Esports is a form of online competition using video games. It stands for electronic sports. Esports betting is placing a bet on the outcome of an esports match, game, or tournament. Esports are becoming more and better known with each passing day. The popularity of esports betting is growing steadily as well. One of the main reasons people enjoy betting on esports is that they can now participate in a form of gambling without going to casinos or gambling houses.
There are currently over 400 million active players which is an astonishing number considering how relatively new esports is to the scene. Betting on esports, which has increased in popularity over the past few years, can be done through various sites and betting platforms.
Read also: The Progressing Connection between Casino and Esports Betting
What are the most popular Esports games?
There are a wide variety of games on the market that fall under the general category of esports, but there are a few that have risen to the top in recent years.
Dota 2. Competitive video gaming has reached the level of popularity that it is now, but many people who are not avid gamers think that all competitive games are just variations of a few popular games. This is, however, not the case with Dota 2. The game was first released in 2013 and then officially picked up as an eSport in 2015.
Counter-Strike: Global Offensive. Counter-Strike: Global Offensive (CS: GO) is one of the most popular esports games on the market, and for good reason. It is a tactical game where players must communicate with one another and coordinate to complete objectives. CS: GO requires a great deal of strategic thinking, and its instantaneous gameplay makes it highly accessible to new players.” CS: GO is a lot of fun to play because it’s got pretty much all the elements of Counter-Strike,” said Duncan Jones, a CS: GO enthusiast who has played the game for three years.
Other games worth mentioning are as follows: Fortnite, League of Legends, PlayerUnknown’s Battlegrounds (PUBG), and Overwatch. Hearthstone, Heroes of the Storm, and Arena of Valor
What are the Legal Implications of Esports Betting?
Esports betting is a relatively new phenomenon that has only been around for about 10 years. However, the industry is already generating billions of dollars in revenue. As the esports industry continues to grow, it will be interesting to see how it develops and what legal implications arise.
Legal implications are not always easy to predict because they are often heavily influenced by cultural and societal norms. This makes them difficult to identify before they have been fully tested in court.
Is it Legal to Bet on Esports Events in Malaysia?
The legality of esports betting Malaysia or esports events in Malaysia. In Malaysia, there are no laws that prohibit gambling on online games such as Dota 2 or League of Legends. However, there are some regulations and restrictions for gambling in general. Gambling is only allowed if it falls under the approved list of activities which includes horse racing, lotteries, and casinos.
The Malaysian government prohibits betting on any other form of entertainment that isn’t approved by the government. This includes esports events such as Dota 2 or League of Legends tournaments.
Are there any Disadvantages of Sports Betting on Esports?
There are many reasons why people enjoy betting on esports. It is a new type of entertainment that offers a different kind of experience. However, there are some disadvantages that come with it as well.
One of the biggest disadvantages to betting on esports is the lack of regulation. There are no laws in place for regulating this type of betting so it can be difficult to know what you’re getting into when you start betting on esports.
Another disadvantage to sports betting on esports is the lack of accessibility. If you don’t have an account with a sportsbook, then you will have to go through the process of signing up for one and depositing funds before you can start placing bets online or in person at a casino or bookie.
