With so many new and advanced sports and betting options accessible today, there appears to be a lot of misunderstanding. One of these discussions centers on eSports and Fantasy Sports since, to those not familiar with the topic, the two look quite similar.
Esports and Fantasy Sports have risen to the top of the gaming industry and become incredibly lucrative for, well, over a decade now. The introduction of digitization helped both markets transcend original projections and achieve enormous levels of success. Who would not want to put some effort and cash into these, right?
Particularly important for worldwide sports aficionados, they are both thrilling. Yet, there is a pervasive misunderstanding that e-gaming (playing video games for real money) and eSports are interchangeable, and this misunderstanding frequently includes Fantasy Sports. Despite their similarities, the gameplay, rivalry, and structure of these two niches are very different. So, Fantasy Sports and eSports are fundamentally different from one another. Whose features win when comparing Fantasy Sports with eSports, then?
What Separates Fantasy Sports and eSports?
A kind of gaming in an environment of competition is what is meant by the term “eSports” (or electronic competitive gaming, referred to by the British Esports Association). This indicates that human-versus-human gaming, as opposed to human-versus-AI, is the focus of eSports. The popularity of eSports has grown significantly over the past several years, making it one of the sectors with the quickest rate of expansion; it is undoubtedly one of the 21st century’s fastest-growing sectors. The eSports industry, which is predicted to be worth close to $1 billion and climb by 60% by 2024, is unquestionably the next era of entertainment.
Esports competing is supported by an electronic system and frequently draws inspiration from professionally run multiplayer video games. Real-time strategy sports, fighting games, first-person shooters, and multiplayer online battle arena games are among the games frequently employed in the eSports industry. As we said, eSports is a multi-billion-dollar industry, and there are several worldwide competitions, such as the Evolution Championship Series and the League of Legends World Championship. Live broadcasts, cash prizes, and participant pay are all a component of eSports.
Fantasy Sports is another option. It has nothing to do with taking part in competitive sports, unlike real-life sports and eSports. As defined by CNN, Fantasy Sports is a computerized selection process that lets users pick a squad on the basis of real-world data, analysis, and research. In Fantasy Sports, the managers (one of which would be you) assemble their teams using actual players. The averages and game statistics of the real athletes are applied to the virtual games to provide expected results, adding a certain amount of realism to the game. Typically, users may sign up for either public or private leagues by visiting the appropriate site. The value of the players might increase or decrease depending on how well they perform but is based on their real-world value to begin with. The aim of your team is to outperform the teams of the other managers. Your success is dependent less on your selection abilities and more on uncontrollable outside variables. Simply said, unlike eSports, which is a talent-based competition, success in this type of gaming is dependent on external circumstances that are out of the player’s control.
Daily Fantasy Sports, or DFS for short, is a more well-liked subgenre of Fantasy Sports. Some of the greatest daily Fantasy Sports platforms, like DraftKings and its exclusivity agreement with ESPN, are worth millions of dollars.
Fantasy eSports Also Appears
Fantasy eSports is a sort of a sub-genre here. It is comparable to Fantasy Sports, except that your team is made up of pro eSports players rather than fantasy teams for sports like basketball and football.
Fantasy eSports and DFS share a lot of similarities. You score more points and make more money when your team performs well. However, leagues for Fantasy Sports and eSports go on for a whole season. DFS leagues are far more exciting because they often last just one day and can have a maximum duration of two to three days.
Do eSports and Fantasy Sports Differ in Any Other Ways?
Despite representing two of the most profitable sectors in existence right now, DFS (and Fantasy Sports in general) and eSports share a few very unique contrasts. For instance, selling in-game stuff, broadcasting the game, and running adverts are how the majority of money in the eSports sector is produced. The majority of the money that DFS companies generate comes from players paying to participate in tournaments and commissions on the prizes awarded.
The needed skills are the main distinction between Fantasy Sports, Daily Fantasy Sports, and eSports. DFS and Fantasy Sports both involve skills since you must manage your money while selecting the top players. But whether or not you receive points also heavily depends on luck. Even while some leagues do not charge a fee to participate, most players prefer those that do to be more exciting.
