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Betting on esports is not quite as popular as traditional sports betting, and perhaps it never will be, but that doesn’t take away from the fact that the esports betting industry has been growing rapidly over the last couple of decades.
That is largely due to the exponential growth and the popularity of the esports industry, which has quickly found its place in the mainstream. Soon after sportsbooks realized esports are popular and that there is a demand for betting, they started offering esports odds and markets on various games, turning what was once nothing more than competitive video gaming into its sector of online betting.
Esports online betting industry has already surpassed the initial expectations, and if the projections are correct, it could more than double in its size over the next few years. Thanks to changing demographics and more people who enjoyed playing video games as kids now coming of age to bet online that might be true as there really isn’t anything that would stop betting websites from offering esports betting markets.
If you’re a seasoned esports bettor, you should already know all the ins and outs of betting on esports and how it works. But if you’re new to the wonderful world of betting on competitive video games, then you’ve come to the right place! Here is everything you need to know about esports betting and how to profit from it!
Betting on esports might sound like a daunting task if you’ve never done it before, but that isn’t necessarily the case. On the contrary, betting on esports can be very straightforward as long as you understand the basics and are ready to learn. Moreover, if you have at least an elementary understanding of how sports betting works, there is nothing to stop you from betting on esports.
Still, while it’s very simple to get into betting on esports, there are a few important things you need to know about it if you want to have an enjoyable experience and make a profit from it. And just like any betting journey, this one starts with picking a solid betting site.
Just like you need access to a good sports betting site if you want to succeed in betting on sports, you need to register with a good betting site to have an enjoyable experience betting on esports. Preferably, you should have accounts with multiple betting sites for price shopping and take advantage of any welcome bonuses, free bets, and promotions.
Besides picking a solid bookmaker, you have to know what you’re betting on. Just like sports betting can mean betting on any of the sports, esports betting is quite a broad term, including many esports games, each different from the other, with different rules and betting experiences.
After you decide which esports you want to bet on, you have to get familiar with all the bet types that are available to you. If you’re betting on CS:GO, you will encounter different bet types than if you were to bet on LoL, just like there are other different markets for different sports.
If you want the best possible experience betting on esports, these are the things you need to keep in mind. Of course, learning everything requires some time investment, but with our help, you should be on the right track to bet on esports and be successful at it.
Even though esports betting is a fairly young industry, it has developed quite rapidly, largely thanks to sports betting, which has set great guidelines of what it should be. This also explains why there are many different ways to approach betting on esports, yet the three main approaches are betting with real money, skin betting, and fantasy gambling.
Real money betting is the most straightforward way to approach placing bets on esports and is exactly the same as betting on traditional sports. You simply register on one of many betting websites, make your deposit, and place esports bets.
Fantasy betting is nothing new in the world of sports betting, and it’s also readily available for those who want to bet on esports. Fantasy betting sites were one of the first to recognize the potential of esports gambling, and it didn’t take them long to start offering services for esports bettors.
Fantasy betting can be exciting, mainly due to the large prize money and the high potential payout the contests can offer. However, you need to be very knowledgeable about esports first before engaging in the unforgiving world of fantasy betting.
Item and skin betting is essentially very similar to real money betting; the only difference is that you’re not betting with real money but rather with in-game items and skins, which hold monetary value. Most commonly, skin betting is done with Dota 2 cosmetic items and CS:GO weapon skins and on skin betting sites.
Although fairly popular, skin betting can be dangerous due to many shady esports skin betting sites, which are unlicensed and unregulated. So if you wish to try out skin betting, make sure that you do it only on licensed and legal online betting sites.
Know that for the most part, you will come across skin gambling sites, which, unlike sportsbooks, will mostly offer skiing gambling, with roulette, jackpot games, and other skin gambling services. Still, most skin gambling sites also offer traditional betting services.
No matter whether you’re engaging in traditional sports betting or if you want to bet on esports, you must begin your journey on a good gambling site. Although many betting sites will advertise themselves as good, you have to know how to differentiate between those that actually offer some value to you as a bettor and those that don’t.
Admittedly, it is a time-consuming task to find a solid online sportsbook, but there are only a few things you need to keep an eye on:
Is the bookmaker you want to register on legit, safe, reputable, and legal? You should never join a shady betting site, no matter how attractive its deposit bonuses, free bets, and other offers might be. If you want to keep your money and personal information safe, you must register only on legal and licensed gambling sites.
