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In the last few years, Esports has become one of the most popular entertainment options in the world. Along with this, the craze of online gambling and sports betting has also increased. The connection of both the industries has also become strong, especially when the craze of skill-based games came. The name of one such skill game is Valorant, where not luck but the skill of the player decides the result of the game. For this reason Valorant betting has become quite popular.
Craze of Valorant Esports Betting in the Whole World
In today’s time the Esports betting industry is growing rapidly. Watching the game has become interesting not only for the players but also for the spectators. There are many people who also see a chance to earn money by betting.
As the number of players increases, the number of Valorant betting websites is also increasing in the market. For example, a list of top Valorant betting sites can be found on greenwall.gg. Hardcore fans place bets in every round of tournaments, and closely follow big events like championships.
The estimate for 2024 is that the revenue of the Esports betting market will reach $2.5 billion USD. And by 2028 this number could be $3.3 billion USD, with a 7.27% annual growth rate. The biggest role in this is played by the USA and China, which are top contributors to Esports and especially Valorant tournaments.
Why is Valorant so popular?
Valorant is a First Person Shooter (FPS) game made by Riot Games, who have also made popular games like League of Legends. This game was launched in 2020 only for PC users, but now there is news that it has also come on PlayStation and Xbox. After this, the number of its monthly active users reached 17-19 million.
The concept of the game is also unique. The storyline is of a near-future Earth, where a mysterious element “Radianite” changes the world. Players are divided into teams of Attackers and Defenders – one team attacks and the other defends. There are 5 vs 5 players in every match, and whoever wins the first 13 rounds wins the game.
Esports Betting got a boost from Valorant
When Valorant was launched, it created a stir on platforms like Twitch. It attracted 1.7 million viewers at the time of the Closed Beta launch itself. This hype proved to be quite beneficial for the betting market as well. Today, real money Valorant betting is available on many websites.
So far, more than 1300 Valorant tournaments have been held worldwide, and their total prize pool has reached almost $26 million USD. The biggest tournament is considered to be the Valorant Champions Tour (VCT). One of its events was Masters Madrid 2024, which was watched live by 3.1 million people.
Valorant Betting Tips for Beginners
If you are a beginner and want to try Valorant betting, then some basic things should be kept in mind:
- Understand the game well – gain complete knowledge about maps, agents, weapons, and rules.
- Choose only verified betting sites – so that your data is safe and betting is fair.
- Keep players’ stats and team leaderboards updated – because these make your betting decisions strong.
Conclusion: Valorant is just getting started
Valorant’s popularity continues to grow even in 2024. Riot Games launched a console version to bring the game to more people. Its tournaments are becoming quite popular, competitive, and money-making.
For people who like to watch esports and are interested in betting, Valorant is the perfect game. Its gameplay is engaging, the market is growing, and the betting options are safe and profitable. So if you also want to try Valorant betting, now is the right time.
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