Monthly Archives: April 2024

Recently, a new regulation came into force in the sports betting and online gaming scenario in Brazil, bringing with it important changes for financial transaction companies, operators and bettors. This is Normative Ordinance SPA/MF No. 615 (Means of Payment Ordinance), published by the Ministry of Finance and the Secretariat of Prizes and Betting (SPA) last April 16th, which establishes general rules to be observed in cash transactions. payment made by agents authorized to operate the fixed-odds lottery modality in national territory.

The Payment Methods Ordinance emerged as a legislative response to the growing demands in the sector, governing financial transactions in the Betting market. However, one of the most notable provisions is found in article 3, which addresses the prohibition of advances, advances, bonuses, or prior advantages to bettors (Bonus).

The prohibition of Bonuses, as established in paragraph four of the aforementioned article, prevents operating agents from granting, in any form, Bonuses to bettors, even if as a promotion, publicity or advertisement, with the aim of encouraging the placing of Bets within of their platforms.

Bonuses have been a common strategy not only in Brazil, but in other countries. By offering additional financial advantages to bettors, betting companies are able to attract and retain customers on their platforms, thus increasing their bettor base. However, by prohibiting these practices, the question arises about the impacts of this prohibition on the businesses of betting operating companies.

Firstly, it is important to understand that the Bonus is a practice that refers to offering financial incentives or benefits to bettors before they even place their bets, for example, offering extra money to bet or offering free bets.

For the bettor, initially, the bonus can bring an additional financial advantage, as it can give a feeling of increased potential gains or even mitigate losses when betting. However, it is seen that Law No. 14,790, of December 29, 2023 (Betting Law), came with the prospect of implementing responsible gaming in Brazil and, through this, preventing gaming addiction (ludopathy). The ban on bonuses could be a means of realizing the perspective brought by the Betting Law.

Therefore, despite the potential benefits for bettors, such as the promotion of more responsible gambling, the ban on Bonuses brings challenges for betting operating companies. These companies may face difficulties in attracting new bettors and maintaining the loyalty of existing ones, as Bonuses are often an important attraction for bettors.

Furthermore, the ban on Bonuses may bring uncertainty to companies that will be regulated in Brazil, since those that will not be regulated will continue to carry out these actions on the black market, and because of this, it is necessary for the State to monitor, to avoid reducing the revenue of regulated companies due to possible unfair competition in the Betting market.

From the future perspective on the prohibition of these practices for Betting companies, in a market where there is regulation and inspection by the State, these companies will have to find and/or concentrate other strategies, whether marketing or otherwise, to attract and retain customers on their platforms.

In summary, the ban on Bonuses established by the Payment Methods Ordinance represents a significant change in the Betting market in Brazil, and although it may bring challenges for Betting companies, it also offers opportunities to promote a more responsible gaming environment for bettors.

Guilherme Sadi Lawyer, partner at Sadi / Morishita Advogados

Read the original post:

The impacts of banning bonuses on the sports betting and online gaming market in Brazil - Games Magazine Brasil - GAMES MAGAZINE BRASIL

The report by FOX8's Bob Buckley focused on how the expansion of legal sports betting could impact sports fans and the sports themselves.

Share:

Share this page on Facebook Share this page on LinkedIn Email this page to a friend Print this page

The expansion of sports betting into North Carolina and other states is filling state coffers with revenues, as well as those of those taking the bets, while giving sports fans an avenue to put some money behind their passion for their teams or best instincts for which team will come out on top.

But is sports betting good for sports overall? David Bockino, associate professor of sport management at Elon, says no.

I think its going to lead to a breakdown of the traditional fandom, Bockino told FOX8s Bob Buckley.

Insights from Bockino and fellow faculty member Bill Squadron, assistant professor of sport management, were featured in Buckleys recent reporting onthe expansion of legal sports betting into North Carolina.

For the leagues, is it going to increase ratings and engagement and all these buzzwords they love to talk about, Bocking said. For sports as a cultural and societal entity, is it good for us as Americans to be gambling on sports?I think the answer is no. I think its more fun to root for a team for the teams sake.

Bockino has detailed how the evolution of betting on sports as well as other factors have impacted sports in a new book, Game On:How Sports Media Grew Up, Sold Out and Got Personal With Billions of Fans.

