Now that professional video gaming (eSports) has grown into the giant that many people predicted, the next challenge that awaits industries that revolve around the mega success of eSports is how to stay relevant and keep generating success. Professional video gaming continues to grow and evolve with the times, as do the markets around them, and it’s a healthy competition that allows innovation on all levels to flourish.
Arguably the most significant area of creativity and ingenuity resides in the gambling sector, where companies have picked up on this huge trend and growth in professional video gaming tournaments and onboarded new payment methods to enhance the customer experience and make their services even smoother.
Gambling companies like Thunderpick have been offering eSports markets for a long time. Even traditional sportsbooks now offer similar markets. However, Thunderpick hasn’t sat back and banked on the fact that they’re one of the first online sportsbooks to offer this market. They’ve now started hosting their own eSports tournaments with prize money paid directly in Bitcoin. You can find plenty of in-depth information about the World Championship tournament at https://thunderpick.io/world-championship/
However, today we’ll cover a few of the main points from this groundbreaking professional betting market and see what the impact could be across the entirety of the gambling industry. Could this innovative move from Thunderpick signal the beginning of a seismic change in how betting companies generate business and bring eSports gamblers to their site?
What Is The Thunderpick World Championship?
As one of the top names in cryptocurrency eSports betting, Thunderpick has boldly pieced together a Counter-Strike: Global Offensive (CSGO) tournament, where the winning team can get their hands on $600,000 in Bitcoin. Not only is this an innovative move regarding cryptocurrency, with very few professional tournaments offering the asset as a payment method, but Thunderpick is one of the first gambling companies to meet this intersection and team up with some of the most talented teams within the eSports industry.
By mirroring some of the immensely popular eSports tournaments and matches that have sold out stadiums throughout the last decade, Thunderpick has taken a proven working formula and added a new, innovative feature in Bitcoin. It isn’t just the winners and finalists who benefit from receiving a direct wallet-to-wallet transfer of Bitcoin. Still, if you prefer to gamble, you can use your digital assets to bet on the tournament’s outcome or individual outright games. Given that CSGO is one of the most popular eSports for gamers and professionals, it attracts a big market, so this big step from Thunderpick could be a gamble that genuinely pays off.
Could Other Companies Follow Suit?
There will be other gambling companies keeping a close eye on the success of the Thunderpick World Championships. Using Bitcoin is something that a growing number of sports betting companies are resorting to, but overall, they’re dwarfed within the market as a whole, with few expecting this trend to slow down. When analysts and economists survey how well the industry is doing, they look at it collectively, but they also boil down individual areas that are earmarked for potential growth.
Cryptocurrency sports betting and casinos are among the most interesting and potentially profitable avenues for companies to establish themselves. Although Thunderpick already has a sizeable and reputable operation, the Thunderpick World Championship’s success will enable them to springboard their brand to the next level. It could signal the beginning of a new era in digital gambling.
Final Thoughts
Counter-Strike is a good place to start for any eSports tournament. Not only does it have an excellent and reliable reputation, but it has been able to stay at the top of the eSports industry for over a decade. By bringing in new updates, maps, and skins and constantly re-assessing and developing the online game, millions of people have continued to stay loyal to the iconic Valve game.
Games that sit at the top of the mountain in eSports have identified that staying ahead with constant online updates is the most effective way to keep gamers interested. This is true for Dota 2 and League Of Legends, games consistently releasing new updates. However, secondary markets such as the betting leagues complimenting many of these games are proving to act as an excellent foundation to bring more viewers and interest.
If the CSGO tournament is a resounding success, Thunderpick will undoubtedly move into other successful eSports games. If the betting markets that underpin the tournaments generate more customers, then again, it’ll be something that the innovative company will explore more closely. The main concern is that people fail to get on board with cryptocurrency and Bitcoin, but this can change quickly. So the next few years will inevitably be interesting.
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