Following the conclusion of its closed qualifiers, Cyber.Bet is set to commence with its third CS:GO competition, the Cyber.Bet Golden League, on October 29th.
Throughout 2020 the bookmaker has hosted four CS:GO and Dota 2 competitions, as the firm looks to create opportunities for organisations, players, and staff whilst also enhancing its own offerings.
The Golden League features the firm’s biggest prize pool to date with organisations competing for a slice of the $20,000 fund.
Speaking to Esports Insider a Cyber.Bet spokesperson commented: “Betting companies make a great contribution to esports industry development: partner with tournament hosts, sponsor teams, and run their own tournaments.
“Due to the cancellation of most major tournaments, teams are currently in a quite sticky situation and in need of support. That’s why at this particular time, it’s crucial to run tournaments in order to encourage them. Spectators also want to see more worthy competitions in their favourite disciplines, have an opportunity to bet on beloved teams, and enjoy watching matches. We strive to change the perception of betting for the better, as first of all, it’s about emotions, and the best way to give positive ones is to organize a bright event!”
Cyber.Bet has also recently committed to ensuring that integrity is withheld within the industry after the bookmaker joined forces with the Esports Integrity Commission (ESIC) in June.
As a result of the partnership, Cyber.Bet will share information to ESIC in order to help prevent match-fixing and other forms of corruption in betting.
The tournament officially started in mid-October via open and closed qualifiers. The winners of the qualifiers, Ethereal and Mustang Crew, have joined the likes of SJ Gaming, Movistar Riders and Giants Gaming in the sixteen-team group stage.
Each team will compete against each other, passing through four rounds in a Swiss System format. The remaining eight sides will continue on into the play-offs.
In the play-offs, four more invited teams will be introduced (Endpoint, ESPADA, sAw and Team Secret) and a single-elimination, b03 tournament will commence until a victor has been crowned.
Esports Insider says: Online tournaments have been the lifeblood for many esports organisations during the global health pandemic and Cyber.Bet’s competition is no different. It’s interesting that with every tournament organised by the bookmaker, the prize pool continues to rise, highlighting that the project is proving to be a successful project for the firm, along with the team’s involved.