Esports wagering has evolved over several years, bringing various advancements like expanded bet types and dedicated platforms. While it's not a new concept, the industry is on a swift ascent, projected to hit a market size of $2.5 billion by 2024.
For those curious about venturing into Esports betting, we've crafted a beginner's guide designed to enlighten newcomers, answer burning questions, and suggest optimal bookmakers to start your journey.
The Basics of Betting on Esports
Betting on Esports Comparable to traditional sports betting, Esports wagering involves predicting outcomes of competitive gaming events or tournaments based on given odds from bookmakers.
Even if you're new to Esports betting, don't worry about the unfamiliar markets; they're intuitive, especially for seasoned fans of Esports.
Esports Betting Markets
Beyond just anticipating match winners, Esports betting markets include choices like Draw, Group Winners, Handicaps, Outright Champions, Over/Under, and beyond.
Game-Specific Bets
Each Esports game offers unique betting opportunities. Whether it's First Blood or Knife Round in CS:GO, or bagging the First Baron in League of Legends, there’s a market for every enthusiast.
Popular Esports for Betting
With a rapid increase in available games to bet on, the following are among the standout Esports titles drawing massive betting interest:
1. Dota 2
Dota 2, a strategy-focused MOBA from Valve Corporation, shines in the eSports arena with major tournaments that offer hefty prize pools. Leading online sportsbooks allow fans to place wagers on this popular game.
2. League of Legends
Riot Games’ League of Legends (LoL) features a robust competitive framework with leagues and events worldwide. The annual LoL World Championship marks a cornerstone in the eSports calendar.
3. Overwatch
With its Overwatch League (OWL), Blizzard's team shooter, Overwatch, sets a benchmark in eSports. Betting opportunities on Overwatch abound across platforms catering to eSports gamblers.
4. Counter-Strike: Global Offensive
Valve’s Counter-Strike: Global Offensive (CS:GO), steeped in history from the early 2000s, remains a favorite among FPS eSports, boasting numerous betting options.
5. Mobile Legends: Bang Bang
Mobile Legends: Bang Bang (MLBB) provides numerous wagering choices for enthusiasts, making it a beloved eSports betting option, with many bookmakers offering MLBB markets.
Tips for Betting on Esports
No bet comes with a guarantee of success. Here's how to tip the scales in your favor and reduce losses:
1. Budget
It's crucial to establish a clear budget for Esports betting, ensuring you bet responsibly and only with funds you’re prepared to part with.
2. Value
Profitable Esports betting often hinges on identifying undervalued bets. Acquiring deep insights into the games and teams increases your betting acumen.
3. Diversify
To spread risk, consider diverse bets on different games and teams. Concentrating on a single bet heightens financial risk if the venture fails.
4. Consider Betting In-Play
Many new online betting sites Betting sites often give you the chance for live, in-play betting on Esports. Ensure live viewing for informed wagering decisions, as odds can fluctuate rapidly.
5. Do Your Research
Understanding major Esports titles like CS:GO, League of Legends, and StarCraft II inside out is vital. Never bet unless you thoroughly grasp the event details.