Oddin report highlights esports betting growth in 2024

The numbers are in, and the message is clear: 2024 was a breakout year for esports betting, according to Oddin.gg‘s latest industry review. 

While traditional sports betting continues to hold its ground, esports is rapidly closing the gap, fuelled by a new generation of digital-native punters and a calendar packed with high-stakes tournaments.

A report by esports betting services provider Oddin.gg, aimed at operators, paints a picture of a maturing market finally finding its stride.

The data from 2024 shows robust growth across key metrics, handle, user acquisition, and retention, all pointing to a sector that’s becoming a major force in global betting. What’s driving the action?

League of Legends, Counter-Strike, and Dota 2 remain esports betting’s heavy hitters, but emerging titles and regional tournaments are adding fresh fuel to the fire.

Counter-Strike 2 betting volume has grown by 99% YoY, whilst Dota 2 (90%) and League of Legends (61%) have also shown improvements in this metric. Notably, VALORANT has grown 175% YoY in betting volume, according to Oddin.gg.

One of the standout trends from the report is the rise of live, in-play betting. Today’s esports fans aren’t content to simply wager on match outcomes, they want to bet on every clutch play, every round and every upset.

Operators who’ve invested in real-time data and fast, flexible betting options are reaping the rewards, with engagement rates outpacing those seen in traditional sports.

Oddin also highlights the growing sophistication of esports bettors. No longer just casual gamers, this audience is hungry for advanced analytics, player stats and innovative bet types.

Operators who deliver deep, data-driven content are building loyalty and driving higher lifetime values.

Yet, the report doesn’t shy away from challenges. Regulatory uncertainty, match-fixing concerns, and the need for responsible gambling tools are all flagged as areas that require vigilance as the sector scales.

For industry insiders, the message is unmistakable: esports betting is no longer the future, it’s the now. Operators who move fast and invest in the right tech and partnerships will be the ones cashing in as the esports betting boom continues into 2025 and beyond.