Despite having stumbled, flopped and downright failed on multiple occasions the betting industry is still very much involved with the heart of esports. The industry is desperate to find the secret key for success and multiple companies are trying their hardest to win over players.
The problem comes however with scandals such as the wave of match fixing currently threatening the integrity of esports. That combined with the skin betting sites and other sites showing little to no care for the actual players is causing a rift between players, fans, and the betting sites.
One company, however, is pushing the boundaries of what is currently on offer within esports betting and is trying to develop a closer relationship between esports and betting, in a similar way to conventional sports.
Vie.GG is trying to develop a more ethical and fair option, what they’re doing isn’t new to the betting industry but shockingly enough the system hasn’t made its way to the esports betting side.
The system is simple in concept — rather than a player betting against the company, they are betting against other players (like a private pool bet between two people, otherwise known as an exchange). This may not seem like a drastic change but it essentially means that companies using this model don’t care about the outcome of the individual bets, they skim a small amount from each bet and the rest goes straight to the player who wins the bet.
In this system, sites such as Vie.GG don’t even set the odds or amounts, these are all left up to the players and their knowledge of the games they bet on. This makes it much easier for players to get a fair bet and more importantly with the right amount of knowledge in your chosen esport your potential to win is far greater than that of a traditional esports betting site.
This combined with the company’s approach to working with esports teams and creators directly all adds up to why players are leaving conventional betting sites and making the switch to this new (for esports betting) system.
It seems that the future for esports is very closely tied to the future of esports betting, with many of the top teams now being sponsored by esports betting sites. The test of time will now be to see how esports betting sites like Vie.gg shape the future and create a fairer and more competitive betting system.
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