In the modern world, there seems to be a lot of confusion with all the different types of new and evolved sports and types of bets available. One of these debates revolves around esports and fantasy sports, as the two seem remarkably similar to those unfamiliar with the subject.
eSports, also known as electronic sports, are a form of video gaming that is professional and competitive in nature. Competition is facilitated by an electronic system and is often based on organized multiplayer video games. Popular games used in the field of esports include real-time strategy sports, fighting sports, first-person shooters, and multiplayer online battle arena games.
Esports is a multi-billion dollar industry and there are many international tournaments, including the League of Legends World Championship and the Evolution Championship Series. Esports is made up of live streams, prize money, and salaries for the people who participate.
Fantasy Sports Definition
Fantasy sports are a form of gaming activity in which players form a virtual team of real professional athletes to compete in a virtual league. Averages from real athletes and in-game statistics are applied to virtual games to generate probable results, bringing a certain real-life element to the virtual game.
Each athlete is also assigned a monetary value, which is based on their value in the real world. Virtual teams can recruit players to join their team, but, just like in the real world, they have a salary cap and limited funds available to help them build their fantasy team.
Two virtual teams will compete against each other and each team will select their players independently. However, the stock of professional athletes to choose from is the same, so both teams can be made up of similar or even exactly the same players.
The main differences
The main difference between esports and fantasy sports is that esports is completely based on a fictional world while fantasy sports is not. In eSports, players participate in a game set in a fictional world with fictional players. In fantasy sports, players participate in a game set in a fictional world that is based on real-life statistics and players. The income generated by each type of sport is also different. In eSports, revenue is mainly earned through advertisements that are broadcast throughout the game. In fantasy sports, companies make money as players pay to play and pay commission on prize money.
The betting scenario
Both eSports betting at ladbrokes, fantasy betting and viewing the latest FIFA World Cup odds involve real money. However, fantasy sports are more often compared to gambling, as players’ winnings depend on both skill and chance. In eSports, players are often professionals training to compete, and their performance is directly related to skill. Therefore, betting on the former is more like betting on a casino game as there is an element of chance involved, while betting on the former is more like betting on real sports as it depends on the skill of the athlete or , in this case, video game player