Skin gambling is a well known phenomenon in the gaming industry, and it also exist in other video games such as PlayerUnknown’s Battlegrounds (PUBG), DOTA 2, Battalion 1944 and Rust. In the last couple of years we have also seen a increasing popularity for so called case opening sites, where players can buy and open cases that can contain rare and expensive skins. CSGO Gambling primarily involves betting on the outcome of professional tournament matches, or betting on more traditional casino games such as roulette, coinflip, jackpot and many more. On a monthly basis millions of people bet their CSGO skins on third-party gambling websites, and in 2016 alone the CS:GO skin gambling industry was worth over 5 billion dollars.
With the increasing popularity of CS:GO and in-game skins in the last several years, a independent ‘skin gambling’ industry has reached the surface.
Since skins has a real monetary value, they can be used as a virtual currency, which is why skin gambling is a thing. Although these skins have no direct influence on gameplay, they are extremely popular – and some rare skins such as knives are sold for thousands of dollars on the steam marketplace. In CS:GO, players can obtain virtual cosmetic elements, also known as skins, which can be acquired in the game and sold for real money. Counter-Strike: Global Offensive (CS:GO) is a multiplayer first-person shooter video game developed by Hidden Path Entertainment and Valve Corporation.
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