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		<title>LOOT.BET OFFERS INTRIGUING INSIGHTS IN 2020 ESPORTS BETTING REVIEW</title>
		<link>https://ayo.news/2021/01/18/esports-betting-2020/</link>
					<comments>https://ayo.news/2021/01/18/esports-betting-2020/#respond</comments>
		
		<dc:creator><![CDATA[AYO News Staff]]></dc:creator>
		<pubDate>Mon, 18 Jan 2021 09:00:00 +0000</pubDate>
				<category><![CDATA[Esports]]></category>
		<category><![CDATA[2020]]></category>
		<category><![CDATA[counter strike global offensive]]></category>
		<category><![CDATA[CSGO]]></category>
		<category><![CDATA[esports betting]]></category>
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		<guid isPermaLink="false">https://ayo.news/2021/01/18/esports-betting-2020/</guid>

					<description><![CDATA[LOOT.BET has revealed key statistics from 2020, shedding light on the intriguing evolution of the esports betting sector through the pandemic.    Most Popular Titles The operator says that Counter-Strike: Global Offensive (CS:GO) was the most popular title to bet in in 2020, with the biggest win being €6,540, and the luckiest bettors coming from [&#8230;]]]></description>
										<content:encoded><![CDATA[<h2><span style="font-weight: 400;">LOOT.BET has revealed key statistics from 2020, shedding light on the intriguing evolution of the esports betting sector through the pandemic. </span></h2>
<p> </p>
<h2><b>Most Popular Titles</b></h2>
<p><span style="font-weight: 400;">The operator says that </span><i><span style="font-weight: 400;">Counter-Strike: Global Offensive</span></i><span style="font-weight: 400;"> (</span><i><span style="font-weight: 400;">CS:GO</span></i><span style="font-weight: 400;">) was the most popular title to bet in in 2020, with the biggest win being €6,540, and the luckiest bettors coming from Ukraine, Sweden, and Hungary. </span></p>
<p><span style="font-weight: 400;">Illustrating the popularity of </span><i><span style="font-weight: 400;">CS:GO</span></i><span style="font-weight: 400;"> at </span><a href="https://ayo.news/2020/04/15/covid19-changed-esports-betting-forever/"><span style="font-weight: 400;">LOOT.BET</span></a><span style="font-weight: 400;">, over 53% of all money wagered on esports was on the title, with </span><i><span style="font-weight: 400;">Dota 2</span></i><span style="font-weight: 400;"> taking second place with a 35% share, and </span><i><span style="font-weight: 400;">League of Legends </span></i><span style="font-weight: 400;">ranking a distant third with 7%. </span></p>
<p><span style="font-weight: 400;">Notably, </span><i><span style="font-weight: 400;">FIFA</span></i><span style="font-weight: 400;">, previously one of the most unpopular games to bet on, ranked 4th after enjoying a surge in popularity during the COVID-19 lockdowns, which saw the cancellation of the majority of real world sport. Newcomer </span><a href="https://ayo.news/2020/10/15/valorant-esports-2021/"><i><span style="font-weight: 400;">VALORANT</span></i></a> <span style="font-weight: 400;">also did well, ranking seventh, ahead of more established titles like </span><i><span style="font-weight: 400;">Overwatch </span></i><span style="font-weight: 400;">and </span><i><span style="font-weight: 400;">Rocket League</span></i><span style="font-weight: 400;">. </span></p>
<p><img decoding="async" alt="" class="alignnone wp-image-24143 size-large" height="616" loading="lazy" sizes="auto, (max-width: 740px) 100vw, 740px" src="https://ayo.news/wp-content/uploads/2021/01/LOOT.BET-2020-Stats_01-1024x853.jpg" width="740"/></p>
<p> </p>
<h2><b>Bet Sizes</b></h2>
<p><span style="font-weight: 400;">Despite </span><i><span style="font-weight: 400;">League of Legends</span></i><span style="font-weight: 400;"> ranking third in terms of overall money wagered with LOOT.BET, it took top spot when it came to average bet size, at €32.34, followed by </span><i><span style="font-weight: 400;">King of Glory</span></i><span style="font-weight: 400;"> at €30.65, and </span><i><span style="font-weight: 400;">Call of Duty</span></i><span style="font-weight: 400;"> at €27.20. Meanwhile, despite making up the bulk of total bets, the average sizes of individual bets for </span><i><span style="font-weight: 400;">CS:GO</span></i><span style="font-weight: 400;"> and </span><i><span style="font-weight: 400;">Dota 2 </span></i><span style="font-weight: 400;">were just €21.41 and €20.64, respectively. </span></p>
<p><span style="font-weight: 400;">In terms of the most popular esports events to bet on, LOOT.BET users wagered most money on </span><i><span style="font-weight: 400;">ESL One Road to Rio</span></i><span style="font-weight: 400;"> (CS:GO), </span><i><span style="font-weight: 400;">Epic League</span></i><span style="font-weight: 400;"> (Dota 2), and </span><i><span style="font-weight: 400;">Legends Pro League Summer</span></i><span style="font-weight: 400;"> (LoL). </span></p>
