eSports, or electronic sports, have become increasingly popular over the years. With the rise of online gaming and competitive tournaments, many people have started to take an interest in eSports betting. In this beginner’s guide, we’ll explore what eSports betting is, how it works, and some tips to help you get started.
What Is eSports Betting?
eSports betting is similar to traditional sports betting, but instead of betting on physical sports like football or basketball, you’re betting on competitive video gaming. This can include popular games like League of Legends, Dota 2, and CS:GO, among others. Just like traditional sports betting, you place a wager on the outcome of a match or tournament, and if you predict the correct outcome, you win money.
How Does eSports Betting Work?
To start betting on eSports, you’ll need to find a reputable online sportsbook that offers eSports betting. There are many sportsbooks out there that offer eSports betting, so it’s important to do your research and choose one that is trustworthy and reliable.
Once you’ve found a sportsbook that offers eSports betting, you’ll need to create an account and deposit some money. Most sportsbooks will offer a variety of deposit options, including credit cards, debit cards, and e-wallets like PayPal and Skrill.
After you’ve made your deposit, you can start placing bets on eSports matches and tournaments. The types of bets you can make will vary depending on the sportsbook, but some common types of bets include:
|Type of Bet||Description|
|Match Winner||This is a bet on which team or player will win a particular match.|
|Outright Winner||This is a bet on which team or player will win an entire tournament or league.|
|Handicap||This is a bet that takes into account a point spread or some other type of handicap to even out the odds between two teams or players.|
Tips for Betting on eSports
If you’re new to eSports betting, here are some tips to help you get started:
Do Your Research: Before placing any bets, it’s important to do your research and learn as much as you can about the teams and players you’re betting on. This can include their past performance, their current form, and any other relevant factors that could influence the outcome of a match or tournament.
Choose Your Bets Wisely: While it can be tempting to place bets on every match or tournament, it’s important to choose your bets wisely. Focus on the matches and tournaments where you have the most knowledge and information, and avoid making bets based solely on luck or intuition.
Manage Your Bankroll: It’s important to manage your bankroll wisely when betting on eSports. Set a budget for how much you’re willing to spend, and stick to it. Don’t bet more than you can afford to lose, and avoid chasing losses by making bigger bets to try to recoup what you lost.
Keep Up to Date: eSports is a fast-paced and constantly changing industry, so it’s important to keep up to date with the latest news and developments. Follow esports news sites, social media accounts, and other resources to stay informed about the latest events and trends.
Some of the Biggest eSports Events
When it comes to betting on eSports, there are many events and tournaments that you can choose from. However, some events are more popular and offer better betting opportunities than others. Here are some of the best eSports events to bet on:
League of Legends World Championship:
The League of Legends World Championship is an annual tournament that features the best teams from around the world. With a prize pool of over $6 million, it’s one of the most prestigious eSports events and offers a wide range of betting options.
CS:GO Major Championships:
CS:GO Major Championships are held multiple times a year and feature the best teams from around the world. With a prize pool of over $1 million, these tournaments offer plenty of betting opportunities and are highly competitive.
Call of Duty World League Championship:
The Call of Duty World League Championship is an annual tournament that features the best teams from around the world. With a prize pool that often exceeds $1 million, it’s one of the biggest events in the Call of Duty eSports scene and offers plenty of betting opportunities.
These are just a few of the best eSports events to bet on. Other popular events include the Fortnite World Cup, the Hearthstone World Championship, and the Rainbow Six Siege Invitational. When choosing which events to bet on, it’s important to consider factors like the popularity of the game, the competitiveness of the tournament, and the variety of betting options available. By doing your research and choosing the right events to bet on, you can increase your chances of success when betting on eSports.
Finding the Best Sportsbooks
MyBookie and BetUS are two popular sportsbooks that offer eSports betting; they offer a range of games and tournaments for bettors to choose from. Here’s a closer look at each sportsbook:
MyBookie: MyBookie is a popular sportsbook that offers a variety of betting options, including eSports. They offer a range of games like League of Legends, Dota 2, and CS:GO, as well as live betting options. They also have a user-friendly platform and offer competitive odds.
BetUS: BetUS is another popular sportsbook that offers eSports betting. They offer a variety of games and tournaments, including popular titles like Overwatch and Rainbow Six Siege. They also offer a variety of betting options and have a user-friendly platform.
Pros and Cons of eSports Betting
Like any form of betting, eSports betting has its pros and cons. Here are some of the main advantages and disadvantages of eSports betting:
Exciting and Fun: Betting on eSports can add an extra level of excitement and entertainment to watching your favorite games and tournaments.
Potentially Lucrative: If you do your research and make smart bets, you have the potential to win a significant amount of money betting on eSports.
Growing Industry: eSports is a rapidly growing industry, and, as such, it constantly offers new games and tournaments to bet on, providing a wealth of opportunities for bettors.
Accessible: With the rise of online sportsbooks and mobile betting apps, eSports betting has become more accessible than ever before.
Risk of Addiction: As with any form of gambling, there is a risk of addiction when it comes to eSports betting. It’s important to bet responsibly and only bet what you can afford to lose.
Limited Regulation: Since the eSports betting industry is still relatively new, there is limited regulation and oversight. This can make it more difficult to find reputable and trustworthy sportsbooks.
Unpredictable Outcomes: While doing research can increase your chances of making successful bets, there is always an element of unpredictability when it comes to betting on eSports.
Skill Gap: Some eSports games and tournaments may have significant skill gaps between teams or players, making it more difficult to predict outcomes and make successful bets.
eSports betting can be an exciting and potentially lucrative hobby, but it’s important to approach it with caution and responsibility. Do your research, choose your bets wisely, manage your bankroll, and stay up to date with the latest news and developments. With a little bit of knowledge and preparation, you can enjoy the excitement of eSports betting while minimizing your risks.
eSports betting is a form of sports betting where you wager on the outcome of competitive video gaming tournaments and matches.
To start eSports betting, you need to find a reputable online sportsbook that offers eSports betting. Once you’ve created an account and deposited some money, you can start placing bets on matches and tournaments. The types of bets you can make vary depending on the sportsbook, but some common types include match winner, outright winner, and handicap.
Some tips for beginners in eSports betting include doing your research, choosing your bets wisely, managing your bankroll, and staying up to date with the latest news and trends in the industry.
Some popular eSports events to bet on include The International (Dota 2), League of Legends World Championship, CS:GO Major Championships, Overwatch League Grand Finals, and Call of Duty World League Championship.
The advantages of eSports betting include the potential for excitement and entertainment, the potential to win money, the constantly growing industry, and the accessibility of online sportsbooks. The disadvantages include the risk of addiction, limited regulation, unpredictable outcomes, and skill gaps between players and teams. It’s important to approach eSports betting with caution and responsibility.