Esports is gaining quite a lot of popularity in India these days and has become a significant part of sports marketing in India.
Growth of esports in India
Rajan Navani, VC and MD, JetSynthesys stated that “esports as a category is driven by communities and that makes targeting all the easier for marketers”. It is the millennials and Gen Z audience that are driving the market.
If we go by the numbers “Statista states that in the financial year 2021, there were around 17 million viewers of esports in India, which is almost double of 2019. It is also estimated that in 2025, there would be around 85 million viewers of esports events on 20 different platforms making India one of the fastest growing markets for esports viewership.”
OTT players such as Voot, SonyLiv, JioTV, MX Player and Hotstar, are already streaming some of the biggest esports tournaments. The increase in the number of platforms will simply lead to the addition of more content and more ad time.
Rising popularity of betting on Esports
With the increasing viewership people's interest in esports betting has also multiplied. Esports betting is one of the new ways of recreation. People play 1000s of matches every day and it gets more exciting when the betting sites offer odds on every single aspect of the competitive play. Below are the types of bets placed on esports:
Real money bets
Real money bets are kind of an easy way of betting for people and are exactly like traditional sports betting. You just choose the event you are interested in, choose your market and match, and place your esports bet.
Fantasy bets
Fantasy betting on esports is similar to the fantasy sports bets for many traditional sports. It works in the same way where you first choose your players and/or esports teams based on how well you anticipate them performing. You earn points/cash for their esports performance in games, whether that’s winning a match or tournament or completing some predetermined goal.
Betting sites with esports bonuses in India
Several betting sites like Betway and 1XBet give you great offers to double your fun by wagering money and also help you navigate the maze of the esports ecosystem and place your first esports bet!
We will give you information about some of the best betting sites with bonuses on esports. This will help you navigate the maze of the esports ecosystem and help you place your first esports bet!
Betway
Betway is licensed and regulated by the Malta Gaming Authority. Betway is the best esports betting site for Indians because it supports Indian Rupees (INR) as a betting currency, has a world-class reputation as a safe and secure online betting destination and has special bonuses for esports betting in India. Betway often has the earliest markets and lowest odds for major and minor esports tournaments.
1XBET
1xBet is a popular betting site in India and offers thousands of daily odds on esports. While 1xBet does not have the reputation of some of the bigger names in world sports betting, they are one of our top esports betting for Indian Rupee deposits.
Bet365
Bet 365 is a well-known brand in India for not only normal sports but also esports betting. Bet365 has a huge amount of esports betting markets and sits comfortably among the top INR betting sites. Bet 365 is very popular not only for its low wagering requirements but also its sign up bonuses and promotions surrounding esports. They also have convenient deposit options such as Neteller and credit and debit cards.
Find out more for yourself about which are the best and safe to use betting sites with bonus on esports in India.
Is betting on esports legal in India?
Last but not least you must be wondering if it's legal to bet on esports in India and the answer is yes - esports betting sites are perfectly legal in India.
“There are no laws in India that prohibit the use of esports betting sites! Instead, states in India may enact their own laws and regulations. Some states have prohibited esports betting and online betting in general, but most states have not.”
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