Apr 10, 2022
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by Trisha Charla
In a statistics report by Statista, the size of the market of the industry of online gambling worldwide in 2019 was valued at 58.9 billion and increased to 66.7 billion USD in 2020. In 2023, its market size is projected to go over 92.9 billion USD and will even double in the years to come. This is an indication that online gambling remains to swell in popularity among people across the globe.
Basically, online gambling is the virtual or digital version of traditional gambling like casino gambling and sports betting. Players get to play different casino games and/or bet on various sports/sporting events over the internet through web-based casinos and sports betting sites and platforms using any compatible electronic device, such as a PC, laptop, tablet and even a smartphone.
Sbobet – Online Sports Betting Made Easy, Secure and Fun
Sbobet is one of the leading and biggest online sportsbook or bookmaker in Asia offering its users an extensive variety of international sporting events and competitions to wager on including casino games. Being one of the top sportsbook company in Asia, sbobet not only provides its users with excellent betting odds but also other several thrilling products. Furthermore, members can also join their affiliate program where they are provided with exceedingly attractive margins and deals that are custom tailored to meet your needs. Because of that, sbobet is gaining popularity around the globe at a very fast rate.
Emasbet, for instance, is a trusted affiliate of sbobet. It is an online soccer gambling site in Indonesia that is complete as well as trustworthy. As one of the biggest in Indonesia, Emasbet prioritize the comfort and security of its members, providing them with ease of use, fair gameplay, 24-hour customer support, and a safe and secure deposit and withdrawal process.
The Growing Industry of eSports Betting
Aside from sports betting, the eSports gambling industry is also expanding on a global scale. Not long after the arrival of online video games wherein players or teams vie against the other, the idea of placing a bet on who will be victorious started to come into view. At present, betting on eSports is one of the hottest actions amongst individuals who love both video games as well as gambling.
Similar to sports betting, majority of eSports betting is rather straightforward, with bettors placing their wager on a player or a team who they believe will win the competitions. And again, also like sports betting, some bigger eSports present more fragmented odds which allows eSport bettors to bet on specific in-game actions including precise match scores, who will lose or gain life in-game, the first team/player to win a particular number of rounds and more.
The market size of the global eSports betting, as per a report that is from Market Insight Reports, is projected to reach 13.05 billion US dollars by 2025 from 7983.2 million US dollars back in 2019. Fan base of eSports also carries on to increase where competitive video gaming is most favored by eSports fans across the globe.