Other markets : Alternative trading markets - eSport

Any markets not covered in the other boards
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laurencestanley
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Wed Sep 21, 2016 12:40 pm

Thanks for that Dallas, feel free to lock this thread

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Dallas
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Wed Sep 21, 2016 12:50 pm

Probs easier to have the 3 threads merged to keep the conversation in same place

kerberus
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Wed Sep 21, 2016 1:15 pm

Totally agree Dallas. Spotted below the other day - where do you post it?
YouTuber Nepenthez charged over video game gambling site.
bbc.co.uk
http://www.bbc.co.uk/news/technology-37385555
Crossover between reality,virtuality,legality,advertising and experimentising????? or trialling. Or sumtin' like t'at (I t'ink)

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CLOWNSHOES
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Wed Sep 21, 2016 1:50 pm

kerberus wrote:Totally agree Dallas. Spotted below the other day - where do you post it?
YouTuber Nepenthez charged over video game gambling site.
bbc.co.uk
http://www.bbc.co.uk/news/technology-37385555
Crossover between reality,virtuality,legality,advertising and experimentising????? or trialling. Or sumtin' like t'at (I t'ink)

Wait, what exactly were they doing ? Article isnt very clear to me :|

kerberus
Posts: 366
Joined: Mon Aug 05, 2013 3:28 pm

Wed Sep 21, 2016 3:25 pm

The only bit that made sense to me was agreeing with Dallas and my gibberish. Maybe should have advertised as a #beta version with practice mode? Hence let's put this thread under one heading - dunno what Dallas wants to call it - but I can provide an excellent choice of swear words.

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laurencestanley
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Fri Nov 18, 2016 2:36 pm

CLOWNSHOES wrote:
kerberus wrote:Totally agree Dallas. Spotted below the other day - where do you post it?
YouTuber Nepenthez charged over video game gambling site.
bbc.co.uk
http://www.bbc.co.uk/news/technology-37385555
Crossover between reality,virtuality,legality,advertising and experimentising????? or trialling. Or sumtin' like t'at (I t'ink)

Wait, what exactly were they doing ? Article isnt very clear to me :|
That article isn't great so I'll try to summarise as best as I can in an ELI5 fashion:

The most popular "first person shooter/fps" eSport is a PC game called Counter-Strike. The idea is to kill all the opposing team or plant/defuse a bomb in specific areas. The guns used in game can be styled with "skins" which are basically just artwork on the guns. These "skins" can be bought directly from Steam (the gaming platform behind Counter-Strike) for real world money. They can also be traded between players. All of a sudden you have a completely unregulated currency.

On top of this, Steam has an API which developers can use to make interfaces for players to trade skins between each other. Skin gambing sites started to pop up all over the place (completely unregulated) where players can bet skins on casino table games and/or bet on pro eSports matches.

Sounds dodgy? It gets worse...

Video streamers like the one mentioned in the BBC article were broadcasting their gambling activities online for all ages to watch. There were some cases of these streamers actually OWNING the sites themselves but broadcasting as if they were new players.

"Hey, look at this cool site I've just found. I've just won $1000 worth of skins on it" etc... There were various flat-out denials of any financial ties to the companies despite some streamers actually being company owners.

It gets worse...

The casino table games (roulette etc) were operated using "provably fair" systems. Instead of using random number generators, all of the rolls were pre-determined.

And worse...

The video streamers had access to the pre-determined dice rolls and would bet big on camera to show big wins whilst encouraging others to sign up to their site.


All that aside, is anyone else betting on eSports (using regulated bookies!)? I noticed Betfair opened up some eSports markets for a day or two again this week but I don't think any money was matched.

Still, plenty of money to be made from the bookies who haven't even figured out how to suspend the markets at appropriate times yet! IEM Oakland 2016 final is this weekend and I'll definitely be watching/betting on that if family life allows!

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Dublin_Flyer
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Sat Nov 19, 2016 12:45 am

To add a bit to Laurencestanleys summary, in a way it's similar to the UltimateBet/Absolute Poker cheating scandal a few years ago. There was a superuser/God mode where one player could see all the other players cards and bet/bluff/fold accordingly. This wasn't just 5 quid buy-in tournaments, this was live cash games!
Potripper was one of the users of the superuser account, a quick google or youtube will show the footage of it.

Personally I wouldn't go near betting on eSports where players are competing remotely. Too many variables like players modifying game code on their pc or one having a higher spec pc than another etc.

Where the players are in 1 room on an identical shared system like Xbox or Playstation, then I'd consider it if it was something I had followed lately.

I watched some of the live streaming Fifa 15 tournaments a couple of years ago, there's generally a hierarchy and after watching a few games it's easy to spot the reckless/ultra safe/showboating players and reckon how they'll do further on in the knockouts, similar to predicting the group games and knock out stages of your regular football tournament.

I never heard about Nepenthez getting charged, he was actually one of the entertaining youtubers I watched. :roll:

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laurencestanley
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Wed Feb 15, 2017 11:27 am

Dreamhack Masters - Las Vegas starts tonight around 6pm. For those who are unaware, it's a major Counter-Strike: Global Offensive tournament with a prize pool of $450k. 16 of the top Counter-Strike teams will be playing. Although it's not the biggest prize pool for CS:GO (I think that's $1m or $1.5m, haven't had my coffee yet), it will be great to watch. The commentators are usually quite kind to new audiences and should explain what's going on if you've never seen a CS:GO tournament before.

Here's a site detailing the first game of the day. You'll find stats for both teams on here as well as links to watch the tournament for free (legally, might I add). Click on the team names for more detailed stats. You'll want to pay attention to each teams ability to play certain maps & the economy in-play (teams earn money to buy better weapons etc). The first team to win 16 rounds takes the game.

http://www.hltv.org/match/2307904-astra ... vegas-2017

Don't be put off by the fact there is 0 money in the exchange. Most big bookmakers will take large bets and have silly odds as as they still don't know how to price games in-play.

I guarantee it will be a more entertaining game than Bayern v Arsenal ;)

Laurence

P.S

The map that will be played is usually announced around 5 mins before the game. It makes a huge difference on the game outcome yet almost always, the bookies odds stay the same. Bon appetit!!!

Samo154
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Joined: Mon Dec 14, 2015 11:44 am

Wed Feb 15, 2017 1:25 pm

Working today but would be interested in looking at other big tournaments is there any other dates?

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laurencestanley
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Location: Manchester, UK
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Wed Feb 15, 2017 1:37 pm

Samo154 wrote:
Wed Feb 15, 2017 1:25 pm
Working today but would be interested in looking at other big tournaments is there any other dates?
The games tonight will be on until at least 4am tomorrow (Thursday) morning.

There are quite a few other tournaments currently running/upcoming listed here: http://www.hltv.org/events/upcoming/

The bigger the prize money, the better. Bookies will more likely have markets open and go in-play. IEM Katowice should be a great one starting March 1st.

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