In recent years, Esports betting has rapidly gained traction, offering fans a unique way to engage with their favorite games and teams. With the rise of competitive gaming, betting on eSports has evolved into a vibrant market where fans can place wagers on matches and tournaments in games like League of Legends, Dota 2, and CS:GO.
But what is esports betting actually, and how can newcomers start participating in this dynamic world of bets? Well, here is absolutely everything you need to know before getting started with eSports betting on trusted platforms like 777Live Casino.
First of all, What is Esports betting?
Sports betting is the act of risking money on the outcome of a sporting event or any aspect of a sporting event. The goal is to turn a profit.
In other words, Esports betting refers to placing wagers on the outcomes of competitive gaming events. Much like traditional sports betting, eSports betting allows fans to make predictions on various aspects of professional video game competitions. These competitions take place globally, attracting millions of viewers and creating a unique betting ecosystem around titles such as Fortnite, Valorant, and Overwatch.
By betting on eSports, fans can place wagers on aspects like the overall match winner, game objectives, or individual player achievements. eSports betting can involve single matches, full tournament outcomes, or specific in-game events. It’s a way for fans to both engage with the action and test their understanding of the games they love.
Types Bet on Esports
Betting on esports is very similar to betting on any of the other traditional sports. We offer betting odds on all the biggest esports games, giving you several ways to win real money while watching these events. Let’s have a look at some of the popular bet types on esports games:
Win Bets
If you love the simplicity of a certain wager, then Win bets are your best friends. Just like moneyline odds in traditional sports, this is a lining that decides which of the two sides will win the match. There is no spread to be bothered with as far as this sort of wager is concerned; just your team has to win, and the bet becomes successful. These bets are unlike Parlay bets, so pay attention to the odds because that will determine how big of a payout you’ll receive.
Spread Bets
Just as in traditional sports, such as football or basketball, an esports Spread bet evens out the chances between the two match participants. This is a great wager option if you’re looking to bet on the favorite, but the Win bet odds are too steep. It should be noted that not all of the esports titles will have point spreads available, so be sure to check the Bovada Sportsbook to see what options are available for each game.
Wager on Totals
Another extremely popular option is total betting, but they are applicable only to some titles, such as Counter Strike Global Offensive or Dota 2. Similar to traditional sports, these bets give you the opportunity to avoid taking sides and bet over or under on the set total score from odds makers.
Prop Bets
As one can come to assume, there are so many different ways that prop bets can be made or created with esports. One of the more popular growing prop bets in terms of popularity goes to betting on the correct score for any official league or tournament matchup. If you can correctly nail down the exact score between the two competing sides of the match, then you’ll have yourself a nice return of investment.
Futures Bets With numerous leagues and tournaments running throughout the year across the globe, the esports Futures market is filled to the brim with betting options. Be it a team winning the DreamHack Finals playing Starcraft or a team winning the Horizon Cup for Wild Rift, these future bets can give loads of excitement for your buck.
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How Can You Bet on Esports?
Choose a Reliable Platform
Selecting a trusted platform like 777Live Casino is crucial. A licensed and regulated platform will definitely ensure the safety of punters, provide them with a non-biased betting environment, and give them varied options to place bets on different eSports. Founded mostly based on providing secure betting with detailed options on several eSports, 777Live Casino is a great starting point for both beginners and experienced bettors.
Explore Betting Markets
Each title offers unique betting markets. For example:
- Match Winner: Bet on the team you think will win a specific match.
- Map Winner: Predict which team will win a specific game map (common in games like CS
- and Rainbow Six).
- First Blood: Place a bet on which team will secure the first kill, especially popular in games like League of Legends and Dota 2.
- Total Kills/Score: Bet on the total number of kills or points achieved by a player or team.
=> Read more: Tips to increase your winning rate in Esports betting.
Learn Game-Specific Rules
Each one of them will come with unique mechanics, objectives, and playstyles, so understanding the unique rules for each of them before any form of betting is essential. For instance, CS focuses on tactical team-based play, whereas in a title like Fortnite, the theme revolves around battle royale gameplay, where one will place wagers on who remains alive. It helps to understand the differences, allowing you to make more informed betting choices.
Teams and Players Analysis
The other important thing is research in Esports betting. Knowing the recent performance of a team or player, their playstyle, and strengths can greatly improve your chances of winning. Keep up to date with recent match outcomes, player statistics, and head-to-head records, as this information proves to be vital for potential betting outcomes.
Place Your Bet and Follow the Action
Now, once you’ve done your research, it’s time to place that bet. Bettors at 777Live Casino can follow through on a live event, especially fast action games. Several other portals facilitate in-play bets, where, in turn – and as the game unfolds – one adjusts their bets in real-time.
=> Read more: What are the most popular Esports Games for betting?
Final thoughts
Esports betting brings a new dimension of interaction to the gaming community, allowing fans to participate in the excitement of competitive gaming. By following the guidelines above and choosing a reliable platform like 777Live Casino, you can dive into the world of eSports betting with confidence.