Squadron equates the history of sports betting with that of Prohibition in the United States.When the internet became a factor, it exploded and was global and was offshore and international Suddenly, there was no way to manage it and the prohibition model kicked in, Squadron said.

However, the granular ways in which fans can now wager on athletic competitions could impact the perception of fairness. Fixing the outcome of a competition could be more challenging than the performance of an individual player or a single statistic during a competition.

It leads to potential for manipulation in ways that simply the outcome of a game is much harder to fix or at least to create that suspicion, Squadron said.

Watch the entire segment of The Buckley Report to learn more.

Before entering academia, Bockino worked at ESPN for seven years in both the Research and Analytics and International Ad Sales departments, collaborating closely with ESPN offices in Mexico, South America, Europe, Australia and Asia. Along with Game On, Bockino is the author of The Guidebook Experiment and the Kindle Single Greetings from Myanmar. He has published research inNewspaper Research Journal, Asian Journal of Communication,andJournalism & Mass Communication Educatorand presented research papers at AEJMC, ICA and others. His teaching, writing and research interests include the media business, sports, history and travel.

Squadron earned his law degree from the University of California at Berkeley and was previously a partner at Morrison & Foerster specializing in cable, broadcast and wireless regulation. He served as the New York City Commissioner of Telecommunications under Mayor David Dinkins, and as President of the National Association of Telecommunications Officers and Advisors, representing all municipalities in the discussions over the Cable Act of 1992.

Squadron was previously senior vice president for strategic planning at News Corp. and was named Ernst & Young Entrepreneur of the Year for NYC in the Media category in 2001. He served as head of new media for IMG North America, from 2003 to 2006. He was president of Bloomberg Sports, the leader in sports data and analytics services, which was sold to Vista Equity Partners in 2015.

See more here:

Elon faculty featured in FOX8 report on legalized sports betting in N.C. - Today at Elon

With nine games on the slate and no Coors Field, which top pitchers and stacks should you consider for your lineups? FanDuel Research's Tom Vecchio breaks it all down, discussing his favorite strikeout and home run props at FanDuel Sportsbook (3:25) before laying out the top priorities on the DFS slate (7:25).

Each episode of The Solo Shot is available on Apple Podcasts, Spotify, or wherever else you get your podcasts. To ensure you receive each episode right when it's posted, subscribe to FanDuel Research Podcasts on any of the channels above. You can also download the episode by clicking the down arrow in the bottom row of the module below. A video version is available on FanDuel TV+.

Where are you seeing an edge on today's MLB slate? Check out FanDuel Sportsbook's latest MLB betting odds and FanDuel's MLB DFS contest lobby to see the full menu of options.

Sign up for FanDuel Sportsbook and FanDuel Daily Fantasy today!

The above author is a FanDuel employee and is not eligible to compete in public daily fantasy contests or place sports betting wagers on FanDuel. The advice provided by the author does not necessarily represent the views of FanDuel. Taking the authors advice will not guarantee a successful outcome. You should use your own judgment when participating in daily fantasy contests or placing sports wagers.

Read the original here:

MLB Betting and DFS Podcast: The Solo Shot, Monday 4/29/24 - FanDuel Research

NASCAR Dover 2024 Weekend Betting Recap I NASCAR Gambling Podcast (Ep. 401)

Welcome to another episode of the NASCAR Gambling Podcast on the Sports Gambling Podcast Network! Five days a week, Rod Villagomez and Cody Zeeb bring their love of NASCAR and their love of sports betting to you to help you set your bets for the weekend of NASCAR action. From the Craftsman Truck Series to the Xfinity Series, to the Cup Series, Rod and Cody have you covered.

Today, Rod and Cody recap an action packed NASCAR Dover 2024 weekend and go over their betting picks for the Xfinity and Cup series. Will we see Jesse Love return to the top 10 after a disappointing date with the Monster Mile? How well did we do in all the chaos that shook the leaderboard on Saturday? Are we going to get past the pain of watching some of our favorite bets snuffed out because of Miles the Monster Who were the most disappointed drivers leaving Delaware this weekend? Well answer these questions and more on this weeks episode.

Be sure to subscribe to the NASCAR Gambling Podcast on the SGPN App, and on Apple Podcasts or Spotify. Find Rod (@rjvillagomez) and Cody (@Husker_Zeeb) on Twitter.

