Esports Betting Guide for Beginners

Esports betting has become a crucial segment in the wagering world over the years. We've witnessed various advancements like an increase in betting platforms dedicated solely to esports, and an expansion in bet types available. It's no longer a novel idea yet continues to skyrocket, with projections indicating the market might soar to $2.5 billion by 2024.

If your interest in esports makes you curious about betting possibilities, we've crafted this guide aimed at beginners. It should help clarify some doubts and direct you towards how and where to engage in esports betting.

The Basics of Betting on Esports

Betting on Esports Esports betting mirrors traditional sports wagering. You essentially predict the results of esports matches or tournaments based on the odds set by bookmakers.

When venturing into esports betting for the first time, you might find some market options unfamiliar. However, fans of esports will find them relatively straightforward to grasp.

Esports Betting Markets

Esports markets extend beyond simply picking winners. You can explore options like betting on Draws, Group Winners, placing Handicap bets, wagering on Outright Winners, or engaging in Over/Under markets, among others.

Game-Specific Bets

Each esports title brings unique betting possibilities. From placing bets on the First Blood or Knife Round in CS:GO to predicting the First Baron or Dragon in League of Legends, there’s a wide array of options to explore depending on which games captivate you.

Popular Esports for Betting

Over recent years, the list of esports games available for wagering has expanded rapidly. Here, we spotlight some of the most sought-after titles in the betting scene:

1. Dota 2

Dota 2 stands out as a multiplayer arena (MOBA) game with a vibrant competitive landscape, hosting major tournaments with substantial prize offerings. Reputable online bookies often cater to Dota 2 enthusiasts.

2. League of Legends

League of Legends, brought to life by Riot Games, is a staple in esporst with its active leagues worldwide. The annual World Championship is a pinnacle event in the esports calendar.

3. Overwatch

Overwatch, Blizzard Entertainment’s team-based shooter, boasts the professional Overwatch League. Numerous betting platforms support Overwatch markets for fans.

4. Counter-Strike: Global Offensive

Having roots in the early 2000s, Valve Corporation's Counter-Strike: Global Offensive (CS:GO) holds its place as one of the pioneering esports titles.

5. Mobile Legends: Bang Bang

Mobile Legends: Bang Bang (MLBB) has carved out its niche among esports bettors, offering diverse wagering choices through several bookmaker options.

Tips for Betting on Esports

As with any form of gambling, success in esports betting isn't guaranteed. Here are some pointers to improve your odds and manage risks:

1. Budget

It's prudent to allocate a specific budget for your esports ventures. Always ensure that your stakes are within what you're comfortable losing.

2. Value

To have the best shot at profiting from esports bets, focus on placing valuable bets. This strategy demands insightful understanding about games and teams to determine fair pricing for your wagers.

3. Diversify

Diversifying your betting strategy across various games and teams can help manage your exposure to risk. Relying entirely on one bet might result in disappointment if it doesn’t pan out.

4. Consider Betting In-Play

Many new online betting sites Live betting on esports allows you to make bets mid-game. To make informed choices, it's best to watch the games live, keeping an eye on evolving odds and gaming dynamics.

5. Do Your Research

Insight into popular esports games like CS:GO, League of Legends, and StarCraft II is critical. It's unwise to wager without a solid grasp of the game rules and team dynamics.