Betting Guide For Esports- All You Need To Know
With esports getting the attention of more and more people, lots of major games are now being live-streamed on various bookmakers’ websites, making the esports market a wonderful experience for punters to bet on. When it comes to esports betting, it is considered to be just like any other sports betting market. However, you are going to be placing bets on the champion of a particular match on various computer games, which include FIFA, COD, Counter-Strike, and various others. In esports betting, adequate understanding and research of the experts you will be placing your bets on in this particular type is quite important.
Now, let’s take a look at some of the popular esports tournaments.
Taking a look at the tournaments to bet on in esports, there are various tournaments made available to punters to bet on all through the year and they can differ between the various games. Generally, FIFA has quite a lot of popular tournaments made available to players and they are played by professional players all over the globe. Due to the popularity of these tournaments, various bookmakers have made it possible for gamblers to bet on the winners of these tournaments.
Other games such as League of Legends and Call of Duty (COD) also have unique and interesting tournaments that are played all through the year in which punters are offered the chance to bet on the winners of the tournament. Some of the major esports tournaments are as follows:
- Call of Duty Championship
- Evolution Championship Series
- The International Dota2 Championship
- Major League Gaming
Betting on Esports
Given the global popularity of esports, major bookmakers have made it available for punters to wager on. While certain bookmakers will offer more matches and tournaments than others, some also offer markets on several games. Now that you have an understanding of what esports are all about, let’s consider the various ways to bet on esports, so click here.
- Real Money Betting: This works just like regular sports betting in which punters wager on the odds provided by the bookmakers and are settled once their selections are accurate. All forms of outcomes are available to be bet on.
- Skin Betting: this is also referred to as “item betting”, as it is quite popular amongst esports fans. Some video games feature items and virtual currencies that can be transferred from one player to another. For this reason, a lot of trade and auction websites are available for players to purchase, swap, and even sell their items for a couple of these popular video games. There are also websites that offer players the opportunity to place bets by making use of these items.
- Social Betting: This style is popular among esports fans, in which friends and acquittances gather to bet on the outcome of events amongst themselves.
- Challenge Betting: This is commonly known as head-to-head betting, as punters play against themselves for real cash, skins, or items.
Tips on Esports Betting
Generally, esports betting is quite simple to understand, as this is one of the reasons why people love it. It also provides a thrilling experience for punters, and it is a bit different from placing bets on traditional sports that most people are used to. With the continuous growth that the esports market is experiencing, we can say that a lot of punters are into this industry, whether for the fun of it or to make a profit. When you consider esports as a way of making a profit rather than as a means of entertainment, then that is where things get challenging.
In order to get conversant with it, it is essential that you focus on learning the basics. So, before going deep into esports betting, ensure that you have gained enough experience in order not to get confused along the line. For punters who want to know more about betting on esports, below are some esports betting tips to help you on your journey.
Understand the Risk Associated With eSports Betting
One thing to take note of is the fact that it is possible to earn from esports betting. However, do not see it as a simple or easy way, as there are various things you need to understand about it. Therefore, you need to decide whether you are ready to take on the risk involved with esports betting before venturing into it. Once you lose an event you placed a bet on, the money you used in wagering is lost and cannot be gotten back. Therefore, if you know you are not ready for this kind of risk, then you should reconsider your options.
Go Ahead and Start
Once you have understood the risk involved with esports betting and you are willing and ready to take up the risk, then you can begin your journey. When comparing the odds compiler of traditional sports betting to esports betting, they are quite good at what they do, so it can be really challenging for them. However, for esports, the odds compilers do not really have an in-depth understanding of esports and not much data is available. Although this does not also make it pretty easy to beat them, there will most likely be a chance for punters to beat the bookmakers.
Make use of reliable and reputable betting sites
It is very rare to come across traditional bookmakers that take esports wagers. They can mostly be found in locations where esports betting is considered to be legal. This means that it is mostly available to punters on online betting sites. However, getting the best and most reliable one out of the various betting sites is the problem. Despite the fact that there are various sites that offer esports betting, they are definitely not all of the same standards. Therefore, getting the best of the best is one of the ways in which you can improve your chances of enjoying the fun associated with esports betting.
When it comes to betting on esports, events are made available all year round, so you will definitely have the opportunity to play your game. Ensure that your preferred bookie has your league or tournament before going ahead and betting with them.