Data gathered by SafeBettingSites indicates that gamers earned over $3.6 million in esports tournament prize money. The payout was for tournaments held within 30 days between July 17 and August 17 this year.
Pandemic spurs esports growth
The amount was paid to 2,591 gamers who participated in a total of 183 esports tournaments. The data indicates that the highest daily payout was $923,702 on July 19.
On July 26 also recorded another notable high payout at $660,099. On the other hand, the lowest payment was made on August 14 at $300.
The high payouts in esports tournaments can be attributed to the growth in the sector that has been fuelled with the coronavirus pandemic. According to the research report:
“With the health crisis, there is the practice of social distancing reducing consumer activity confining many people to their homes. Gaming has offered an engaging distraction for people at home looking for social interaction. As a result, the number of players on different platforms spiked in the wake of the global lockdown.” but before the citation mention coronavirus or pandemic.”
The SafeBettingSites also overviewed the top five esports tournaments by the biggest prize pool globally between July 17 and August 17, 2020. Hearthstone had the highest prize pool at $500,000 followed by Arena of Valor at $350,000.
In the third spot, there is Dota 2 with a prize of $170,000 while Chess 24 occupies the fourth slot at $150,000. Call of Duty: Warzone closed the top five categories at $111,999