Introduction Musical Credit: I Run by Iconoclast

Go here to see the original:

NASCAR Dover 2024 Weekend Betting Recap I NASCAR Gambling Podcast (Ep. 401) - SGPN

New Hampshire Gov. Chris Sununu shows his receipt after placing the first legal sports wagering bet on his mobile phone in Manchester, N.H., Dec. 30, 2019. (AP Photo/Charles Krupa)

Twenty-six current and former college student-athletes are suing the Iowa Division of Criminal Investigation based on allegations the agency violated their constitutional rights by doing a warrantless search that led to sports betting charges.

The federal lawsuit filed Friday says DCI agents illegally used geofencing software to pinpoint online sports wagering by student-athletes and searched student-athletes phones without search warrants.

The athletes mostly from the University of Iowa and Iowa State University are seeking compensation for humiliation, degradation, public ridicule, loss of personal reputation, and emotional distress as well as punitive damages.

Due to DCIs actions and/or failures to legally investigate the plaintiffs, the plaintiffs were all indicted and some convicted, severely upending their lives, collegiate careers, and future opportunities, said the 47-page lawsuit.

The plaintiffs are:

Most of these names have been reported in connection with a sports betting probe announced last spring. Some have faced criminal charges and NCAA penalties, while others have faced just NCAA penalties.

The DCI in October 2021 created a sports wagering team of five special agents and one special agent in charge to address the rapid growth in sports betting in Iowa after it was legalized in 2019. In fiscal 2023 when the Iowa and Iowa State investigation happened the team had 204 cases related to sports wagering or other forms of internet gambling.

The lawsuit alleges Special Agent Brian Sanger, who was part of the sports wagering team, reached out in 2021 to GeoComply Solutions Inc., a Vancouver-based vendor that provides geolocation services for enforcing sports betting rules.

Sanger wanted the special sauce used by GeoComply to collect data on sportsbooks and their users, the lawsuit states. The initial goal was to collect data as part of a joint operation with the State of Illinois investigating various fraud organizations.

GeoComply Senior Vice President Lindsay Slade suggested to SA Sanger that GeoComplys software could be used to assist in future investigations, telling SA Sanger, Perhaps its best we discuss on the phone to determine how to move forward, the lawsuit states.

After that call, Sanger wrote a report about why GeoComply should be licensed in Iowa, the suit states.

The Iowa Racing and Gaming Commission, which held the GeoComply license, was hesitant to let the DCI use geolocation software for some law enforcement purposes, but gave agents login credentials in September 2022, the lawsuit states.

GeoComply trainers showed DCI agents how to use Pindrop map, which could be used to locate hot spots of sports betting, the suit states.

Agents used the feature around the UI and ISU campuses, locating sports betting account numbers, according to this lawsuit and previous court filings. Agents then subpoenaed sportsbooks to get the names of account holders and used that information to file criminal charges against many of the plaintiffs.

Van Plumb, one of the lawyers who filed the lawsuit, said Friday they still want to learn more about GeoComplys role in what they allege were illegal searches.

Were not considering filing a lawsuit against them as yet, he said. That may change as we get into the discovery. Theres a lot more to learn.

Plumb said attorneys are withholding judgment on the Iowa Racing and Gaming Commission until after they have a chance to depose former administrator Brian Ohorilko, who left the commission in December to take a job with Prairie Meadows Casino in Altoona.

The DCI in January defended its use of the GeoComply software to enforce laws against underage gambling and against coaches, players and trainers from betting on sports.

Prior to using the tools provided, the Department of Public Safety conferred with legal counsel to ensure lawful access to and use of the technology, the agency said. Two county attorney offices also reviewed all relevant investigative information before making the ultimate decision to file charges.

We believe the evidence was obtained in a constitutionally permissible manner, the agency said in January. Ultimately it is up to the courts to decide.

The Story County Attorneys Office in March dropped charges against ISU student-athletes, saying the use of geofencing software exceeded its permitted use.

Comments: (319) 339-3157; erin.jordan@thegazette.com

See the article here:

Iowa athletes file federal lawsuit against DCI over sports betting probe - The Gazette

Fanatics North Carolina is now live! Sign up now for a new account. We expect the Fanatics North Carolina Promo Code to offer up to $1,000 in bonus bets.

