We’ll be going over both esports and sports betting and how they work, plus, their similarities will be broken down in full. This way, players will be able to manage their expectations. Learn more now about these forms of betting below.

Esports and Regular Sports Betting: Top 5 Similar Features

Ever wondered about the difference the “E” in esports makes to the extent that it’s an entirely separate genre at online casinos? Well, our article aims to answer your questions, including what esports is and how it’s identical to sports betting.

Esports Explained

Esports refers to professional online gaming using video games. You, the punter, can bet on multiple elements in a game competition including the actual players competing against each other. Of course, this informed wagering decision is preceded by a data-gathering stage on the punter’s side.

Popular video games that players can bet on are Call of Duty, League of Legends, Dota 2, Counter-Strike, Overwatch, Heroes of the Storm, and Battlefield. In comparison, sportsbook players can only bet on traditional sports including Football, Hockey, Basketball, Horse Racing, and Golf. Offering huge payouts to both competitors and punters estimates currently put the esports industry at around $1 Billion but the exciting part is that it’s still evolving.

Similarities Between Esports and Regular Sport

For those similarities between esports and regular sports betting we promised, have a look at them below. They’ll give you an idea of how to approach these two forms of sports.

Betting Types and Strategies

Esports and sports betting offer similar bet types and strategies. In general, punters can bet on players and game outcome(s) across a series of matches. Heck, there’s in-play betting for both types of betting and you can check out esport live betting on this website. Also, have you noticed that the arbitrage betting strategy is a common theme in both esports and sports betting?

The Statistics

For one, both esports and sports betting are governed by odds (otherwise called lines) which determine the potential winnings that players and bookmakers can make per wager. In Call of Duty, there’s an option to bet on the total kills a player will make so there are stats like over and under and their odds for punters to make the best wagers. This is similar to betting that which a player will score a particular number of goals.

The Environment

Similar to sports betting, there’s an audience that cheers players on as they compete against each other. So, emotions are pretty much part of the experience because both types of sports are hosted between skilled players.

Surplus Bookmakers

Accessibility is another similarity between sports and esports betting because there are many bookmakers in the business. Players only need a smartphone running iOS or Android and they wager right from their couch.

Match Duration

Matches are at the heart of esports and sports betting so naturally, their matches are timed. In the case of esports, a football match may last only five minutes and in traditional sports, matches last 90 minutes, excluding extra time.

Conclusion

Live esports bets and regular in-play sports are a thing, which is another similarity between both forms of sports betting. However, this guide should equip you with the necessary information to decide your stand on the two forms of betting.