It is not surprising that League of Legends, CS: GO, and Dota 2 are the kings of sports betting; they have all been at the forefront of the young company for a decade or more. However, an industry expert believes these competitive gaming titans will lose their foothold in the market in the years to come, in favor of new games and platforms.
Steven Salz, co-founder and CEO of Rivalry – the Canadian sports betting company currently valued at around $ 150 million, which plans to list on the Toronto Stock Exchange later this year – is making bold predictions for its industry, although a familiar face will continue to reap many benefits.
Salz explains that MDR, CS: GO, and Dota 2 currently account for over 90% of esports betting with his business – and, he suspects, “almost every bookmaker in the world” – but he believes Riot Games’ enduring success with League will transfer to its latest version, valiant, which “will claim a first place in the years to come”.
The CEO of Rivalry said the popularity of the first-person shooter 2020 continues to aggregate millions of players and viewers, and “the biggest esports organizations in the world are now presenting competitive rosters” to match. this huge increase in interest.
This is evident even for newcomers like Guild Esports, a team that has eschewed the current ‘big three’, instead focusing on competition in valiant alongside more traditional sports games, such as FIFA and inspired football Rocket league.
A lot of valiantThe predicted future success of is due to the existing network of its creator. “The events organized are hosted by Riot Games and attract a huge number of viewers,” said Salz. “Where a sport’s audience grows, whether esports or not, betting follows. This will inevitably result in a sports betting ecosystem around it.
However, valiant and today’s “big three” esports may face stiff competition from an ever-growing mobile gaming audience. More widespread.
“Our prediction is that in two to three years, the top five esports in the game will include at least two mobile esports titles,” continues Salz. “We see a significant opportunity in betting around mobile esports such as Mobile legends, Garena Free Fire, and PUBG. “
Rivalry CEO believes mobile games will break through because of two simple factors: distribution and access, especially in regions and countries where most gamers and fans don’t own a console or computer staff. “A lot of people in Asia, let’s say, can go to computer centers to play games,” he explains, “but they all have cell phones.
“In some places in Southeast Asia, you already have stadiums full of fans watching professional mobile esports. It’s inevitable, just considering the numbers at stake here, that a better mobile esports game becomes a top-notch betting opportunity. “
While Salz may not see esports betting matched with traditional sports betting, even baseball, hockey, and basketball can struggle to compete. He concludes: “On a dollar basis, the top three esports games will surpass all other individual sports – with the likely exception of soccer in Europe and soccer in the United States – over the next ten years. “