Are you new to esports betting, or someone that has no experience in how the betting world works and wants to learn something new? Look no further! In this esports betting guide, you’ll find key betting strategies all esports bettors should know and learn how you should approach wagering on esports from our team of betting experts.
What Is The Best Esports Betting Strategy?
Everyone who gets involved in the esports betting industry does it for one simple reason – to make a profit – so it makes sense that everyone wants to know about the esports betting strategies that will help them reach that goal.
But while looking for esports betting strategies is a great way to start your esports betting journey, you have to realize that there is no such thing as a betting strategy that will guarantee you will make a profit in the long run while betting on esports (or is there?). Instead, there are steps or esports betting strategies that will increase your chances of succeeding and get you one step closer to securing profits while betting on esports bookmakers.
10 Key Betting Strategies For Beginners
If you’ve never bet on esports before, it might sound like a daunting task, but it doesn’t have to be like that. But, admittedly, there are steps you’ll have to take before you place your first esports bet.
First, you will have to learn a thing or two about Counter-Strike: Global Offensive, League of Legends, Valorant, or any other esports game you intend to bet on. Then you have to get familiar with the esports odds, get a firm grasp of what they mean, and familiarize yourself with the esports betting markets.
And once you have the basics down, you can consider starting to bet on esports. But first, it helps if you learn a few tips, tricks, and strategies that will help you along the way.
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Follow The Esports Scene
If you want to bet on esports games, it’s highly beneficial if you’re a fan of the esports world and closely follow the scene. Keeping up to date with the recent news from the esports world and following the teams and esports players closely is a great way to get valuable information that will help you on your betting journey.
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Focus On The Esports Game You Know Best
The esports world includes a plethora of games, from FPS titles such as Counter-Strike: Global Offensive, Valorant, and Call of Duty to Multiplayer Online Battle Arena (MOBA) esports games like League of Legends and Dota 2, or even sports simulations in FIFA, and many more. Even though all games belong in the esports scene, they’re not quite alike, and following every available esports title is a bit too demanding, even for the biggest esports fans or bettors.
It is possible to bet on various esports game genres and succeed at it, but you should take it one step at a time. First, learn how to bet on one game and learn everything about it. Then, once you’re comfortable betting on it, consider expanding to more esports titles.
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Play The Game
Naturally, if you want to bet on any esports game and be good at it, you need to know a thing or two about the game itself, mainly how it’s played. Although you can learn all that from simply watching professional games or Twitch streams, the learning process is much quicker if you play the game yourself.
You don’t have to aim to become one of the top players in the game you want to bet on, and you don’t even have to be good at it. Spending some time playing the game to get a firm grasp of how it is played and the game’s concept is more than enough to get you started, and it will not only help you find better esports bets but also follow esports teams while they compete in esports tournaments.
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Pick The Best Esports Betting Sites
Although there is no esports betting strategy that is the best, this one is undoubtedly the most important. In the same way, you need to find a solid sportsbook if you intend to bet on traditional sports, you should find a solid, reputable, and safe esports betting site if you wish to bet on esports and succeed at it.
Finding a good esports betting site is the first and most important step on your esports betting journey and one that many new esports bettors tend to overlook. You must pick a safe, reliable, and licensed bookmaker to ensure that your money and personal information are safe, but also a bookmaker with enough betting markets and competitive odds.
By beginning your esports betting journey on a good betting site, you’ll set yourself up for success, but as we’ve learned in our other betting guides, it is beneficial if you register with multiple best esports bookmakers so you can price shop and take advantage of betting bonuses. And that brings us to our next esports betting strategy.
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Take Advantage Of Esports Betting Bonuses
Any betting site you’ll register on will have at least one esports betting bonus – at the very least, a welcome promotion, which often comes in the form of a matched deposit bonus. Some bookmakers will also have other promotions such as odds boosts, free bets, reload bonuses, and special esports betting promotions during major events.
The variety and the number of bonuses available will vary from bookmaker to bookmaker, and while you don’t have to explicitly look for betting sites with the best bonuses, you should always take advantage of any offer that is available to you.
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Trust Your Judgement
If you’re new to betting on esports, you’ll need some help getting started. Obviously, the first steps – learning how to read odds, understanding the games, and learning how the esports betting world works – are something you’ll have to do on your own, but when it comes to placing esports bets, looking for online esports betting tips will come in handy.
There are a plethora of online services that offer betting tips and previews, and while finding a reliable website that can offer solid betting previews can be time-consuming, it will be beneficial to your esports betting journey.
However, once you feel confident in your esports betting knowledge and your ability to predict games, you should trust your judgment instead of blindly following online betting tips. Reading online betting previews is still beneficial, as they’re a great source of information that will help you find value bets, but at the end of the day, you should bet only on what you feel confident in.
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Explore Esports Betting Markets
If you’re new to esports betting, sticking to simple wagers such as match winner esports bets is recommended, as it will allow you to learn how betting on esports works with smaller steps. But once you grow more confident, you should start exploring everything the esports betting markets offer.
Much like traditional sports, esports offers plenty of different bet types, from outright bets, handicaps, totals, accumulator bets, and anything in between. Even though moneyline bets are the most common and simplest to use, you’ll often find better betting opportunities using other bet types – even proposition bets – so don’t be afraid to explore what esports betting online has to offer.
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Consider Live Betting
Live betting isn’t for everyone, but it offers you a new and exciting way to place esports bets and enjoy the wonderful world of esports betting differently. Nowadays, any esports bookmaker will have live betting options and live streams of the games available.
