Pinnacle raises stakes on e-sports markets

Pinnacle raises stakes on e-sports markets

Thursday, August 6, 2015 Totally Gaming
Pinnacle has taken more than one million e-sports bets on games such as DOTA 2

Pinnacle Sports wants to further establish itself as the market leader in e-sports wagering after raising its stake limits to a huge $100,000 (€91,750) for this week’s The International Defence of the Ancients (DOTA) 2 Championships 2015.

The final of the event – known as T15 – takes place in Seattle, US this Saturday with a prize pool of almost $19m.

Pinnacle – which has taken more than one million eSports bets in the last five years - says that the $100,000 limit is actually bigger than that on offer for English Premier League football and NFL American football markets.

“We don't see e-sports as niche or novelty, we consider it alongside our mainstream sports like soccer or basketball,” said Marco Blume, head of sportsbook at Pinnacle Sports. “So, given that status that The International, and e-sports in general now holds, we wanted to apply appropriate betting limits.”

Pinnacle Sports took its first e-sports bet in 2010 and has seen betting volume more than double every year since. It says that e-sports is now more popular than sports betting mainstays like golf or rugby.

T15 will be shown live through online channels YouTube, Twitch and WatchESPN, television networks in some regions and also at over 400 cinemas in the US.

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