VitalBet launch eSports live betting as bookies jump on new betting bandwagon

eSports betting platform VitalBet has added live betting to its list of wagering options.

The Costa Rica-based, Curacao-licensed VitalBet, which launched this May, is powered by UltraPlay software and accepts eSports wagers in fiat currency or Bitcoin. VitalBet is now offering a live betting service on major eSports events like Counter Strike: Global Offensive, League of Legends and StarCraft II.

UltraPlay CEO Dariy Margaritov says VitalBet will now be able to accept wagers on every round of an eSports event, with up to 84 different betting markets per event. Margaritov claims two more online sportsbooks will be adopting UltraPlay’s eSports live betting service over the next few weeks.

eSports betting is definitely coming out of its shell. Online gambling technology supplier Betgenius recently claimed to have scored an “industry first” with the launch of its pre-match and in-play eSports pricing engine. Betgenius CEO Mark Locke said the product would allow operators to fully automate pre-game wagering on hundreds of markets while the software is also capable of generating accurate in-play betting odds.