Is Skill-based betting in Esports feasible?

Betting Games are either chance-based games with an outcome strongly influenced by random uncertainty or skill-based games. Betting games that come under the tag ‘skill-based’ are not solely based on chance usually, they require some elements of physical or mental ability along with the luck factor. Poker is a good example of a skill-based betting game which casinos have been running for ages. The game pits the participants against each…