<p><img decoding="async" alt="" class="alignnone wp-image-24144 size-large" height="616" loading="lazy" sizes="auto, (max-width: 740px) 100vw, 740px" src="https://ayo.news/wp-content/uploads/2021/01/LOOT.BET-2020-Stats_02-1024x853.jpg" width="740"/></p>
<p> </p>
<h2><b>Favourite Teams</b></h2>
<p><span style="font-weight: 400;">The most popular teams among LOOT.BET customers were </span><i><span style="font-weight: 400;">Na’Vi </span></i><span style="font-weight: 400;">(CS:GO), </span><i><span style="font-weight: 400;">Team Nigma</span></i><span style="font-weight: 400;"> (Dota 2), and </span><a href="https://ayo.news/2020/12/03/red-bull-t1/"><i><span style="font-weight: 400;">T1</span></i></a><span style="font-weight: 400;"> (LoL). In terms of the teams attracting the biggest average bets, </span><i><span style="font-weight: 400;">Team Liquid</span></i><span style="font-weight: 400;"> took top spot for CS:GO, </span><i><span style="font-weight: 400;">Just Error</span></i><span style="font-weight: 400;"> for Dota 2, and </span><i><span style="font-weight: 400;">Victory Five</span></i><span style="font-weight: 400;"> for League of Legends. However, the highest individual bets in each title were claimed by </span><i><span style="font-weight: 400;">Heroic </span></i><span style="font-weight: 400;">(CS:GO), </span><i><span style="font-weight: 400;">Team Aster</span></i><span style="font-weight: 400;"> (Dota 2) and </span><i><span style="font-weight: 400;">DAMWON Gaming</span></i><span style="font-weight: 400;"> (LoL). </span></p>
<p><span style="font-weight: 400;">In terms of money won, </span><i><span style="font-weight: 400;">Sprout </span></i><span style="font-weight: 400;">led for CS:GO, </span><i><span style="font-weight: 400;">VP.Prodigy</span></i><span style="font-weight: 400;"> for Dota 2, and </span><i><span style="font-weight: 400;">FlyQuest </span></i><span style="font-weight: 400;">for League of Legends. Meanwhile, those that disappointed bettors the most were </span><i><span style="font-weight: 400;">Fnatic </span></i><span style="font-weight: 400;">for CS:GO, </span><i><span style="font-weight: 400;">Team Nigma</span></i><span style="font-weight: 400;"> for Dota 2, and </span><i><span style="font-weight: 400;">FunPlus Phoenix</span></i><span style="font-weight: 400;"> for League of Legends. </span></p>
<p><span style="font-weight: 400;">When it came to gain by profit for each EUR bet, the leaders were </span><i><span style="font-weight: 400;">Gambit </span></i><span style="font-weight: 400;">for CS:GO, </span><i><span style="font-weight: 400;">496 Gaming </span></i><span style="font-weight: 400;">for Dota 2, and </span><i><span style="font-weight: 400;">LDLC OL</span></i><span style="font-weight: 400;"> for League of Legends. While </span><i><span style="font-weight: 400;">Team Singularity </span></i><span style="font-weight: 400;">(CS:GO), </span><i><span style="font-weight: 400;">B8 </span></i><span style="font-weight: 400;">(Dota 2), and </span><a href="https://ayo.news/2021/01/14/aldi-team-vitality/"><i><span style="font-weight: 400;">Team Vitality</span></i></a> <span style="font-weight: 400;">(LoL) gave the most disappointing returns. </span></p>
<p><img decoding="async" alt="" class="alignnone wp-image-24142 size-large" height="616" loading="lazy" sizes="auto, (max-width: 740px) 100vw, 740px" src="https://ayo.news/wp-content/uploads/2021/01/LOOT.BET-2020-Stats_03-1024x853.jpg" width="740"/></p>
<p> </p>
<h2><b>Most Active Esports Bettors</b></h2>
<p><span style="font-weight: 400;">Interestingly, according to LOOT.BET, the luckiest bettors during 2020 were from Ukraine, Sweden, and Hungary, while those from Spain, Canada, and South Korea were unluckiest. </span></p>
<p><span style="font-weight: 400;">The most active, by average quantity of bets per person, were from Hungary, Japan, and Switzerland, while the least active hailed from Poland, Russia, and Ukraine. </span></p>
<p><span style="font-weight: 400;">The highest media odds were recorded in India, the Philippines, and Poland, while at the other end of the scale were Spain, Indonesia, and South Korea. </span></p>
<p><span style="font-weight: 400;">Despite many in-person esports events being cancelled, postponed, or scaled down due to the COVID-19 pandemic, LOOT.BET says that overall it saw a 67% increase in betting volumes, and active users surged by 58%. </span></p>
<p> </p>
<p><b>AYO.NEWS says:</b></p>
<p><b>Despite the rise in popularity of other titles, it seems CS:GO is going to hold on to the top spot for some time yet, at least among LOOT.BET’s customers – though given its trajectory so far, VALORANT could make significant gains in 2021. Depending on how the COVID crisis plays out, we could also see sim sports like FIFA enjoy another surge in popularity over the coming months. But, regardless of the details, one thing is clear; 2020 was a great year for esports as a whole, and esports betting is continuing to gain momentum. </b></p>
<p> </p>
<p> </p>
<p> </p>
