League of Legends Skin Betting
Betting with skins is in many ways similar to traditional esports and sports betting, but they’re not quite alike, with the former offering you an alternative way to approach betting on your favorite League of Legends betting site. In this article, we will cover everything there is to know about LoL betting and how skin wagering works, how to approach it, and which is the best LoL betting site.
What Is League of Legends
League of Legends is a popular multiplayer online battle arena (MOBA) video game released by Riot Games in 2009. As one of the first games in its genre, LoL quickly started gaining popularity and is nowadays one of the most played online games in the world, boasting over 150 million active players.
Like any MOBA game, LoL is a team-based video game where two teams of five players compete against each other to achieve the ultimate goal – destroy the opponents’ main building, also known as the Nexus. In the game, each player takes control over one of +175 playable characters (champions), with a unique set of skills and abilities that dictate the champion’s role in the game.
Besides the generous variety of playable characters, LoL also features in-game items which players can purchase with the in-game currency (gold) to strengthen their champions or aid their allies.
As a game that is simple to learn and hard to master, LoL is known for its high skill ceiling, which helped it gain immense and develop a healthy competitive scene, turning LoL into one of the biggest names in competitive video gaming scene. And it wasn’t before long that LoL also found its spot in the online esports betting scene, where it resides as one of the most popular esports to bet on.
What are League of Legends Skins?
League of Legends might be very different from most other esports games, but like most free-to-play video games, it also offers in-game transactions. To keep the competitive integrity intact and not introduce a Pay-to-Win model, the things you can buy in LoL with real money remain skins or cosmetic items.
These do not make your champion stronger but only change their appearance, sound effects, or the look of abilities. Notably, some skins are considered to give a competitive edge due to tough-to-see models or ability visuals. Still, besides some exceptions, LoL skins’ only purpose is to allow you to customize your champions.
Notably, unlike in-game items and skins in Dota 2 and Counter-Strike: Global Offensive, League of Legends skins are not tradeable. Once you buy them, they’re yours and yours only – you can not trade them with other players.
How League of Legends Skin Betting Works?
Esports betting has become a huge industry over the last decade, and while most esports betting is done with real money, some LoL betting sites also accept skin betting. The two work similarly but are slightly different, mainly in the way you can fund your League of Legends betting account.
Betting with skins is not nearly as popular as real money betting, but it’s readily available on a plethora of League of Legends betting sites, which will accept your skins as a deposit method. That is possible because some in-game skins have actual value; granted, that doesn’t hold true for LoL.
Since LoL skins are untradeable, it is impossible to bet with LoL skins. However, you can still bet on LoL with skins because all skin League of Legends betting sites offer LoL markets and will accept your bets.
However, if you want to bet on LoL with skins, you’ll have to own Dota 2 and Counter-Strike: Global Offensive skins and items – which, unlike LoL skins, actually have value and are tradeable. Some esports bookmakers also accept Rocket League items, but for the most part, esports skin bookmakers only accept CS:GO and Dota 2 in-game items.
Is League of Legends Skin Betting Allowed?
Yes, skin betting is legal and allowed as long as you bet on legal, licensed, and regulated skin betting sites. Note that there are many scam bookies, so make sure you only pick between licensed sportsbooks with a good reputation.
The Best League of Legends Skin Betting Sites
There are many online skin League of Legends betting sites you can pick from, but know that not all will offer you the same quality experience. Moreover, it’s not hard to stumble upon a scam site, particularly if you’re looking for a skin betting website. Admittedly there are far more scam skin betting sites than regular esports bookmakers, but that doesn’t mean there aren’t any good ones.
Some of the top betting sites that accept skins you should consider registering on include:
Know that there are way more solid skin wagering sites out there, so if you’re not into betting on normal LoL betting sites, there are plenty of other options to choose from. But remember to only pick between trusted LoL betting sites.
League of Legends Skin Betting Bonuses
Betting bonuses, promotions, free League of Legends wagers, and other offers have become an industry standard, and every LoL bookie will have them. Notably, some esports betting sites will have better bonuses than others, but every betting site will have some available.
The most common betting promotion is the welcome bonus, available on most betting sites, and it usually comes in the form of matched first deposit bonus up to a set amount. Besides the welcome bonus, you can also expect to find acca boosts, free bets, reload bonuses, risk-free bets, odds boosts, and many more.
Skin bookies and esports betting sites offer some of the best League of Legends betting bonuses in the industry, so you can rest assured that you’ll come across some great promotions. And if you do, don’t hesitate to take advantage of them.
Betting bonuses and promotions are the best and easiest way to get some extra value for your money, and you can’t really say no to free wagering cash.
League of Legends Skin Betting Odds
If you want to bet on League of Legends, you have to know how to read LoL betting odds. If you have some basic understanding of how betting works, that should come as second nature to you, but even if you’re new to the world of esports betting, learning how to read League of Legends odds is pretty simple.
The main thing you need to know about LoL odds is that they show the implied probability of an event happening – most commonly the team’s chances to win. Besides that, you have to keep in mind that League of Legends bookmakers offer different odds on the same games.
For example, GG.Bet could price TSM to defeat Team Liquid at 2.10, while Duelbits will have TSM priced at 2.20. These odds discrepancies are very common in the esports betting world, and you as a bettor should do your best to spot them. Betting at the best odds – in this case with DuelBits – will guarantee you the highest possible payout, which will set you up for success long-term.
