The world of eSports is growing rapidly, with new leagues and tournaments appearing almost every day. As the popularity of eSports continues to grow, so does the opportunity for betting on these digital competition events. In this guide we’ll give you everything you need to know about eSports betting and how to get started with these exciting new betting markets. Whether you’re a novice bettor or an experienced punter, we’ll cover all the essentials here.
What is eSports?
eSports, also known as electronic sports or cyber sports, is a form of competition using video games. eSports competitions generally come in two varieties: – team competitions, where teams of players compete against each other in a variety of games, and – individual competitions, where players compete against others in head-to-head duels. eSports is a growing and highly profitable industry, with an estimated global revenue of $1.5 billion in 2018, and is expected to double this figure by 2020. The main regions for eSports betting are Asia, Europe, and North America.
How to bet on eSports: An introduction to the basics
Research – Look for upcoming events, game information, and teams/players competing in each tournament. This is essential for finding the best value bets.
Explore the best eSports betting sites – Note that not all betting sites offer eSports betting. Make sure you find a quality site with a great selection of games, competitive odds, and reliable payouts.
Create an account – Registering on a betting site is easy and only takes a few minutes. You can also often use your social media account to quickly and easily create an account.
Deposit funds – Most betting sites accept both cryptocurrencies and standard payment methods like debit/credit cards and PayPal. Make sure you know the site’s minimum deposit and withdrawal amounts.
Place your bet – Visit the sportsbook and navigate to the “betting” section. You might also want to check out the “betting tips” section for advice on which eSports events to bet on.
Watch the event – As a sports bettor, you have to be available to monitor the event and keep track of the score and stats.
Claim your winnings – If you win, make sure you withdraw your funds within the specified withdrawal period.
Things to know before betting on eSports
Before you bet on eSports, you need to understand a few things about this type of event and the betting industry surrounding it. Firstly, eSports tournaments and matches can be long and action-packed, sometimes lasting for hours.
You’ll often have multiple games being played at the same time, which can be hard to track if you don’t have a dedicated streamer watching the event! Not every site offers eSports betting. Make sure you find a great site with a wide selection of games and reliable payouts.
Betting on eSports is new and complex. You’ll come across new terms, strategies, and acronyms that you might not be familiar with. Make sure you do your research and ask questions if anything is unclear.
Make sure you keep track of when games are scheduled to be played and what team/players are competing in each tournament. The best bets can often be found during warm-up matches before the main tournament begins.
eSports betting has a high variance. Your winning bets will be much larger than your losing bets, but the occasional big loss can be very painful. Make sure you are comfortable with the variance before you begin betting on eSports.
Stay informed on upcoming tournaments, teams and game information. This will help you choose the best bets and keep track of the results more easily.
Finding the best eSports betting sites
When you’re looking for the best eSports betting sites, there are several important factors to consider. You’ll want to find a site with great odds, a wide selection of games, reliable payouts, and easy-to-use functionality. Here are a few of the most important things to look out for when choosing an eSports betting site: – Sports offered – Not every site offers eSports, so make sure the site you’re considering has the games you’re most interested in playing. – Bonus and promotions – Some sites offer special bonuses and promotions for new users. These come in the form of free bets, cash-back, and coin-back programs. – Payout method – A site’s payout method can make a big difference, especially in cases of large winnings. Make sure you know how long you’ll have to wait before you receive your winnings.
Which games can you bet on?
There are hundreds of different games being played as eSports, and not every site offers all of these. The main games used in eSports tournaments are:
– Counter-Strike: Global Offensive (CS:GO)
– Dota 2
– Fortnite
– League of Legends
– Overwatch
– Rocket League
– FIFA
– FIFA Ultimate Team
– Hearthstone
Strategies for betting on eSports
There are a few basic strategies you can use for betting on eSports events. First of all, you should always read the information about the upcoming tournament, including teams, rosters, and game info. This will help you find the best value bets and keep track of the matches more easily. – Betting during warm-up matches can often lead to the best value bets.
You can also try betting on longer-odds games during these matches, as the other eSports bettors might overlook them. – You can also try betting on eSports during the finals of a tournament. This is often the most exciting part of the event and can lead to big payouts. – Make sure you keep track of the tournament standings and any head-to-head duels being played. This will help you find the best value bets and easily keep track of upcoming results. – Try to diversify your eSports betting portfolio to reduce your risk.
Conclusion
eSports betting is a growing industry with a lot of potential, and it offers exciting opportunities for both amateur and experienced bettors alike. This type of betting is new and complex, so make sure you do your research and understand the terms and strategies used. Before you start betting, Check out sites like Parimatch betting sites, read the eSports betting tips, and get a feel for the types of games being played. This will help you choose the best bets and keep track of the results more easily. Remember that eSports betting has a high variance, so make sure you are comfortable with the risk before you begin.
