Login

Login
Armchair ArcadeArmchair Arcade
Armchair ArcadeArmchair Arcade
  • Home
  • Our Books
  • Our Film
  • Games
  • About Us
  • Contact Us
  • Login

Expected Growth for Esports Betting

Expected Growth for Esports Betting
Expected Growth for Esports Betting

Expected Growth for Esports Betting

June 22, 2021 Posted by A.K. Patel Editorial No Comments

For those on the outside of gaming, the rise of esports certainly came as a huge surprise as seemingly out of nowhere there were huge events with hundreds of millions of viewers throughout the year – but for those who were interested in the esports gaming space, it had been a long time coming as the current scene has been a product of those involved over the past twenty years. One thing that did remain relatively obscure for the longest time, however, had been within an esports betting market as something resembling what we now see today only really emerged back in late 2013 and early 2014 – whilst there were sites available before this, most were less than trustworthy and had no real benefit to being explored either – outside of esports changing regulation allowed for sites and services like betting options in Texas to grow for example, but what changed within the games themselves?

(Image from esportsbets.com)

The first step had been the launch of loot boxes in Counter-Strike: Global Offensive back in 2013, although loot boxes weren’t new at this point in time, Counter-Strike was certainly the first game where players were able to make huge profit from selling the in-game cosmetics, and that led to the first lucrative betting market appearing with skin betting. Growing to become nine-billion-dollar market in just three years, it enabled players to bet on what was at the time the largest esports title in a way that wasn’t really possible before, sponsorships for the betting sites started to appear on the bigger event stages, and it became normalised. That isn’t to say this method didn’t have difficulties, early issues with high profile match fixing and the launch of betting and gambling sites with questionable intentions meant that CS:GO skin betting wouldn’t stick around and by the end of 2016 had largely all but disappeared – but as a first big attempt it did allow other sites to grow in a more traditional manner.

It’s become much more common to see the big names in esports betting now as team sponsorships and event sponsorships have appeared, and even the bigger organisations typically involved in traditional sports betting have made the adjustment across too – so what comes next? Well emerging games have become a big expectation, newer titles like Valorant which released last year and has quickly emerged as one of the top four games is an example of quick growth, but many point towards the growing general acceptance towards esports as a whole as a big reason too – this past year saw a shift for a growing audience perhaps a little outside of the normal target demographic, and this change happening will be a big reason for expected growth in esports betting this year alongside viewership, and a big reason for change moving forward too as it becomes a more normalized habit and hobby.

Related

Tags: bettingcasinoesportesportsgamblingsports
No Comments
Share

About A.K. Patel

Correspondent for Armchair Arcade.

You also might be interested in

male gamer playing on a PC at a gaming cafe
Online sports gaming is big-time entertainment.

Unlocking Premium Features: How to Maximize Your Online Sports Gaming Budget

Dec 25, 2024

With a strategic approach, you can stretch your gaming budget without compromising your experience.

Close Up Photo of Monopoly Board Game
Monopoly

Monopoly: Math your Way out of Jail

Dec 12, 2023

Monopoly, the century-old game often causing household conflicts, has variants from 300 to 7,000, including special and regional editions. Despite its complexity, outcomes largely hinge on luck. "Jail" and "Go to Jail" squares significantly influence game results due to likely player 'imprisonment'.

How to Pick Safer Online Casinos
How to Pick Safer Online Casinos

How to Pick Safer Online Casinos

Nov 10, 2021

In many ways, online casinos are much safer than their brick-and-mortar counterparts.

