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Making Money From Video Games – Understanding Esports Betting And How To Win Big
2020 has been a turbulent sort of year, with almost every event in the worlds of sport and entertainment seeing either delays or outright cancellations. And with still no end on the horizon, plenty of companies and organizations are bracing themselves for more losses and disruptions heading into the opening months of 2021.
However, one community that has gone almost the complete opposite way is in the video game industry, and more specifically the competitive spheres of gaming (known as ‘Esports’ professionally).
The world of Esports has blurred the lines between entertainment and elite-level sports, and the numbers behind its growth are absolutely staggering. The video game industry is now worth more than the music and film scenes combined, and the Esports sector is set to hit the $1 billion mark by the opening of 2021.
With so much money running around the scene, here’s a brief overview of understanding wagering on Esports, and how you can get ahead of the curve and win big.
A Blossoming Scene
This explosion in popularity has led to plenty of gamers fulfilling their dreams of turning their passions into cash and making money from playing their favourite titles. Lucrative salaries and huge prize pools are the way the pro players make their fortunes, but there are of course other ways people can make their money without having to invest hundreds of hours into honing their skills.
The first thing about understanding ways to make money off of Esports, is understanding that ‘Esports’ is an umbrella term used to describe any title with a competitive scene. Just like how an individual cannot claim to be a master of wagering on a whole variety of sports, people who do well from Esports betting are the ones who know all the ins and outs of just one or two chosen titles.
Think of the term: ‘quality over quantity’.
The world of Esports is made by its events and competitions, with the more high profile and bigger tournaments naturally offering the best collection of odds and markets. Obviously, understanding which events are top-level and when they are happening is crucial to this; most Esports titles have a competitive scene that splits its tournaments into a tier ladder system of ranking. S-Tier and events are usually reserved for the premium events out there, whilst you’ll be hard-pressed to find many competitive markets for those tournaments down in the B and C-Tiers.
More and more platforms such as Liquidpedia and HLTV are being launched that help would-be fans keep track of the competitive calendars of each and every title, and give them a complete overview of each tournament’s ranking, prize pool, fixtures, standings, and results.
Variants Of Wagering
Much like real-world sports betting, there are a whole host of ways in which a player can begin wagering on their favorite video games and their competitive scenes. Because the competition is so fierce, sites such as Unikrn.com have to offer the most complete collection of markets that appeal to every user that find themselves landing on them.
Users are able to back their favorite teams, orgs or players in both match and season outrights, as well as following the action through dynamic live in-play odds.
The emergence of online live streaming on platforms such as Twitch TV have been instrumental in the growth of Esports’ appeal and popularity to both fans and would-be partners, and following the action right as it happens on such a platform allows for a better understanding of the latest odds as they shift, as well as offering a thrilling viewing experience.
Whilst traditional real-world sports find themselves battling greedy corporations and consistently hidden behind paywalls, Esports is readily accessible for anyone to follow.
On top of the traditional forms of wagering, which most are already familiar with, Esports has helped breathe new life into the betting world with more and more exotic markets that are specific to their respective titles. Betting on the number of rounds won, frags picked up, bombs planted or amount of maps played can all help to provide a unique spread betting element to a user’s experience, and certainly presents a potentially lucrative opportunity for fans of a game who are experienced and knowledgeable enough to know the ins and outs.
Again, understanding a game is one thing, however getting ahead of the curve and beating the markets requires a substantial amount of know-how on how the difference between picking a winner and those value bets that really stretch your winnings with value bets. Understanding the games’ metas, competitions and the subtle nuances of professional plays is the best way of ensuring you really clean up with your bets.
Of course, with anything in the wagering world, it’s always important to remember your limits, ensure everything you do is strictly for fun, and always check that any sites you bet with have all the structures in place to help support you.
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AGCO
AGCO Fines Great Canadian Casino Resort Toronto $350,000 for Serious Regulatory Violations Linked to Impromptu After-Party on Gaming Floor
The Alcohol and Gaming Commission of Ontario (AGCO) has issued monetary penalties totaling $350,000 against Great Canadian Casino Resort Toronto for multiple violations of provincial gaming standards. The penalties follow an impromptu after-party that was permitted to take place in the pre-dawn hours directly on the casino’s gaming floor.
On September 27, 2024, an electronic dance music event attended by thousands of people was hosted in the theatre adjacent to the casino at Great Canadian Casino Resort Toronto. The event was marked by widespread intoxication, disorderly behavior, and numerous criminal and medical incidents – both inside and outside the venue – including alleged assaults, drug overdoses, and acts of public indecency. Although paid duty officers were present, additional police and emergency services were required to manage the situation.
In the midst of this high-risk environment, casino management approved an unscheduled request by the performing artist to host an after-party on the active gaming floor. The artist and more than 400 guests were permitted onto the gaming floor where the artist was allowed to perform amidst operational table games and gaming machines – without any prior risk assessment or planning.
