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Author Topic: Now I know why eSports prize pools go over millions of dollars!  (Read 933 times)
Oilacris
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February 08, 2019, 01:51:54 PM
 #21

"Valve takes 25% of Battle Pass sales and dumps them directly into the annual International prize pool, generating millions of dollars of additional reward for pro teams while amplifying the stakes for both players and viewers alike."

So, they take money from their online subscribers and use a huge amount to promote those tournaments. It makes senses. Because a lot of players will play thinking that one day they could be the champions. It is a great marketing strategy.
Valve wont reach out on the place they are now if they didn't use up their minds to have a very effective marketing strategy.This is why we do see how they do boom up when it comes to E-sports.
Dota2, CS:GO etc.
Technology do progress as the years goes by and its no surprise that esports gaming would boom up as well.
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February 08, 2019, 02:22:53 PM
 #22

We are still talking peanuts compared to professional Basketball and Football players.  Best players are easily making over 30 million_ a year through salary and endorsements.

Maybe eventually esports will became so popular that the best players will be pulling in similar amounts.
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February 09, 2019, 02:53:41 AM
 #23

We are still talking peanuts compared to professional Basketball and Football players.  Best players are easily making over 30 million_ a year through salary and endorsements.

Maybe eventually esports will became so popular that the best players will be pulling in similar amounts.

you cant compare esports to real sports because esports are kinda new in the money making scene and players on esports dont always have a tournament while regular sports player do have many promotions aside from thier paid games  .  real sports were also popular and have more spornships compared to esports  .

esports are more cooler though because we can witness how gamers make money by just playing thier favorite game  .
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February 09, 2019, 03:06:44 AM
 #24

Some eSports players became richer than some famous sports icons just by winning huge esports tournament prize pools!

https://www.bitcoinsportsbetting.co.uk/news/how-come-esports-prize-pools-go-over-millions-of-dollars/

I am a fan of Dota 2 so I already know this.

Esports are really surprising people as we all know, there are a lot of parents in our generation that thought playing games will not do good things on us, but well they are now a job for most of the professional esports players. I think a lot more of games will be added in esports, I don't like fortnite, tbh. In the future a lot more will be prized in esports.
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June 21, 2019, 01:31:41 AM
 #25

Some eSports players became richer than some famous sports icons just by winning huge esports tournament prize pools!

https://www.bitcoinsportsbetting.co.uk/news/how-come-esports-prize-pools-go-over-millions-of-dollars/

I am a fan of Dota 2 so I already know this.

Esports are really surprising people as we all know, there are a lot of parents in our generation that thought playing games will not do good things on us, but well they are now a job for most of the professional esports players. I think a lot more of games will be added in esports, I don't like fortnite, tbh. In the future a lot more will be prized in esports.

No wonder more and more businessmen invest in esports teams and esports betting companies like Player's Lounge. In case you missed it, Drake made a huge invested here, just some months after he invested in 100 Thieves, an esports apparel company.

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June 21, 2019, 01:44:28 AM
 #26

We are still talking peanuts compared to professional Basketball and Football players.  Best players are easily making over 30 million_ a year through salary and endorsements.

Maybe eventually esports will became so popular that the best players will be pulling in similar amounts.
Its getting popular now because e-sports are already included in Olympics and consider as a sports already. The prize pools on e-sports are huge especially on the Dota 2 and that is why many players are really travelling around the world just to win the prize. We have a local team hear and they really win big on that competition, now they are already rich because of that.
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June 21, 2019, 03:00:31 AM
 #27

No wonder more and more businessmen invest in esports teams and esports betting companies like Player's Lounge. In case you missed it, Drake made a huge invested here, just some months after he invested in 100 Thieves, an esports apparel company.
Sponsorship is increasing for each team, each players and for the tournaments that has been conducted by each e-sport organization. In return of the investments, the sponsors are being advertised and their logo's are everywhere for each team, tournaments and streams that they agreed to come up with. The apparels is also part of the contract, that's the reason why they are investing to this industry because they want to garner more sales from the gamers all over the world.



 

 

 

 

 

 


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June 21, 2019, 04:58:17 AM
 #28

Well, esports tournament prize pool go over millions of dollars like Dota 2 is because of the game item sales like their battle pass in which portion of each battle pass sold will be added to the prize pool and there's also sponsors for the tournament. If your one of the players who participated in a esports tournament you'll surely earn lots of money if you win.

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June 21, 2019, 05:31:56 AM
 #29

They have their ways, and they are using marketing strategies.

For Dota 2, they make their prize pools by the result of the profit they got from the compendium or the battle pass as they call it. People buy levels and items and some percentage of it goes to the price pool. I still remember how my parents and how my aunties and uncles told me in the past that gaming would not take me anywhere while professional gamers these days earn millions and play from a country to other country.
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June 21, 2019, 09:59:25 AM
 #30

We are still talking peanuts compared to professional Basketball and Football players.  Best players are easily making over 30 million_ a year through salary and endorsements.

