E-sports online betting is a BIG deal. The (relatively) betting category has a slow start but has accelerated over the past two years. The growth is so explosive that it is estimated that the global E-sports online betting market will reach nearly $ 30 billion by 2020.
This is a huge number, especially when you can see that E-sports is still “not popular” to a certain extent. Today, E-sports has a huge fan base. But this number is nothing compared to the number of fans of traditional sports like football, rugby and tennis. Apart from the fans, many don’t know what E-sports is. Of course, they don’t know anything about E-sports online betting either.
In the E-sports online betting guide, this section is for people who are completely new to E-sports and here, we will explain the sport branch and what it involves. Let’s take a quick look at the concept of E-sports.
The term E-sports is an acronym for “electronic sports” and it refers to competitive video games. We are simply talking about people playing video games fighting each other in a match. This, of course, is nothing new. It has been happening in our homes ever since the first computers and gaming consoles were born.
Millions of people around the world are enjoying their favorite video games with friends and family.
There was a time when the ONLY way to play video games against a “real” opponent was to sit in front of a gaming machine. However, today we can also play via the Internet. This means that from within our home, we can fight someone from anywhere in this world.
According to many reports, there are more than ONE BILLION players playing video games in one form or another. This is a great statistic, showing how popular video games are. Of course, not all gamers are playing against other players, because there are still some people who like to play alone. But the fact that many people like to play against real opponents is undisputed.
The majority of these gamers are “amateur gamers”.
Amateur gamers usually only play video games for entertainment. Many people participate in online tournaments and play in organized competitions but in the end, they play for fun. Although these amateur and informal tournaments are still technically ranked E-sports, the term is often used to refer to the professional context.
Yes, the context of professional video games does exist. This might surprise you if you don’t know E-sports yet, but it’s 100% right and its scale is HUGE. If you’re a gamer, then you’ll know that amateur gaming can be very competitive, but professional E-sports is at a higher level. In some of the biggest tournaments, teams and players compete against each other for millions of dollars in prize money.
Professional E-sports tournaments are usually held in stadiums, in front of live audiences.
These leagues NOT ONLY attract live audiences, but there are also millions of other fans around the world watching the competition via streaming services like YouTube and Twitch.tv. Even major TV networks have joined the broadcasters, including ESPN that broadcast E-sports tournaments on their channels.
E-sports online betting for new players
After you understand what E-sports is (or you understand before), you are ready to learn about E-sports online betting. We recommend starting with the following articles, which explain the basics of E-sports betting that you really need to know.
Introducing E-sports online betting
There are several different ways to bet on E-sports. The following are the most common options.
- Bet real money
- Skin bet
- Social betting
- Fantasy betting
- Betting challenge
The following is a brief summary of each of the above options.
Bet real money
This is the form of E-sports online betting closest to traditional sports betting, the way betting is like you bet on a football match, boxing or a golf tournament. We bet real money at the accepted odds and we get paid if the correct selection is made. We can bet on all types of results, including the winner of a match and the final winners of the tournament.
The following are photos showing some of the betting markets for an upcoming match in League of Legends tournament.
Skin betting, also known as item betting, is a very popular form of betting among the E-sports fan community. Many modern video games have a virtual currency system and other items that can be transferred between players, assets hunted by avid gamers. As a result, more auction sites and exchange sites have sprung up, where players can buy, sell and trade items and money for other things in some popular video game titles.
There are also betting sites where players can use items and money to gamble. Players can use them to bet on the outcome of an E-sports tournament instead of real money and they can also be used in other forms of gambling. For example, there are websites where you can use items to play probability games like roulette or even just toss a coin.
Some sites have a jackpot game, where a number of players can place items in a jar and the winner of the entire jar will be selected at random. You can read more about this betting form on the following page.
Social betting is quite common in the E-sports community, friends or acquaintances online can bet happily with each other on the outcome of events. Bets are usually made with money, but usually, people bet on skins or other items. The terms are mutually agreed and settled upon by it.
This is not a type of betting that we recommend you take part in because betting with real friends is often not a good idea as this can lead to bickering and friction. But betting with people you only know online is really risky because you are not sure whether you will win or not.
Technically, this is not a bet because it is like every day fantasy sports for traditional sports, but we will build the lineup with E-sports players.
You don’t know anything about fantasy sports every day? Don’t worry, there’s no need. Just read the following article and you will immediately know.
Also known as head-to-head betting, this is a form of betting where players compete against real money, items, or skins. Many gamers simply organize bets in groups.
After that, they settled the reward after the competition. There are also websites that host slightly more formal competitions, where players and / or teams will pay entry fees to compete and the winner will be rewarded with the money from that fee.
These different options are worth your consideration, although there will be options that are more suitable for you. For example, you don’t have to be in a betting game if you’re not a gamer yourself.
For many, E-sports online betting with real money is the best opportunity to have regular and regular profits. For the same reason, our guide will focus on this type. The tips and tricks we provide in the next section apply to this type of E-sports betting.
Betting and play E-sports online betting tips
Knowing how to bet on E-sports is one thing, but knowing how to EARN MONEY from E-sports online betting is a completely different story. There are many things you need to know if you want to get ahead of the house and get total profits. You also need a lot of patience and you need to put in a lot of time and effort.
Are you ready for this challenge? Great! So we can definitely help you. Just remember that E-sports betting is NOT BEST to earn money. There is absolutely nothing wrong with betting for fun.
Having established this point, we will talk about things we can help you with. The first thing to mention is that there is a LOT of similarities between E-sports and traditional sports betting. For this reason, there are a few articles in sports betting guides that we recommend reading. We have listed the articles below. Although they are geared towards traditional sports betting, the information and tips in this article will definitely help you when you are betting on E-sports.
- Understand the odds and payout
- Bankroll management & simple betting plans
- Find the value in odds
- Effective research & analysis
- Information storage & performance analysis
- Compare odds & lines
Read more : https://top10bettinglist.com/