As a result, security personnel were unable to effectively control the casino floor, including witness reports that an attendee was seen climbing onto slot machines. Failure to maintain appropriate control compromises the security, safety, and integrity of the casino floor. Following the conclusion of the event, the operator failed to promptly report these incidents to the AGCO as required.
Based on the findings of its review, the AGCO’s Registrar has issued an Order of Monetary Penalty (OMP) totaling $350,000 against Great Canadian Casino Resort Toronto. These penalties address critical failures in their operations, incident reporting, employee training, and the management of disturbances.
A gaming operator served with an OMP has 15 days to appeal the Registrar’s decision to the Licence Appeal Tribunal (LAT), an adjudicative tribunal that is part of Tribunals Ontario and independent of the AGCO.
“Casino operators have a fundamental duty to control their gaming environment. Great Canadian Casino Resort Toronto’s lapses in this incident compromised the safety of patrons and the security and integrity of the gaming floor,” Dr. Karin Schnarr, Chief Executive Officer and Registrar of AGCO, said.
The post AGCO Fines Great Canadian Casino Resort Toronto $350,000 for Serious Regulatory Violations Linked to Impromptu After-Party on Gaming Floor appeared first on Gaming and Gambling Industry in the Americas.
International Game Technology PLC announced that its subsidiary, IGT Canada Solutions ULC (hereinafter “IGT”), signed an eight-year agreement with Atlantic Lottery to supply its IntelligenEVO video lottery central system technology across Atlantic Canada. The agreement includes the option for multiple extensions and positions the Atlantic Lottery to become the first World Lottery Association (WLA)-affiliated lottery operator to deploy IGT’s next-generation central management system in a game-to-system (G2S) distributed market.
“By leveraging IGT’s IntelligenEVO technology, Atlantic Lottery will power its video lottery network with the industry’s best-in-class central system and position itself to maximize future contributions to good causes. As an organization that prioritizes system security and exceptional player experiences, Atlantic Lottery believes that IGT’s IntelliegnEVO solution will help generate high player satisfaction and optimal network performance,” said Michael MacKinnon, Atlantic Lottery VP, Product.
“As a long-time supplier to Atlantic Lottery, IGT looks forward to helping the Lottery achieve its growth and player engagement goals with our leading-edge IntelligenEVO video lottery central system. IGT’s IntelligenEVO is a scalable technology for the WLA market that is backed by decades of experience and operator feedback, and maximizes the benefits of real-time data, cloud-based technologies and in-depth analytics,” said David Flinn, IGT SVP Canada, EMEA and LATAM, Gaming Sales.
With peak system security, network availability and responsible gaming functionalities, IntelligenEVO is a reliable, scalable solution that can meet the needs of today and in the future. The solution will accelerate time-to-market and enables the Atlantic Lottery to benefit from the system’s suite of player-focused functionality. The technology’s G2S and open API design optimizes data collection and delivery and will enable Atlantic Lottery to customize their program for evolving player needs.
The post IGT and Atlantic Lottery Sign Eight-Year Video Lottery Central System Technology Agreement appeared first on Gaming and Gambling Industry in the Americas.
NetGaming, a fast-growing online casino content supplier, is proud to announce its launch in Ontario with Rush Street Interactive, Inc., a leading online casino and sports betting company in the United States, Canada and Latin America. This strategic collaboration marks a significant milestone for NetGaming as it continues to expand its footprint across regulated North American markets.
As part of the launch, Ontario players on BetRivers can now enjoy a diverse portfolio of NetGaming titles, known for their high-quality graphics, immersive gameplay, and unique themes. Standout games such as Zeus’s Thunderbolt, Bison Gold, and Fireball Inferno are among the first to go live, with additional titles set to follow soon.
This partnership is just the beginning. NetGaming plans to extend its collaboration with Rush Street Interactive into Michigan, New Jersey, Pennsylvania, Delaware, and Mexico over the coming months.
Pallavi Deshmukh, CEO of NetGaming, commented: “We are thrilled to go live with Rush Street Interactive, a powerhouse operator with a strong presence and loyal player base. This launch marks a significant milestone in our
North American expansion strategy and underscores our commitment to delivering exceptional gaming experiences tailored to local player preferences across the region.”
Richard Schwartz, CEO of Rush Street Interactive, commented: “We are pleased to partner with NetGaming to bring innovative, premium games to our players in Ontario. This collaboration aligns with our strategy to offer world-class
entertainment through engaging, action-packed online casino games. We look forward to expanding this partnership into additional regulated markets in the months ahead.”
This strategic partnership highlights both companies’ dedication to providing high- quality, innovative, and responsible entertainment to players in regulated markets.
The post NetGaming Goes Live in Ontario with Rush Street Interactive via BetRivers Platform appeared first on Gaming and Gambling Industry in the Americas.
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