Sports Betting is a popular entertainment format for people of all genders and ages, while the main audience of bookmaker clients are men, there is a gradual increase in the number of women who are also interested in betting on various sporting events and beyond.
Since 2020, the popularity of esports betting has begun to skyrocket.Esports has an impressive number of disciplines involving famous teams and individual players. Such events are not just something you want to watch, but also predict the winners.
There are heroes and stars in esports who have gained popularity among viewers who try to be the best in esports and win awards. But new players are emerging, young athletes who can beat even the most obvious favorite. It makes esports fun and exciting. And betting is becoming more popular.
Do you want to try your hand at inserts for certain electronic sports disciplines? Then it’s worth finding out what eSports is and how it differs from the usual format of sports betting. Let’s give a lot of useful advice and answer the most interesting, important questions.
Contents
- 1 What is eSports
- 2 The distinction between traditional sports betting and eSports betting
- 3 What they usually bet on in eSports
- 4 Selecting a platform for betting on eSports
- 5 How to Start Betting on Esports: Instructions for Beginners
- 6 Legal status of esports bets
- 7 Deposit and withdrawal: from classic currencies to cryptocurrencies
What is eSports
Electronic eSports is a format for competition between players or teams in various computer and console games.
Professional athletes are becoming more popular and well-known, and some are becoming on par with famous athletes. This is a relatively new competition format that is based on video games.
The esports community hosts its own unique tournaments, championships and competitions aimed at identifying top players in different disciplines. Events like these attract incredible crowds to watch the battles with pleasure, as well as bet on favorites.
The distinction between traditional sports betting and eSports betting
When it comes to the technical nuances of betting on eSports and traditional sports, there are no major differences. The only difference is the betting options that players can use at various bookmakers.
Therefore, eSports fans can go to any bookmaker’s website or install an application, select a section with cyber competitions, find a line of interest and bet on this or that event.
Given the rapid growth in popularity of esports, many famous bookmakers began to create special sections dedicated to this competition format.
The advantage of betting on e-sports is that you don't have to be a professional athlete to figure out a particular discipline yourself. Each player can download the game, play it, evaluate the principles and capabilities of different characters, try out different modes, and so on. It's easy to find data on teams and cyber athletes via the Internet, monitor their career, and understand how much chance they have of winning the upcoming tournament or taking high positions in the championship.
What they usually bet on in eSports
This segment also has its most popular disciplines, as do traditional betting. When it comes to video games, it is most often betting during tournaments and championships in such cyber disciplines:
- Counter Strike GO;
- Dota 2;
- Valorant;
- Call of Duty;
- FIFA;
- NBA;
- 2K;
- Mortal Kombat and others.
Regular tournaments, championships and qualifiers are held to determine the best teams and cyber athletes, there are tournaments such as the Major in CS GO, winning which is comparable to triumphing at the FIFA World Cup.
To reach the finals of the main eSports tournaments, teams and e-athletes go through selections. You can’t just become part of top tournaments. This requires regular victories, increased ratings, and so on.
It’s not for nothing that there is also the concept of a transfer market here, when players move from one team to another. Esports athletes have sponsors, multi-million dollar advertising contracts, etc.
Selecting a platform for betting on eSports
To start betting on your favorite eSports formats, it's important to choose a safe and reliable site first. How to do it correctly?
The first thing to do is check if you have a license on the site. Bets on unlicensed sites are always a huge risk of running into a scammer and losing hard-earned money.
The second point of choosing a site is the presence of an eSports section. If a bookmaker pays enough attention to cyber sports competitions, betting here will be not only interesting, but also profitable.
To choose a reliable site, read the terms, look at the proposed ways to receive funds won and top up your gaming account. Remember to read reviews online and study the ratings of a particular bookmaker. If you are satisfied with the terms, the company is officially registered and has a valid license, feel free to make a trial first bet and check your own strengths in the field of forecasting.
