Top 6 esports tournaments to bet on

If you’re planning to bet on esports tournaments, you should consider betting on the biggest esports tournaments in the world. The success of these tournaments is influenced by the success of the games themselves like League of Legends, Overwatch, and Dota 2.

Streaming platforms such as Twitch contribute to the growth of the esports industry. Such platforms enable fans to watch gaming sessions in real-time. Today, there are 7 million streamers that go live on Twitch on a monthly basis. The average number of their daily viewers amounts to 30 million.

Nobody is capable of ascertaining the exact details of the projected growth that the esports industry is going to achieve in the future. However, fans, experts, and bettors in the crypto gambling scene state the only way for the esports industry is up. This is evident in the amount of bettors in top betting communities like that of Gamdom’s.

The latest research and data prove this. Esports world tournaments and the esports industry itself will only ever grow in the coming years. To learn more about this, take a close look at the following statistics from Newzoo's latest Global Esports Market Report:

1. Esports is known to 23% of the world population (1.9 billion of 7.79 billion).

2. In 2020, the esports industry had $623.9m worth of sponsorship investments. This is a rise of 17.2% from 2019.

3. The estimated global population of esports enthusiasts amounts to 222.9 million.

4. The estimated global population of esports audiences amounts to 495 million.

5. There are 1209.6 million viewers for the 25 titles of live esports events.

6. The esports industry is set to generate a revenue of $1556.7 million by 2023.

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The following are the top 6 esports tournaments you should invest in. They are also considered as the biggest esports tournaments in the world.

League of Legends World Championship

The League of Legends (LoL) World Championship’s record of 78.8 million viewers at its last tournament makes it the world’s most watched eSport event. Riot Games host the LoL World Championship every October to November. Its prize pool amounts to $2.2 million excluding sales.

The tournament starts with a play-in stage composed of 12 teams. The top two teams are set to advance to the next round. Meanwhile, the group stage consists of 16 teams. The top 2 teams among said 16 teams advance on to the knockout stages as well.

Eight remaining teams who are able to pass the group stages are drawn into the elimination bracket. They will compete in best of 5 matches. They are granted the chance of winning the world championship worth $2.5 million.

Overwatch World Cup

Blizzard Entertainment hosts the Overwatch World Cup every November. The tournament was founded in 2016. It currently has a prize pool of $205,000.

The Overwatch World Cup begins with a preliminary stage. The top 5 countries will eventually move on to the group stages (Group A). They will be playing with the five highest-ranked countries from the preceding tournament (Group B).

Group A’s teams will compete against each other. The same will happen for Group B’s teams. The winners from each group will advance to the semi-finals, while the second and third placers will qualify for the quarterfinals. Eventually, everyone will compete in a single elimination.

Evolution Championship Series

Sony Interactive Entertainment and New Esports Venture produced the Evolution Championship Series. The tournament was founded way back in 1996 and has since then been held every August of the year. As of August 2021, its prize pool amounts to more than $200,000.

In the Evolution Championship Series, esports enthusiasts get to watch the largest and longest-running fighting game tournaments on the world stage. The series has a wide selection of titles:

• Street Fighter V: Arcade Edition
• Mortal Kombat 11
• Soulcalibur VI
• Super Smash Bros: Ultimate
• Tekken 7
   

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CS:GO Majors

Valve hosts the Counter-Strike: Global Offensive Major Championships (CS:GO Majors) every May and November. As of today, CS:GO Majors has a prize pool of $1,000,000.

The Major Championships’ audiences get to witness a 3-week long marathon. After this, the best players are crowned. 24 of the world's best teams compete against each other in their hope to be considered as the greatest country at the game.

The Fortnite World Cup

The Fortnite World Cup is held every July of the year. Epic Games hosts it annually at the Arthur Ashe Stadium in New York. The tournament’s prize pool amounts to $30,000,000. Its prize-pool for a solo competitor is considered as the largest one among all esports events, amounting to $3 million.

The Fortnite World Cup consists of various tournament modes. They are the Solo's, Duo's, Creative, and Pro-am. The Solo's and Duo's are played based on the standard elimination match. Meanwhile, the Pro-am is played in accordance with the Fortnite Battle Royale rules.

The International

The International is Dota 2's annual world championship tournament. It has the largest prize pool among all esports events, amounting to $34,00,000. 

The tournament is composed of 18 teams. 12 of the teams qualify through the Dota Pro Circuit, which is a 5v5 tournament format system. The winners are then invited to play in the official event.

The 6 remaining teams qualify through the Regional Qualifiers. They include teams representing the following: 

• China
• Southeast Asia
• North America
• South America
• Commonwealth of Independent States
• Europe
   

The International is a highlight event in the global esports scene, including esports bettors in the crypto gambling scene.

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Words: Hunny Laurente