Now I know why eSports prize pools go over millions of dollars!

[Oilacris]

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.

Its impossible to say that Dota2 isn't known worldwide and It isn't possible for any gamers which isn't aware on its existence.
They do have tournaments minor or major ones which prize pools do involves millions of dollars.E-sports is gradually booming up
yet there are already some existing academy regarding on any e-sports games.

[tippytoes]

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.

This is one of the reasons why esports industry is really going to hit big. I think they are already in the category of multi-billion industry??? But I know, they are already in the multi-million sector. And with the continuous advancement of technology and the young generation who are now into digital tech, no wonder this industry is like a cash cow for so many businesses.

[Lanatsa]

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.

This is one of the reasons why esports industry is really going to hit big. I think they are already in the category of multi-billion industry??? But I know, they are already in the multi-million sector. And with the continuous advancement of technology and the young generation who are now into digital tech, no wonder this industry is like a cash cow for so many businesses.

They haven't reach out multi-billion category but I wont really be surprised if they would able to go into that level.Technology do upgrade and most people will really be tied up with technology and so as with other things inside it like these games we are currently seeing now.Due to interest and lots of players it can really possibly accumulate much money as they can.It seems impossible but we are already seeing it now.

[donuts1234]

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.

This is one of the reasons why esports industry is really going to hit big. I think they are already in the category of multi-billion industry??? But I know, they are already in the multi-million sector. And with the continuous advancement of technology and the young generation who are now into digital tech, no wonder this industry is like a cash cow for so many businesses.

They aren't quite multi-billion yet but it is getting there. With more improvements in the scene and development of more games it should reach there in no time.

[partysaurus]

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/

its brilliant you support the tournament and the game and you get in game stuff to a game u play and love, its such a smart idea.

[ruthwithers1980]

As the esports industry grows, some are pushing for esports' addition to the list of events to be competed in at the Olympics.

Paris 2024 Olympic organizers are said to be now in talks about making esports a part of the demonstration sports at the Olympic Games.

Source: https://www.bbc.com/sport/olympics/43893891

[xSkylarx]

As the esports industry grows, some are pushing for esports' addition to the list of events to be competed in at the Olympics.

Paris 2024 Olympic organizers are said to be now in talks about making esports a part of the demonstration sports at the Olympic Games.

Source: https://www.bbc.com/sport/olympics/43893891

There may be a high chance that there will be an esports category on Paris 2024 Olympics because this coming Sea Games 2019 which will be held here on the Philippines, esports category is already included.

https://www.mineski.net/news/esports-sea-games-2019-industry-impact

This is a big step for esports industry and pro players will have a chance to represent their country. This is a dream come true to many gamers like me. 

[TheCoinGrabber]

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.

This is one of the reasons why esports industry is really going to hit big. I think they are already in the category of multi-billion industry??? But I know, they are already in the multi-million sector. And with the continuous advancement of technology and the young generation who are now into digital tech, no wonder this industry is like a cash cow for so many businesses.

More like in the 8 digits. I was quite shocked when I first saw it on TV, that they are giving away these millions for a "sport" that people play sitting down.

Industry is still gonna grow large, especially with mobile games. Many people don't even own a console and do most of their gaming on their phones and I've already started to see those games hold tournaments.

[goaldigger]

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/

Amazing how supportive those people who are fond with e-sports that they can all give an amount of money by buying some item on the fund raising that can be the prize pool of any tournament. Also, the amount of bets is e-sports are all on a high value. Maybe because e-sports like DOTA or any other games is more exciting to watch or to bet because of its characters and the amount of excitement is large.

[darklus123]

Esports Demand is really extremely high. If you are a gamer you will easily understand why they can really come up with this huge amount of money. Dota2 for example is always involving its users during the tournament.

They will release new products that will drive the gamers mindset extremely crazy. By that you can easily gets their attention while they also interact with your said tournament. They buy stuffs from your games like premium membership so they can get awesome rewards while the 75% of that sales goes directly to the prize pool. It will also let users want to engage in the tournament for their rewards as they also do betting.

It is a both win win situation from the dev to gamers

[Rufsilf]

Dota 2, LoL, Fortnite and CS:GO are some of the top games that bring out the hype in Esports industry. These are one of the factors why game companies able to achieved a successful crowdfund. And with the birth of PUBG, which is no doubt turned out to be one of the most playable games since it's inception, it does contribute more to the exciting environment in Esports world.

Need to be lucky as well,if you want to be one among those richest gamblers.But don't get any intention to be one most likely it is not possible to happen anyway so just do if you can and see what you can make from it.

Luck is just a side factor in Esports. The competition is all about strategy.

It is not just a strategy game just like chess and other board games it is also a team fight which brings the best of these players to compete with another great team. Gaming experiences today is being pushed to a new futuristic way so that it will bring more fun and amazement to the players with the great view that they see. Esports is really evolving with the help of Valve Corporation and other biggest companies.

With these in-game items, people tend to buy lots and lots of them for the sake of looks rather than their performances.

Right! Individual and group strategy coupled with strong items bought in-game (definitely the expensive items give better player boost) are big factors contributing to a team's chance of winning the eSports tournament. And if an esports bettor is smart enough to do some in-depth analysis of the opposing teams odds of winning, chances are he'll get better odds as well of winning on his bet.

