Edgeless casino expands with e-sports betting

The Edgeless team is currently testing the product’s beta version, which aims to reach the fast-growing e-sports gambling community.

“By entering the ambitious e-sports gambling industry, Edgeless targets e-sports fans across Asia and all over the world, giving them an opportunity to bet on their favorite teams. This will open up new audiences and marketing opportunities for Edgeless and we’re very excited about this. Additionally, this will provide Edgeless with a competitive advantage as e-sports betting is still a niche business, especially in the crypto gambling industry,” says Tomas Draksas, co-founder of Edgeless.

E-sports has become a billion-dollar global industry which is different from traditional sports in that tournaments and competitions are held all year round. According to Statista, last year worldwide, there were around 400 million e-sports viewers and half of them were frequent viewers. By 2022 these numbers are expected to reach 650 million and 300 million respectively.

Southeast Asia is the e-sports industry’s fastest-growing region, with more than 9.5 million enthusiasts, Newzoo research shows.

“Currently we’ve introduced the beta version of e-sports betting. Players can bet on events related to the most popular games, including Counter-Strike: Global Offensive, Dota 2, League of Legends and StarCraft 2. Our goal is to test out the pier-mutual betting concept where the odds are calculated depending on the overall betting pool for each event,” Draksas says.

During summer the team plans to gather feedback and make improvements. Once it gains more traction, Edgeless intends to offer house odds, side bets, handicaps, and all the other features the betting community has come to expect.

Edgeless also plans to launch sports betting in the upcoming months.

Edgeless in numbers

This year Edgeless demonstrates stable user growth. MoM growth since December is 912%. Edgeless now has 8 unique games on the platform as well as the E-sports Betting BETA version, making it a strong, competitive platform in the market.

Looking for your next crypto casino? Check out: Bitcasino, 1xBit or FortuneJack.

Written by Roman

Social

Roman is a big crypto enthusiast and a bigger sports fan, so crypto sports betting comes as a major interest for him. Has been involved with the gambling industry since 2017 and sees crypto as a major breakthrough for the payments side, specially beyond first world countries.

Similar News

Crypto.com partners with Coca-Cola for FIFA World Cup Qatar...

05/12/2022|16:00

Singapore-based crypto exchange Crypto.com has teamed up with Coca-Cola and digital artist GMUNK to create a series of NFTs celebrating...

Crypto.com suspends BNB Chain deposits

05/12/2022|15:25

Singapore-based cryptocurrency exchange Crypto.com has suspended access to BNB Chain deposits. The move includes suspending all BEP-20 tokens, BNB, BUSD,...