iGB looks at the key takeaways from Oddin.gg's latest esports betting report and the emerging narratives within the vertical.
Key learnings from Oddin.gg’s State of Esports Betting report:
Esports average bettor stake 7x higher than traditional sports
Betting volume grew a median of 31% YoY
€77 average stake at esports’ most important event
Live betting dominated vast majority of betting activity
Sophisticated betting markets are growing
Esports betting is a valuable but comparatively poorly understood vertical of the wider sports betting sector.
The phenomenon of watching esports events has long been popular but it accelerated in popularity significantly around the Covid-19 pandemic. It continues to attract a highly-engaged global audience both online and within physical arenas across the world. Top tournaments regularly manage to attract millions of concurrent viewers, according to data from Esports Charts.
However, tracking esports betting can be harder. One of the ma..