The expansion of the esports industry and the emergence of esports wagering have been significant thanks to improved real-time streaming technology. Many well-known online sports betting companies have capitalized on expanding the esports industry by providing punters with excellent esports betting options. DreamHack Masters, League competition, League of Legends European Championship, Overwatch, FIFA League, ESL One: Dota 2, and many more are available to bet on regulated and licensed sportsbooks. Also, in various games, people get involved in trading items and skins, thereby earning extra money.

Even though legal online sports betting companies did not enter the esports business a few years ago, the scenario is drastically different. Online sports betting and Esports have a unique relationship since almost all well-known and reputable online sports betting offers excellent odds for betting Esports.

 

The rise of sports betting.

All over the world, sports betting is on the rise. According to a study by Grand View Research, by 2028, the global sports betting market could reach $140 billion.

The global sports betting industry's CAGR (compound annual growth rate) could reach 10% between 2021 and 2028.

In 2020, Europe held most of the global market share, with 47% of UK adults saying they had bet in the previous four weeks.

 

Let's look at the current situation of sports betting in Europe.

The most popular sports to bet on in Europe

Europe is home to the world's largest online sports betting industry. However, when it comes to the most popular sports to bet on, that will vary by region.

2019 and 2020 will bring in €10.4 billion and €9.7 billion, respectively, for football (soccer) in Italy. Additionally, £136m (gross game return) was generated from off-course betting in England from April to September 2020.

More than three million people were expected to bet on the postponement of the 2020 UEFA European Championships, according to Einstein, in June 2021.

One million bets were placed between January and May, with the UK accounting for half of them.

Austria, Denmark, and Germany are where horse racing and soccer betting are commonplace.

In the second quarter of the year 2021, sports betting revenues in the developing gaming sector in Portugal increased by 224.5% compared to the same period of the previous year. During the quarter, football accounted for 77.48% of the country's total sports betting.

What are the best European betting and gambling sites?

The best European betting sites we recommend above because they pass our test. At Betzillion eu, we review sites based on how they respond to the overall international betting experience. As a result, we stand for safe and secure bookmakers with an exciting betting environment every time they visit the online sports betting site.

Deposit options

A range of real money deposit methods is available at betzillion gambling sites. Many Peoples use their credit cards to fund their international online betting accounts, as most sites accept Visa and MasterCard. Additionally, e-wallet services such as Skrill and Neteller are popular among gamblers. You can quickly transfer money to your online sports gaming account with digital wallets without hassle. The same goes for bank transfers and Crypto payments like Bitcoin.

Withdraw your winnings

Once you have filled your stack with a good streak, there are several methods to make withdrawals from your European sports betting account. The method you use to make a deposit will also be the withdrawal method on most sites. If you used cryptocurrency to deposit your funds, you can use the same method to withdraw your winnings.

Languages ​​and Currency

Since many languages ​​are spoken in Europe, an online betting site that caters to European punters will offer different language options. You will easily find everything from English to French, via Spanish or German.

Live Betting

Live betting at European betting sites allows you to do just that. For example, Arsenal is playing Tottenham, but the first half has already been played. You sense Spurs will end up with a penalty on the hands – or, more accurately, the feet – and you want to make a props bet. In-play betting allows you to place a bet even if the game is already in progress.

Mobile betting

We do everything from our phones, so why not bet on sports? Mobile betting is accessible with any European gambling site on our list. Additionally, European brands offer the convenience of betting on the go while using your mobile phone or tablet. Most European bookmakers are either optimized for smartphones or have their apps for Android or Apple products.

The legality of online betting in Europe

The European Union is often seen as a single entity for economic endeavors. However, the laws vary from country to country when it comes to sports betting. As a result, many bookmakers serve sports betting fans in several countries in Europe. But European members remain separate and can create their legal framework for online bookmakers supported by the European Gaming and Betting Association (EGBA).

To address the need to reform the patchwork of regulatory bodies and rules in Europe, the European Commission recently proposed harmonizing online gambling regulation and encouraging cooperation between Member States.

It is important to note that sports betting is not required to be licensed. However, many euro gambling sites are perfectly reputable and operate without a license. For this reason, we have provided you with a list of the best sites so that you can concentrate on European Cup betting.

Ready to bet on sports?

Europe is one of the most established international betting markets globally, with many reliable brands ready to make your online gambling experience enjoyable. As long as you stick with one of the sites we recommend above, you're in for a fun sports betting adventure. So register on the site of your choice, make a deposit, and you are good to go.