Esports betting is a rapidly growing industry that is only going to continue to grow in popularity. In fact, it’s predicted that esports betting will be worth more than $1 billion by 2020. That’s a lot of money! So what does this mean for the future of esports betting? What trends are we likely to see in the coming years? In this blog post, we will take a look at some of the potential trends that could play out in the future of esports betting Malaysia. From new game formats to increasing regulation, read on to learn what you need to know about the future of esports betting Malaysia.
Esports betting Malaysia
Esports betting in Malaysia is becoming more popular with the rise of professional leagues and tournaments. With gambling laws that are relatively lenient when it comes to sports betting, esports betting is a great option for fans of these competitive games.
There are several platforms available where you can place bets on esports matches. The most popular sites are MyBet and eSports88, although there are others including Betsafe, Unibet, and Betfair. You can bet on individual matches or entire tournaments.
The minimum amount you can bet at MyBet and eSports88 is RM10 while the maximum is RM10000. You can also place fixed-odds or percentage-based bets. Fixed-odds bets offer a certain payout if your selected team wins, while percentage-based bets depend on how much money you stake relative to the total pot.
You don’t need to be a licensed gambler to place a bet on esports matches – just ensure that you have registered with the relevant site and made an account before placing any bets. There is no need to provide personal information such as your bank card number or PIN, and all deposits are processed through secure facilities.
Why Esports betting Malaysia is a Huge Trend
Esports betting is on the rise in Malaysia and it’s for good reason. The Malaysian esports market is expected to grow from $5 million this year to $30 million by 2020. This growth is thanks to a strong appetite for esports in the country, as well as the government’s support of the industry.
- Malaysia has been one of the earliest adopters of esports, sponsoring its own tournaments and even holding international competitions. This level of investment has paid off, with Malaysians taking home nearly half of all esports prize money in 2018.
- The biggest factors driving this growth are Malaysian gamers’ avid interest in newly-emerging genres such as MOBA and FPS, as well as their appetite for gambling. A recent survey showed that 94% of Malaysian gamers are interested in betting on esports matches, with 58% saying they would spend up to RM100 per match on odds.
- This enthusiasm is being matched by operators who are starting to offer betting services across a range of different games. There’s now even a dedicated esports betting platform, where fans can place bets on live matches or online tournaments. With so much money on the line, there’s never been a better time to get involved in esports betting Malaysia!
The Current State of Esports betting Malaysia
Malaysia has been a centre of esports betting activity for some time now. The country currently has the widest range of esports options available to bet on and it is home to some of Asia’s biggest and most successful esports organisations. This makes Malaysia a valuable target market for betting companies and they are already starting to capitalise on this.
In March, Unibet announced plans to set up a dedicated esports betting Malaysia. This will see the company become one of the leading providers of esports betting services in the country and will give punters access to a wide range of markets and odds. It is also expected that Unibet will work with local esports organisations to help promote their events and create better quality content for their fans.
This move by Unibet is indicative of the growing trend towards mainstreaming esports betting Malaysia. With more people coming to understand and appreciate the phenomenon, there is an increasing demand for content, tournaments and gambling services catering specifically to this fanbase. This suggests that Malaysian esports betting may be something that continues to grow in popularity over the next few years.
The Future of Esports betting in Malaysia
The future of esports betting in Malaysia is looking bright. In recent years, the industry has seen a rapid expansion and now dominates the global gambling market with revenues reaching $1.5 billion by 2020.
Esports betting is still relatively new in Malaysia, but it is already one of the most popular forms of gambling. The country’s competitive gamers are some of the best in the world, and they have helped to drive demand for esports betting.
Malaysian regulators are also supportive of the industry, with both the Malaysian Racing Authority and Malaysian Gaming Commission issuing licenses to various operators. This means that there are plenty of reputable operators offering fans a wide range of esports bets.
One big reason why esports betting Malaysia is so popular is because fans can place bets on any game – from traditional sports to video games – and win cash prizes. This makes it a great way for fans to enjoy their favourite games without having to spend money on expensive gear or subscriptions.
Some analysts predict that esports betting Malaysia become even more popular in Malaysia in the coming years as authorities continue to legalize and regulate the industry. Already, there are dozens of licensed operators offering bettors a variety of options for gaming wagers.
Bet on esports is growing in popularity all over the world, and Malaysia is no exception. There are a variety of reasons why this is the case, but one key factor is that people are starting to see the potential in esports as an investment opportunity. This means that betting companies are taking notice, and they’re starting to offer more and more opportunities for punters to make some serious profits. If you’re interested in getting involved in esports betting Malaysia, be sure to check out some of the bettors available online today.