Cybersports and online casino gaming compete for popularity in the gaming industry. Read this comparison between the two.
Cybersport is growing every day. With an audience of over 500 million, it is safe to say the industry is a fast-paced, thriving market with high growth potential. This projection is backed up by Newzoo Experts Cybersport 2022 statistics that indicated the industry would generate $1.38 billion by the end of 2022, a significant difference from 2021’s $1.08 billion.
While this sports game is gaining popularity amongst gamers, it holds no light on online gambling level quiz. The casino industry has been present since the 17th century, introducing gamblers to the rich men’s game. Since the introduction of online casinos games in 1996, the online gambling market has grown in billions, with its worldwide 2022 revenue at a huge $231 billion, according to proven statistics from Statista.
The internet gambling market is booming, with millions of savvy gamblers raking in profits from playing games like slots, poker, and backgammon online. If you are a slots lover, you can visit slotsjudge.com for detailed reviews and analysis of slot games. These reviews will help punters make the most profitable choices.
You can also seek help from field professionals who can provide a quality guide on getting started and making a profit from casino games. A tipster and slot expert, Joe Booth is an excellent recommendation to follow. Here is a direct link to his profile, as he offers helpful strategies to build an amazing slot portfolio.
What is Cybersports?
Electronic sports, popularly known as Esports, is a gaming platform that allows gamers to compete against each other using video games. It is a form of competitive sport that mimics the real sport, with perfect 3D graphics, virtual reality specs, and lots more. It turns online gaming into a spectator sport with the addition of real live audiences, spectators, and live streaming.
There are many professional competitive gamers in the industry as it allows people to play online games to the best of their capacity with an eye-catching prize to take home. In 2021, The Russian Squad Team Spirit won a $10 million prize pool for Cybersport 2022 Dota 2’s International 10 tournament.
While it might be difficult to know if gamers prefer to play online casino or cybersport games, it is safe to say these internet gaming platforms are positively addicting.
What are Online Casinos?
Internet casinos are the electronic renditions of the classic brick-and-mortar gambling buildings. It describes playing and staking bets on games such as roulette, blackjack, and best free online slots on your PC or mobile devices.
These computerized digital games are terrific alternatives for gamblers who would rather enjoy their favorite games without going to a gambling house.
Since the introduction of online casino games to the internet in 1996, the industry has seen tremendous profits. If people frequented gambling houses even when they had to leave their homes, what about if they could play these games in the comfort of their homes? Now, almost all physical casino games can be played on the internet.
Comparisons Between Esports and Online Casino
These two industries have contributed immensely to the growth of the gaming market, generating millions in revenue. These are some points for comparing these two markets.
Many countries acknowledge Esports as a kind of sport. The International Esports Federation (IESF) currently has about 123 member nations, which means that people accept the sport globally. Esports Stadium Arlington, a 2,500 spectator-capacity stadium, has been built for video game tournaments.
Online casinos also boast intense global recognition. According to the World Gambling statistics, 4.2 billion people gamble at least once a year, and around 1.6 billion of those people gamble regularly, which is 26% of the world’s population.
Internet-based casinos are more accessible to gamers than Esports. Bettors can play real money games online from anywhere in the world. Anyone can be a seasoned punter if they follow the necessary strategies. However, it takes vigorous training and time investment to be a professional Esports player.
- Online Gambling is Old Business
For decades, the online gambling industry has been around, whereas competitive video gaming is a relatively new sport. People have been gambling since Venice’s II Rodoto in 1638. The industry is a deep-rooted business older in experience and revenue than Esports. Although, that might soon change with the fast-paced rate at which the spectator game moves.
- Easy Access to Prize Money
Like any other sports, professional Esports players go through arduous training, drills and exercise before they are qualified to play competitive games and contests in international tournaments.
With online casino games, you can play with just a click on your phone. You can become a professional at playing these games by doing extensive research on the necessary strategies and techniques. Some gamers also learn by experience; they do a trial and error to know what moves to avoid.
Of course, this can be done on gambling apps that accept cash rather than real money. Gamers win money from staking online faster than by competing in video games.
Which Industry is More Popular Amongst Gamers?
Presently, the online casino industry holds more popularity, players and revenue than Cybersports. Although, this could be because the latter is new. We believe that Esports might overtake the betting industry in popularity in the coming years.
However, before you decide whether online casino or cybersport is the more popular option, we advise that you partake in both forms of gaming to experience the two platforms. This should help you in making an informed decision on a preferred choice.
Millions of people visit the internet every day to play their favorite cybersport and casino games. Whether it is a professional tournament, card games, or sessions on the slots machines, the gaming industry offers gamers platforms to pursue their passion and make money.