Maybe eventually esports will became so popular that the best players will be pulling in similar amounts.

I still think that esports is not much popular as the regular sports are famous. Esports are limited to audience who already know about them. Once they become more popular, much more money will flow in esports too. Dota 2 is gaining good popularity.

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June 21, 2019, 11:08:32 AM
 #31

It is kind of interesting that esports basically have a unique way to increase tournament prize pools, simply by using the sales from within the games itself.
This makes it really unique when you compare it to physical sports tournaments.

I totally wouldn't be surprised if esports becomes more popular than regular sports one day.
Well, that’s true it was more interesting for me now since I read it. You are right that they have a unique way to increase sale in tournament prize pools it’s because I think that eSport are more profitable than sport that’s what I also know and it was very fun for me since the winning prize are huge.
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June 21, 2019, 11:31:29 AM
 #32

We are still talking peanuts compared to professional Basketball and Football players.  Best players are easily making over 30 million_ a year through salary and endorsements.

Maybe eventually esports will became so popular that the best players will be pulling in similar amounts.

I still think that esports is not much popular as the regular sports are famous. Esports are limited to audience who already know about them. Once they become more popular, much more money will flow in esports too. Dota 2 is gaining good popularity.
When there's a lots of gamblers/players who learned about this market then more prize pool will be added, it take some time but surely
it will get more players who will create noticeable moves and will gather people to play around.

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June 21, 2019, 01:10:33 PM
 #33

It's depend on what type of game and how much the gamer's enthusiast around the world that interest on the game.
They are making massive prize pool without unaccidentally but with full calculation.

Let talk about Dota as eSport that able yield massive prize, because most people interest on that the game !

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June 21, 2019, 04:55:55 PM
 #34

There are e-sports now that I see are broadcasted on television at all hours of the day and I even just saw college teams competing in esports  Shocked
Here is a list of the Top 100 esports by pay
site https://www.esportsearnings.com/games
Just DOTA itself has paid out $180,169,581.42! 
100.   Forza Motorsport 2   $222,000.00   

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June 21, 2019, 08:53:30 PM
 #35

Is the esport company name really "100 Thieves"?
 Is that a gaming company or normal sport betting companies.
Sometimes it is difficult for me to differentiate between sports betting (football, basketball, horse racing etc) and esport betting (gaming like fortnite? football, etc)
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June 21, 2019, 09:10:54 PM
 #36

Well, esports tournament prize pool go over millions of dollars like Dota 2 is because of the game item sales like their battle pass in which portion of each battle pass sold will be added to the prize pool and there's also sponsors for the tournament. If your one of the players who participated in a esports tournament you'll surely earn lots of money if you win.

esports tournament prize pool go over millions! Well, its sounds amazing! By the way, I know someone here our place a guy have a really good skill on playing DOTA2 if that guy or his team have tournaments or bet game on DOTA2 he always win or they team always win, Its posible that guy and his team participate to play on a esports tournament? You do think it's posible?   

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June 22, 2019, 05:35:07 AM
 #37

Yeah they sell like special skins for that tournament right? When the companies can whip something up really quick and make 20 million easily they'll happily give a quarter away as a prize money.
Exactly! That's how they give back to their community through prize money with different tournaments that they are organizing. And for the avid fans, customers/gamers of them it became a yearly tradition that they should break the last year's prize pool. For the developers and company like Valve, it's a win-win situation for them. They give what the fans want because of the professional scene and at the same time, the fans/customers are supporting their ingame products.



 

 

 

 

 

 


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June 22, 2019, 06:17:51 AM
 #38

esports tournament prize pool go over millions! Well, its sounds amazing! By the way, I know someone here our place a guy have a really good skill on playing DOTA2 if that guy or his team have tournaments or bet game on DOTA2 he always win or they team always win, Its posible that guy and his team participate to play on a esports tournament? You do think it's posible?   
It is possible if the guy you mention had contacts that organize an event. I also join a Dota 2 tournament before but failed because there are too many skilled players. How they do it is by starting a tournament at your street or your place until you'll be able to take part in an international tournament.

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jademaxsuy
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June 22, 2019, 02:08:30 PM
 #39

Not all esports prize pools are good and it will depend on how good the esports and the number of users and fans following the game. Like for example dota2 to which it is already global and many are betting on team coming from a certain country. This may be not known to all that esports betting are considered one of the new games of the modern days in digitalization.
TheCoinGrabber
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June 22, 2019, 05:45:11 PM
 #40

If you think about it, there seem to be more interaction with the "audience" when it comes to e-sports, at least where funding is involved. This is something I haven't heard with traditional sports.

If you think about it, it does allow the publisher to use less of their "own" money to fill the pool.
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