But the real story for crypto watchers played out on prediction markets, where over $3 million in trading volume poured into contracts tied to this single esports fixture. They’re now a serious venue for esports betting, and the volume is only accelerating. Traditional sportsbooks have offered esports betting for a while, but prediction markets operate differently. Esports prediction markets are still relatively thin compared to traditional sports. Prediction markets exist in a gray zone in many jurisdictions, and esports betting adds another layer of complexity.