How to start an Esports betting business
How to start an Esports betting business
fatefully We assist our clients with the setup and maintenance of a licensed Esports betting business under a Curacao gambling license. If you are interested in an Esports gambling business, get in touch, we can help.
What is Esports?
Jamay Esports is a type of sporting competition using video games and often taking place as multiplayer competitions between individuals professionals and teams. In the 90s, Esports was played for fun by gamers and by the 2000s professionals stated participating in Esports as well. By the 2010s, streaming services such as Twitch and Youtibe popualarised Esports which started to gain the attention of the greater publics imagination.
Common Esports genres are multiplayer online battle arena (MOBA), first-person shooter (FPS), fighting, card, battle royale and real-time strategy (RTS) games.
You can find out more about Esports from Wikipedia.
Popular Esport franchises
Call of duty modern warfare (moba)
Call of Duty is a first-person shooter video game franchise published by Activision. Starting out in 2003, it first focused on games set in World War II. Today, the series has seen games set in the midst of the Cold War, futuristic worlds, and outer space.
Counter-Strike Global Offensive (CS GO)
Counter-Strike: Global Offensive is a multiplayer first-person shooter video game developed by Valve and Hidden Path Entertainment.
League of Legends (LOL)
League of Legends is a 2009 multiplayer online battle arena video game developed and published by Riot Games for Microsoft Windows and macOS.
Dota 2
Dota 2 is a multiplayer online battle arena video game developed and published by Valve.
Overwatch
Overwatch is a team-based multiplayer first-person shooter developed and published by Blizzard Entertainment.
Rainbow 6 Siege
Tom Clancy’s Rainbow Six Siege is an online tactical shooter video game developed by Ubisoft Montreal and published by Ubisoft.
What does it cost to start a licensed Esports white label betting business?
Setting up an Esports gambling business requires:
- Software
- Hardware
- Payment solutions
- Esports Betting feeds
Setting up the software will cost €15,000, data feeds €6,500 per month, gambling license €15,000 per year, Server €4,560 per annum and a 1% fee is levied on the total betting volume.
You can find a formal breakdown of costs here.
How long does it take to setup an Esports Business?
Expect to be up and running within 6 – 8 weeks. This assumes you will have all your paperwork in order.
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