Could you elaborate on the key distinctions between crypto betting and esports betting? I'm curious to understand how these two concepts differ, especially in terms of their underlying mechanisms, platforms, and potential risks involved. With crypto betting, does it involve wagering using cryptocurrencies, and if so, how does this affect the betting experience? On the other hand, with esports betting, is it focused solely on placing bets on competitive video gaming events? Are there any specific advantages or disadvantages of each betting method that investors should be aware of? I'd appreciate a concise yet comprehensive comparison of these two betting avenues.