Xbox and PlayStation are both taking part in the 2020 bet awards.
The Xbox Bet Awards, which are held annually by bet sites, are the third and fourth annual competition, following the Xbox Betting Awards and PlayStation Betting Oscars.
The PlayStation Bet Awards were founded in 2000 and consist of five categories: Gamers, Video Game, Video Games, Movies and Entertainment.
The PlayStation Bet Award is dedicated to those who “make and deliver the most compelling content on the PlayStation platform”, as the site explains.
This year, the winners of the PlayStation Bet awards will be announced on August 20.
“The PlayStation gaming ecosystem continues to evolve and mature at an incredible pace, with the PlayStation 4 and Xbox One launching in December,” said Sony Computer Entertainment Europe’s Chief Executive Officer John Smedley.
“We’re proud to be part of the bet industry and look forward to seeing what’s in store for future years.”
Sony is hoping that the PS4 and Xbox consoles will be able to compete head-to-head in the bet awards, with a few notable exceptions.
Microsoft is taking part for the first time.
Xbox will not be able a win a bet award this year.
Microsoft has not won a bet awards since 2009, when the company was founded.
Sony’s announcement of the 2020 PS4 Bet Awards follows a string of PS4 launches in 2018.
The company’s PlayStation 4 Pro launched in October 2018 and its Xbox Scorpio was announced in June 2019.
In 2018, Sony also announced a new PlayStation game for Xbox, The Unfinished Swan, which will feature the return of a number of popular characters from the franchise.
The game is set in a fantasy world that was recently overrun by evil.
Sony is also continuing its partnership with EA to launch its EA SPORTS FIFA 20 Ultimate Team.
EA has announced a partnership with the Xbox bet awards in 2018, but the company has yet to announce which bet awards are being won by its partners.