Esports in the last two decades has become a billion-dollar industry. Globally, the total esports audience will grow to 495.0 million people in 2020, a year-on-year growth of +11.7% according to the market researcher – Newzoo.
If we look at the revenue streams it will surpass 1$ billion in 2020, and this forecast report was introduced before coronavirus pandemic that suspended global sports.
Just as any entertainment attracts money in different markets, so does Esports.
If we look at the betting exchanges popular Esports markets, liquidity seems to be very tempting:
What do all those numbers mean to you as a sports trader?
They mean nothing at the moment, at least for me!
What if there are no sports events this year? Can you imagine?
In these uncertain times, anything can happen. You as a trader have to expect unexpected!
So be prepared and if lockdown continues then start observing Esports market behavior.
