With the ever-growing popularity of competitive gaming, esports betting has become a thriving market that offers a wide range of betting options. Esports are some of the most action-packed tournaments with endless entertainment.
But if you’re new to this world, it can be overwhelming to know where to start.
Don’t worry though, we’ve got you covered with this ultimate guide to betting on esports. It covers everything about the esports landscape, the betting markets available, and how to leverage each market and find value for all your bets.
Understanding the Esports Landscape
Let’s start this off with some basic understanding of the esports landscape before we delve into the nitty gritties of esports sports betting. Esports are competitive video game tournaments where players from around the world compete against each other.
You’ll often find them categorized in the Esports betting software into genres such as first-person shooters, multiplayer online battle arenas, sports games, and strategy games. Some of the most popular titles include Dota 2, League of Legends, Counter-Strike: Global Offensive (CSGO), Overwatch, and Fortnite.
Esports tournaments and leagues are typically organized into seasons or circuits, with top teams and players competing for large prize pools. Some of the most popular esports tournaments include the Overwatch League, The International (Dota 2), and League of Legends World Championship.
How Esports Betting Works
You’ll find different esports fixtures in most popular sportsbooks where you choose your favorite esports event to place a bet. You’ll need to choose a betting market and compare different available odds before you bet. Some bookies allow in-play bets or live stream esports betting especially on esports dedicated betting sites.
Odds are an important aspect of sports betting, and that includes betting on esports such as CSGO. The odds you choose determine the amount if your bet wins. To get started, you should go for bookies with competitive esports odds, depending on the market you choose. Some of the common esports odd formats you should consider include:
- American Odds
- Indonesian Odds
- Decimal Odds
- Hong Kong
- Malay Odds
Popular Esports Betting Markets
There are several types of esports betting markets, and understanding each one can help you make informed betting decisions. Some of the most popular esports betting markets include:
- Match-winner and money line: When it comes to simplicity in esports betting, this one takes the day. You only need to bet on what you think the winning team will be.
- Handicap and spread betting: In this type of betting, a handicap is given to one team to level the playing field. This creates a spread, and you bet on whether the favorite team will win by more than the spread or not.
- Total maps and rounds: This market allows you to bet on the total number of maps or rounds that will be played in a match.
- Proposition or “prop” bets: These are bets on specific events or occurrences that may happen during a match. For example, you can bet on which player will get the first kill, or which team will win the first map.
- Futures and outrights: These bets are placed on the outcome of an entire tournament or league, rather than individual matches.
Other Factors to Consider When Betting on Esports
Esports games are constantly evolving, and a new patch or update can significantly change the gameplay dynamics. Here’s a list of the factors to consider when betting on esports:
- Game Knowledge: Having knowledge about the game being played is crucial when making betting decisions. Understanding the game’s mechanics, rules, and strategies can give you an edge over other bettors.
- Team Form: A team’s recent form is an important factor to consider when betting on esports. Teams that are in good form are more likely to perform well and win matches.
- Player Roster: Knowing the players on a team and their roles within the team can give you an advantage when making betting decisions. A team with a strong player roster is more likely to perform well.
- Tournament Format: Different tournaments have different formats, and some teams may perform better or worse in certain formats. Understanding the tournament format can help you make better betting decisions.
- Home Advantage: Some esports tournaments are played in front of live audiences, and teams may perform better on their home turf. Understanding the home advantage can help you make better betting decisions.
Conclusion
Esports betting can be a fun, exciting, and rewarding way to enjoy your favorite video games. It is possible to increase your chances of success simply by understanding the esports landscape, using info such as our Overwatch 2 review, considering the factors that affect gameplay, and choosing the right betting markets and platforms.
Remember to research, manage your bankroll, choose the right betting markets, shop for the best odds, and take advantage of bonuses and promotions. With the right strategy and approach, you can become a successful esports bettor.
