KYC - What is it and How Do Bookmakers Use it
KYC is an acronym used to refer to the ‘know your customer’ technologies used...
Want to know what makes the gambling market so lucrative? It keeps evolving! Who would have thought it was possible to bet on e-sports? A few years back, it was even hard to picture someone eking a living out of playing e-sports. Now, people are earning millions of dollars from doing what they love. Punters, too, are making a killing by betting on their favorite players and teams. So, if you would rather sit on the sidelines and still make money from your love of the game, we have a few games you might want to try.
Armenia is not that different from other countries when it comes to the shared love for e-sports. Some of its players have won tournaments and have raked in winnings by the millions of dollars. Edward Abgarian, for example, is a legend in the League of Legends. Others like Elina Danielian and Levon Aronian are known for their prowess in chess.
But which games attract the most attention in the gambling markets and how new technologies influnce the gambling industry?
This multiplayer video game features two times comprising five players on each side. Both teams must protect their base throughout the game. Each player must pick a character that must work with the others to ensure that the base remains protected. As the game ensues, the players gain points which are integral to defeating the opposing team. Whichever team destroys the other’s base wins.
This game features several modes. The most popular one requires one side’s champion to defeat the other by destroying its nexus. Sometimes, the champion from one side can be controlled by a computer. The gameplay follows players as they build on their experience and items, which lends strength to the champion in the game. This game is so popular that statistics estimate a good 100 million people play it each month.
CS: GO has become synonymous with the most popular e-sports in the world. It follows a first-person shooter narrative with two main teams- the terrorists and the counter-terrorists. Each team must work to eliminate as many members of the other team as it can to reach its targets. The game takes on a practical approach, with the terrorists holding people hostage and planting bombs as they go. So, the counter-terrorists must defuse the bombs and save the hostages to gain points.
When this game was first released, it focused on the World War II era and featured a first-person shooter narrative. Over time, it evolved to cover modern and futuristic worlds, making it great gameplay for all people. Now, it even offers a multiplayer mode in the Black Ops 4 version. In it, players get to complete missions and test out the game's new features like predictive recoils.
With two teams featuring six players on each side, this game is quite interesting. Both teams get to select their preferred hero, with all 30 of the hero options boasting unique abilities. The aim is to work as a team to ensure that the hero remains protected and makes it across the map in as little time as possible. As the players move during the game, they earn rewards that can either be cosmetic or competitive.
StarCraft was an undeniably exciting video game. So, when the developers announced that there would be another version of the game that could run on multiple platforms, fans were in awe. The game takes place in the Milky Way Galaxy, with three races inching closer to the supremacy position. The multiplayer aspect makes this game even more exciting as different players get to work with each other towards a common goal.
This game has warmed its way into players’ hearts by borrowing from other franchises in Blizzard Entertainment. Players get to play with heroes from StarCraft, Overwatch, and even Warcraft. But of course, there’s a twist to the gameplay. Rather than the players earning individual points from their efforts, the teams go to the team. So, the players must work hard to build on everyone’s strength and emerge stronger after each level.
Other popular games include Hearthstone, King of Glory, Fortnite, World of Tanks, and Valorant.
Betting on e-sports is much easier than you may think. It shares similarities with traditional betting, and if you have engaged in the latter before, you will find it easy to navigate the odds and bet lines. The most common bet is the match-winner, where you bet on who you think will emerge the winner. How simple is that! But of course, it takes much more than this to place a winning bet. Before wagering, you must consider:
You will be ready to bet on a game and possibly emerge a victor when you have all the above points down to an art.
Are you ready to back your favorite team? You are in luck! Most of the popular international and most innovative bookies offer their services in Armenia, and you can easily open an account and start wagering on them. The best options include: Bet365, 1XBet, Betwinner, 22Bet, Betway, Betfair, and Winbet.
When choosing any bookie, ensure that you check the payment methods, the customer service availability, what previous customers have to say, capping on winnings, and the competitiveness in odds. Only then can you know that a bookie is right for you. Also, ensure that they have the licensing to offer services in Armenia to avoid any games with your hard-earned money.
The main takeaway with e-sports betting is that punters must also understand the game. If you do not know the gameplay, you will miss out on vital points and could end up wagering on a team that barely has a chance at winning. Being a fan is different from being a successful punter. One requires you to enjoy the gameplay, while the other requires you to study the gameplay critically. So, forget about the excitement and focus on the team you wish to back. Does it truly have what it takes to win?
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