eSports Betting Market Report Global Forecast From 2025 To 2033
This trend highlights the growing appeal of eSports betting across a wider range of age groups beyond the traditionally younger audience. Global eSports Betting Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing eSports Betting Industry growth.
How Technology Is Transforming the Esports Betting Market
As esports betting grows, the risk of match-fixing and other integrity issues also increases. The relatively young and rapidly evolving nature of esports makes it vulnerable to manipulation and fraudulent activities. In traditional sports, match-fixing is heavily scrutinized and controlled, but the esports sector still lacks a standardized regulatory framework to prevent such incidents. This can tarnish the reputation of the esports betting market and cause concerns among bettors and investors. Ensuring the integrity of competitions is crucial for sustaining consumer trust and market growth. Without strong safeguards against fraud and match-fixing, the market’s credibility could be compromised, slowing its expansion.
While it shares similarities with traditional sports betting, esports betting differs in key ways. Games are constantly updated, and outcomes can be influenced by patches, character picks, or map selections. From mobile apps to in-game integrations, esports software solutions help operators deliver smooth betting experiences. The primary research phase involves the collection of data directly from sources in the market.
However, there is potential for growth as interest in esports games among the youth increases. Countries like South Africa are beginning to develop frameworks for esports betting, yet the major hurdle remains acceptance and integration of betting within local cultures. Growth in internet connectivity and mobile technology may usher in an era where this market finds its foothold. Europe is a key player in the Global E-sports Betting market thanks to its regulatory advancements and the popularity of esports across various countries. Nations such as the UK, Germany, and France have sophisticated betting systems in place, encouraging players to engage with esports events.
The region’s mature eSports infrastructure, large number of passionate gamers, and increasingly favorable regulatory environment for eSports betting contribute to its dominance. As eSports grow in market size and audience, it’s likely that more and more eSports offers will crop up from bookies, who are always looking to expand the range of sports their customers bet on. As with any other sport, if you come across a great eSports offer with a bookie, it’s worth seeing if you can take advantage of it through Matched Betting (for more information about Matched Betting, check out our full guide). The Covid-19 pandemic notably expedited the expansion of the worldwide e-sports betting industry by enhancing viewer involvement and participation, given the halt of conventional sporting events. AI-driven odds and user behaviour tracking are also helping platforms personalise the betting experience. Meanwhile, VR and AR technologies are being tested to offer immersive match-viewing environments.
The increased availability of online platforms, coupled with the rise in esports tournaments during the pandemic, provided a robust environment for the expansion of the esports betting market. However, the market also faced challenges, including regulatory uncertainties and concerns over the integrity of betting practices in a rapidly growing and relatively new sector. The rising adoption of digital and mobile platforms is significantly facilitating easier access to esports betting for consumers. The proliferation of smartphones, tablets, and internet connectivity has made it more convenient for users to engage in esports betting from virtually anywhere. Mobile betting apps and online platforms offer user-friendly interfaces, real-time updates, and a wide range of betting options, allowing consumers to place bets quickly and efficiently. This increased accessibility is attracting a broader audience to esports betting, as it eliminates the need for physical sportsbooks and enables bettors to participate in the market with greater ease.
Understanding this trend helps industry stakeholders make informed decisions, while equipping viewers and gamers with the tools to navigate an increasingly commercialized environment. These partnerships stretch across Europe, Southeast Asia, and North America, with some brands even securing exclusive rights to stream events or offer custom odds through their apps and platforms. As this cohort progresses in their careers and maintains their interest in eSports, they are likely to engage in betting with more disposable income, making them a significant segment of the market. The global eSports Betting market is valued at USD 1,078.35 million in 2024, growing at a CAGR of approximately 24.5% from 2024 to 2033.
Report Scope and E-Sports Betting Market Segmentation
The key players in the industry or markets are identified through extensive primary and secondary research. All percentage share splits, and breakdowns have been determined using secondary sources and verified through primary sources. Gathered information for market analysis, competitive landscape, growth trends, product development, and pricing trends is fed into the model and analyzed simultaneously. As online bookmakers move with the times and hope to oblige for esport and sport gambling inside their market, they are presenting offers and advancements across a scope of esports wagers. Such demands are expected to pose an opportunity for global esport and sport gambling market growth during the forecast period. The sports betting market is poised for growth due to increased e-sports viewership, legalisation trends, mobile and online platforms, cryptocurrency integration, and AI/VR tech advancements.
South Korea has a rich esports culture, with professional leagues and tournaments drawing in large audiences. Esports betting in this region benefits from the strong esports ecosystem and high internet penetration, although the legal landscape varies across countries. The E-sports betting market includes revenues earned by entities by providing services such as real-time betting, comprehensive coverage, marketing solutions, security, and compliance. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. Esports are becoming progressively widely held in recent years and nowadays can counterpart old-fashioned sports in terms of viewers, promoters, and organization.
- A bet put on a race or a game permits fans to demonstrate their insight into a game or to show their reliability to a specific group or contender.
- This demographic may have initially been less engaged with eSports but is gradually becoming more involved as eSports gains mainstream acceptance.
- Sports gambling are any type of wagering that involves placing a wager on the importance of a scheduled athletic event.
- The continent accounts for around 40% of global betting volume, with the U.S. alone generating approximately $825 million in wagers in 2024.
