whats the point of esports if it has no profit

i always see people say esports gains no profit, so why is it something to still invest in?

Gaming=fun

Esports are the NUMBER ONE reason why people play FTP games or want to play them. Period.

Venture capital has the idea that in x amount of years, the game and scene will be far larger than currently. If you can pick the org that is the most promising and is good at establishing a marketable brand, you can potentially make money in the long run.

most sports teams are in huge debt (like my club man u who are in 1bn of debt) but people still invest in sports bcos its an extremely valuable asset to have and its usually big passion for people,basically same idea in esports

The idea of esports is that when it actually hits it big, these investments will pay off 10000%. Especially in America, it's like buying into a pro sports league 50 years ago. The people who did that and were able to stick around through the winters came out billionaires.

do you know what investment means?

jawn [#7]

do you know what investment means?

yes, but it just seems more volatile than other opportunities.

h786 [#8]

yes, but it just seems more volatile than other opportunities.

it is, gaming orgs are just really good scammers

money laundering

benjiapollo [#6]

The idea of esports is that when it actually hits it big, these investments will pay off 10000%. Especially in America, it's like buying into a pro sports league 50 years ago. The people who did that and were able to stick around through the winters came out billionaires.

esports will die sports will not

At least in CN, esport teams are good ad slots, such as WBG(weibo, cn ver. instagram), BLG(bilibili, biggest video website in CN) etc, they're sponsored by a huge economic entity.

AIMER01 [#11]

esports will die sports will not

Who told you Esport will die give me good explanation

OnlyOneStar2 [#14]

Who told you Esport will die give me good explanation

Old games will be replaced and eliminated by new games, that's not the death, just refreshment.

bc in na u make hella money while playing your fav game. it just not profitable for orgs

geometrix [#3]

Esports are the NUMBER ONE reason why people play FTP games or want to play them. Period.

People pay f2p games for the same reason as people play non f2p games. Genshin and Roblox arent esports. Esports are still niche and accessible without a big barrier to entry since it can be streamed. Regular sports fans pay on average 80USD a year on merch alone, I could probably count on my hand the number of times I've seen a person wear any related to league as an esport or a valorant chair or something.

reycac [#5]

most sports teams are in huge debt (like my club man u who are in 1bn of debt) but people still invest in sports bcos its an extremely valuable asset to have and its usually big passion for people,basically same idea in esports

thats bcz of the fcking glazers
#GLAZERSOUT