Leave a CommentCancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Posts

  • Here’s why Liquidity Matters More than Price for New Investors
  • Creating Buzz with Innovative Gaming Event Strategies
  • Getting More Thrills From Your Gaming Skills
  • Save $40 – $110 on TABWEE Android Tablet and 10.1-inch WiFi Digital Calendar!
  • Best deals on Loaded (formerly CDKeys) for digital PC and console games!
  • Atari GameStation Go Preorders Plus Full 200+ Game List!
  • The Future of Enterprise Search: How AI Is Revolutionizing Information Retrieval
  • Mastering the Art of Request Proposals: A Comprehensive Guide
  • Supreme777: A Complete Guide to Australia’s Premium Online Casino
  • Razed Casino Review: An Honest Look at What You Get

Recent Comments

  • Mastering Lotus Speed Baccarat Strategy With Red18 on Real Dealers In SG? Explore The Best At Red18 Live Casino
  • Get Your IPTV Subscription | Best Streaming Service Today on How Do I Set up an IPTV Streaming Service?
  • Red18 Casino: Lotus Speed Baccarat Review on Real Dealers In SG? Explore The Best At Red18 Live Casino
  • Sharon Hill on Never before seen Hulk Hogan and Andre the Giant WWF photos from 1981!
  • leads dubai on Should You Be Focusing More On Local Marketing?
  • Aiodensghost on Official Game List for My Arcade Atari Gamestation Pro
  • keyboredom on Quick guide on how to play on the Internet Arcade
  • Bill Loguidice on Official Game List for My Arcade Atari Gamestation Pro
  • Melanie Levenstein on Official Game List for My Arcade Atari Gamestation Pro
  • George on How to Predict CS:GO/CS2 Skins Prices?

Archives

Categories

Explore

android (47) apple (37) ar (39) Arcade (172) Atari (77) atgames (173) book (99) books (98) casino (570) esports (48) firmware (43) Flashback (45) gambling (594) Gaming (41) home arcade (115) htc vive (42) humble bundle (282) humble store (67) ios (37) led (35) legends (40) legends arcade family (46) legends pinball (39) legends ultimate (71) Microsoft (41) Nintendo (74) PC (34) pc gamer (67) pc gaming (53) pinball (43) playstation (56) PS4 (36) retro (34) Sega (39) slots (93) sony (52) steam (146) switch (35) technology (36) update (42) virtual pinball (36) virtual reality (117) vive (34) viveport (42) vr (123)

Affiliates

+ Amazon

The everything store

+ Loaded (Formerly CDKeys)

Digital Games for PC and Console on Sale!

+ ACEMAGIC

Amazing PC, mini PC, and laptop deals

+ Planet Fitness

$1 down, no contract, great gyms everywhere!

+ Humble Bundle

Game deals, including name your price bundles

+ Playasia (Play-Asia.com)

Import games and collectibles

+ DJI Store

Amazing drones and related technology

+ Razer

Amazing PC gamer products!

fullSTEAMahead365 Your total news and information resource for all things Science, Technology, Engineering / Mathematics, Art, and Medicine / Health.

Human Advancement Never Stops.

Key Site Statistics

Posts published: 2,691
Latest publish date: September 15, 2025 @ 3:54 pm
Registered user count: 99,026

Contact Us

If you have a question, would like to provide feedback, or otherwise wish to get in touch with us, use this form.

Send Message

Blog Posts by Date

June 2021
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
282930  
« May   Jul »

Social Media and RSS

Support Armchair Arcade

All editorial content © 2003 - 2025 Armchair Arcade, Inc., an Armchair Creative Services, LLC, property. All rights reserved unless otherwise indicated. All trademarks and copyrights are retained by their respective owners. No content is to be removed or reused from the Armchair Arcade Website for commercial purposes without explicit permission from the principal Armchair Arcade staff, or the original trademark or copyright holders. Armchair Arcade, Inc., is not responsible for the content of any external sources or links. Further, endorsement of any external sources or links is neither implied nor suggested.

We thank you for your support and encourage you to contact us for any reason, including, but not limited to, questions, concerns, business endeavors, or praise. Especially praise.

Armchair Creative Services, LLC, may earn compensation for sales from links on posts through affiliate and other programs. Editorial rigor and objectivity standards are strictly adhered to and any compensation has no effect on coverage or opinions.

Prev Next