A Beginner’s Guide: How to Bet on eSports

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KEY TAKEAWAYS:

• Although eSports betting started out slowly, this (relatively) new kind of betting has become very popular in the last several years.
• Even though there are hundreds of leagues and tournaments held worldwide, it’s generally better to start by concentrating on the most popular ones.
• There are a lot of eSports betting websites available, but not all of them are suitable for use. You should look for a website that has been around long enough to earn users’ trust.

Photo: An eSports competitor (source: https://unsplash.com/photos/person-sitting-on-gaming-chair-while-playing-video-game-Mf23RF8xArY)

Esports betting is very popular at the moment. Although it started out slowly, this (relatively) new kind of betting has become very popular in the last several years. By the end of the year, the global eSports betting market is expected to be valued at US$2.8bn due to its rapid expansion. That’s a huge number, particularly in light of the fact that eSports are still somewhat unknown. Although there’s a sizable fan base for eSports these days, it’s far smaller than that of more conventional sports like football, basketball, or tennis. The majority of people outside those fan bases are unaware of the nature of eSports; they have no idea how to bet on eSports, that’s for sure.

What exactly are eSports, then? And how does betting on eSports function?

This guide to eSports betting will provide you with the answers to these and other questions. You’ll find fundamental betting pointers for novices.

An Explanation of eSports for Those Unaware

Competitive video gaming is known as “eSports”, which is short for “electronic sports”. In essence, what we’re discussing is a competition between players of video games. Naturally, this phenomenon isn’t new in and of itself; it has been occurring in people’s homes since the introduction of the first home computers and game consoles. Playing their favorite video games against friends and family is a pastime for millions of people worldwide. In the past, sitting in front of the same computer was the only method to play video games against opponents in real life. Nevertheless, we can now play games online as well. This implies that we can sit at home and play against someone who’s anywhere in the world.

An estimated 3.32 billion individuals, or over one-third of the world’s population, play video games in one way or another, according to studies. This figure is astounding and demonstrates the widespread popularity of video games. Naturally, not all of these gamers compete with other players; some still prefer to play alone, but it’s clear that many of them want to play against actual opponents. We refer to the majority of these players as casual gamers. They usually only play video games for enjoyment. Although many of them participate in structured events and online tournaments, their main motivation is pure enjoyment. The phrase “eSports” is usually used to refer to the professional scene, even if these informal and casual competitions are still officially considered eSports.

Indeed, a professional video gaming scene does exist. If you’re unfamiliar with eSports, this may surprise you, but it’s absolutely true and a significant scene. Casual gaming can be extremely competitive, as any gamer will attest, but professional eSports are a completely different ballgame. Teams and athletes compete for millions of dollars in prize money in some of the greatest competitions.

Professional eSports competitions are frequently held in stadiums and arenas with live spectators. These competitions draw millions of viewers globally through Internet streaming sites like YouTube and Twitch in addition to live crowds. The major TV networks have also joined in, with ESPN and other broadcasters airing eSports competitions. As a result, the professional eSports scene is notable, as we’ve stated. Below, see the scope of it.

It’s crucial that you grasp at least some of the video games that are played before you begin placing bets on eSports. If you don’t, you won’t be able to make wise wagering choices. Being a true expert on how to bet on eSports isn’t required, but you should be aware of some of the tactics used and how the games are played. Even though there are dozens of different eSports games, just a handful of well-known titles are used in most professional competitions.

The ones that are most frequently featured are listed below:

• League of Legends
• Mobile Legends: Bang Bang
• Valorant
• Counter-Strike
• Arena of Valor
• Apex Legends
• Fortnite
• Dota 2
• PUBG Mobile
• Honor of Kings

Knowing the framework and structure of any eSports competition you intend to wager on is equally crucial. Once more, this aids in wise wagering choices. Although there are hundreds of leagues and tournaments held worldwide, it’s generally better to start by concentrating on the most popular ones.

The following is a list of the most well-known eSports competitions currently taking place:

League of Legends World Championship
The International
Free Fire World Series
Mobile Legends: Bang Bang World Championship
PUBG Mobile Global Championship
Call of Duty League
Fortnite World Cup
Valorant Champions
Overwatch League
Apex Legends Global Series Championship

Esports Bet Types

You’re prepared to learn about the betting aspect of eSports, i.e., how to bet on eSports, after you have a firm understanding of what they are. There are several ways to place bets in eSports, ranging from concentrating on specific in-game events to forecasting match results. Every kind of wager has distinct qualities that can appeal to certain wagering preferences.

The most-liked betting choices are listed here.

