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November 10, 2023

Key Insights from Q3'23 Report: League of Legends Surpasses Football in Bets, Esports on the Rise

Liam Fletcher
Written byLiam FletcherWriter
Researched byHaruki NakamuraResearcher
Localised byPriya SharmaLocaliser

Key Insights

  • League of Legends had a 37% higher average bet compared to football
  • The top 5 sports by the number of bets were football, tennis, basketball, table tennis, and baseball
  • Counter-Strike and League of Legends were the most popular disciplines in cybersports
  • Dota 2 was the most profitable betting category
  • Esports tournaments increased in Q3, making cybersports a potential option during the low season of traditional summer sports
  • 80% of bets were placed via mobile devices, indicating a growing trend
  • Combo bets saw a gradual increase compared to the previous year
  • The number of bets and GGR increased significantly compared to the same period last year
  • SOFTSWISS Sportsbook obtained GLI-33 certification for new regulated markets

Conclusion

The Q3'23 report from SOFTSWISS Sportsbook reveals several key insights. League of Legends surpassed football in terms of average bets, highlighting the potential of esports. The top 5 sports by the number of bets remained consistent. Counter-Strike and League of Legends were the most popular disciplines in cybersports, while Dota 2 emerged as the most profitable category. The increase in esports tournaments during Q3 suggests that cybersports can be a viable option during the low season of traditional summer sports. Mobile betting also experienced significant growth, with 80% of bets placed via mobile devices. Combo bets saw a gradual increase, indicating a shift in player preferences. The overall performance of SOFTSWISS Sportsbook showed remarkable growth compared to the same period last year. The acquisition of GLI-33 certification opens up new opportunities in regulated markets. These insights demonstrate the dedication and innovation of the SOFTSWISS Sportsbook team.

Key Insights from Q3'23 Report: League of Legends Surpasses Football in Bets, Esports on the Rise

For more information, visit the SOFTSWISS Sportsbook team at Stand 2129 during SiGMA Europe in Malta on 14-16 November.

About the author
Haruki Nakamura
Haruki Nakamura

Haruki Nakamura, affectionately termed "DataSensei" within the Esports universe, is EsportRanker's resident data wizard. Seamlessly merging his love for Esports with his knack for research, he provides insights and analysis that propel the industry forward.

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