7 min read
What esports betting actually is
Betting on competitive video gaming, the skin economy that preceded it, and why integrity is the hardest part.
Esports and novelty markets
Betting on competitive gaming, virtual sports, and the newer products that regulators have not yet classified consistently.
A steady stream of products arrives at the edge of gambling regulation: betting on competitive video gaming, simulated events generated by software, prediction markets, and in-game items with real-world value. The common feature is that each one reaches customers before the regulatory category it belongs in has been settled.