The esports industry has witnessed rapid growth over the past few years. Though esports competitions and tournaments have been part of video games, these events are not popular until the late 2000s. Before esports tournaments and competitions are majorly between amateurs and fans, so it was not widely recognized.
However, things are no longer the same now has there been a surge in esports’ popularity as several game providers are actively involved in professional esports tournaments and events. Apart from coming up with the right strategy for the events, they offer financial funding.
As a result of sponsorship from different quarters and the too high number of viewers, the esports price pool is now reaching a whopping amount.
If you love to watch or bet on esports, this article is for you as it is designed to give you a clearer picture of the most prominent esports awards. You will get to learn more about the top prizes and tournaments in the world of esports betting.
We are not going to list the awards alone; you will be provided with some exciting details about this competition, their participants, as well as the rules of the games. Below are the top esports awards you need to know:
League of Legends World Championship 2017
With a total prize pool of $4, 949, 969, this one of the top awards in the esports. It was the 7th edition of the League of Legend World Championship. The event took place in different cities in China; some of the events are Wuhan, Beijing, Shanghai, and Guangzhou.
Furthermore, it started on September 23 till November 4. The event brought together the best teams worldwide. The prize pool of the event was initially a little above 2 million USD. It was later increased due to many viewers, and a lot of people turned out to buy the championship’s Aishe and Skins.
The tournament was adjudged as one of the best competitions in the LoL’s history due to its global attention, outstanding ceremonial performance, and lots more.
League of Legend World Championship 2016
This tournament was held between September 29 and October 29, 2016. It was held in the US, and the total prize pool was $5. 070, 000, which was slightly higher than that of 2017. The LoL World Championship 2016 matches were held in the US largest cities, including Los Angeles, San Francisco, New York, and Chicago.
Based on the placement region, sixteen teams were able to make it to the competition. As announced by the LoL developer, 40 percent of the prize pool will go to the winner, while the runner takes 15 percent.
The winner of the championship that year was the South Korean esports team SK Telecom T1. The team played 3:2 against Samsung Galaxy in a final series of best of five.
The winning team took home over $2million, while the second and third-place winners won $760, 500 and $380, 250 respectively.
League of Legends World Championship 2018
The LoL World Championship 2018 took place in South Korea with a total prize pool of $6,450,000, which is significantly higher than the prize pool of the previous year. The tournament started from October 1 to November 3; it was held across Korean cities of Incheon, Busan, Seoul, and Gwangju.
It will interest you to know that more than 90 million viewers watched the event’s opening ceremony. And over 200 viewers tuned in to watch the finals of the tournament. The 2018 LoL World Championship was the most-watched esports competition in history as it surpassed the Super Bowl viewership.
A team from China world the league in that year, the Invictus Gaming won $2, 418, 750, while the second-place winner, Fnatic, won $870, 750.
The International Dota 2 Championship 2014
Dota 2 is the most recognized esports game around the globe. Whether you are looking at tournament prize pool, social gathering, esports gambling, or playing, it is the unrivaled champion.
This tournament was the fourth edition of the Dota 2 competition, and it took place in Seattle, Washington. The 2014 international Dota 2 Championship started on July 8 and ended on July 21; Valve Corporation hosts the event, and a total of 18 teams took part in the tournament.
The winner of the tournament was the second Chinese team to win the competition. The winner, Forth International, took home a massive sum of $5, 028, 308. The runner up, Vici Gaming, received $1, 475, 700.
The International Dota 2 Championship 2015
Following the 2014 Dota 2 Championship’s tremendous success, the organizers rolled out a collection of game cosmetics for the 2015 tournament. This, combined with the large amount realized from viewership and sponsorships, led to a remarkable increase in prize pool, a whopping sum of $18, 429, 613, which also doubled as the previous price year’s prize pool.
The Seattle-based team, Evil Genius, emerged the winner of the competition from a total of 16 participants. The winner of the tournament ended up as the third runner up in the previous year. The team too away 36 percent of the prize pool, $6, 634, and 660. The team that came second earned a total of $2, 856, 590.
The International Dota 2 Championship 2016
The 2016 Dota Championship prize pool surpassed 20 million USD. It was held again in Seattle, and it started in June and ended in August.
Digital Chaos and Wings Gaming competed in the final match for the grand prize. The Wings Gaming won the competition and was awarded a sum of $9, 139, 000, while the runner up took home $3, 427, 126. Apart from the vast amount won by the team, they gained also gained popularity.
As evident from the information provided above, esports competitions and tournaments have witnessed a massive growth as lots of people have begun to develop an interest in the sports. Apart from the remarkable rise in viewership and the events also have many sponsorships, which reflects significantly in their price pools. As a result of its ever-expanding market, online casinos are now venturing into esports.