MAX+ skin gambling data estimation

Max+ provides an application which allows players to not only review their game performance but also access the data on all matches played in a day. The application includes a section called “Guessing Competition (赛事竞猜),” where users can place bets on traditional sports and e-sports competitions (Figure 1). Max+ facilitates betting with two types of gambling tokens: using game skins (mainly Dota 2, from Valve) or M coins—coins that can only be used on Max+ and exchanged for game skins. This study used game skins data to estimate the value of skins wagered on websites. The value of wagers made using M coins could not be estimated, as this information is not displayed on gambling websites.