Essential Tips for Successful Esports Betting: A Beginner's Comprehensive Guide
Esports are competitive video games played in tournament settings. They have exploded in popularity over the last decade and offer many betting opportunities.
In order to maximize your chances of winning, it’s important to understand how the different types of bets work. The most common type of bet is on a match winner, which is similar to placing a football bet.
Betting on eSports
While eSports betting may seem simple, there are still several different factors that you need to consider in order to achieve the best results. For starters, you should always set a budget and only wager amounts that you can afford to lose. This will help you avoid making mistakes and ensure that your winnings do not exceed your losses.
In addition to standard bets on match winner, many online esports bookies offer a number of other betting markets for players. These include live betting options, which allow bettors to place their bets while events are in progress and take advantage of any changes that may occur during the course of a match.
Another popular option is a systems bet, which is a type of accumulator bet with two or more selections. This type of bet offers higher payouts than a regular accumulator and is a great way to increase your chances of winning. Lastly, some online esports bookies offer trebles and quadruples as well.
Types of eSports bets
The esports betting guide offers an extensive range of wagering options, from the simple match-winner bet to complex accumulator bets. These can be a great way to get more involved with the action, and the payouts can be decent. If you don’t want to take on a full acca, there are also other types of bets that can offer better odds, such as doubles and triples.
Another popular type of eSports bet is the First Kill bet, which is a wager on who will win the first kill in a specific game. In addition, many online betting sites now offer eSports live betting, where you can place bets on matches while they are underway. These bets can include anything from the outright winner of a tournament to individual bets on players or games, such as CSGO or League of Legends. However, be aware that these bets are riskier than standard pre-match betting and should be kept to a minimum.
Odds on eSports bets
In general, eSports betting odds work similarly to sports betting odds. They are displayed in variations of the same format and require the use of the same formula to calculate your chances of winning as a percentage and your potential winnings should you bet correctly. However, there are some differences, particularly when it comes to eSports over/under bets.
In a nutshell, over/under bets allow you to place wagers on how many maps a team will win in a best-of-three series. The odds are set by online betting sites, and you can make them either for or against a particular number of maps.
The odds are updated in real time, and you can track them easily by using a website like Oddspedia. This site also offers a free eSports betting calculator to help you shop around for the best odds and maximize your profits. Just remember to gamble responsibly and never risk more money than you can afford to lose.
Legality of eSports betting
Esports betting is a new concept that is gaining popularity. It is not regulated in many states and some people are concerned about its legality. However, there are tips that can help you stay safe while betting on esports.
The most common form of esports bet is the match winner bet. This is based on the result of a match and can be placed on any game. You can also place handicap bets that can improve the odds of a clear favourite team.
You should always bet with a licensed and regulated bookmaker. This will ensure that you are protected if the site goes bust. The UK Gambling Commission and Malta Gaming Authority are two of the most respected licensing bodies that offer esports betting. In addition, some European countries such as Denmark and Spain also have licenses for esports betting sites. However, some websites use unlicensed gambling operators to offer their services. This is not a good idea.