It’s no secret that betting on sports is a popular pastime for many people. And with the rise of esports, it’s only natural that some would want to try their luck at betting on these competitions as well. But if you’re new to the world of esports betting, it can be hard to know where to start and, obviously, you’ll want to develop an esports betting strategy.
What’s the best way to increase your chances of winning? How to pick matches and leagues, and how to create a perfect betting slip? Here’s a look at some basic tips for getting started in esports betting.
Understand the Game You’re Betting On
If you’re thinking of getting into esports betting, it’s important to have a good understanding of the games you’ll be betting on. Different games have different rules and objectives, and knowing how each one works will give you a big advantage when it comes to placing your bitcoin bets. Here’s a quick guide to some of the most popular esports games:
League of Legends: League of Legends is a 5v5 multiplayer online battle arena game that has been one of the most popular esports games for many years. Two teams compete to destroy the other team’s base, with each player controlling a single character with unique abilities. Some of the League of Legends betting tips are betting on the first kill, betting on tower takedowns when you see that one of the teams has an obvious advantage, and placing a bet on Baron kill right after one team uses Recall.
Dota 2: Like LoL, Dota 2 is a 5v5 MOBA game where two teams try to destroy each other’s bases. However, there are some key differences between the two games, from the pool of playable characters, their skills, to special mechanics like denying gold or EXP by teams killing their own creeps and towers. Betting is very similar, though, especially when it comes to in-play bets.
Counter-Strike: Global Offensive: CSGO is a first-person shooter game where two teams compete against each other in short matches. The objective of the game is simply to eliminate the opposing team or complete the map objective within a time limit. As for CSGO betting tips, we recommend learning each team’s favorite maps, as well as their rotations, so you can make appropriate bets during the match.
Fortnite: The most popular battle royale game sees 100 players drop into a giant map, trying to collect weapons and gear, while eliminating each other. Only one player is the winner in each Fortnite match. You can bet on the first elimination, or the winner of the match, usually. Also, we highly recommend reading each tournament’s rules to learn more about the formats, as this is subject to frequent change.
Knowing the basics of how these games work will give you a big advantage when it comes to betting on esports. For each video game, the betting tips are different, so knowledge is your strongest weapon. You can learn more about specific games and strategies by reading official websites, or simply by watching the matches on Twitch.
Look for Value in the Odds
In any given esports match, there are always going to be some clear favorites and underdogs. To make things more interesting (and to give betters more opportunities to win), betting sites will release what are called “odds.” These odds represent the likelihood of one team or player winning, and can be expressed either as a decimal (e.g., 2.00) or as a fraction (e.g., 1/2).
In general, the lower the number, the higher the chance of that team or player winning. For example, if Team A has odds of 1.50 and Team B has odds of 2.50, it means that the chances of Team A winning are greater than Team B’s.
Of course, these are just estimates – anything can happen in an esports match! But, knowing the odds can give you a better idea of where to place your bets. It’s not like you’re rolling dice online; these odds are still based on actual results, helping you develop a proper esports betting strategy.
When betting on esports, it’s important to look for value in the odds. This means finding bets where you think the chance of winning is higher than what is implied by the odds. For example, if you think that Team A has a 70% chance of winning their match against Team B (even though the betting odds might only give them a 60% chance), then placing a bet on Team A would be considered finding value in the odds.
Of course, it can be hard to know what the “true” odds of winning are for any given match. This is where doing your own research comes in – by reading up on the teams and players, you can get a better sense of their strengths and weaknesses, and how likely they are to win in any given match. You can also find value by betting on underdogs, which can often lead to higher payouts if they end up winning.
Always Use a Reputable Esports Betting Site
One of the most important esports betting tips is not about the games or the matches, but the betting sites. When placing bets on esports, it’s important to only use a reputable and trustworthy betting site. There are a lot of scams out there, and you don’t want to end up losing your hard-earned money to one of them.
The best way to find a reputable esports betting site is to do some research and read reviews from other users. You can also check out our list of recommended esports betting sites for more information. Remember – if something sounds too good to be true, it probably is!
Be Cautious of Match Fixing
Now, a combo of an esports betting tip and a general precaution – always do your best to determine whether there’s match-fixing going on.
Match fixing describes a situation where two or more players or teams conspire to rig the outcome of a match in order to profit from bets placed on that match. While this might sound like something that only happens in the movies, match fixing is, unfortunately, a reality in the world of esports.
If you suspect that a match has been fixed, it’s best to avoid betting on it. While there’s no sure way to know for sure if a match has been fixed, there are some red flags to look out for, such as unusual betting patterns or sudden changes in the odds.
If you see anything suspicious, it’s best to err on the side of caution and steer clear from betting on video games where such activity happens.
Be Aware of Your Local Laws
Laws regarding betting can vary from country to country, so it’s important to be aware of the laws in your jurisdiction before placing any bets. In some countries, sports betting is completely banned, while in others, it may be subject to restrictions.
If you’re not sure about the laws in your area, it might be best to avoid betting on esports altogether. After all, it’s not worth risking legal trouble just for the sake of a few bets!
Know Your Limits
When betting on esports and developing esports betting strategies, it’s important to know your limits and only bet with money that you can afford to lose. It can be tempting to bet more than you can afford in an attempt to win big, but this is a risky proposition and is not recommended.
It’s also important to remember that you will not always win your bets. No matter how much research you do or how confident you are in your picks, there will always be a certain amount of luck involved in any given match. As such, it’s important to accept that you will sometimes lose money when betting on esports.
This is why one of the most important tips for esports betting is to think of it as a form of entertainment, and not as a way to make money. By setting aside a fixed amount of money that you’re comfortable losing, you can ensure that you won’t end up in financial trouble even if your bets don’t always pan out.
Keep It Fun!
At the end of the day, betting should be about having fun and enjoying the games. So long as you remember to stay within your limits and only bet with money that you can afford to lose, there’s no reason why you can’t have a great time doing it. Have fun, and good luck!
What is the most successful betting strategy?
There is no surefire strategy for esports betting, as different people may have different approaches that work for them. However, some general tips that may help you win more often include doing your research, only betting with money you can afford to lose, and setting limits for yourself. Of course, knowing the ins and outs of the esports in question helps a lot when deciding what to bet on.
What is the best betting strategy for esports?
First and foremost – learn about the esports you want to bet on. Analyze teams, their matchups, as well as different strategies and their past plays. Bookkeepers may provide odds, but your knowledge of the esport will get you further than any superfluous number.
How do you win esports bets?
The best way to win esports bets is to do your research and only bet on the matches that you feel confident about. It’s also important to remember that you will not always win and to accept that losses are a part of the process.
Should I bet on esports?
If you enjoy watching and betting on esports, then there’s no reason why you shouldn’t do it. However, before putting together an esports betting strategy, keep in mind that you shouldn’t go for it if you’re only in it for the money – you might risk losing more than you afford. Esports and esports betting should be a fun activity.