Once you find a list of trusted and licensed betting sites, it’s time to look for esports betting sites that have two key things – competitive betting odds and enough esports markets. The offer of competitive odds is essential if you want to make a long-term profit betting on esports, whereas deep markets grant you access to more bet types and allow you to bet on any esports tournaments you want.
Although not as important as the quality of the odds, it helps if you use an esports betting website that offers betting bonuses, promotions, and other offers. Bonuses and promotions are the best and easiest way to get a bit more value for your money, so there are positives to taking advantage of them.
A good banking department with enough deposit and withdrawal methods is a must in any good betting site, as is a reliable customer support service. You want to be able to move money fast and efficiently just as much as you will want to have proper support at your hand if the site or its services don’t work properly.
If you find an esports betting site that checks all three marks, you have found a perfect website where you can place your esports bet. But it’s advisable that you register with more than one bookmaker, so you can price shop and always bet with the best esports odds.
Welcome bonuses, deposit bonuses, and other promotions are readily available in any sportsbook you visit. Nowadays, seeing a bookie awarding its users simply for registering for an account is more of an industry standard rather than a special feature. But unfortunately, esports-specific bonuses still aren’t available on most online betting sites.
So while you might be wondering where I can find the best betting bonuses for esports, the answer is not as simple as it may sound. Very few betting sites actually offer esports bonuses, and those that do often don’t have good promotions available, largely because esports gambling is often overlooked.
That said, there are many great esports betting sites with excellent bonuses, promotions, offers, awards, and even VIP programs carefully made to cater to esports fans. So even though betting sites with good esports bonuses are hard to come by, they’re there, as long as you know where to find them.
The esports bonuses come in many shapes and sizes, but most commonly, they’re very similar to bonuses you find on sports betting sites. Those include welcome bonuses, deposit bonuses, acca boosts, insurance bets, or big promotions during major esports events.
All the available bonuses are divided into three categories: deposit bonuses, no-deposit bonuses, and freebies, which are generally available on any betting site to various extent. But while you can be sure you will find at least some bonuses, make sure to check the terms and conditions to know whether you qualify for the promotions.
The competitive gaming scene includes many electronic sports or esports, meaning there are more than enough esports games you can bet on. Just like sports betting can include anything from betting on football to Formula One, or even lawn bowls, betting on esports can consist of anything from betting on LoL to King of Glory and everything in between.
League of Legends
Counter-Strike: Global Offensive
Dota 2
Rainbow Six Siege
Valorant
Call of Duty
StarCraft II
Overwatch
Fortnite
Rocket League
Know that there are way more games in the esports world people bet on – some more popular than the others. However, if the history of esports has taught us anything, there is a very good chance we will see new esports titles arise that will introduce something we have never seen before and instantly become a hit among the esports betting community.
The esports gambling industry has developed to a point where it has become very comparable to the sports betting industry in terms of the accessibility of betting markets and the variety of games you can bet on. The popularity numbers are not quite there yet, but if you’re getting into betting on esports, you can rest assured that your experience will be just as good as that of a sports bettor.
And just like there are many different esports you can bet on, the esports betting sites also offer many different ways you can place your bets. Of course, there is nothing shameful with sticking with the traditional match winner or moneyline bet. Still, if you’re feeling adventurous and are in need of more betting opportunities, there are many other markets to explore.
Match winner or moneyline is the simplest and most common wager esports fans make while deciding on what to bet on. It’s readily available on all esports betting sites and is a simple bet on which team or player will win any given esports matches.
It doesn’t get much simpler than a match winner bet and is a perfect bet type for anyone who is just getting into betting on esports. But if it sounds too straightforward and you need a bit more excitement when betting on esports matches, there are a plethora of other bets available.
Handicaps, line betting, or spreads is the most popular bet type in both esports and sports betting, especially in games between two esports teams and players that are not equally matched. Betting sites will offer the line or handicap – essentially a virtual advantage/disadvantage – to level the playing field.
The goal of handicaps is to provide bettors with a betting market that makes the perceived chances of the esports teams/players winning more equal. The handicaps will vary depending on the esports you’re betting on and can include anything from map wins, goals, points, kills, and more.
An over/under bet is a wager in which a betting site tries to predict a number of statistics in an esports match; usually, the number of kills, goals, or maps won. The bettors can then wager whether the actual number will be higher or lower than the offered number.