Different eSports Betting Options
The betting options in the e-sport segment are very varied, and the number can reach 200-300. Much depends on the specific discipline in which you want to try your hand as a forecaster.
But experts identify several of the most common types of bets:
- Exodus - Player's task is to predict the winner within a single game or tournament;
- Total Total Rounds won, Cards, Murders committed or other game metrics;
- Fora: It's betting on the team's advantage or lag in the number of rounds won, cards, kills made, and so on;
- Results on a specific map or round.
Therefore, the optimal solution is to choose the cyber discipline you like and explore the list of presented betting varieties for it. The betting options may depend not only on the video game itself, but also on the competition format, tournament conditions, number of cyber athletes and the conditions of the bookmaker where you plan to place a bet.
How to Start Betting on Esports: Instructions for Beginners
If you've never had to bet in the world of cyberspace before, but want to try your hand, then we offer a short step-by-step instruction for beginners:
- learn the video game you like best;
- review the video, current information about tournaments, leading teams;
- try playing on a PC or console;
- select the legal bookmaker site through which you can place a bet;
- study the cyber athletes or teams that will take part in the tournament;
- set aside a fixed amount to bet, but not sacrifice a lot of money;
- place the simplest and most understandable bet;
- watch the result and get a win.
Beginners shouldn't start with difficult types of bets and throw money around that you can't afford to lose. When a player doesn't have experience, doesn't know enough about sports disciplines, making successful first bets is difficult. So it's preferable to start with small bets and simple outcomes. Let's assume that a strong team is playing against an outsider. And in this situation, you shouldn't take risks and bet on obviously weak participants.
Feel the taste of victory, begin an in-depth analysis of eSports and then learn to make complex and more exciting bets, while remaining as confident as possible in the correctness of your decision.
Legal status of esports bets
The rules for bookmakers are established through internal regulations, as well as taking into account the requirements and laws of the country where they work. Therefore, bets on eSports, as well as on traditional sports, are recommended only through legal bookmakers.
How do you know if a bookmaker is working legally? It has a valid license issued by the states that issue the relevant permits. Licenses of specific organizations are valid in different countries.
Cybersport is as legal a betting discipline as football, basketball, hockey or boxing, so such bets are absolutely legal and controlled by the laws of the land When choosing legal bookmakers, users don't have to worry about the legality and security of the players' data under reliable protection, and winnings will be credited to the account.
Deposit and withdrawal: from classic currencies to cryptocurrencies
The stakes in the eSports segment are technically no different from traditional sports. Therefore, players can use the methods available on the bookmaker’s website to top up their game account and receive the money they earn.
In most services, deposit and receipt of funds is implemented using the following tools:
- bank cards;
- money transfers;
- electronic wallets;
- cryptocurrency;
- replenishment through payment terminals and so on.
The cryptocurrency segment is developing at a rapid pace, and many bookmaker websites are opening up the opportunity to top up your account and withdraw winnings through the Bitcoin system and a number of other types of cryptocurrency. Around the world they believe that legalizing cryptocurrency is necessary, and this will be beneficial.
E-Sports Betting Bonuses
Not all situations require risking your own money to bet on a particular type of eSports Official bookmakers offer new and regular players enjoyable bonus rewards.
Objectively, the most popular kind is the registration bonus. The user does not need to fulfill any requirements or replenish the deposit - you will need to go through the registration procedure, after which the bonus will be credited to the gaming account.
They also give bonuses for the first deposit. Moreover, the amount of bonus payments directly depends on how much the player replenishes the game account. Additionally, eSports fans earn bonus incentives for their birthday, for loyalty, for one or another number of bets made, and so on.
The bonuses themselves come in the form of money, bonus funds, points and more. Bonuses have rules for wagering developed and approved by bookmakers. This means that you cannot earn a bonus and immediately withdraw a prize to your own bank account. These rules are prescribed for each bookmaker, which should be studied in detail on the site when using bonuses.