All you need to know about eSports

The ins and outs What is Esports?

Esports, short for electronic sports, is a form of competition where professional gamers battle either in teams or individually. Competitions take place in a multiplayer setting, and there's typically cash prizes awarded at the end of tournaments. Making money from playing video games used to mean hosting small get-togethers in a friend’s basement or at your local gaming lounge. But even if you won, the money wasn’t quite substantial enough to maintain a professional career. However, times have changed, and more gamers are using their talents to create lucrative business opportunities.

Before, making money from playing video games was much more mild. Friends would get together in a friend's basement or at their local gaming lounge. However, the winner never won nearly as much as players win at competitions nowadays. Gamers like Pewdiepie have passed millions of subscribers on YouTube. Live Streamer Tyler Blevins, professionally known as Ninja, grew a fanbase with the help of Twitch. Both players have earned millions on YouTube and Twitch alone. That's not to say, however, that finding success as a professional esports player comes easy. Finding success in gaming is just as difficult as making it pro in soccer, football, basketball, and other major sports. Esports has quickly become a billion dollar industry. Almost half of that revenue comes from sponsorships alone.

Like in traditional sports, esports has organizatons. These organizations have different teams that play different games. For example, Team SoloMid (abbreviated TSM), an American organization, has teams that play League of Legends, Overwatch, Dota 2, etc. Some of 2020's famous teams include Team Liquid, Cloud9, NRG esports, FaZe clan, SK Telecom T1, OpTic Gaming, and Evil Geniuses.

There are varying types of Esports tournaments today, which include:

  • First-person shooter (FPS) events like Call of Duty, Apex Legends, and Halo.
  • Multiplayer online battle arena (MOBA) events like League of Legends and Dota 2.
  • Fighter game events like Mortal Kombat and Super Smash Bros.
  • Sports game events like Madden and NBA2K.
  • Other events like card games and real-time strategies.

Esports would not have grown as much as it has without its loyal fans. Roughly 450 million people watch esports today, but that number is projected to sky rocket in the coming years. The Asian-Pacific region has always had a large presence in gaming so it is no surprise that they make up 57% of the esports audience. A traditionally male-heavy audience, things are starting to change. Women now make up more than 30% of today's audience