The popularity of virtual sports and role-playing games such as Call of Duty has seen the esports industry expand at a phenomenal pace. Its highly organized structure includes competitive leagues and tournaments with live streamed games drawing millions of viewers. Esports currently has an annual growth rate of 9%, which should see daily audiences reach an estimated 651 million by 2023.
The attraction of esports is their easy online accessibility and anyone can play them on a PC or X-Box console. The games are highly interactive, and many viewers soon discover streamed games played in real time that provide exciting entertainment. Many enthusiasts watch esports to gain an insight into how they can be played more effectively to enhance their own role-playing skills.
However, the vast majority become fans of individual professional players or teams, following their progress through a variety of organized events. Audiences can't resist the excitement and suspense of predicting the results of virtual football matches or Battle Royale combat games such as Dota 2. The depth of betting options is incredible. Wagers can be placed on many scenarios, including outright victories, number of free-kicks or goal times.
Wagers for role-playing combat games can include predicting the success of an ambush, a surviving player or team. With real time live streaming, participants can place bets as the action unfolds, making esports betting one of the most exciting formats in casino gaming. But while there are fortunes to be made in esports betting, the earning potential of a professional player is massive.
Dedicated esports players usually begin their careers in low-level tournaments. By perfecting and demonstrating their skills, they can eventually be invited to join a professional team. In 2018, there were an estimated 38 million esports professionals. The number is expected to increase to 557 million by the year 2021. Top professionals can earn up to seven figure salaries in teams with massive sponsorship deals.
Esports are currently worth more than one billion dollars to online casinos and with an annual growth of 15.7%, its future wealth seems assured. Teams sponsored by international companies such as Honda and Red Bull have highly complex structures that include professional managers, coaches and strategy experts.
League of Legends is one of the most successful of esports leagues with approximately 27 million professional players in action every day. Some of the most intense rivalry occurs at live events and tournaments, where excited audiences look forward to winning potentially huge cash prizes from both modest and high roller bets.
The Tekken World Tour is held at several global locations. Annual competitions, such as the British Gaming League, begins in September and lasts for a total of twelve weeks. Esports provide fast-paced, interactive entertainment for players of all levels. It has become a vital part of the I-gaming industry, creating millions in revenue. And for audiences, there's the added excitement of placing bets and winning cash prizes.