• Moneyline bet: One of the most basic types of betting is a moneyline wager. You select the team/player you believe will prevail in the contest. The odds for each team or individual will indicate their likelihood of victory. The underdog has longer odds because it stands a better chance of winning, and it will be more profitable to bet on it, whereas the favorite has shorter odds because it has a higher chance of winning, but it’s less profitable. Because of its simplicity, this wager is appropriate for novices, especially because it’s most similar to traditional sports betting, which functions similarly to wagering on football or basketball games, or boxing fights.
• Outright winner bet: Predicting the overall winner of a league or tournament, as opposed to just one match, is known as an outright winner bet. You must comprehend a team’s long-term strengths in order to place this wager. Because it’s typically more difficult to anticipate tournament results than individual matches, odds for outright winner bets can yield substantial profits. It’s important to keep up with team/player performance and squad changes because you might place this wager at the beginning of a season.

The following two bet types focus on specific game events rather than the overall match or tournament winner.

• Total kills: Predicting the total number of kills in a match or whether the count will exceed or fall short, i.e., go over or under, of a predetermined threshold, is the goal of total kills wagers. You have over/under bets for various other game features, aside from total kills.
• First blood: In first blood, you wager on which person or team will kill someone first. These wagers increase excitement by allowing you to concentrate on exhilarating game moments. In shooter games such as Counter-Strike 2, they are well-liked.

In games divided into maps or rounds, you can place bets on who’ll win a specific map or match.

• Match winner: Betting on the match winner is the same as the moneyline bet, but looking at who’ll win the entire series.
• Map winner: Map winner bets involve picking who will win a specific map within the match. This allows more nuanced bets if you believe a team specializes in certain maps.
• Correct score: Predicting the correct score of a certain series of an eSports match is the object of this wager. This might be expressed in points, like 2-0 or 4-3, depending on the match format: best-of-three, best-of-seven, etc.

By exploring these betting types, you can find options that suit your interests and strategy. Each offers a unique way to engage with eSports and potentially win some money.

For particular eSports matches, there are typically a number of additional betting markets accessible, although we don’t advise novices to use them. These markets are primarily for seasoned eSports enthusiasts who wish to make significant income from their expertise in the field. You have a long way to go before you can take advantage of these betting options as a novice. A few will be mentioned for you to attempt later. In the near future, we might write an article about them.

These include:

• Skin betting
• Social betting
• Fantasy betting
• Challenge betting

Advice on Betting Strategies and Tactics

It’s one thing to know how to place an eSports wager, but it’s quite another to know how to profit from such wagers. If you want to “defeat” the bookmakers and gain money overall, there are a number of things you need to know. Along with having a lot of patience, you also need to be ready to invest a lot of time and energy. Additionally, keep in mind that placing bets on eSports need not be done for financial gain. There’s nothing at all wrong with merely placing a wager for enjoyment.

First, it should be noted that there are many parallels between traditional sports betting and eSports betting. People who are interested in betting should therefore be mindful of a few issues. Even though they were all prepared with traditional sports betting in mind, the knowledge and suggestions they offer will undoubtedly be helpful when it comes to placing bets on eSports. We’ve included them below.

• Evaluating the odds and figuring out payouts
• Simple staking plans and bankroll management
• Understanding the value of betting odds
• Research and analysis that’s effective
• Monitoring records and reviewing performance
• Line browsing and odds comparison

What to Consider When Choosing the Best eSports Betting Site

Although there are a lot of online eSport bookies available, not all of them are suitable for use. You should look for a website that has been around long enough to earn users’ trust.

The following factors should be taken into account while selecting the top eSports betting website:

• Reputation: The reputation of an eSports betting site should be your first consideration. The site is an excellent option for you as well in case many individuals have used it and reported that they found it to be reliable. To determine whether or not it’s worth your time and money, you should read what other people have to say about it on specialized forums and look up reviews online.
• Variety of payment methods: While some websites provide a variety of payment methods, others might only provide one or two. Selecting a website with a payment option that you can use without any issues is crucial. When you bet, this will make it simpler to deposit and withdraw funds.
• Security: When selecting an eSports betting site, security should be a top concern because you don’t want any rogue websites to pass for legitimate ones. Choose a website that has been up and running for a sufficient amount of time and has received little to no complaints from its users. This guarantees the safety and security of your funds.
• Customer support: When selecting the best website, you should also take this into account. To be able to rely on this kind of help in the event of a problem, you want to locate a website that provides strong customer service assistance.

Additionally, opt for the betting sites that are:

• easy to use
• have competitive odds and lines
• have good coverage of events
• offer lucrative bonuses and rewards
• enable fast withdrawals

Pros and Cons of eSports Betting

Do Some Research and Watch eSports

Long-term success and game understanding are always correlated in sports betting. Watching as many eSports as possible before placing a bet is therefore one of the most important starting advice. The easiest way to get a basic idea of the eSports you’re interested in betting on is to watch a few games; reading statistics and conducting research will only get you so far. On websites like YouTube and Twitch, gamblers can watch eSports feeds and streamers’ pieces of advice for free or at a reasonable membership cost.