In this article, we will be answering some of the most frequently asked question regarding eSports betting. By the end of this article, we sincerely hope that we have replied to most, if not to all the questions. The purpose of the article is to make beginners aware of what is eSports in general and how can you excel in it. So let’s get started.
What is eSports betting?
eSports betting is very simple. A person can find a site where they can bet on the eSports events. Judging by the popularity of eSports, it is not surprising that the options of wagering are increasing tremendously. Of course, anyone looking for a site to bet at should look and see that the places they are going to are legal in their countries. It might be easy to find a spot that is located offshore.
Who can bet on eSports online?
Who can bet on eSports online?Acquiring access to Betting in eSports is just like betting on traditional sports. The usual rules and restrictions which apply on traditional sports wagering apply to eSports betting as well. If you happen to live in the UK then you have to be at least 18 to be involved in eSports betting, whereas in the USA this would mean eSports gambling is currently prohibited.
And no it not necessary to be a gamer to bet on eSports anymore. Online streaming platforms like Twitch and YouTube offer streaming coverage for free, where you can catch all the action. This will help you to gather all the information you need about these games without ever having played eSports at all.
Why bet on eSports?
The community of eSports is growing massively, which is expected to excel the community of traditional sports in the years to come. It has been estimated that over 150 million viewers watch eSports worldwide.
It has also been estimated that the community of eSports has excelled so much that, the eSports fans are on par with ice hockey fans, and by the end of 2017 it is predicted that the number eSports fans will be on par with American Football fans.
As e-sports have grown over the last few years, the gambling in this industry has grown alongside it and this has opened a whole new market for betting that is attracting brand new people to the betting market with its exciting opportunities and the enhanced enjoyment of watching e-sports.
Where can I bet on eSports online?
If the world of gaming has contributed to one trend in the last year or two, it is the rise and rise of e-sport betting. It has become renowned and many websites have popped up. While new websites are coming on the scene launching exclusively for eSports, the traditional sports betting sites are updating themselves to eSports betting.
The growth of eSports betting is quite fascinating. It has been speculated that by 2020, the worth of eSports betting industry will be over $250 million.
The projection of such sort of money makes eSports betting one of the largest sports betting markets in the world. In some of the sportsbooks, it is already in top ten.
Such projections have pressured famous bookmakers to form exclusive eSports betting platforms. There are also a number of specialist bookies who specifically target the e-sports betting industry.
This only means that you have a wide market of bookmakers to choose from, which includes some of the best bookmakers like gg.bet, Betway.com, Betfair, Pinnacle etc.
The industry and eSports betting is dawning and is nowhere near the peak of its prevalence, which indicates that it is only a matter of time before this resistant industry-turned-mainstream phenomenon takes the United States and the rest of the world by cyber storm.
Do I have to know about eSports to bet on it?
Except for some basics, there is no need to know much about eSports. And you really don’t have to spend hours playing the or even have to be a good player to bet on eSports. Many people bet on football, rugby and many other traditional sports who don’t play the games themselves.
Also, you don’t have to be a die-hard eSports enthusiast as there is a lot of information available on the web which can help you in your betting research which includes information regarding tournaments and matchup to get better predictions about the outcome of the match.
However, if you have no basic knowledge of the eSports title you are wagering on or never even spectated a match then, this is obviously going to have an effect on your ability to place the best bets.
Which countries allow eSports betting?
Usually, eSports betting follows the same rules and regulation that are applied to traditional sports betting, so the same restrictions are also applied. So, you have no chance of betting on the online games if you happen to live in the USA. While in Europe you can wager as long as you are 18 or over.
E-sports betting is also affected by the bookmaker you choose to place your bets with as they will need gambling licenses in many countries in order for them to take bets from those countries. The bookmaker will have their own checks to ensure you can place your bets in your country.
Can I bet on eSports on my mobile?
You can do it easily without any problem whatsoever. Most of the well reputed have mobile friendly websites and some even have mobile apps. However, the experience can vary from bookmaker to bookmaker.
If you are new to eSports betting, then you should first check out bookmaker reviews which will most definitely help you to choose the best bookmaker that will accede to your personal requirement. Some of the bookmakers that have incredibly mobile friendly websites are gg.bet, Fanobet, Pinnacle.
Where to watch eSports games?
Twitch.tv is the best site to not only stream but also to spectate live eSports games. This happens to be an exclusive platform for players of every category, from amateurs to pros to broadcast themselves to the world. Most major live tournaments will stream live on Twitch.tv.
To establish self firmly in the business, some betting sites have also launched their exclusive betting platforms. So, the members of the site won’t have to go anywhere else to keep an eye on their investments.
