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Esports Attracts Investors As It Trends into 2021

Milagros C. Perry
December 30, 2020April 15, 2021 No Comments

The fact that esports has made it’s way into schools and has grown exponentially among teenagers and young adults over the years, is a guarantee that it will not be fading anytime soon. A major contributing factor to the upsurge in 2020, which is expected to continue into 2021 is the pandemic that forced students into more screen time than the norm. Investors are pumping large sums of money into the esports arena as well leading to major gambling, netting millions for some. The question are: Do parents need to be concerned or should they embrace this new or rather growing trend? Also, how financially viable is it, since so many people, especially male teenagers are engaging in esports? Will it affect school work negatively?You would be surprised to know that esports are not just entertaining, but can be a viable career; in fact scholarships are now being offered to top esports gamers. Here is a list of the benefits of esports as many sectors embrace this trend that is expected to take 2021 by storm.HOW POSITIVE IS ESPORTSThere was a time when anger, and violent competitiveness dominated the esport world. However, the sponsors along with the esports community, including game developers, platform suppliers and event promoters, are actively working to clean it up. It is clean to the point that High school teams are now being formed to compete in esports. The schools will create written codes of conduct to ensure the environment is conducive to students. One Swedish entity has already created one for its athletes; a code of conduct that has been widely embraced across the globe so far.ESPORTS EARNING POTENTIALA few esports athletes are raking it in. Really great players can get sponsored, and earn from YouTube videos or perhaps sign with teams. Fortnite aster player, “Ninja” Blevins allegedly makes half a million dollars monthly; and also the Dota two player Saahil”Universe” Arora easily earns millions per tournament. That figure does not include his league salary. Nonetheless, it’s super rare player who participates at that level. Also, the life length of a esports pro players is quite less than that of a professional football or baseball player. Professional Esports players last about 6 years and fall within the age range of 19 to 25.IS ESPORTS UNISEX?Unlike professional sports, esports doesn’t have bodily requirements aside from fast reflexes. Still, the number of make players far outnumber the females globally. You will find, however, an increasing number of professional female esports players, like the highest female earner, is a Canadian Sasha Hostyn. Esports operate all-female tournaments, and there are all-female Web squads. Sad to say, the earnings for female esports pros are far less than those of their male counterparts.SHOULD PARENTS BE CONCERNED ABOUT SCREENTIMEAbsolutely! However, it’s not more detrimental than any other doors requiring moderation. Everything has to be done with balance. The screen time esports needs is one of the biggest downsides. To become skillful, players need to put in upward lots of hours daily. Even expert players state the training regimen is unpleasant . If your kid chooses esports, you’ll want to be serious about principles for weekly screentime and on weekends. ESPORTS EDUCATIONAL BENEFITSKids can definitely obtain esports funding for college. The National Association of Collegiate Esports (NACE), has already given nearly 10 million towards esports scholarships and assistance over the past four years. Scores of colleges are involved in and they search for well-rounded kids. With that in mind, while students develop their esports skills, they also need to be heavily involved in other activities. If they don’t obtain a scholarship, then they could focus on competing globally.EQUIPMENT FOR ESPORTSYou will have to invest in the right equipment for esports. Some esports require consoles, such as a PS4 or an Xbox One, your kid already has the gear needed to play seriously. Otherwise, they will top notch gaming computers and accessories. Obviously, your aspiring player will require games, and you’ll need fast internet service. All told, a fully loaded gaming machine plus accessories will vary in cost and can be as low as $1,500 or as high as $4,000. However, you can view it as an investment in their career, especially if they are dedicated to esports. GAMBLING AND ESPORTSBetting is the single biggest opportunity in esports. It’s ability to earn seems endless at this point as esports continue to rise at a fast pace. Betting is one of the least encumbered by the video game writer…but it is among the least talked about. The current investment tide from esports has been mostly concentrated on the most visible resources in the area being esports organizations, influencer bureaus, and content/competition assets. I feel it’s important for men and women to know that verticals like betting are a massive area of the potential of esports today and that interest from the distance has skyrocketed. Very soon, it will no longer be from a distance as investors watch their competitors haul in big bucks from betting. It would appear that many people held back because there was no clear indication of whether esports would last or how big it would have grown. However, its amazing growth is attracting investors globally.As one of the fastest growing categories in online gaming, esports betting is on pace to reach nearly $10 billion USD in total wagers this year, equating to more than $600 million in earnings at an industry average margin of 7%. Growth estimates point to greater than $16 billion in yearly wagers in the next few years. This compares to an estimated $1 billion that was earned back in 2019 for the rest of esports.With those staggering numbers in play, it’s no wonder so many people are gravitating towards esports. Schools and parents alike are viewing it as a career, and investors are not shy about putting their money in the ring, or should we say in the arena? Either way, one thing is for sure, esport is on the way to outshining traditional sports at the rate it has been growing. People can either embrace it or drool from the sidelines.

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