As esports expands across new gaming titles and draws bigger audiences, the betting market is poised for significant growth, with more fans eager to stake their claims.
The esports betting market is projected to grow by $2.8 billion in 2025, according to stats site Statista. With a compound annual growth rate (CAGR) of 5.47 percent, the market is expected to reach $3.5 billion by 2029—assuming the growth rate holds steady.
Esports is one of the most accessible entertainment options available to every age group for free. Multiple big titles like League of Legends, Counter-Strike 2, and Dota 2 have consistently hosted tournaments with big prize pools, entertaining millions around the world. While monetization has been an issue that comes up frequently, the esports scene has been thriving with big stakes for the teams and thrilling moments for the fans.
In terms of viewership, mobile esports also has an equal share with the big PC titles. According to Esports Charts, the all-time viewership records for games include five mobile titles in its top 10 list, showing the growing prevalence of mobile games and the change in audience behaviour.
Several developers, like Riot Games, have embraced esports betting sponsorships and have defined guidelines for them to open more doors for revenue so teams can become sustainable in the long run.
Esports continues to evolve rapidly, and the betting market is emerging as a natural extension of engagement, offering new ways for fans to interact with their favorite games and tournaments.
