Dear @DtubeDaily on @Dtube #95 // eureka moment, byteball betting should totally be listing betting on e-sports tourneys!
i was sitting watch the CWL Call of Duty World Championships and realised that while it was on for the next three day it was a prime betting moment and byte ball is the perfect crypto platform to do it! :)
after digging around on twitter a bit and asking a few people i know who are connected with the community i found some names that are currently building out existing bots — i certainly feel that e-sports would bring a LOT of people to the byteball platform, especially with text bytes, maybe i should try and form a little team to see if we can build a MVP of it — i can totally see a bunch of gamers wanting to be in on that let alone existing platforms that already have and api and the tourney data.
I realise that it’s a hoop jumping exercise now for those ‘entrenched’ into their bot, their code, their ‘thing’ and maybe it’s time to dig deep and look into the code and the smart contracts things but sooner or later someone is gonna bring speedy betting to the e-sports world and it might as well as be on a blockchain that I really like and is incredibly speedy and that would (from my own perspective) have great adoption through simple onboarding and those textbyte simple sms sends! — you could airdrop a whole bunch of the top 10 gamers especially if you made a play for the top streamers across twitch, youtube, mixer and dlive (yes, gotta include the underdogs and up and comers!)
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Does it have to be real-time and does the book maker need to be some big entity?
Because the way Byteball sports betting bot works right now is that bet makers are similar users like bet takers. That's great because users who know more about betting can also do something like bet against some outcome (basically Lay bet) by providing better odds that currently are available. This is even more useful if there are bets with 3 odds (2 odds for win/lose and 1 for draw).
Also, the current betting is best suited for team sports, when the winner is either side of the team, so sports like Formula 1 or deathmatches, where there are multiple individuals who could become a winner of the match, are not great.
It doesn't mean that Byteball smart-contracts are limited to one-on-one (individual or team) based matches, but that's how it currently works. I think the reason could be that until you don't have tons of users, there is no point to have that kind of complexity because there wouldn't be enough volume for all sides.
Another great thing for sports betting is that there are tons of websites that just provide odds or chances for baseball and soccer matches, so anybody can check if the odds are fair. If there are far fewer eSports odds sites, behind the pay-wall and the audience is smaller than some soccer league then needs to become really popular because everybody who are into eSports are probably not into cryptocurrencies and betting.
I don't watch eSports and don't know any famous individuals or teams, but how many events would be there per week that are one-on-one (preferably teams)?
thanks for the information, i'll collect the information together but the main areas i'm looking at is the top 5/10 games worldwide in terms of concurrent gamers and then looking into the orgs of those games, leagues and squads/clans -- apart from the physical calendar events there is a lot more virtual weekly events, especially with epic/fortnite pumping $100 million into e-sports this year purely for competitions.
and yes, it would mainly be about teams -- either 4/5 a-side -- where there is an outcome, the other measurement is k/d -- the kill/death ratio, this is often used (as well as other attitributes) regarding how well a player (who has picked up for a team) might be 'slaying' out in a game, this data often helps a person get picked up for in another team and transfers happening each season (like football)
eSports is massive, and the match i watched last night at 130,000 people watching it at it's peak, and that's just one org (CWL) -- i'll do some compilations of data, links, orgs and the background knowledge i have on it, i need to do that anyway.