In the modern world, there seems to be a lot of confusion with all the different types of new and evolved sports and betting types available. One of these debates surrounds eSports and fantasy sports, as the two seem remarkably similar to those unfamiliar with the subject matter.
ESports, also known as electronic sports, is a form of video gaming that takes place on a professional and competitive nature. The competition is facilitated by an electronic system, and is often based on organised multi-player video games. Popular games used in the eSports arena include real-time strategy sports, fighting sports, first-person shooter games, and multi-player online battle arena games.
ESports is a multi-million-dollar industry, and there are many international tournaments, including the League of Legends World Championship and the Evolution Championship Series. ESports comprises of live broadcasts, prize money, and salaries to people participating.
Defining Fantasy Sports
Fantasy sports is a form of gaming activity in which players put together a virtual team of real professional athletes to compete in a virtual league. The real athlete’s averages and game statistics are applied to the virtual games to result in likely outcomes, giving a certain real-life element to the virtual game.
Each athlete is also assigned a monetary value, which is based on their real-world value. Virtual teams can draft players to join their team, but, 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 draft its players independently. However, the stock of professional athletes to choose from is the same, and so both teams could comprise of similar or even exactly the same players.
The Major Differences
The major difference between eSports and fantasy sports is that eSports is based entirely on a fictional world while fantasy sports is not. In eSports, players engage in a game set in a fictional world with fictional players. In fantasy sports, players engage in a game set in a fictional world that draws upon real-life players and statistics. The revenue generated for each type of sports is also different. In eSports, revenue is earned primarily through advertisements that stream throughout the game. In fantasy sports, companies earn money as players pay to play and pay a commission on prize money.
The Betting Scenario
Both eSports betting like at https://esportsbettingaustralia.com.au/review/ladbrokes and fantasy betting involve real money. However, fantasy sports is more often likened to gambling as players’ winning depend both on skill and chance. In eSports, players are often professionals who train 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.