Esports is becoming a vital part of the online gambling industry. This unique gaming industry offers fans a different type of experience and provides a means for professional esports players to earn some money for the skill they possess.
While esports players may receive funding from endorsement deals, it is essential to note that the large percentage of revenue for professional esports players is gotten from esports events and tournaments. In this review, I will discuss the top three esports tournaments with the largest prize pools. The top three esports events with the largest prize pool are:
- The International
- Counter-Strike: Global Offensive
- League of Legends
The International
The international is a Dota 2 esports tournament organized by the Valve Corporation for professional Dota 2 players. The international is the most significant and largest esports tournament in the world. The 2019 edition had a total prize pool of $34.3 million, while the 2020 edition had a total prize pool that surpassed $40 million.
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Counter-Strike: Global Offensive
This first-person multiplayer esports game provides an excellent format for communal gameplay. As a result, a host of tournaments are organized for Counter-Strike: Global Offensive. These tournaments reward players with cool cash prizes.
In a standard CS: GO tournament, matches are set up in a 5×5 format, with two teams of five players. Similarly, the gameplay is set in different scenarios. One common game scenario is the bomb defusion scenario.
In this scenario, a team of players acting as terrorists will plant a bomb and defend the bomb’s location. The second team then attempts to diffuse the bomb, thereby working as counter-terrorists. If the bomb is diffused, the counter-terrorists will earn points. However, if the bomb explodes, the terrorists will earn points. Both teams will switch sides after several matches have been played.
Tournaments in CS: GO feature matches that last 30 rounds. A team that wins 16 games will win the contest and progress to the tournament’s next stage.
For the year 2020, CS: GO became the top esports game with the highest prize pool. Their prize pool for 2020 was about 14.75 million dollars. In previous years their total prize pool usually exceeded 22.65 million dollars.
League of Legends
Another esports game that offers a high prize pool to players with their yearly tournaments is the League of Legends esports game. the total prize pool for the 2016, 2017, and 2018 League of Legends world championship was $5,070,000.00, $4,946,969.00, $6,450,000.00. Riot games organize all League of Legends tournaments.
League of legends is quite similar to Dota 2, and this game falls under the real-time strategy section of the multi online battle arena genre of esports. League of Legends is played in a 5×5 format with two teams consisting of five players each. The primary objective of players is to take over the base of the opposing team. Some game scenarios on League of Legend include the best of one scenario, the best of three scenarios, and the best of five scenarios.
Conclusion
There are many esports tournaments organized yearly for professional players. However, the tournaments listed above offer the biggest grand prizes and provide successful teams with the chance to win huge cash prizes. Other esports teams that offer cool cash prizes include esports games like Fortnite, Call of Duty, Overwatch, and Rainbow Six Siege.