For example, you can bet on how many kills an LoL game will have, or how many maps a best-of-five series between two CS:GO teams will end up with. The variety of over/under bets is fairly large, and it can include any given statistic in a game.
Prop bets or proposition bets are bets made regarding an occurrence or non-occurrence of a specific esports or sporting event, which won’t directly affect the outcome of the game. For example, a prop bet in LoL would be which team will destroy the first turret or whether a player will get an ACE in a CS:GO match.
Prop bets can be as exotic or unusual as the sports betting sites make them and are often used by esports bettors looking for more thrill in their betting endeavor.
Outrights can refer to multiple different wager types, but most commonly, an outright bet is a bet on which team or a player will be the overall winner of the next esports tournament. An example would be a bet on FaZe Clan to win the next CS:GO Major or Fnatic to win the next Dota 2 The International.
Outrights are readily available on most online esports betting sites and often accompanied by generous odds, offering high potential payouts. This also explains why outrights are very popular in the online gambling world, particularly among those who like to bet on esports tournaments.
Betting on esports might sound very different from traditional sports betting, but that isn’t necessarily the case. Admittedly, most esports titles bare no similarity to any of the conventional sports, but the way you approach betting on either of the two is very alike.
Moreover, most sports betting sites such as BetWay, 22Bet, and Bet365 also offer esports markets, and most esports fans who look for a reputable gambling site settle for one of the more traditional sports bookies. That is because they are more established, and their esports betting market can be better than on self-proclaimed esports bookies.
It’s also important to note that esports markets are generally the same as sports betting markets. Both have moneyline bets, handicaps, overt/under, outrights, and prop bets, and even though you will be betting on different outcomes – goals in hockey and kills in CS:GO – the best work the exact same way.
So if you have experience in sports betting and want to transition to esports betting, you already have a solid foundation to start with.
If you wish to bet on esports, you can either pick between esports betting sites or settle for a sports bookie. Although you can bet on esports on either of them, some differences might make you reconsider picking an esports betting site.
Established, big-brand sportsbooks such as BetWay, Bet365, even William Hill all offer esports betting, and frankly, they do a good job at it. However, there is no hiding the fact that esports betting sites such as GG.Bet, ThunderPick, or Rivalry do a better job at offering esports betting to their users.
Esports betting sites will often have a much wider esports coverage, better quality streaming services, better in-play bet markets, and even special esports bonuses. Moreover, esports betting sites are often designed to cater to gamers and bettors, with special features and offers, just for those who enjoy esports.
On the other side, most esports betting sites are not as established as traditional bookies. Ask yourself – would you rather trust your money with William Hill, a highly reputable sportsbook that was founded in 1934, or an esports betting site that came online three years ago?
While esports betting sites tend to have better coverage of esports events and individual esports matches, traditional bookies often have deeper markets and more available bets. And lastly, sportsbooks will generally have much higher limits, especially if you pick a big-brand sportsbook.
Although there are pros and cons for both esports and sports betting sites, at the end of the day, you have to pick what suits you best. There is no real reason to favor one over the other, as it really only comes down to personal preference and the features you want to see in a betting site you choose.
Everyone can place an esports bet, and anyone can start betting on esports, but not everyone will make a profit from it. For some, that’s not a problem as they use betting more as a past-time activity, but most bettors place esports bets in an attempt to make some extra money.
We’re here to tell you that you can easily make money by betting on esports and becoming an export expert. However, you have to approach it the right way. Here are a few betting strategies and tips that will help you on your betting journey.
The most important thing before you start betting on esports is to register on the best esports betting site that is available to you. The sportsbook needs to have competitive odds and enough markets, and it certainly needs to be legal and licensed.
If you follow these steps, you will be well on your way to making a profit betting on esports. But know that these are just essential tips and that there is a lot to learn if you truly want to become an expert!
Yes, you can gamble on esports. You need first to be old enough to gamble and bet and live in a country or a state where betting is legal. After that, all you have to do is to pick an esports bookmaker, register for an account, and start betting.
The esports industry has grown to become a global phenomenon which has helped it spread all over the world, and it didn’t need long for states to legalize esports betting. As a result, Esports betting is available on almost any online betting site; however, some states and countries prohibit it, so check your local laws before engaging in the wonderful world of esports betting.
Esports betting is completely legal, as long as you’re old enough to bet and live in a country where esports betting is allowed. You must also make sure that you use a legal, licensed, and regulated bookmaker to keep your personal information and your money safe.
