Esports Betting Market Share & Trends 2034

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This opens the door to unethical practices that can damage the integrity of competitions and betting markets alike. One of the most noticeable changes is the growth of live betting, in which odds shift in real time during a match, so bettors need to react instantly to in-game events. 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. In the fourth quarter of 2024, live in-match bets accounted for 46 percent of Counter-Strike bets and 28 percent of Valorant bets (Sharpr, 2025). This shows that a growing number of fans are becoming accustomed to live betting, enjoying the experience and instantaneous reactions that it provides.

Based on existing and predicted trends, the market has been divided into segments. The growing popularity of online games is expected to drive growth in the e-sports betting market. The rise of online games, fueled by technology advances and widespread internet access, is contributing to a growing audience for e-sports. The e-sports betting market is expected to maintain its strong growth trajectory in upcoming years.

E-Sports Market Overview

• It’s anticipated that eSports gambling will continue to increase, with projected revenue expected to reach as much as $2.5 billion in 2024.
• Growth in betting volume, more streamer-focused wagers, and rise of mobile esports.
• To wager with real money you must be physically present in a state where it’s permitted.
• The influx of investment from traditional sports organizations into the Global Esports Betting Market Industry signifies a convergence of interests.
• Stay tuned with all the most important and crucial news to the Counter-Strike scene.

These benefits are particularly appealing to the esports community, which is often early adopters of new technologies. AIXR reports that many esports enthusiasts prefer using cryptocurrencies for their transactions, leading to a growing number of betting platforms that accept crypto payments. This trend not only enhances the betting experience but also opens up the market to a global audience, transcending traditional banking limitations. In 2023, the global esports audience surpassed 500 million, a number expected to continue growing in the coming years. This surge in viewership has laid the foundation for esports betting, as fans seek to engage with the games they love on a deeper level. Whether it’s cheering on their favourite team or predicting the outcome of a match, esports betting offers fans a new way to experience the action.

On the other hand, eSports can actually be detrimental to both the physical and mental health of players, given the number of necessary sedentary hours in front of a screen. From a relatively niche activity twenty years ago, they’ve become a worldwide phenomenon, attracting millions in sponsorship and enormous audiences as they’ve done so. Econ Market Research understand customer needs and preferences so that companies can create products and services that satisfy those needs and preferences. The most important key figures provide you with a compact summary of the topic of “eSports market ” and take you straight to the corresponding statistics.

World Cup 2026: UN warns of illegal betting boom and match fixing risks

Known for being esports-first, GG.Bet focuses on live odds, high event coverage, and community involvement. Its strong presence during major tournaments has made it a favourite among esports fans. While countries like South Korea and the Philippines have massive esports fan bases and have recognized esports as an official sport, their laws on gambling are very strict. In the Philippines, licensed operators can offer services to international customers, but domestic betting is more restricted. States like New Jersey and Nevada allow esports betting, while others remain more restrictive. Canada has also taken steps to legalise single-event sports betting, including esports.

Unlock success with secure, user-friendly betting apps featuring real-time odds, analytics, and engaging features, expertly developed. Duelmasters applies these technologies to provide users with reliable and secure betting options. Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally.

As esports continues to captivate audiences worldwide, betting on these events is set to become an integral part of the gaming ecosystem, offering exciting opportunities for both bettors and the industry at large. New innovations are making the esports betting market more dynamic and appealing to both casual and experienced users. As seen in chess esports and the broader esports industry, technology is enhancing how fans interact with games.

Our organization helps in assisting 22bet app the clients to find the opportunities by examining the market across the globe coupled with providing economic statistics for each and every region. In secondary research, we gather data for global Market through white papers, case studies, blogs, reference customers, news, articles, press releases, white papers, and research studies. We also have our paid data applications which includes hoovers, Bloomberg business week, Avention, and others.

Despite its growing popularity, the esports betting market faces several serious challenges. Because esports appeals to a younger audience, there’s a higher risk of minors accessing betting platforms. 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.