Is it legal, how and where to bet?

Esports or electronic sports are becoming more and more popular with Americans, especially in New York, making them one of the most popular activities among young people. We explain all about the most popular laws and sports betting situations.

The growing trend in esports has led to the emergence of professional video game competitions, with tournaments and professional leagues that can be watched live on channels such as Twitch and YouTube. Gaming is a type of virtual sport that has a growing number of fans and enthusiasts. .

This trend, combined with the recent legalization of sports betting in states across the United States, has made esports a hugely profitable industry not only for the video game market, but also for online bookmakers.

Booming Market with High Revenues: Fourth-highest revenue city in the state.

For example, in 2019, the U.S. esports market approached $1 billion annually for the first time, +26.7% YoY growth.

Another recent study by Action Network found that New York ranks fourth after California, Texas and Pennsylvania as the state with the highest esports revenue ($8,351.36).

Although this virtual sport has yet to reach the level of sports leagues such as the NFL and NBA, the esports market in 2022 is estimated to be worth US$1.38 billion globally. And according to the following data, the industry market in 2025 is projected to reach USD 1.87 billion globally. politician.

What are the most popular games in the city?

For example, New York has hosted many esports events and tournaments at Madison Square Garden and the Barclays Center, which hosts one of the world’s largest annual tournaments, ESL One.

More and more professional gamers from all over the world flock to these events in New York to compete for cash prizes and make a name for themselves on digital channels. In addition, there are several game leagues in which teams compete against each other throughout the year.

New York’s most popular and professionally recognized games include League of Legends (LoL), Fornite, Call of Duty, Dota 2, Counter-Strike: Global Offensive (CS:GO), SMITE, Heroes of the Storm, Hearthstone, and Overwatch. Both host competitions, events and streamers in the city, allowing fans to enjoy fighting games like Super Smash Bros. to sports simulations like Madden NFL.

What are the esports regulations and laws: Can you bet on esports online in New York?

New York is a regulated esports state, and while certain rules and regulations apply, it is by no means illegal per se. However, while online esports betting is not yet fully legal, sports betting and daily fantasy sports are available in the state, and there are nine wagers. New York sportsbooks and sports betting apps that provide these services.

but. There are only four states where esports betting is fully legal: Nevada, New Jersey, Tennessee and West Virginia. what do you mean? If you want to bet on esports, going to a neighboring state is also a good option.

Which bookmakers in New York offer esports?

Fanduel and DraftKings are the only bookmakers and betting apps offering esports betting in the US and are available in New York. However, if in-state, the esports section probably isn’t available yet.

Therefore, we recommend that you download the app on your smartphone, create an account and go out of state to bet on esports located in New Jersey. Esports betting is legal after being approved by the New Jersey Division of Gaming Enforcement (NJDGE). , you don’t have to be a resident to enjoy it.

Please note, however, that the FanDuel eSports betting section is limited to offering only the League of Legends (LOL) tournament betting market. The LOL Market can be accessed through Fantasy Sportsbook.

Daily Fantasy Sports: The Perfect Alternative to eSports

DFS or fantasy sports are legal in every state where you can bet, so they are a good option if you miss out on betting on esports.

These are real competitive games (NFL, NBA, MLB, etc.) that require you to mix real players who don’t play for the same team or league franchise to create a virtual fictional team. To win, the team accumulates points according to statistics such as goals, assists and baskets, as each player’s performance in the actual event is considered.

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