This is an incredible deal from Fanatics North Carolina, so sign up now and get ready to start betting at one of the best North Carolina betting apps at the first launch on March 11.

In this guide about Fanatics North Carolina, we will tell you everything that we know so far about North Carolina sports betting, and get you prepared.

The Fanatics North Carolina promo code gives new customers a get up to $1K in bonuses. After signing up, you can make your first qualifying bet each day for up to $100 and get back up to $100 each day in bonus bets if your first bet each day loses, for up to a total of $1,000 in bonus bets total.

Thank you for signing up!

You've got mail. Check your inbox!

There are betting odds available daily for all of your favorite sports including the NFL, NBA, MLB, NHL, UFC, soccer, tennis, and much more from the top sportsbooks. Some of the top games to bet on tonight include:

For today's NBA best bets, take the Boston Celtics -10.5 to take a 3-1 series lead against the Miami heat, and take the OKC Thunder -4.5 and the Denver Nuggets -7.5 to close out their first-round series against the New Orleans Pelicans and LA Lakers, respectively.

Up to $1,500 in Bonus Bets if Your First Bet Loses Promo Code: BOOKIES

Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate. Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, IN, KY, LA, MD, MS, NC, NJ, OH, PA, TN, VA, WV, WY) Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for T&Cs. US promotional offers not available in NY, NV, or Puerto Rico.

Fanatics North Carolina promo code is now available. To register, you want to click on the Visit Site links on this page to take you to the latest Fanatics NC Sportsbook Registration promo code.

Fanatics North Carolina is poised to revolutionize sports betting in the state, having already dazzled users during beta testing. With its intuitive interface, diverse betting options, and flawless performance, it's bound to leave a lasting impression. Sports enthusiasts in North Carolina can anticipate a top-tier platform that caters to their every need, delivering an unmatched betting experience from the get-go.

Fanatics North Carolina is one of the best sportsbooks in the Old North State when it officially launches in NC. However, we have heard nothing but good things about the beta-testing version of the product, and we are confident that sports bettors in North Carolina are going to be very impressed when Fanatics North Carolina officially launches.

North Carolina betting offers and promotions are now available for licensed sportsbooks. We have you covered with all of your North Carolina sports betting news right here at Bookies.com.

Sports bettors in North Carolina can now receive new-user registration welcome offers in North Carolina and others that are similar to what the top sportsbooks offer in other states. This includes things such as first-deposit bonuses, no-deposit bonuses, and bonus bets in return for your first losing wager.

North Carolina betting offers are now available. As always, stay tuned to Bookies.com for more details on North Carolina betting offers.

Up to $1,500 in Bonus Bets if Your First Bet Loses Promo Code: BOOKIES

Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate. Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, IN, KY, LA, MD, MS, NC, NJ, OH, PA, TN, VA, WV, WY) Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for T&Cs. US promotional offers not available in NY, NV, or Puerto Rico.

Originally posted here:

Fanatics Sportsbook North Carolina Promo: Bet And Get $1K In Bonuses For April 29th, 2024 - Bookies.com

The good news is that the DraftKings $200 promo is back and claiming yours is quite simple. New users can score an easy $200 in bonus bets just by registering, depositing $5, and placing their first $5 bet. Remember: no promo code is needed.

This DraftKings $200 promo code is as straightforward as it gets, offering new users eight separate $25 bonus bets, totaling $200 in bonus bets, these expire after seven days.

There are betting odds available daily from the top sportsbooks for all of your favorite sports including the NBA, MLB, NHL, UFC, soccer, tennis, and much more. Here are my favorite best bets for tonight's NBA games:

For today's NBA best bets, take the Boston Celtics -10.5 to take a 3-1 series lead against the Miami heat, and take the OKC Thunder -4.5 and the Denver Nuggets -7.5 to close out their first-round series against the New Orleans Pelicans and LA Lakers, respectively.

Bet $5, Get $200 in Bonus Bets + No Sweat NBA SGP Every Day Of The Playoffs

Must be 21+ to participate. T&Cs apply.

Claiming your DraftKings $200 promo is easy, here's how you can get started today:

Now youve successfully claimed your DraftKings $200 promo and are all set to utilize your bonus bets.