Live betting, in contrast to pre-match betting, is both more exciting and potentially more profitable if done correctly. Since esports bookmakers often struggle to adjust the in-play odds to accurately display the current game state, finding value in in-play betting markets is fairly easy for experienced bettors, which also explains why in-play betting has become so popular of late.
Although live betting requires strong knowledge of the game and a keen eye to predict how the esports match will play out, anyone can do it, and with enough practice, anyone can find a winning bet.
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Set A Plan And A Budget
An essential esports betting strategy, but often overlooked or ignored by new bettors, is being able to set up a plan and a budget. Many consider esports or sports betting an easy way to make a profit, largely due to all the advertisements showing how someone made it big with an accumulator bet. But the reality is that making money from placing esports bets isn’t as straightforward as it may seem.
Betting is a form of investment, and you should treat it as such, so do not expect to become rich overnight or to turn some pocket change into a fortune. Instead, approach betting with a well-structured plan, a solid esports betting strategy, and, most importantly, a budget.
The best way to avoid losing money on esports betting is to set aside some cash which you intend to use to bet on esports titles. Most importantly, you should only bet with the money you can afford to lose – betting can be highly volatile, with winning and losing streaks that will either make or see you lose a lot of money.
With the right betting strategy, you can avoid losing, but you should keep in mind that there is no such thing as an esports betting strategy that will help you win every esports bet.
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Always Look For The Best Odds
Before you place a bet on any esports match, you should make sure that you’re getting the best odds. This is not so much of a strategy as common sense, as betting with better odds will ensure higher profits.
As noted above, you stand to access the best available betting odds by using decent betting sites that can offer competitive odds and enough markets. Moreover, using multiple esports betting sites will further help you find the best prices by price shopping i.e. looking through the available offers on esports matches and placing wagers at the best odds.
Even if you have the option to bet at odds that are just 0.05 higher, the seemingly marginal difference can add up in the long run. A $100 bet at 0.05 higher odds will net you $5 more profit. And over the course of 100, 1000, or 10000 bets, that adds up to $500, $5000, or $50000.
Biggest Mistakes New Esports Bettors Make
Now that we have covered all the things you should do and know while esports or sports betting, it’s time to take a look at a few key mistakes most new esports bettors make.
Not Understanding The Game
The general rule of thumb is that you should never bet on any esports game you know nothing about. Even if you have access to online betting previews for League of Legends, you should consider learning a thing or two about the game first before you start betting on it.
This is especially true if you intend to bet on live matches since it makes no sense to risk your money gambling on something you don’t understand.
Betting Without A Plan
if you want to get involved in the esports betting scene and be successful, you have to have a plan. Set a bankroll, decide what you want to bet on, and find an esports betting system that will help you achieve your goals.
Remember that there is no such thing as a secret betting system or strategy that will guarantee you profits. Instead, you have to learn the basics, set up a plan, and follow it.
Chasing Losses
Before you start with esports or traditional sports betting, you have to realize that there will be losing streaks. Even the best and most successful bettors will lose consecutive bets, and there is nothing you can do about it.
But while you can’t change the volatility esports betting brings, you can prepare yourself for it. The sooner you come to terms with the fact that you will have to endure losing streaks, the better off you’ll be, but most importantly, you should never chase your losses.
It’s very easy to get emotional after losing consecutive bets, but increasing your esports wagering stakes in hopes of making money back will never lead to anything good. Stick to the plan, and you’ll make back the money you’ve lost – if you have approached esports betting the right way, winning streaks will come the same way as losing streaks; when you least expect them.
Can I Make A Profit Betting On Esports?
You can’t be promised to make a profit betting on esports, as many factors will determine your success as an esports bettor. However, if you’re wondering whether it is possible to make some side money betting, the answer is a resounding yes.
Many bettors profit from wagering on esports, and you don’t have to have a special gift or find a hidden formula or a special esports betting system to become one of them. Admittedly, making a profit from esports betting isn’t simple, nor is it something everyone will do. But if you set your mind to it, learn the basics and follow our betting strategies, you’ll be well on your way to becoming a proper esports bettor.
You can profit from esports betting, but just like any other thing, it will require a time investment, determination, and sacrifice.
Should I Bet On Esports?
If you want to become a bettor, there are many betting options – you can bet on sports, esports, politics, and even the weather or results of TV shows. But while there are many ways to enjoy betting, esports betting might be the most exciting one.
Esports betting is still a fairly new concept and a very niche betting industry for some. But across the last decade, the esports betting industry has been growing rapidly, largely thanks to the increased popularity of competitive gaming. And even though the esports industry is still fairly young, it already has a strong betting scene that continues to attract new bettors.
So if you’re a fan of esports and are looking for something new to bet on or are simply looking for a way to spice up your esports viewing experience, then esports betting might be for you. And who knows, maybe you will manage to turn it into a lucrative hobby.
FAQ
Which Esports Betting Strategy Is The Most Profitable?
There are many ways you can approach wagering on esports, but there is no single best way that is the most profitable. Instead, you should look for solid bets across multiple markets and pick the bet accordingly to what you believe is the best choice.
Is It Easy To Bet On Esports?
Yes, betting on esports can be fairly easy, but if you haven’t done it before, it will require some time investment so you can learn the basics. Understanding the esports betting odds and markets is essential if you want to make a profit. But once you have the basics down, betting on esports can be both simple and exciting.
What Is The Best Esports Betting System?
No esports betting system can guarantee you profits, and you shouldn’t spend time looking for one. Instead, you should focus on learning the basics and approaching esports betting the right way.
