Sony has taken a significant share of the video game market. But the people of PlayStation are not sitting idly by as the gambling industry takes off. Last month Sony releases patent plans for esports betting platform , which will allow players and subscribers to bet on the results of video games.
The patent was filed in 2019 but announced in mid-May this year. The patent indicates that Sony is at least paying attention to the growth of esports and online gambling.
Main news
- Sony publishes a patent for eSports platform.
- The plan provides that game lovers can bet for major competitions.
- Players can place bets with real money or other virtual items .
Sony gambling patent
If approved and used, the new system will allow anyone with a PS5 to bet on offers, bet on futures, bet on in-game and bet on the results of the ever-popular gaming tournaments.
Sony's move into the sports betting industry
This step seems to be a continuation Sony's plan eSports promotion. The company recently acquired Evolution Fighting Game Championships, the most popular virtual battle royale in its field.
And this patent testifies about Sony's interest in securing the potential of online gambling by creating a niche in the industry. Not many bookmakers offer eSports betting at this time, so Sony's eSports betting on consoles will give the company an edge in a largely untapped market.
What betting platform is Sony planning to develop?
The technical details of the patent are vague. But the platform will provide all kinds of eSports options in the hands of gamers, who are in favor of the competition.
Bet Options
Players will be able to bet on results in most currencies , including cryptocurrencies. For players who do not play for real money, there will be an opportunity to wager in the form of in-game assets, digital rights and other non-monetary rewards.
people could bet on the outcome of a tournament, match, or even on the events taking place in an event . For example, a player can find in-game odds of how many characters a grenade will kill in a run-and-gun combat game.
Algorithms will determine the odds based on past performance. The parimutuel betting system, the same betting pool system that racecourses use, determined the payouts.
The rise of esports and online gambling
The popularity of esports competitions has increased significantly in recent years. . In addition, the online gambling industry has taken advantage of changes in laws in more than a dozen US states to experience explosive growth.
The pandemic undoubtedly contributed to this growth last year. But the home gamers who were addicted to internet gaming at the time created an undeniable giant.
Sony's patent reflects the company's recognition of this growth and its willingness to seize the opportunity. Including Sony in the game - a major step in the online gambling movement . It not only recognizes the recognition of gambling in culture, but also puts a new tool in the hands of millions of players.
Sony's bet on the online gambling industry
Sony may never exercise the patent. But the company claims a place in an industry segment that has already been tested before Video game developer Valve has a similar gambling platform that has had mixed results.
Sony, as the owner of the PlayStation, will have much more control over the entire sector. Moreover, if the Sony platform really works and demonstrates success, the company may move to other forms of online betting such as like an online casino.
The Sony Files Patent post for the esports betting platform first appeared in a US online casino.
Source: onlineunitedstatescasinos.com
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