If you're interested in betting on esports with Bitcoin and cryptocurrency in general, you've come to the right place. Here you'll find some of the most popular esports games to bet on as well as where to best bet on esports with Bitcoin. We'll also be looking into some Bitcoin leagues and tournaments.
Before we start, if you are still unfamiliar with Bitcoin, we will be explaining how it works as well as how to get Bitcoin. If you don’t know what esports are yet, we will be discussing esports here, in detail. You will also learn more about the opportunities within the esports market.
First, What Is Bitcoin?
Bitcoin is a virtual currency that’s saved in a digital wallet. A digital wallet is an app that can be downloaded to your smartphone or computer.
Bitcoin is made secure by the fact that each transaction is recorded publicly in a list known as the blockchain. Each money transfer can thus be traced. This function then prevents double-spending and enables anonymous trading. After all, one cannot know in an instant about the identity of the sender or the recipient as they are both making transactions through their unique wallet address or QR code.
There are three mainstream ways on how to get Bitcoin:
– Sell products or services and get paid in Bitcoin.
– Exchange fiat money for Bitcoin.
– Mine for Bitcoin using a computer.
What Are Esports Games?
Esports or electronic sports are competitive video gaming. Gamers take part in leagues or tournaments, either individually or as a team. Streaming sites such as Twitch and YouTube have made it possible for online players to gain large fan bases. In turn, these fans attend leagues and tournaments which are played live.
Currently, the highest paying esport is Fortnite. Dota 2 ranks second highest when it comes to prize giving, and Counter-Strike: Global Offensive is third.
Esports is governed by the Electronic Sports League or ESL for short. It’s been reported that the Olympic Committee is considering adding esports to the Olympics, and more than 50 colleges have their esport varsity teams. Intel is reportedly hosting an esport tournament during the build-up to the 2020 Olympics in Tokyo, Japan.
Opportunities for the Esports Market
Opportunity when it comes to esports is boundless. Esports is the fastest growing form of entertainment in the world. At a growth rate of 9.7 percent per year, it’s not slowing down. It has been speculated that esports will soon have more viewers than all professional sports in the United States, except the NFL.
The fact that esports is not rooted in one region or culture gives it a global appeal. Anyone has the opportunity to play their favorite esports games in the comfort of their own home, which most certainly adds to the appeal and growth of esports.
Age and gender, among other characteristics, don’t influence a player’s ability when competing in esports, as it does with more traditional sports. This most definitely globalizes the esports fan base.
We live in a technological age and can be confident that the advance of esports will go hand in hand with the inevitable advancement of technology. Plus, there is the ever-growing popularity of Bitcoin esports betting.
Popular Bitcoin Esports Leagues and Tournaments
These are some of the well-known esports leagues and tournaments that Bitcoin esports bettors can check out:
– Apex Series
– Net World Championship Series
– Capcom Cup
– Call of Duty World League
– Evolution Championship Series (EVO)
– Intel Extreme Masters
– Halo Championship Series
– League of Legends World Championship
Top Esports Games You Can Bet on With Bitcoin
When you’re ready to bet on esports with Bitcoin, then you should absolutely know these popular esports games by heart. This way, not only will you know how to play them, but you will also have the knowledge to help you in choosing which teams or players to wager on. Take time to know more about these games, but just keep in mind that some newer esports games will come soon, along with Pokémon Unite in esports betting.
This is a multiplayer online battle arena developed by VALVE. DOTA 2 is a sequel to DOTA- Defence of The Ancients. Two teams play this game with five players each. Each team has its own headquarters with a structure called Ancient. The main objective of DOTA 2 is to protect your Ancient while destroying the opposition’s Ancient.
Counter-Strike Global Offensive
The first public version of CS:GO was released on 19 June 1999. This game started as an add-on to a popular 3D shooter game called Half-Life. Two teams play Counter Strike: Global Offensive, one being counter-terrorists, the other being terrorists. A round is won by completing an objective or eliminating the members of the opposing team.
This game was released in 2010 by Blizzard entertainment. StarCraft 2 is a military science fiction strategy game. Players choose to be one of three races: Terran, Zerg, or Protoss. Each race has different abilities, and their own respective philosophy. This results in various methods of gameplay and strategies. The objective of the game is to gather as many resources as possible while preventing the enemy from gathering said resources. You need to ambush enemy strongholds while fortifying your own.
League of Legends
This is a multiplayer online battle arena developed by Riot Games. Players summon a champion with unique abilities. The goal is to defeat the opposing team’s Nexus while defending your Nexus. The Nexus is a building located in the heart of a base protected by defensive structures. Ready to bet on League of Legends? Make sure to choose the top League of Legends betting sites with Bitcoin.
This game centers around player versus player matches. There are five different classes to choose from: medic, engineer, rifleman, SED, and sniper. Each class has its personalized weapons to choose from. This game relies heavily upon working together as a team, and each class has its responsibilities within the team. The objective is to take down the opposing team.
Which Bitcoin Esports Betting Operators to Choose?
Looking for online sports betting sites where you can bet on esports with Bitcoin? We’ve listed where you enjoy Bitcoin esports betting to the fullest.
Bet on Esports on Sportsbet
Sportsbet.io is operated by mBet solutions NV and offers Bitcoin esports betting. It can be used without an account and offers live sports betting. Using Sportsbet.io, you can bet on DOTA 2, StarCraft 2, Counter-Strike, and other esports using Bitcoin.
Bet on Esports on OneHash
OneHash is a Bitcoin gambling platform that provides mutual sports betting and more. When betting, you may choose to transfer your Bitcoin to a OneHash wallet, or transferring it directly for a specific event. Choose your side to bet on before the pool closes. Once the match is over, the winners divide the pot proportionately to their contribution. Choose this and have the opportunity to bet on esports on OneHash like DOTA 2, Call of Duty, and Counter-Strike, as well as a few other games.
Bet on Esports on EGB.com
This online sports betting site is fully dedicated to esports. Not only can you bet on a team using EGB.com, but you can also bet on the probability of certain things happening in a match. EGB.com offers a wider variety of esports than other online sports betting sites. Some of the games you can bet on using EGB.com are Smite, Hearthstone, DOTA2, Counter-Strike, and many more.
Bet on Esports on Cloudbet
Cloudbet started operating in 2013 and was one of the first Bitcoin betting operators. Cloudbet is a secure Bitcoin betting site that allows you to switch between Bitcoin and Bitcoin Cash as frequently as you like. It offers a large variety of esports such as King of Glory, FIFA, Overwatch, StarCraft 2, among others.
The Bottom Line
Investing in and betting on sports with Bitcoin and other cryptocurrencies is becoming more mainstream by the day. Esports is an ever-growing market, and you assuredly will not be throwing your money in the water.
If you’re interested in getting an updated 2020 list of all Bitcoin casino reviews for this market, check out the casino review section.