Even though the competitive gaming industry, often known as Esports, has been expanding rapidly in recent years. CGSO Esports is swiftly developing be a multi-billion dollar industry because of the yearly introduction of new games and competitions with increasing prize pools. Counter-Strike: Global Offensive is one of the most well-liked Esports games (CSGO). With $1 million prize pools or more for major events and millions of people daily watching counter-strike online. The Asia Pacific Video Game Championship (APAC), which has a prize fund of $232,000, is particularly popular in Asia.
CSGO Esports tournament and league:
The Electronic Sports League now recognizes three CSGO leagues due to the game’s immense popularity. the Intel Extreme Masters, the ESL Pro League, and the ESL One. These leagues host competitions with huge prize pools, which occasionally top $1 million. The top teams in each league are promoted to a higher tier under the ESL system, while the poorest teams are demoted to a lower category.
Australis from Denmark took first place in the most recent big competition, HLTV.org 2017, which featured a prize pool of $450,000 and a total prize of $250,000 for the winners. The OCA (Overseas Chinese Association) launched the WCA competition in 2016, with a prize pool of USD 559,000 and a USD 400,000 winning reward for the Chinese team. The 2017 victors, who again came from China, took home a sum of $200,000.
The popularity of CS: GO Esports has grown for a variety of reasons. The game is freely available to anybody with a Steam account for the primary reason that it is free to play. In contrast to other games like Dota 2 and League of Legends, which require players to buy the game before they can start playing, anybody who wants to participate in Esports competitions does not have to spend money on their pastime.
Moreover, CSGO Esports is a fantastic spectator sport because of its simplicity. In CSGO Esports, a newbie to Esports may quickly comprehend what is happening in a match, unlike other games with higher learning curves that require substantial expertise to understand all the minute aspects going on in a battle, like Dota 2 and League of Legends. Dota 2, as an illustration, offers more than 100 playable characters with various skills. One would require game expertise, which takes years to gain, to be able to witness all these heroes in action and comprehend what is happening.
How one can earn from CSGO Esports?
One of the most played Esports games worldwide is CSGO. The CSGO game’s creators, Valve, recently revealed a new model that may result in a significant rise in prize money.
A total of 24 teams will compete in the new “Eleague Major” competition, which will have a $1 million prize fund. The CSGO Esports sector is predicted to be valued at over $1.5 billion by 2020, with additional competitions like Dream hack and ELEAGUE and online leagues like ESL Pro League and ECS already giving large prize pools. This means that if athletes perform well in big competitions, they may earn almost $20 million a year.
This is a significant rise from the $6 million that was made in 2016, and it appears that CSGO Esports will continue to grow in the coming years. Hence, if you’re considering a career in CS: GO, esports may be a very good decision.
Increased Opportunities for Players
Players frequently need to be switched between teams or games in the fast-paced esports sector. Organizations may move their players around on various rosters as required, ensuring that the appropriate people are in the right locations at the right times.
This enables organizations to make the most of their resources and offers participants the ability to hone their talents in a variety of areas and take part in numerous leagues, games, and competitions. As a result, gamers have access to additional possibilities where they may demonstrate their abilities and earn greater exposure.
Via various rosters, organizations may also provide emerging talent with a chance to showcase their abilities. As a result, these players grow, which helps not just them but also the companies and the sector as a whole.
Sponsorship And Investment Prospects
Having several rosters has advantages for both players and organizations, in addition to rewards for players. Organizations may leverage their diverse rosters to compete in a variety of leagues and competitions, which increases the awareness of their brands and allows them to reach a larger audience and enter new markets.
The success that a company has in various Esports titles also shows its standing in the business, making them a desirable investment target for marketers. Having a strong foundation in many different fields also gives an organization extra credibility and confidence among businesses for their investments.
An organization might expect extra revenue sources from participating in many tournaments for various titles, including tournament earnings, sponsorship partnerships, and item sales. So, keeping various rosters enables a company to draw in new sponsors and investors, which is crucial for the industry’s continuous expansion and viability.
The Future of Esports
Esports’ popularity has brought new difficulties and issues, too. For instance, worries about player fatigue, addiction, and cheating have prompted concerns about the industry’s long-term viability. Despite these difficulties, esports appears to have a promising future. Esports is positioned to become one of the most interesting and lucrative enterprises in the world because of its enormous worldwide audience and quickly rising popularity. There has never been a better opportunity to get engaged in the world of esports, whether you’re a gamer, fan, or investor.
Esports News and Trends
The popularity of mobile gaming has become one of the major trends in esports at the moment. A new generation of gamers who prefer to play on their phones or tablets is drawn to mobile games like PUBG Mobile, Call of Duty Mobile, and Mobile Legends, which are growing in popularity. The rising importance of social media in esports is another trend. Fans of esports depend on websites like Twitch and YouTube to watch live streams, highlights, and interviews with their favourite athletes.
Moreover, esports are getting increasingly popular, with major sports leagues including
teams funding their esports competitions and teams. the NFL, the NBA, and
Those are just a few examples of sports leagues that have recently entered the esports scene.
Biggest Games in Esports
In the realm of esports, there are hundreds of games that are well-liked, but only a select few stand out as the most well-liked and competitive. Listed here are some of the most popular esports games:
League of Legends is a MOBA (multiplayer online battle arena) game that has long been a favourite among esports fans. League of Legends is a must-watch for any esports lover, with a sizable player population and a professional league that spans the world.
Since its introduction in 2012, the first-person shooter game CS: GO, often known as Counter-Strike: Global Offensive, has been a staple of esports. CS: GO is still one of the most played esports games today thanks to its fast-paced action and devoted fan base.
Dota 2: Another MOBA game, Dota 2 has a devoted fan base and competitive players that participate in international competitions. Dota 2 is a game that rewards talent and cooperation because of its enormous prize pools and intense action.
Since its debut in 2016, the team-based shooting game Overwatch has been a fan favourite. Overwatch is a game that emphasizes strategy and coordination and necessitates a high degree of skill and collaboration to win.
The Conclusion!!
We thus hope that the preceding overview of the CSGO Esports sector has given you a good idea of how much money you may earn by winning significant competitions. The time is now to start playing competitively in CSGO Esports since prize pools are constantly rising. Why not try it then? Hence, you might be shocked by how profitable an Esports career might be. Thanks for reading!