Regulating fixed-odd betting on esports

Abstract

The first chapter of this study will seek to give a detailed overview of what esports is by going through the history of the subject, how to came on about and how it grew and developed at such a fast pace throughout these past decades. The second chapter of this study discusses the core concepts and objectives of this study. It delves into the importance of sports integrity and it utilises a comparison between betting on traditional sports and betting on electronic sports. The findings and the results that arise out of betting on traditional sports are compared to the ones of betting on electronic sports and this serves as the core of the term paper since by making this comparison, one can see the shortcomings that are present when one deals with betting on electronic sports as oppose to betting on traditional sports. With traditional sports, it is much easier to control the illegalities and the irregularities that emerge out of betting on such sports but with electronic sports, there is still a clear deficit when it comes to betting because as a sport it is relatively new to the scene. However, even though it is quite new and modern, it does not stop the sport from growing at a very fast pace and gaining a lot of popularity. The third chapter discusses what fixed-odd betting is and it also discusses the many different concepts that arise out of electronic sports, concepts such as skin gambling which is accountable for a large number of illegalities that arise out of electronic sports. This chapter then moves on to discussing what is already being done in order to combat against all of these illegalities and it also sets out a number of proposals, which if they are implemented could really be successful at combatting against these illegalities. Finally, the fourth and final chapter brings together the entire aim of this study and the objectives that this study tries to reach. This chapter discusses the proposed gaming legal reform and highlights the positives that emerge out of this much needed legal reform however it also targets the inadequacies that are still very much present in the gaming and the betting sphere particularly in the regard of esports and betting on esports.