Exactly, we can say it would be easy to know who will win or which team has an edge over the other, if the bettor is keen in checking the teams statistics and items then they guarantee a win. In eSports betting it is important to be smart in choosing a team don't just bet randomly because you might bet on the wrong team.

[xvids]

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 nowadays most of the younger generations would choose esports rather than playing the real sports.
They would rather try to be a great esports player to make money from it in so many ways .
For example gambling,Gambling in esports are not new and it is very popular for amateurs and pro ,
Some players are also making money by streaming that is why there are so many streamers nowadays .
They are using their own game play to make some highlights and post it on different streaming platform to attract followers.

[FanEagle]

Well nowadays most of the younger generations would choose esports rather than playing the real sports.
They would rather try to be a great esports player to make money from it in so many ways .
For example gambling,Gambling in esports are not new and it is very popular for amateurs and pro ,
Some players are also making money by streaming that is why there are so many streamers nowadays .
They are using their own game play to make some highlights and post it on different streaming platform to attract followers.

In my opinion, no type of gambling should be encouraged, either esports or real sport, if it has gambling attached then it’s not worth it. I feel really bad most of the times I watch how this younger generations get carried away with gambling and no one is concerned about telling them the bad side of the game

In 2016 I had over 3BTCS and gradually started gambling from it, just for the sole aim of making profit but before the end of 2017 I had lost it all completely. It’s a tough and unforgettable experience and most times when I speak against gambling, it is totally out of my very bitter experience. Gambling is addictive, destructive and also not good for any individual and I mean no type of gambling at all. I believe professional gamblers are coming to attack me on this comment but I only erred my mind.

[sana54210]

Well nowadays most of the younger generations would choose esports rather than playing the real sports.
They would rather try to be a great esports player to make money from it in so many ways .
For example gambling,Gambling in esports are not new and it is very popular for amateurs and pro ,
Some players are also making money by streaming that is why there are so many streamers nowadays .
They are using their own game play to make some highlights and post it on different streaming platform to attract followers.

In my opinion, no type of gambling should be encouraged, either esports or real sport, if it has gambling attached then it’s not worth it. I feel really bad most of the times I watch how this younger generations get carried away with gambling and no one is concerned about telling them the bad side of the game

In 2016 I had over 3BTCS and gradually started gambling from it, just for the sole aim of making profit but before the end of 2017 I had lost it all completely. It’s a tough and unforgettable experience and most times when I speak against gambling, it is totally out of my very bitter experience. Gambling is addictive, destructive and also not good for any individual and I mean no type of gambling at all. I believe professional gamblers are coming to attack me on this comment but I only erred my mind.

I feel you have grudges on gambling because of your very bitter experience, 3btc is truly no joke and I only imagine how you felt about this. Though I am sure you must have recovered from that shock but it was really a tough experience.

But this is not enough to be against gambling completely. Just like you lost your money, someone else gained same amount or even more, you should have known this before starting the game at all. I have been gambling, lost and as well recovered and I have no regret although I try to be smart in playing and losing such amount as yours is one mistake I definitely will never make, I can’t start asking you how it all happened and what went wrong, but if you will be honest, there must be a little trace of greed.                                                                                                                                                                               

[Irvinn]

The fact is that the game industry is developing at a very high pace today, because the society of players is filled not only with the elderly, but also with the younger generation.  Today, even video games become gambling, where you can bet, as certain tournaments are held.  In addition, with the help of an online casino, through the application Even schoolchildren from their smartphones are trying to earn some money by playing gambling.  If the gambling audience increases, then cash funds immediately increase.

[nikola22]

today Esports is a big business with well-known companies acting as sponsors. that's why we can see prize pools over millions of dollars.

[RivAngE]

In my country, the most famous sport is soccer / football, yet I never get myself to like it.
I find eSports on the other hand more entertaining and interesting. There's also a lot of variety!

[rodel caling]

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.

It's very possible because esports become popular than to regular if talking all about money matter how to earn huge using esports.
Esport online games it's gibving more surprise for all esports gambling fanatics we know the online technology is continue to improves.

[jakelyson]

snip
More like in the 8 digits. I was quite shocked when I first saw it on TV, that they are giving away these millions for a "sport" that people play sitting down.

Esports is a real business now. Team owners are spending lots of money on their players' training and development. Players are paid with salary and all, just like how sports athletes are treated. And with prize pool on tournaments growing so rapidly, more money will be spent to improve teams.

Amazing how supportive those people who are fond with e-sports that they can all give an amount of money by buying some item on the fund raising that can be the prize pool of any tournament.

Players do not just spend money. They also receive special/unique items in return that they can use in game. So if you are a player of a certain esports, it is also beneficial on your end to support the tournament like TI.

Also, the amount of bets is e-sports are all on a high value. Maybe because e-sports like DOTA or any other games is more exciting to watch or to bet because of its characters and the amount of excitement is large.

It is the same to me. If you are a fun of any sports, basketball, soccer, football, or any esports, it is always exciting to watch games or bet on your favorite teams.

[Devawnm367]

I figured it had a lot to do with the Skins and outfits from In-Game purchases. But that is crazy Epic Games is going to fund $100,000,000 towards fortnite Competitions this next year....

Also as far as Esports gaming becoming one of the largest and most viewed sports out there that is very possible. 30 years ago kids did not sit at home and stream fortnite. Now days anyone can do it. As video games upgrade and get more futuristic I think It may very well be a #1 in the gambling industry as well!!!