League of Legends and Counter-Strike 2 matches are generating trading volumes comparable to traditional sports on prediction markets. Analysis of Polymarket data from the past year showed LoL averaged over $1 million per match, with the peak reaching $28.3 million. NFL matches led at $5.2 million average, followed by NBA at $4.2 million and NHL at just over $3 million—gaps that have narrowed significantly from previous years.
Esports trading continues expanding rapidly across multiple platforms. At Kalshi, users traded $344 million on events in the last 30 days, up from $113 million in April. LoL and CS2 dominate the market, with LoL averaging $4.8 million in daily volume and CS2 at $4 million. VALORANT has surged from under $1 million daily in June to over $2 million currently.
Polymarket recorded $1.2 billion in esports trading over the past year, slightly above Kalshi's $1 billion. Parlay betting has become increasingly popular, with Kalshi users placing $14.4 billion in parlay volume over the past month compared to $13.5 billion in individual market trades.
