eSports Betting Guide
As a gambling expert with over 23 years of experience in the industry, I’ve seen the world of betting evolve significantly.
One of the most exciting and fastest-growing sectors is eSports betting. In this comprehensive guide,
I’ll be sharing everything you need to know about eSports betting for beginners, including important information, facts, figures, and statistics.
Let’s start learning about this exhilarating world of competitive eSports gaming.
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What is eSports Betting?
eSports, or electronic sports, refers to competitive video gaming where professional players compete against each other, often in organized tournaments.
eSports betting is the act of placing wagers on the outcomes of these matches and tournaments.
With a rapidly growing fanbase and increasing mainstream recognition, eSports betting has become a popular and potentially lucrative market for bettors.
How Does eSports Betting Work?
Just like traditional sports betting, eSports betting involves selecting the winners of individual matches or predicting the overall outcome of a tournament.
There are various types of bets you can place, including moneyline, handicap, and prop bets.
Top 5 Sportsbooks for eSports Betting
To help you get started, I’ve compiled a list of the top 5 most popular online sportsbooks for eSports betting online for real money.
This table provides information on their rank, sportsbook name, bonus & T&Cs, and operating countries.
For the latest sportsbook rankings check out TheSportsGeek, SportsHandle, and TrustPilot review websites. They’re helpful in gaining an informed perspective.
Top 5 Online Sportsbooks
I’ve compiled a list of the top 5 online sportsbooks for esports betting, ranked based on their bonuses, terms and conditions, and operational countries.
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| Rank | Online Sportsbook | License Jurisdiction | Welcome Bonus | Betting Markets | Payment Methods |
|---|---|---|---|---|---|
| 1 | DraftKings | New Jersey Colorado New York Pennsylvania Michigan | First deposit bonus up to $1,000 | NFL, NBA, MLB, Soccer, eSports, Tennis | Paypal, Visa, Mastercard, Bank Transfer |
| 2 | BetMGM | New Jersey West Virgina Wyoming Indiana Tennessee Iowa Mississippi New York Illinois Louisiana Kansas Ohio | Risk free bet up to $1,000 | NFL, NBA, MLB, Soccer, eSports, UFC | Paypal, Visa, Mastercard, Zelle, Bank Transfer |
| 3 | BetMGM | Colorado Michigan Pennsylvania Arizona | Risk free bet up to $1,000 | NFL, NBA, MLB, Soccer, eSports, Tennis, Golf | Paypal, Visa, Mastercard, Zelle, Bank Transfer |
| 4 | FanDuel Fantasy | US statewide | Compete for Cash Prizes | NFL, NBA, MLB, Soccer, eSports, Tennis, Boxing | Visa, Mastercard, Bank Transfer, Paypal, Stripe |
| 5 | Underdog Fantasy | US statewide | 100% up to $100 | NFL, NBA, MLB, Soccer, eSports, Tennis, Horse Racing | Paypal, Mastercard, American Express, Visa, Skrill, Neteller |
Tips for Successful eSports Betting
As a beginner, it’s essential to keep a few key points in mind to improve your chances of success in eSports betting. Here are some tips to help you make informed bets and enjoy the experience:
- Research the games: Familiarize yourself with the popular eSports titles, such as League of Legends, Dota 2, and Counter-Strike: Global Offensive. Understanding game mechanics and strategies will help you make better predictions.
- Follow professional teams and players: Stay updated on the performance of top teams and players, as this information will be crucial when placing bets.
- Use reputable sportsbooks: Stick to the top sportsbooks mentioned earlier or other well-reviewed sites to ensure a secure and enjoyable betting experience.
- Start small and learn: As a beginner, start with small bets to learn the ropes before risking larger amounts.
- Manage your bankroll: Set a budget for your betting activities and stick to it to avoid financial strain.
FAQs on eSports Betting for Beginners
Q1: Is eSports betting legal?
A1: The legality of eSports betting depends on your country’s laws and regulations. In many regions, it is legal and regulated, but be sure to check your local jurisdiction before participating.
Q2: Can I make a living from eSports betting?
A2: While some bettors have found success in making a living from eSports betting, it is challenging and not recommended for most people. Betting should be viewed as a form of entertainment rather than a reliable source of income.
Q3: What are the most popular eSports titles for betting?
A3: Some of the most popular eSports titles for betting include League of Legends, Dota 2, Counter-Strike: Global Offensive, Overwatch, and Call of Duty.
Q4: How do I find the best odds for eSports betting?
A4: To find the best odds, compare multiple reputable sportsbooks and consider using an odds comparison website. This will help you identify the most favorable odds for your chosen bet.
Q5: Can I bet on eSports using cryptocurrencies?
A5: Yes, many online sportsbooks accept cryptocurrencies like Bitcoin and Ethereum for eSports betting. This provides an additional layer of privacy and security for bettors.
Q6: Are there any betting strategies specific to eSports?
A6: While there are no foolproof strategies, some general tips include researching teams and players, understanding game mechanics, and managing your bankroll. Additionally, try to specialize in one or two eSports titles to gain in-depth knowledge.
Q7: How can I stay updated on the latest eSports news and events?
A7: Follow eSports news websites, forums, and social media channels to stay updated on the latest developments in the competitive gaming world. This will help you make more informed bets.
Q8: Are there any risks involved in eSports betting?
A8: As with any form of gambling, there are risks involved, including the potential for financial loss and addiction. Always gamble responsibly and within your means.
Q9: Can I bet on live eSports events?
A9: Yes, many sportsbooks offer live or in-play betting on eSports events. This allows you to place bets as the matches unfold, adding an extra layer of excitement to your betting experience.
Q10: Are there any specific tools or resources to help improve my eSports betting skills?
A10: To improve your eSports betting skills, consider using tools like odds comparison websites, dedicated eSports news sites, and forums where you can discuss strategies and tips with other bettors.
eSports Betting Conclusion
eSports betting is an exciting and growing market that offers beginners a unique opportunity to engage with the world of competitive gaming. By understanding the basics, choosing reputable sportsbooks, and following the tips and advice in this guide, you’ll be well on your way to a successful and enjoyable eSports betting experience. Remember to always gamble responsibly and have fun!