Esports Betting

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Unlike betting on things like horse racing or football games, Esports bets are based on who will win professional video game competitions. This can be across both console and PC games.

What are Esports?

Over the last ten years the popularity of Esports has grown exponentially and is now a multi-million dollar industry. The top 10 most valuable Esports companies were worth more than $300 Million in 2020 compared to only 1 Esports company that was valued this much in 2018.

As time progresses, the divide between traditional and electronic sports is shrinking. Some of the most popular Esports are actually games that have been around for quite some time such as Dota 2 and Counter-Strike.

Many betting sites have failed to deliver on the Esports betting market and the passion that many young people have for Esports. Websites such as Twitch have seen the popularity of not only Esports, but also the players themselves. Fans can now watch their favourite players live, commentate on them and follow their progress and even their training routines on a daily basis.

Esports betting has changed dramatically over the years with some estimates predicting it will have a higher turnover than traditional sports such as football. In 2018 alone, there were more games being played professionally than ever before.

About Picklebet

Picklebet is a Brisbane based Australian Esports site! We give you access to the latest Esports tournaments around the world and spanning all the popular games including:

  • Counter Strike Global Offensive
  • Dota 2
  • Overwatch
  • League of Legends
  • StarCraft 2
  • Fifa
  • Rainbow Six
  • King of Glory

Why Choose Picklebet?

Picklebet was started by esport enthusiasts. The shared love our team has for all things video games drives our support for the esport scene. Some of these activities include sponsoring video game podcasts, engaging with tournaments and giving away prizes.

How do I place a bet on Esports?

All you need to do is sign up for an account, select a team, choose an amount to stake and place your bet to back a winner!

Common Questions about Esports Betting Include:

What is Esports Betting?

An esport bet is a type of sports bet where you predict the outcome of an esports match. It can be live betting, pre-match or in-play and it relies on the spectator’s keen eye for video games to see which team will win.

How do I place a bet?

All you need to do is sign up for an account, select your favourite team and choose how much cash you want to spend! Then simply go into our bets page and place your wager with Picklebet!

Do I have to register my own account to bet on Esports?

Yes. You can see more information about our registration here

Is there any limit to the amount of money I can spend on each bet?

Picklebet has a maximum liability we are willing to accept for bets on each market. You can learn more information here.

Why Aren’t There Many Esports Betting Sites?

The team at Picklebet noticed the lack of options available for Esports fans to place bets. This is why we have created Picklebet an Esports betting site tailored for gamers in Australia.

Do the Esports Change?

In the Esports world, there are many different games that people can bet on. There are Esports that have been around for close to a decade such as League of Legends (LOL), Counter Strike: Global Offensive (CS:GO), Dota and others that are more recent such as Fortnite Battle Royale. To make it easy to compare odds across all these games Picklebet has created a dedicated page for each game.

Can We Only Bet on Esports that are in Australia?

Picklebet gives you the ability to bet on Esports matches and tournaments from all over the world.

Who are the Main Esports Betting Markets?

The popularity and growth of Esports is being driven by the younger generations, who are typically digital natives born after 1995. These people have grown up in a time where video games weren’t just a pastime but rather an integral part of their lives.

Where does Esports prize money come from

Esports prize money comes from a variety of sources including:

  • Game publishers
  • Sponsors: The most common way for Esports to make prize money is through sponsorship deals.
  • Crowdfunding: Crowdfunding has been the fastest growing source of revenue in recent years.
  • Sponsored Broadcasts: Various streaming companies such as Twitch or Youtube may place a bid to get exclusive streaming rights to a tournament.
  • Game developers: Game Developers may also contribute by giving away in-game items as prizes

How Do Esport Players Make Money?

Many professional Esports players have to diversify their income in the pursuit of a professional career. Esports teams make a large portion of their income through sponsorships, prize money streaming and merchandise. This can include:

Sponsorships: These can range from advertising on team jerseys and player streams. Other types of sponsorship include providing gaming equipment, hardware, software, or other materials.

Coaching: Players may also receive income through coaching lessons.

Conventions: Appearances at events such as conventions has become a great way for an esports fan to show support for their favourite team.

Where Can I find the Best Esports Betting Information?

We offer a series of guides to different Esports. Our best recommendation is to become a fan of Esports first! The community is great, the competition is intense and best of all there is no off season.

Where does “Esports” originate? A Timeline of Esports Tournaments:

The term “Esports” (also known as eSports or e-Sports) is a portmanteau of the words “electronic sports”.

Competitive video gaming has been around since 1972 when Stanford University hosted an event called the Intergalactic Spacewar Olympics

Retro Gaming

The first international tournament for Esports was held in 1980. Atari sponsored Space Invaders Championship and held the first international video game competition in New York City.

The earliest known use of the word “Esports” was in 1987. Many people would be surprised to know that the term ‘eSports’ predate most of the modern gaming era.

Home Consoles

In the 1990s, video games became more popular and companies started sponsoring players. This included popular games such as Tetris and fighting games like Street Fighter.

Rise of The Internet

The first World Cyber Games was held in 2001 with participants from over 30 countries

Towards the end of 2000’s we saw Esports start to branch out into Genres. This gave rise to many popular genres including MOBAs. Popular first person shooters included Cod (Call of Duty) and Halo.

League of Legends

In 2013, League of Legends became the most popular Esport with 27 million viewers. Championships started taking place in stadium arenas.

Twitch Becomes Mainstream

In 2014, Twitch Plays Pokémon Debuted. An estimated 1.16 million people participated in a playthrough of Pokémon Red with the chat controlling the game. This was the biggest stream on Twitch at that point in time.

As technology advanced, so did Esports - in 2016, there were over 380 million viewers worldwide.

Battle Royale Anyone?

Towards the 2nd half of the 2010’s the Battle Royale genre rose to new heights with games such as Fortnite, PUBG, Apex: Battle Legends and even Tetris 99.

Esports Thrive while Traditional Sport Freezes

In 2020 and 2021, the Covid-19 Pandemic saw a spike in corporate sponsorships in Esports. As traditional sports were brought to a standstill around the world, companies like Honda to offer Esports sponsorships to games and tournaments.

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Author: Lee "Couple Sodi Pops" Jones
Lee "Couple Sodi Pops" Jones
Freelance Esports Writer
11 days
Author: Valle
Freelance Esports Writer
25 days
Author: Valle
Freelance Esports Writer
38 days