Esports' origins may be traced back to the days some groups of friends threw LAN parties and played video games into the night. However, it has now evolved into a massive niche, with an established network of professional gaming leagues and tournaments. The rapid rise of online technology gave birth to esports betting websites; since then, it has grown better and better. Interestingly, it didn’t end there as we have seen how technology continues to transform the esports space.
The esports betting sector can't exist without technology, and you can have a glimpse of that when you click here. People cannot play online games or participate in global competitions unless they have access to the internet and smart gadgets. These are the industry's pillars generating billions of dollars in income.
That's why in this article, we take you through the technology behind esports betting websites. You'll get to know how they function and why some of their features continue to make esports betting a huge success.
Technology and Esports Betting
The eSports sector is worth nearly $1 billion, which is expected to increase in the future years. Due to the variety of tournaments available, the rewards get more valuable, leading to improved viewership. This makes the industry grow quickly because of the funds from viewers, players, and sponsors.
The emergence of electronic sports has been accelerated primarily by technological improvements and the need to make gadgets as handy as possible. Since establishing the initial sports betting platforms, the market has evolved and matured to reach its current heights.
Electronic gadgets are required for consumers to play and watch esports games; hence, it's no surprise that sophisticated technologies impact several sectors of esports business and research. Monitoring and safeguarding financial transactions, for instance, have been critical in the rise of esports. This security and supervision were accomplished because various industry practitioners sought answers in the latest technologies.
An excellent example is safeguarding withdrawal money from potential fraud or hacking to attract new investors and promote a more stable market. Blockchain technology secures transactions by preventing hacking that does not include the complete data chain. Other technologies, like cryptocurrency or smart contracts, also contribute to protection from fraud or hacking.
The Technology Driving Esports Betting Websites
Technology is significantly altering the world of esports. Below, we'll explore some technologies that have impacted the esports niche.
Mobile Gaming and Betting Technology
Esports gaming has been revolutionized by mobile gaming and betting technologies. Many gamers and bettors no longer visit traditional betting establishments to place wagers.
Instead, they bet on tablets, laptops, and mobile phones. Furthermore, the advent of gaming applications has significantly aided the rise of mobile gaming and the creation of more efficient esports betting platforms.
Mobile applications enable bettors to view various esports events live through web streaming while also placing in-play bets. They also give bettors the most recent tournament and match updates, team news, and statistics, allowing them to make more definitive predictions.
Smartphone Technology
Many gamers play games on their phones, so it's no surprise smartphone technology is the main contributor to esports technology. Esports gaming has become more accessible and convenient due to the latest smartphone technologies. Nowadays, more people than ever can own smartphones.
Furthermore, with each improvement in mobile device technology, bettors now have unlimited access to esports gaming websites. Owning an iOS, Android, Windows, or smartphone can place bets from anywhere worldwide.
Esport gaming platforms have been adjusted to be more mobile-friendly. This has enabled more users to access their accounts using mobile browsers. They have also developed applications for bet placing. These function similarly to websites but are more tailored to smartphone operating systems, resulting in a more user-friendly and smooth betting experience.
4G and 5G Connectivity
Esports gaming websites are heavily reliant on good internet connectivity. More individuals can now access steady internet, allowing them to live stream esports games and place timely wagers, thanks to the rapid expansion of 4G and the new 5G connection. It has also created ripples in the gaming business by making it more convenient for players to respond to game events.
Streaming Technology
Remote access to some of the top games on the market is provided via game-streaming services. You don’t have to be in a particular location to enjoy the games available there; all you need is access to streaming technology.
Each service operates slightly differently, but most use the latest streaming technology. Streaming technology is the bedrock of esports gaming and predictions. Most punters that place in-play bets know the value of good streaming technology.
Conclusion
Esports gaming owes its current popularity to the constant evolution of technology, and that is not surprising as many saw it coming. Every punter with a tablet or smartphone benefits from esports betting because of the technology behind the scenes. And with its continuing evolution, the electronic sports industry will only improve for spectators and gamers alike.