No DraftKings $200 promo code is required, you just need to be a new user present in states where DraftKings Sportsbook is operational and follow the steps described above.

Yes, we have confirmed that this DraftKings $200 promo is legit in states where DraftKings Sportsbook is operational.

DraftKings Sportsbook can be used by 21+ users in AZ, CO, IL, IN, IA, KS, LA, MA, ME, NJ, NH, MD, MI, OH, PA, TN, KY, CT, NY, VA, WV, and WA

Get ready because claiming your DraftKings $200 promo is quite simple.

Register for a New Account: As long as youre above 21 years of age, youre good to go, provide a unique username, and a valid email address.

Deposit a Minimum of $5: After setting up your account, the following step involves depositing a minimum of $5 into your DraftKings account.

Place Your First Bet: With a wide range of sports markets to choose from, including NFL, NBA, and NHL, just place your first bet of $5 or more, and receive your promo. This bonus comes in the form of eight separate $25 bonus bets totaling an incredible $200.

These bonus bets allow you to place a wager without risking your own money, and with bonus bets win, you get the profit but not the original stake of the bonus bet.

Bet $5, Get $200 in Bonus Bets + No Sweat NBA SGP Every Day Of The Playoffs

Must be 21+ to participate. T&Cs apply.

The terms and conditions of the DraftKings $200 promo code are quite straightforward.

To be eligible, you must:

And remember, you have just seven days to use the DraftKings $200 promo from the time it is credited to your account.

DraftKings' $200 promo is a great opportunity for new users to kickstart their sports betting journey. With a wide range of sports markets, a user-friendly app, and a commitment to responsible gambling, DraftKings offers a safe betting experience.

Bet $5, Get $200 in Bonus Bets + No Sweat NBA SGP Every Day Of The Playoffs

Must be 21+ to participate. T&Cs apply.

The rest is here:

DraftKings $200 Promo Code: Bet $5, Get $200 In Bonuses On April 29th, 2024 - Bookies.com

Professional and college sports leagues have been cracking down hard on players who break sports betting rules, but now some athletes accused are cracking back. Twenty-five current and former student athletes from the University of Iowa and Iowa State University have filed a suit against several departments of the state of Iowa due to accusations they broke Iowa sports betting laws.

These athletes are seeking damages as a result of investigations into their sports betting while they were in college. Lawyers representing these players specified that their rights were violated by state departments searching them, and in some instances, investigators lied to them in order to gather information from the players.

Two of the players specifically named in the lawsuit are Broncos defensive lineman Eyioma Uwazurike, who missed all of the 2023 NFL season due to suspension from gambling violations, and Noah Shannon, who may get drafted this weekend.

At the heart of the players suit is Iowas use of a tracking software called GeoComply when investigating the players. The lawyers representing the players believe that there was no evidence of illegal gambling activity, yet the state tracked them with GeoComply and uncovered the betting.

Suspensions and even criminal proceedings followed, and the argument is essentially that there was no probable cause to track any of the players and thus the investigations were almost like an online stop and frisk policy.

College sports betting is a bit of a hot topic in the industry right now. Some states are expanding it most notably Connecticut, which just moved to allow for in-state college betting after UConns Mens Basketball Team won its second straight national championship. Others like LLouisiana, however, are following the NCAAs guide and have moved to ban player prop betting on college sports.

Read this article:

Iowa College Athletes Going to Federal Courts Over Sports Betting Violations - OddsShopper.com

SiGMA surprised us in a very positive way. We had an intense schedule of meetings and get-togethers with our partners and suppliers, but we also met new providers, tools and have already lined up several new partnerships that will contribute to the brand expansion project, summarized Eduardo Rodrigues, marketing coordinator at SeguroBet.

Being here was an incredible opportunity to have access to exhibitors that were not on our radar, but that will add a lot in our quest to offer the best for SeguroBet players, he highlighted.

The security and regulation of betting in the Brazilian market were the main topics discussed during the event. Participating in the Resenha SeguroBet program, on Rdio Bandeirantes, Monara Shainny, CEO of SeguroBet, reinforced the commitment that the brand carries in its name.

