FanDuel becomes first online sportsbook to allow esports betting
Daily fantasy giant FanDuel is expanding its sports betting portfolio, becoming the first online sportsbook to allow legalized gambling on esports.
It's been a while since we've talked about betting and esports. So let's go back in time to June 2018. The Supreme Court had just ruled 7-2 to strike down the Professional and Amateur Sports Protection Act, thereby paving the way for legalized sports gambling on a state-by-state basis. New Jersey was already looking into making the leap, but noted that any legalized sports gaming would not include esports. Now let's travel to today, where it now looks like the door to esports gambling is about to finally open, courtesy of gaming site FanDuel.
Readers may recognize FanDuel by their ads for one-day fantasy football. You might have seen them air on TV a time or two hundred. Now they're set to make history as the first online sportsbook to offer esports betting. Bets are currently open for the League of Legends World Championship, with both G2 Esports and FunPlus Phoenix sitting at -110.
With MarketWatch predicting that the sports betting market would expand to $8 billion before 2025, FanDuel is looking to plant its flag in the growing esports market, which continues to draw in big money investors. While FanDuel is starting out with this weekend's big League of Legends championship game, the opportunities for day-to-day sports gambling look to grow by the day. With full-blown esports leagues like the Overwatch League and next year's Call of Duty League, as well as big-time championship events like the upcoming Capcom Cup and various Counter-Strike majors, FanDuel will have plenty of events to peddle to prospective esports gamblers in the future.
As of now, residents in the aforementioned New Jersey area can now log onto FanDuel and place their esports bets, so place your bets and remember to gamble responsibly. An earlier report had cited West Virginia, Indiana, and Pennsylvania as areas where residents could place esports bets, but a FanDuel representative has since stated that this is not the case at this time.
Ozzie Mejia posted a new article, FanDuel becomes first online sportsbook to allow esports betting
It was just the coolest news on the gambling market at that time. My journey was just getting started and in over 2.5 years in gambling, I had succeeded in trying the most I could in the online segment. It's super that in today's world we have so many choices that we decide to bet online, or play offline, go to a land-based casino, or play through a cell phone. Technology doesn't stand still, and the field of gambling is only expanding, and I believe the forecast by 2025 could be hundreds of percent higher than expected. I don't see anything bad in it as I never had any problem with self-control, I can stop in time, and if I'm not sure of myself then I play for minimal amounts/free games/in general I wait for a better day, mood and luck))
To be honest, sports betting and online casinos have given me a great community of friends of interest. Communicating with interesting, intelligent and fun people from all over the world was my dream. As for the choice of gambling, I prefer AussieBestCasinos, where at any time you can monitor the free review about top Australian online casinos, which I have been using since 2020, which is constantly updated, allowing me to always be aware of trends)