The world of Esports has seen a huge growth in popularity both by viewers and players which has led to a huge increase in the prizes that are offered for winning a sports event. Esports basically consists of the combination of sporting events and gaming and there are now multiple tournaments all over the world that are enjoyed by millions. The high-profile nature of these events has led to some pretty desirable prizes being offered for those that are skilled enough players to win the tournament. However, now we may see an even bigger increase in the prizes as we see more and more people joining in to put their skills to the test and the companies must keep the events interesting by almost doubling the prize pools for the champions of Esports.
E-Sports Increased Popularity
It is said that the increased societal focus on Esports as a national sporting event is the main reason why the prizes are set to increase by such a huge amount, prior to the event’s popularity we would see pretty small prizes being offered to the winner or in some cases it would be that the winner would hold a national title without being offered a cash sum for their success. As the industry is seeming to boost so significantly it makes total sense that the hosting companies would increase the stakes so that a more substantial prize is being offered to the winners.
The increased stakes that have been put upon these games make them that much more entertaining to watch as a viewer as well as the increased pressure that is put onto the players. As Esports is becoming such a huge part of the mainstream sporting world in order to increase the number of viewers the companies have had to put extra incentives in place to keep the audience engaged as well as encouraging more players to give it a go and try to win the huge prize pool.
You may be wondering why the companies hosting these Esports events would increase the prize money so significantly as it will decrease the overall profits that they make. However this really isn’t the case as the growth in popularity has opened up new money-making opportunities to the companies running them, such as advertising at the events and hosting food and drink for the audience that is present. This industry has grown in such a way that there is so much money to be made that can help accommodate the higher prize money.
As the pressure is on so much more for the players who take part in Esports competition we have also seen an increase in the training methods used by gamers to help prepare them for the event, for example the use of boosting to help increase a gamers skill level. It is very well known that elo boosting is great if you have a busy schedule so that you can increase your gaming score with little effort.