Our platform was born focused on both the safety of our customers and the operation itself. We have been licensed since the beginning and are excited about the advances in the regulatory process. The competition is great, but the market is much larger, this is not a problem, on the contrary, it is an opportunity. The important thing is that we only have serious houses in Brazil operating and strengthening this fascinating sector, concluded Monara.

The company announced first hand at the fair the holding of a prize pool open to the public, regardless of deposits, worth prizes. The idea is to democratize gambling and promote education about betting.

SeguroBet is a Brazilian online entertainment platform, specialized in digital betting and online casino. It is made up of a team passionate about technology, dedicated to exploring all possibilities to provide entertainment in a safe and accessible way.

To customers, it offers the best quotes on the market, as well as daily offers and bonuses, guaranteeing 100% secure transactions and humanized service available 24 hours a day.

In 2024, SeguroBet marks a new phase in its national expansion process by announcing singer, actor and composer Mumuzinho as its new ambassador.

Source: GMB

Link:

SeguroBet sees sports betting and iGaming strengthened after participation in BiS SiGMA Americas - Games Magazine ... - GAMES MAGAZINE BRASIL

Ad (contains affiliate links; you must be aged 18+ to bet, be gamble aware)

Around 15 years ago, esports and content creators were just getting started. The likes of KSI and his Sidemen were only just starting to make their first hilarious FIFA compilations, and the playing both the beloved soccer simulation and other games competitively had only just started to ramp up.

Meanwhile, the sporting world was gearing up for the 2010 FIFA World Cup in South Africa, a tournament that would shatter records both in terms of the billions of viewers watching and the amount of hard-earned cash being lumped into the action.

How Did We Get Here?

As that wonderful tournament the first ever to grace the African continent unfolded, it became clear who the team to beat was. Spain were the reigning European champions and, despite a shock opening day defeat to at the hands of Switzerland, were the favourites for the title. They duly lived up to the billing, kicking out continental rivals Germany and the Netherlands to become world champions for the first time. The competition wasnt just a groundbreaking one for the Spanish, it was also a marquee occasion for the world of esports.

That summer, the FIFA Interactive World Cup, now known as the eWorld Cup, became the most-entered online tournament on the planet with over two millions players, an effort that secured it a place in the Guinness Book of World Records. Three years later, the record was shattered once again as 2.5 million joined in. Fast forward to today and, not only is the tournament (now in its current FC iteration) as popular as ever, punters can also bet on it as well.

Where To Place an Esports Bet?

All the top online bookmakers in modern times now offer betting on both FIFA or EA Sports FC as it EAs football series is now known as well as a bucketload of other games. Popular comparison site Oddschecker offers a number of promotions for these bookmakers, such as no deposit offers with sites like LeoVegas and Kwiff, both of whom have prices for the ongoing Counter Strike 2 ESL tournament.

But how has betting on esports become this popular, and how does it differ from its more traditional counterpart?

Demographic Effect

A stark difference between the sports and esports is in their respective audiences. Sports appeal to a broader, often older demographic that appreciates the long-standing tradition. They are already aware of who the best teams and players are, as well as the main markets on offer. Thats why in any given Premier League football match, there are hundreds of lines that a punter can bet on, right down to whether a player will have a shot on target or how many passes they will complete.

In contrast, the online counterpart attracts a younger, digitally-native audience that has grown up with video games and is comfortable navigating the landscape. But the niche is also new for providers as well and, as such, the number of markets available to bet on is drastically reduced. As well as that, some avid esports fans may be more knowledgeable than the traders working for the bookmaker, so the possibility to place value bets is far greater than in traditional sporting events.

Dynamics

In traditional sports, physical prowess, tactics, and conditions play significant roles, introducing a level of predictability and analysis that can be quantified. Esports, while also strategic, introduces an element of unpredictability, especially when it comes to patches, updates to games that can change the balance of power. The digital format itself, meanwhile, is less prone to external, unpredictable factors like weather.

Market Growth

Esports betting is part of an industry that has experienced explosive growth. With video gaming becoming increasingly mainstream and the number of competitive events skyrocketing, its potential is vast. Analysts predict that as the audience continues to grow, so too will the market surrounding it, possibly outpacing some traditional sports in terms of year-over-year growth.

Read more here:

What are the Main Differences Between Esports and Traditional Sports Betting? - Esports News UK