Top 5 esports tournaments with biggest prize pools - Ultimate Guide
The world of esports is fascinating and complex, with many different aspects to it. One of those aspects is online gambling and competitive video gaming. Research shows that esports is booming, with tournaments offering ever-increasing prize pools. According to a report from SuperData, the global esports gambling market was worth $8 billion in 2020. Gamers of all levels of experience can enjoy it playing it online or offline.
Furthermore, esports betting works the same way as regular sports betting. This implies that bettors can place wagers on the outcome of matches or individual player or team performances. With the growth of esports, many bookmakers and online casino sites are offering esports betting markets. This means punters have plenty of opportunities to profit from their esports knowledge. This article therefore takes you through the five esports tournaments with the biggest prize pools.
This is an annual Dota 2 tournament organized by Valve Corporation. It was first held in 2011, with a prize pool of $1.6 million. Since its inception, this prize has grown exponentially since then, reaching a record $34.3 million in 2019. This partly explains why The International is the most prestigious Dota 2 tournament in the world. It is also one of the most-watched esports events in the world.
The tournament is typically held in August. It features a number of different stages, including the group stage, the upper bracket, the lower bracket, and the grand finals. Furthermore, the events typically hold grand finals in front of a live audience and broadcast to a global audience.
The Fortnite World Cup is an annual Fortnite tournament that is organized by Epic Games. This tournament follows a similar format to other major esports events. Normally, it has two stages: the qualifiers and the finals. In that case, the tournament holds the qualifiers online, which are open to any player who meets the eligibility requirements. The top 100 players from the qualifiers then advance to the finals. At this stage, they compete for the $30 million prize pool.
The prize pool for the Fortnite World Cup finals is one of the largest ever for an esports tournament. This significantly increased from the inception year's $10 million prize pool. In that case, Epic Games awards the final winners a significant proportion of the prize money. Epic games distribute the rest of the money and reward the other top 100 players.
The Honor of Kings World Champion Cup is a tournament held every November to crown the world's best Honor of Kings player. This tournament takes place in November in China, organized by Tencent Games, the developers of Honor of Kings. Furthermore, the Honor of Kings World Champion Cup has a prize pool of $1 million. This makes it one of the most lucrative esports tournaments in the world.
Honor of Kings World Champion Cup is open to any player who meets the eligibility requirements. To be eligible, players must be at least 16 years of age and have reached Diamond rank in Honor of Kings. Furthermore, players must reside in a country that is part of the Honor of King's global server. Additionally, players participate in the tournament in 5v5 format on the Summoners Rift map. The format is divided into two phases: the group stage and the playoffs.
The PGI.S 2021 main event is the second biggest esports tournament of the year. The events are held in South Korea and typically take place in January. PUBG Corporation, the developers of PlayerUnknown's Battlegrounds (PUBG) organize these tournaments with a prize pool of $2 million. This value makes PGI.S 2021 main event one of the largest prize pools for any PUBG tournament.
The new format for the PGI.S 2021 main event is a double-elimination bracket. This means that the organizing company eliminates a team from the tournament after it loses two matches. The first match in the upper bracket usually has the best-of-three, while all other matches are best-of-five. The grand finals have the best-of-seven. This format surely adds an extra layer of excitement to the tournament, as teams have to be on their A-game from the start.
The LoL World Championships is an annual esports tournament that takes place every year. Organized by Riot Games, it is the culmination of the competitive League of Legends season. This tournament features the best LoL-teams from around the world, who compete for the title of World Champion. Additionally, it has millions of viewers tuning in to watch the action and is fast growing in popularity, setting new records for viewership and prize money each year.
Riot Games held the first LoL World Championship in 2011, with a prize pool of $1 million. In that year, the winning team was Fnatic, who beat the team aAa in the final. Since then, Riot Games has held the tournaments annually, with the prize pool increasing yearly. The current prize pool for the tournament is approximately $6.45 million, making it one of the largest in esports history.