League of Legends Skin Betting Types
Before you can bet on LoL, you have to understand what LoL odds mean and get familiar with various bet types available to you before you can decide on your League of Legends betting tips. There are many bet types for League of Legends and a plethora of betting markets, so you can be sure you’ll be able to bet on whatever you like.
Note that some bookies have a much better offer of betting options than others and offer different betting markets. However, League of Legends markets on all esports skin bookmakers will cover the most popular bet types, some of which we will take a look at here.
Moneyline is the simplest and most straightforward bet you can make on an LoL match. With it, you’re simply predicting which LoL team will win the match, and it doesn’t matter how they do it or how long it takes them to win – the only thing that matter is the final outcome and which team will emerge as the match winner.
Handicap betting, also known as spread betting, involves bookmakers giving the favored team an imaginary disadvantage (handicap) they have to overcome and an imaginary advantage to the underdog team. In League of Legends, handicaps are most commonly in kills and maps won, where the favored team needs to win the game with X amount of kills or win the series by at least two maps.
Totals (or over/under) betting in LoL works the exact same way as totals betting in sport. With this bet, you’re predicting a number of a specific statistic in the game – whether it will reach the predetermined value or not. The most common totals bets in LoL are total kills, total maps, and total towers destroyed.
An outright bet is a bet placed on the outcome of League of Legends tournaments or events, as opposed to a single bet on an individual match. The most common outright bet is on which team will win the next LoL tournament – such as which team will win the next LoL World Championship or who will be crowned the League of Legends European Championship champion.
Best League of Legends Events To Bet On
Thanks to League of Legends’ healthy competitive scene, there is always something to watch and bet on, providing you with the ultimate esports betting experience. With over 12 leagues across the globe, LoL competitive scene is alive throughout most of the year, except for the short break after the LoL World Championship.
Admittedly, not all competitions, leagues, and events are held at the same status, with some far more popular than others. Still, even lesser leagues and competitions have solid coverage on most sportsbooks, keeping the League of Legends community satisfied.
So if you’re looking to enter the wonderful esports gambling world, you won’t be satisfied with the betting options on multiple leagues available to you. Still, you should know that some major tournaments and leagues have much better coverage by online sportsbooks, including:
League of Legends European Championship (LEC)
League of Legends Championship Series (LCS)
League of Legends Pro League (LPL)
League of Legends Champions Korea (LCK)
League of Legends World Championship
League of Legends Mid-Season Invitational (MSI)
If you’re looking to bet on either of the five, you won’t struggle to find ways to place bets. But know that even lesser competitions – besides the major tournaments and top leagues – have adequate coverage on online sportsbooks.
Skin Betting vs. Traditional Betting
Skin betting and traditional betting on esports are pretty similar in many aspects. Both involve you risking money betting on certain outcomes, and in both cases, you’re using an esports betting site. But the key difference is what you’re staking.
With traditional betting, you will be wagering with real money, while skin betting involves risking in-game items and skins. However, there is some overlap between the two since you have to use real money to buy skins – you have to invest real money to fill up your skin inventory, so you can easily lump skin betting in the same category.
Fundamentally, betting with skins and traditional esports betting are similar, but there is one more key difference that any esports bettor should know. Unlike skin bookmakers, many traditional bookmakers are available online, making traditional betting far more accessible. That doesn’t mean that it’s undeniably better, but if you’re looking for accessibility, traditional esports betting comes out ahead.
So which one should you choose? In the end, it comes down to personal preference.
Traditional betting with real money is more streamlined if you’re in it to make some extra cash, but if you’re betting on LoL in hopes of getting in-game items and skins, then skin betting might be better suited for you. You might also prefer skin betting if you’re after rare skins and want to build up your character inventory, displaying all the in-game items you have to your friends.
From a strictly betting perspective, there isn’t much to separate the two – besides the availability of gambling sites where you can bet with CS:GO and Dota 2 skins. Both offer the same markets and even accept in-play bets, so if you’re into live betting, you can do it with either real money or skins.
But while you are deciding between the two, remember that you can not bet with LoL skins.
League of Legends Betting FAQ
Is skin betting legal?
Yes. Skin betting is completely legal and readily available, as long as you’re betting on a legal, licensed, and regulated skin betting site. Of course, you also need to be old enough to legally bet on esports and make sure that esports betting is allowed in your country.
Can you bet on LoL?
League of Legends betting is not only allowed but also easily accessible. As one of the world’s most popular esports titles, LoL receives good coverage from all esports bookmakers. A plethora of skin gambling sites will offer LoL betting markets, including in-play betting options.
Where can I bet on League of Legends matches?
You can bet on League of Legends games on essentially any LoL betting site and even on traditional bookmakers. Having established itself as one of the most popular esports in the betting world, LoL is covered exceptionally well by all gambling sites, namely the major leagues and tournaments.
Which are the best LoL Skin betting sites?
There is no clear best LoL skin betting site, but there are many great skin bookmakers you can choose from, including Casino 500, CSGOEmpire, CSGOPolygon, Duelbits, and CSGOPositive.
Can you bet on esports with skins?
Yes. Betting on esports with skins is called skin betting and is available on many betting sites. Note that you can only bet with skins (or in-game items) from esports games where in-game items are tradeable, namely Counter-Strike: Global Offensive and Dota 2 skins.