It might not surprise you, but Cryptocurrency sportsbettors are the riskiest in the business when it comes to Esports investment.
According to a new study from LOOT.BET, the esports betting specialists, Cryptocurrency owners have been revealed to be the riskiest investors, having kept up a strong level of betting during the pandemic period.
While many financial markets have taken a bit hit, Cryptocurrency’s resilience has led to many speculating on the long-term benefits of the currency against more traditionally tradeable forms. One key indicator of this has historically, in the short-term, at least, sportsbetting.
For the last three years, Bitcoin and Ethereum have been hugely popular currencies, with cryptocurrencies in general contributing 15% of LOOT.BET’s turnover.