Video games are part of a multi-billion dollar industry with a massive youth population market base. Video games are one of the newest forms of online betting in the gambling industry, attracting many casual video game players into the betting market. The best video game betting sites offer a cutting edge gambling service where players can compete against each other for real money prizes.
The best video game betting sites provide players with a comprehensive system where challenges and tournaments can be created with real money prize pools. Other players can join existing tournaments by paying the entry fee. Each challenge and tournament has a set date and time indicating when players will compete against each other.
The result of the game or tournament is reported to the video game betting site by the players. The prize pool reward is held in an escrow account and is transferred to the verified winners account after the game or tournament has been played. Players can use their video game betting account to keep track of their wins, losses and the amount of money they have earned.
The first attribute to look for at the best video game betting site is a guide on how to use their service. Video game betting is quite new and it is recommended that video gamers read the sites rules before registering for an account. Expect the best video game betting sites to be based on a low monthly fee membership system.
One of the most important attributes of the best video game betting sites is the number of video game consoles it supports. The best video game betting sites will allow players to wager on games based on the following consoles:
To simplify the wagering process, the best video game betting sites let players display their Xbox Gamertag, Playstation Network ID and Nintendo Wii code on their betting account profile. This allows players to easily coordinate and play video game tournaments against each other. Players can also expect to take advantage of a text message notification system that will message all participating players before the gaming event is about to begin.
The best video game betting sites offer modern banking methods. Players will be able to fund their video game wagering account with a major credit card, debit card or PayPal account. There are no deposit fees at the best video game betting sites but third party financial services may still charge their own fee for transactions.
As interest in video game wagering grows, expect to find more video game betting sites to choose from. The best video game betting sites will feature a simplified wagering process, allowing video game players to register for an account, deposit money, enter a gaming tournament and play for real money prize pools. The best part about video game betting sites is that they support the latest sports, action and music games for players to wager on.