The other main distinction between Fantasy Sports and eSports is that the former is not totally grounded in a fictional universe, whereas the latter is. Players participate in an imaginary game with fictitious players in eSports. In Fantasy Sports, players participate in a game that is based on real-life athletes and statistics but is placed in a fictional universe. The amount of money made from each sort of these two sports varies as well. Advertisements that play during the game are the main source of income for eSports. Companies profit from Fantasy Sports because participants pay to participate and because a commission is paid on winnings.
Luck and Skills
Therefore, does this not equate Fantasy Sports, particularly DFS, to gambling? DFS is, in fact, a type of gambling. Esports, on the other hand, is entirely dependent on the player’s skills. There is no element of chance. Let us talk more about eSports skills.
Players compete in a series of gaming tournaments while playing competitive video games that are arranged into several leagues. In order to make eSports into a spectator sport, viewers are allowed to watch professional gamers compete against one another in a range of games on competitive video game networks and indoor venues (stadiums, halls, event centers, etc.). Competitors in eSports need a variety of skills, such as sharp perception, complex hand-eye coordination, and interpretative work. The development of these abilities has caused eSports to become professionally organized, with players needing considerable training to enhance their talents. Esports competitors spend many hours honing their skills, which are rewarded when/if they succeed.
Despite its popularity, eSports differs significantly from real-money gaming, often known as “iGaming”, which is the practice of placing bets online using real-world money on actual events. Internet-based games that are played for money are referred to as iGaming, and examples include online poker, bingo, casinos, sportsbooks, and lotteries. Even while iGaming and eSports are comparable, they are two fundamentally different enterprises.
Because esports is a virtual arena where rivalries are based on actual sports, Fantasy Sports and eSports are sometimes confused with one another. Fantasy Sports gaming’s main tenet is that it is a guess based on study and analysis, whereas eSports is a talent-based competition. The basic skill in Fantasy Sports is in the fact that as a virtual team manager, you are allowed to pick/draft players to join your club, much like in the real world, but they are also subject to a salary cap and you as a gamer have a certain amount of money at your disposal to do so. There will be a virtual match between two teams, and each side will autonomously select its members. However, since there are the same number of professional athletes to pick from, both teams can have nearly identical players.
When it pertains to its fan engagement, the DFS business has also recently been under intense scrutiny. The DFS behemoths, such as DraftKings and FanDuel, have just lately begun teaching their users those skills required to outperform other managers.
The Scenario for Betting
Real money is used in both Fantasy Sports betting and eSports betting, such as at the best Fantasy Football betting sites in 2023 here.
Fantasy Sports, however, is more frequently compared to gambling since participants’ chances of winning depend on both ability and luck. Players in eSports are frequently professionals who prepare for competition, and their success is strongly correlated with talent. As a result, wagering on the latter is more like wagering on a casino game due to the element of chance involved, while wagering on the former is more akin to wagering on actual sports due to the reliance on the athlete’s (or in this case, video game player’s) talent.
Future of Fantasy Sports and eSports
Fantasy Sports and eSports are both anticipated to continue expanding in appeal in the years to come, despite their distinctions. With plans to make documentaries, animated films, and actual movies based on eSports, the eSports business is poised to become even larger. With the introduction of eSports to continental sports events, such as the 2018 Asian Games and Asian Indoor & Martial Arts Games in 2021, where eSports had a demonstration title, eSports is also quickly gaining recognition as a sport.
However, the expansion of eSports and Fantasy Sports also prompts questions about the structural distinctions between eSports and real-money gaming. Concerns that the distinction between real-money gaming (i.e., gambling) and eSports may blur if not addressed have been raised by the expansion of digital entertainment and real-money gaming amid the COVID-19 lockdowns in 2020. To guarantee that these two businesses are properly controlled and safeguard both players and spectators, it is important to acknowledge the differences between them.
Finally, it should be noted that eSports and Fantasy Sports are two quickly expanding sectors with obvious distinctions. Fantasy Sports are dependent on analysis and research and rely on individual player stats and performance, but eSports is a competitive playing of video games that is divided into several leagues and needs ability and training. It will be fascinating to witness how these sectors influence sports and entertainment in the future as they expand and change.
What is the final verdict on eSports against Fantasy Sports? Pure talent versus gambling? You are to decide!