Esports betting has become increasingly popular in recent years, with the global esports betting market expected to be worth $17.2 billion by 2020 and Asia’s esports betting market alone estimated to exceed $1 billion by 2021. This blog post will explore some of the most interesting statistics about this rapidly growing industry, including its size and scope around the world as well as who is participating in it. We’ll also look at which games are driving growth for esports gambling and how legal regulations have impacted its development over time. Finally, we’ll discuss what these numbers mean for both players and operators looking to get involved in this exciting new sector of gaming entertainment.
This statistic is a testament to the explosive growth of esports gambling. It shows that the market has grown exponentially in just a few years, indicating that esports gambling is becoming increasingly popular. This is an important trend to note, as it could have a significant impact on the future of esports gambling.
The size of esports betting market in Asia alone is expected to exceed $1 billion by 2021.
This statistic is a testament to the immense potential of esports gambling in Asia. It highlights the fact that the market is growing rapidly and is expected to reach a staggering $1 billion in just a few years. This is a clear indication that esports gambling is becoming increasingly popular in the region and is likely to continue to grow in the future. This is an important statistic to consider when discussing the overall esports gambling landscape, as it shows the potential for growth in the region.
Esports Gambling Statistics Overview
In 2020, the number of esports betting enthusiasts is estimated to be between 20 million and 30 million around the globe.
This statistic is a powerful indicator of the immense growth of esports betting in recent years. It shows that the number of esports betting enthusiasts has skyrocketed, with an estimated 20-30 million people around the world now participating in this activity. This is a clear sign that esports betting is becoming increasingly popular, and that it is likely to continue to grow in the future.
According to a 2018 estimate by Narus Advisors, legal esports gambling in the U.S. will contribute to roughly $12.9 billion in total annual wagers by 2020.
This statistic is a powerful indicator of the potential of esports gambling in the U.S. It shows that the industry is growing rapidly and is expected to reach a staggering $12.9 billion in total annual wagers by 2020. This is a clear sign that esports gambling is becoming increasingly popular and is likely to continue to grow in the coming years. This statistic is an important piece of information for anyone interested in the esports gambling industry and provides a valuable insight into the potential of this rapidly growing sector.
Approximately 80% of all esports bets are made by players aged between 18-25 years.
This statistic is a telling indication of the popularity of esports gambling among the younger demographic. It highlights the fact that the majority of esports bets are being placed by those in the 18-25 age range, suggesting that this age group is particularly drawn to the activity. This is an important insight for anyone looking to understand the esports gambling market, as it provides a valuable insight into the preferences of the key demographic.
In 2021, the global esports gambling market is expected to generate around $1.81 billion in revenue.
This statistic is a powerful indicator of the potential of esports gambling. It shows that the market is growing rapidly and is expected to generate a significant amount of revenue in 2021. This is an important statistic for anyone interested in the esports gambling industry, as it provides insight into the potential of the market and the potential for growth. It also provides a benchmark for the industry, allowing investors and entrepreneurs to gauge the potential of the market and make informed decisions.
It’s estimated that by 2024, the global esports betting market will be worth $24.75 billion.
This statistic is a testament to the immense potential of the esports betting market. It shows that the industry is growing rapidly and is expected to reach a staggering $24.75 billion by 2024. This is a clear indication that esports gambling is becoming increasingly popular and is likely to continue to grow in the coming years.
League of Legends is the most popular game for esports betting, accounting for around 38% of total bets placed.
This statistic is a testament to the immense popularity of League of Legends in the world of esports betting. It shows that the game is the go-to choice for many bettors, making up a significant portion of the total bets placed. This highlights the importance of League of Legends in the esports gambling industry and serves as a reminder of its immense popularity.
Dota 2 follows League of Legends as the second most popular game for esports betting, with a 20% share of the market.
This statistic is a testament to the immense popularity of esports betting, with Dota 2 being the second most popular game for wagering. It highlights the growing demand for esports betting, and the potential for further growth in the industry. It also shows that esports betting is no longer a niche market, but a mainstream activity that is gaining traction with gamers and bettors alike.
In 2021, esports betting is predicted to surpass the number of bets placed on horse racing.
This statistic is a testament to the growing popularity of esports betting and the potential it has to become a major player in the gambling industry. It highlights the fact that esports betting is becoming increasingly popular and is likely to overtake traditional forms of gambling such as horse racing in the near future. This is an important statistic to consider when discussing the future of esports gambling and the potential it has to become a major source of revenue for the industry.
About 20% of all bets placed at traditional bookmakers are on esports events.
This statistic is a telling indication of the growing popularity of esports gambling. It shows that more and more people are placing bets on esports events, which is a clear sign that the esports gambling industry is on the rise. This statistic is a testament to the fact that esports gambling is becoming increasingly popular and is here to stay.
Esports betting revenue is predicted to triple from $2.2 billion in 2021 to $6.8 billion by 2024.
This statistic is a powerful indicator of the potential of Esports gambling. It shows that the industry is growing rapidly and is expected to continue to do so in the coming years. This means that Esports gambling is becoming increasingly popular and lucrative, and is likely to become an even bigger part of the gaming industry in the future. This statistic is an important piece of information for anyone interested in the Esports gambling industry, as it provides insight into the potential of the market.
In 2020, esports accounted for 1.4% of total legal gambling revenues worldwide.
This statistic is a testament to the growing popularity of esports gambling. It shows that esports gambling is becoming an increasingly important part of the global gambling industry, and that it is gaining traction with both casual and professional gamblers. This is an important indicator of the potential for esports gambling to become a major source of revenue for the gambling industry in the future.
New Jersey is the first U.S. state to offer legal esports betting starting from 2018.
This statistic is a game-changer for the esports gambling industry, as it marks the first time a U.S. state has officially sanctioned esports betting. It is a major milestone in the growth of esports gambling, and a sign that the industry is becoming increasingly accepted and legitimized. This is an important development for the esports gambling industry, as it opens up a new market and provides a legal framework for esports betting.
Among age groups, 21-35 year-olds had the highest involvement in esports betting at 45% in 2020.
This statistic is significant in the context of Esports Gambling Statistics as it highlights the age group that is most likely to engage in esports betting. It is important to note that the 21-35 year-old demographic is the most active in esports betting, as this age group is likely to have the most disposable income and the most interest in esports. This information can be used to inform marketing strategies and target the right audience for esports betting.
Conclusion
The global esports betting market is growing rapidly, with the size of the industry expected to exceed $17.2 billion by 2020 and reach over $24.75 billion by 2024. Asia alone is projected to have a total esports betting revenue of more than $1 billion in 2021, while Europe currently leads all continents in terms of overall esports gambling revenues estimated at around $468 million for 2021. The majority (80%) of bets placed on esports events come from players aged between 18-25 years old, and League of Legends remains the most popular game for wagering activities accounting for 38% share in total bets placed worldwide. With legal sportsbooks now available across multiple U.S states such as New Jersey, it’s likely that we will see even further growth within this sector over the coming years as more countries begin to regulate their markets accordingly and offer safe platforms where people can bet responsibly on competitive gaming tournaments or matches online without fear or worry about any potential risks associated with illegal offshore sites operating outside local laws & regulations governing these types of activities domestically
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