The betting industry has become more mainstream in recent decades, with online gambling experiencing a significant boom. This expansion, combined with the increased popularity of gaming, has elevated the eSports betting industry to one of the most promising growth areas for gambling in 2022. And, with the League of Legends World Championship 2022 starting this weekend, now is a great time to try your hand at eSports betting!
The Ascension of eSports Betting
The online gambling market is currently valued at $65 billion. However, that valuation is expected to rise to as much as $172 billion by 2030, with much of the growth coming from new market segments such as eSports.
According to recently released figures, the eSports betting industry is currently doubling every year. This is due to the convergence of two trends: the rise of online gambling and the growing popularity of gaming as a pastime.
While both industries have been steadily growing, pandemic-induced lifestyle changes, combined with technological advances, have been like rocket fuel to both online betting and gaming. Online gaming is now regarded as one of the world’s most popular pastimes, with professional eSports attracting over 270 million viewers last year.
Also Read: Esports World Cup Quarterfinals: League of Legends Betting Preview
The anticipation for the League of Legends World Championship 2022 is high.
One of the most anticipated esports events, the League of Legends World Championship 2022, is quickly approaching, providing an excellent opportunity for those new to the game to experiment with eSport betting. For years, the League of Legends World Championship has been one of the most popular eSports events in the world, so it’s simply unmissable for many fans. Especially since their Champion will be involved in the action.
The League of Legends World Championship drew over four million viewers at its peak last year! More than the previous two World Championships put together…
Best Bets for the 2022 League of Legends World Championship
There are some great bets to be made this weekend, whether you’re new to competitive LoL or you’ve already memorized the latest League of Legends patch notes:
Over/under on the match score Bookmakers that offer eSports odds will frequently have an over/under option for a match’s score. This is a great way to get started with eSports betting because it doesn’t require you to know specifics—you’re simply betting on whether you think a best-of-three match will last more or less than 2.5 games, for example.
The team will be the first to draw blood. Betting on which team will draw first blood is a good option for those who believe they have a good read on a team. This play has a significant impact on game flow and is one of the most crucial moments in a match.
Over/under match duration Punters can wager on how long they believe a match will last, similar to match scores. This is an excellent choice for beginning players.
The League of Legends World Championship 2022 begins on September 29, with a play-in round before the bracket stage begins on October 3 and 4. Enjoy!