- These tools support live odds, mobile responsiveness, and data-driven features that enhance the betting experience for both users and operators.
Table Global eSports Betting Market Size by Type in 2024
Unlike traditional sports, esports often features fast-paced matches and continuous viewing opportunities. From the mental health impact of gambling accessibility to the risks surrounding match-fixing, several interconnected challenges are emerging. The following considerations highlight the broader implications these sponsorships may have for players, organizers, and the esports industry as a whole. Many viewers and even players are below the legal gambling age, making them especially vulnerable to targeted betting promotions. According to a study published on SpringerLink, 43 percent of surveyed young adults aged 18 to 25 reported having bet on a sports event, including esports, at least once.
From betting on League of Legends and CS2 to Arena of Valor and Mobile Legends, its esports section is packed. While smaller than some other welcome offers, it has some of the fairest wagering requirements. The esports environment, characterised by its prolonged screen time and intense emotional fluctuations, can amplify these risks. Many iGaming brands invest in grassroots marketing strategies that include affiliate programs for streamers and influencers with smaller followings. The growing volume of events also promotes regional inclusivity, allowing talent from less-represented areas to break into the scene. Amateurs and up-and-coming professionals gain more chances to compete and showcase their skills in a structured, visible environment.
Betway offers a broad selection of eSports games for betting, including CSGO, League of Legends, Dota 2, Overwatch, Hearthstone, World of Tanks, and Starcraft 2, providing a large number of betting markets for each title. Leading entities in the worldwide e-sports wagering sector, such as bookmakers and digital platforms, enable betting by providing a variety of wagering alternatives and maintaining secure transaction processes. Additionally, they improve the overall user experience by incorporating cutting-edge features, live streaming capabilities, and captivating promotions designed to attract and retain bettors. For instance, the rise of high-stakes tournaments like The International (Dota 2) and League of Legends World Championship created large betting volumes and global attention. The widespread use of streaming platforms like Twitch also made real-time engagement more accessible. Betting in sports has always been a fascinating part of the games weather it is in racing cars or ground sports or online gaming.
Beyond the welcome offer, the real appeal lies in Thunderpick’s ongoing contests and a loyalty system that ranks you up the more you play. Occasional giveaways tied to major events also pop up, especially during championship seasons. A stronghold for crypto esports bettors, Thunderpick feels like it was built by gamers, for gamers. Its streamlined layout and animated match tracking features make it an immersive platform that speaks directly to the esports community. Whether you’re tracking odds during a Twitch stream or wagering between rounds, the mostbet apk best platforms offer mobile experiences that don’t feel like a downgraded desktop version.
Bet365 is one of the largest betting operators globally, offering a comprehensive range of eSports betting options and leveraging its extensive experience in the betting industry. William Hill is another key player, known for its wide variety of betting markets and user-friendly platforms. Unikrn, a specialized eSports betting platform, focuses on innovation and community engagement, offering unique betting products and features tailored to eSports enthusiasts. The eSports betting market is segmented by platform into online and offline, with the online segment commanding a dominant share.
This elevated visibility can lead to increased followers, personal brand partnerships, and additional sponsorship opportunities outside the realm of betting. Additionally, the visibility of these sponsorships can sometimes blur the distinction between competitive integrity and financial incentive. As betting brands align themselves closely with esports organizations, questions about match-fixing and insider influence can emerge.
The expansion of media inclusion of sports and the assortment of data administrations accessible provide players with a feeling of control and certainty that urges them to bet. They continue wagering in any event, when they lose, putting misfortunes on misfortune or awful exhibitions by players, mentors, or officials. Latin America is emerging as a promising in the Global E-sports Betting market, fueled by a young demographic and a growing interest in gaming and esports. However, the region still encounters hurdles such as regulatory uncertainties and limited technological infrastructure. While esports betting is gaining traction, particularly in Brazil and Mexico, more development is needed to reach the levels seen in North America and Asia. Collaborative efforts with local gaming companies can potentially accelerate growth in this region.
Based on application; the market is divided into offline gambling and online gambling. The global COVID-19 pandemic has been unprecedented and staggering, with it experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.
The familiarity with the rules and format of sports games makes them accessible to a broader audience, including those who may not be avid gamers but are interested in sports betting. This crossover appeal significantly contributes to the growth of the sports games segment in the eSports betting market. The esports industry has seen explosive growth over the past decade, becoming a major global entertainment segment. The increasing number of esports tournaments, along with high-profile games like League of Legends, Fortnite, and Counter-Strike, has captivated millions of fans worldwide. As esports events become more mainstream, the fan base has significantly expanded, providing a larger audience for betting.
Sports betting operators, including traditional sportsbooks, have recognized the potential of the esports betting market and have expanded their offerings to include esports events. These operators provide the platforms for users to place bets, offering a broad range of betting options. Their involvement helps legitimize the market and integrates it into the wider gambling ecosystem, bringing more formalization and customer trust to the industry. The esports betting market is driven by a variety of platforms that cater to different user preferences.
Their partnerships with teams, streaming platforms, and game publishers reflect the growing popularity and commercial strength of competitive gaming. Device type segmentation in the eSports betting market includes desktop, mobile, and console. The desktop segment has traditionally been the backbone of online betting, offering a stable and robust platform for placing bets. Desktops provide the processing power and screen real estate necessary for a comprehensive betting experience, allowing users to monitor multiple games and betting markets simultaneously.