Another great place to watch e-sports games live, and a newcomer to the market, is YouTube Gaming. This is an expansion of the classic YouTube platform we know and love that allows gamers to stream their matches.
What are the best odds for eSports?
The best odds are more like a relative term and it is basically just about the number more than anything. If you are offered even odds on a bet for one team to win a match, but they are dead certs for winning it, then that is good value.
If you happen to get odds synonymous to 5/2 to wager on another team, who is bound to lose, it just not a good enough value and you will end up throwing money away.
If you would like to know more about odds and how to bet well then you should check out eSports exclusive betting platforms about what are e-sports betting odds, or you can look at some of the online available bookmaker’s guides to see who offers the best odds on the whole.
What do odds mean and how do they work?
The objective of the given is to indicate the probability of a bet winning. The give the people who are wagering an idea, that how much they will get in return if they manage to win the wager.
Normally there are two methods that the betting site use to display odds, fractional and decimal. The more traditional method is the Fractional one, where odds are displayed like 4/1, or 10/3. These same odds represented as decimal odds would be 5.00 and 1.33 respectively.
For more on odds and how they work you should check out online available bookmaker guides on what are e-sports betting odds.
How much can I win betting on eSports?
Your staking bankroll is the only thing that limits your potential, how well you can learn the odds and play around the values of the odds, and how well you are in predicting the results of the on-going or upcoming matches.
Many people believe that the house always wins, that you can never beat the bookmaker but it can easily be proven wrong if you are well equipped with the knowledge of wagering and how well you can adapt to the changes of not only the betting industry but also the eSports industry.
What to look for in eSports team when placing bets?
When selecting a team on which you want to place your bets, there are a number of factors to look out for. The first thing to look for are the squad changes, that whether the team has changed any players in their roster. You should also look at their recent form and their form against the team they are playing in the match you are betting on. The match/tournament odds are the final thing to check. Based on your research are the odds being offered.
How much can I bet on eSports?
Across the ups and down in the journey of betting, you can bet as much or as little as you like on eSports.
In the market, there are some bookmakers that might cap the amount you can place on a single bet or the amount of money you can withdraw from a single deposit, but other than that it is actually about how much you are comfortable with spending.
How to choose an eSports betting site?
In order to choose a betting platform that fulfills your requirements, you should not settle for the first bookmaker you find on the internet.
You might be interested in betting opportunities, like betting on who gets the first odd number of kills in the game. Or you might like the site with the best odds or if you are a fan of bonuses then look for a site that keeps on giving bonuses on every occasion.
The best way for you to choose the right e-sports online bookmaker for you is to check out eSports betting guides.
How do eSports betting bonuses work?
The bonuses offer by different bookmakers vary from time to time, though something remains the same no matter what. Like bonuses to the newcomers of the site. As soon as you register for the bookmaker, additional cash will be deposited to your account. The amount of cash offered varies from site to site. Or on some of the sites, they require to first deposit a particular amount before the site grants you additional bonuses.
To ensure you get the latest and best deals, check all the legitimate bookmaker. Make sure you receive the best bonuses for the best bookmakers which are available to you.
What is in-play betting?
To meet the expanding requirement of the growing community of eSports betting, the bookmakers have developed an additional feature, one of which is in-play betting.
In order to encourage members of the site to watch more games, bookmakers introduced Esports in-play betting. This allows the members to place bets after the match has begun but not after the game has ended.
This is a great of making the member aware of what is actually happening on the field of play, rather than looking on what on happening on the paper. You can assess your team’s performance and from that evaluate whether it is safe to bet on them in the future matches.
This is also great for the enthusiasts of eSports who can get great additional profits from the game, quickly and effectively.
How do I place an eSports bet?
In order to start your eSports betting experience, first, you will have to register for a suitable bookmaker and deposit some cash into your account. To place an e-sports bet you first need to register with a bookmaker online and deposit funds into your account.
Once the funds are transferred to your account then you will able to browse through the on-going and upcoming matches and will select the team that has odds in your favor.
Select your bet and this will be added to your betting slip. You then just need to add your stake (how much you want to bet) and click the submit button to place your bet.
All of these FAQs are designed to increase the fan growth in the Esports community. Many people who bet on the traditional sports are moving towards the Esports betting since it is mainly predictable as compared to the sports section. Along with that, the odds offered for the Esports tournaments are relatively good as compared to the traditional sports due to the difference in the amount of people wagering.
If you have any additional questions, feel free to ask and we will try our best to correspond to the query as soon as possible.