<h6><span style="font-weight: 400;">‘AYO.NEWS says’ features the opinion of the author and does not necessarily reflect the views of Pentagon Digital Limited or its affiliates or associates. </span></h6>
<h6><span style="font-weight: 400;">All original content featured on this site is © Pentagon Digital Limited, 2019-2021.</span></h6>
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		<title>SPORTS BETTING IN PENNSYLVANIA 1 YEAR ON: HANDLE HITS $1 BILLION AS ONLINE POWERS GROWTH</title>
		<link>https://ayo.news/2019/12/18/sports-betting-in-pennsylvania-1-year-on-handle-hits-1-billion-as-online-powers-growth/</link>
					<comments>https://ayo.news/2019/12/18/sports-betting-in-pennsylvania-1-year-on-handle-hits-1-billion-as-online-powers-growth/#respond</comments>
		
		<dc:creator><![CDATA[AYO News Staff]]></dc:creator>
		<pubDate>Wed, 18 Dec 2019 09:00:00 +0000</pubDate>
				<category><![CDATA[Opinion]]></category>
		<category><![CDATA[Sports Betting]]></category>
		<category><![CDATA[anniversary]]></category>
		<category><![CDATA[draftkings]]></category>
		<category><![CDATA[Dustin Gouker]]></category>
		<category><![CDATA[fanduel]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[handle]]></category>
		<category><![CDATA[Pennsylvania]]></category>
		<category><![CDATA[revenue]]></category>
		<category><![CDATA[Unibet]]></category>
		<category><![CDATA[wagers]]></category>
		<guid isPermaLink="false">https://ayo.news/2019/12/18/sports-betting-in-pennsylvania-1-year-on-handle-hits-1-billion-as-online-powers-growth/</guid>

					<description><![CDATA[Pennsylvania’s lifetime sports betting handle hit $1 billion as the state’s sportsbooks celebrated the industry’s first birthday last month. According to figures from PlayPennsylvania.com, FanDuel still dominates the growing sports betting scene in the state, despite stiff competition from the recently launched online offerings of DraftKings and Unibet (read more). Reflecting on the first year [&#8230;]]]></description>
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<h1>Pennsylvania’s lifetime sports betting handle hit $1 billion as the state’s sportsbooks celebrated the industry’s first birthday last month.</h1>
<p>According to figures from PlayPennsylvania.com, FanDuel still dominates the growing sports betting scene in the state, despite stiff competition from the recently launched online offerings of DraftKings and Unibet (read <a href="https://ayo.news/2019/11/18/kindred-launches-unibet-online-sportsbook-casino-in-pennsylvania/">more</a>).</p>
<p>Reflecting on the first year of sports betting in Pennsylvania, analyst Dustin Gouker said:</p>
<h4><em>“Pennsylvania has come a long way in a year. Plagued with relatively high gaming taxes and early hurdles to its online launch, Pennsylvania’s future as a legal sport betting jurisdiction was murky at the beginning. But despite the issues in its infancy, the state has proven to be attractive for operators and the market is truly beginning to flourish.”</em></h4>
<p><em> </em></p>
<p>According to official data, in November Pennsylvania’s sportsbooks accepted $316.5 million in wagers, a significant 31.2% increased on October’s $241.2 million (read <a href="https://ayo.news/2019/11/19/pennsylvania-gaming-revenue-up-11-to-283-7m-in-october/">more</a>). Those wagers generated $20.6 million in revenue, up slightly from October’s $19.1 million, and yielded $3.9 million in taxes for the state.</p>
<p>Putting things in perspective, back in November 2018, Pennsylvania’s first, and at the time only sportsbook, at the Hollywood Casino, generated $1.4 million in bets and $508,997 in gross revenue. Since then the state has grown to become the third-largest legal sports betting jurisdiction in the United States, after Nevada and neighbouring New Jersey (which accepted $562.2m in bets in November).</p>
<p>The state’s betting fortunes were boosted greatly in summer 2019, with the launch of online betting, and more operators have since entered the market, bringing the total to seven. Unsurprisingly, online sports betting is now dominating the market, generating 84.3% of the state’s November handle.</p>
<p>Commenting on this Gouker added:</p>
<h4><em>“Online sports betting has unquestionably been the key driver of the state’s growth. Not only has online betting grown to account for an overwhelming majority of the state’s handle, but it has also helped spur growth among retail sportsbooks. That is a pattern that we saw in New Jersey, too.”</em></h4>
<p> </p>
<p>For more information on the revenue generated by Pennsylvania sports betting, visit <a href="https://www.playpennsylvania.com/revenue/">https://www.playpennsylvania.com/revenue/</a>.</p>
<p> </p>
<p><strong>Staying with US sports betting, don’t miss <a href="https://ayo.news/2019/11/20/why-these-two-sportsbooks-continue-to-dominate-the-us-market/">WHY THESE TWO SPORTSBOOKS CONTINUE TO DOMINATE THE US MARKET</a>.</strong></p>
<p><strong> </strong></p>
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