The top five esports tournaments with the biggest prize pools are all extremely competitive and popular events that attract a large number of spectators. These tournaments offer millions of dollars in prize money and attract the best players from all over the world. If you're looking to get into the competitive scene, these are the tournaments you should be aiming for.
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Furthermore, esports betting works the same way as regular sports betting. This implies that bettors can place wagers on the outcome of matches or individual player or team performances. With the growth of esports, many bookmakers and online casino sites are offering esports betting markets. This means punters have plenty of opportunities to profit from their esports knowledge. This article therefore takes you through the five esports tournaments with the biggest prize pools.
The International
This is an annual Dota 2 tournament organized by Valve Corporation. It was first held in 2011, with a prize pool of $1.6 million. Since its inception, this prize has grown exponentially since then, reaching a record $34.3 million in 2019. This partly explains why The International is the most prestigious Dota 2 tournament in the world. It is also one of the most-watched esports events in the world.
The tournament is typically held in August. It features a number of different stages, including the group stage, the upper bracket, the lower bracket, and the grand finals. Furthermore, the events typically hold grand finals in front of a live audience and broadcast to a global audience.
Fortnite World Cup finals
The Fortnite World Cup is an annual Fortnite tournament that is organized by Epic Games. This tournament follows a similar format to other major esports events. Normally, it has two stages: the qualifiers and the finals. In that case, the tournament holds the qualifiers online, which are open to any player who meets the eligibility requirements. The top 100 players from the qualifiers then advance to the finals. At this stage, they compete for the $30 million prize pool.
The prize pool for the Fortnite World Cup finals is one of the largest ever for an esports tournament. This significantly increased from the inception year's $10 million prize pool. In that case, Epic Games awards the final winners a significant proportion of the prize money. Epic games distribute the rest of the money and reward the other top 100 players.
Honor of Kings World Champion Cup
The Honor of Kings World Champion Cup is a tournament held every November to crown the world's best Honor of Kings player. This tournament takes place in November in China, organized by Tencent Games, the developers of Honor of Kings. Furthermore, the Honor of Kings World Champion Cup has a prize pool of $1 million. This makes it one of the most lucrative esports tournaments in the world.
Honor of Kings World Champion Cup is open to any player who meets the eligibility requirements. To be eligible, players must be at least 16 years of age and have reached Diamond rank in Honor of Kings. Furthermore, players must reside in a country that is part of the Honor of King's global server. Additionally, players participate in the tournament in 5v5 format on the Summoners Rift map. The format is divided into two phases: the group stage and the playoffs.
PGI.S 2021 main event
The PGI.S 2021 main event is the second biggest esports tournament of the year. The events are held in South Korea and typically take place in January. PUBG Corporation, the developers of PlayerUnknown's Battlegrounds (PUBG) organize these tournaments with a prize pool of $2 million. This value makes PGI.S 2021 main event one of the largest prize pools for any PUBG tournament.
The new format for the PGI.S 2021 main event is a double-elimination bracket. This means that the organizing company eliminates a team from the tournament after it loses two matches. The first match in the upper bracket usually has the best-of-three, while all other matches are best-of-five. The grand finals have the best-of-seven. This format surely adds an extra layer of excitement to the tournament, as teams have to be on their A-game from the start.
LoL World Championships
The LoL World Championships is an annual esports tournament that takes place every year. Organized by Riot Games, it is the culmination of the competitive League of Legends season. This tournament features the best LoL-teams from around the world, who compete for the title of World Champion. Additionally, it has millions of viewers tuning in to watch the action and is fast growing in popularity, setting new records for viewership and prize money each year.
Riot Games held the first LoL World Championship in 2011, with a prize pool of $1 million. In that year, the winning team was Fnatic, who beat the team aAa in the final. Since then, Riot Games has held the tournaments annually, with the prize pool increasing yearly. The current prize pool for the tournament is approximately $6.45 million, making it one of the largest in esports history.
Conclusion
The top five esports tournaments with the biggest prize pools are all extremely competitive and popular events that attract a large number of spectators. These tournaments offer millions of dollars in prize money and attract the best players from all over the world. If you're looking to get into the competitive scene, these are the tournaments you should be aiming for.
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