A Helpful Guide For Esports Betting Beginners In 2022

esports betting

Esports betting is the practice of placing bets on competitive video game tournaments, also known as esports. These tournaments typically feature professional players competing in popular games such as League of Legends, Overwatch, and Counter-Strike: Global Offensive.

Online Esports betting has grown in popularity in recent years, with a significant increase in the number of betting sites offering odds on esports tournaments and matches. Some of these sites are traditional online sportsbooks that have added esports to their offerings, while others are dedicated esports betting platforms.

There are several factors to consider when placing bets on esports. One of the most important is the skill level of the players and teams. It is important to research the players and teams, including their past performance and any roster changes that may have taken place.

Another important factor is the game itself. Different games have different mechanics and strategies, so it is important to understand the nuances of each game before placing a bet. This includes understanding the maps and objectives, as well as the various roles and strategies used by the teams.

In addition to traditional betting on the outcome of a match or tournament, many esports betting sites also offer prop bets. These are bets on specific events or occurrences within a match, such as which team will get the first kill or which player will get the most kills.

Esports betting can be a fun and exciting way to engage with competitive video gaming. However, it is important to gamble responsibly and only bet what you can afford to lose. It is also essential to choose a reputable and trustworthy betting site to ensure a fair and secure betting experience.

There are many esports betting sites available, and the popularity of each can vary depending on the region and the specific games and tournaments being offered. Some of the most popular esports betting sites include:

  1. Betway Esports: This site offers a wide range of esports betting options, including odds on major tournaments and matches in popular games such as League of Legends, Dota 2, and Counter-Strike: Global Offensive.
  2. Unikrn: This esports-specific betting platform offers odds on a variety of games, including League of Legends, Overwatch, and Call of Duty. Unikrn also offers live betting and prop bets on specific events within matches.
  3. Arcanebet: This site offers odds on major esports tournaments and matches in games such as League of Legends, Overwatch, and Counter-Strike: Global Offensive. Arcanebet also offers a variety of deposit and withdrawal options and has a user-friendly interface.
  4. Buff.bet: This site offers odds on a wide range of esports, including popular games such as League of Legends, Overwatch, and Dota 2. Buff.bet also offers live betting and a variety of deposit and withdrawal options.
  5. Pinnacle: This well-known online sportsbook offers odds on major esports tournaments and matches in games such as League of Legends, Overwatch, and Counter-Strike: Global Offensive. Pinnacle has a reputation for offering competitive odds and a wide range of betting options.

It is important to research and compare different esports betting sites to find the one that best meets your needs and preferences. It is also essential to choose a reputable and trustworthy site to ensure a fair and secure betting experience.

Withdrawal Options:

The available withdrawal options for esports betting sites can vary depending on the specific site and the region in which it operates. Some common withdrawal options include:

  1. Credit/debit card: Many esports betting sites allow users to withdraw their winnings to their credit or debit card. This is typically a fast and convenient option, but some sites may charge a fee for this service.
  2. Bank transfer: Some esports betting sites allow users to withdraw their winnings via bank transfer. This option may take longer than other methods, but it is generally secure and reliable.
  3. E-wallet: E-wallets such as PayPal, Skrill, and Neteller are often accepted as withdrawal options by esports betting sites. These e-wallets allow users to quickly and securely transfer their winnings to their accounts.
  4. Cryptocurrency: Some esports betting sites allow users to withdraw their winnings in cryptocurrencies, such as Bitcoin or Ethereum. This can be a fast and secure option, but it may not be available on all sites.
  5. Check: Some sites may offer the option to withdraw winnings via check. This option may take longer to process and may not be available in all regions.

It is important to check the available withdrawal options for a specific esports betting site before placing a bet. Some sites may have limits on the amount that can be withdrawn, and fees may apply for certain withdrawal methods. It is also important to ensure that the site is reputable and trustworthy to ensure a secure and fair withdrawal process.

Placing bets on esports betting sites is generally straightforward, but the specific process may vary depending on the site. Here is a general outline of the steps involved in placing bets on esports betting sites:

How To Get Started With Esports Betting

  1. Choose a reputable and trustworthy esports betting site: It is important to choose a site that is licensed and regulated, has a good reputation, and offers a wide range of betting options.
  2. Create an account: Most esports betting sites require users to create an account before they can place bets. This typically involves providing personal information and verifying your identity.
  3. Deposit funds: Before you can place bets, you will need to deposit funds into your account. Most esports betting sites accept a variety of payment methods, such as credit/debit cards, bank transfers, and e-wallets.
  4. Select a game or tournament: Once you have funds in your account, you can browse the available betting options and select a game or tournament to bet on.
  5. Choose a bet type: Esports betting sites offer a variety of bet types, including bets on the outcome of a match or tournament, prop bets on specific events within a match, and live betting during a match.
  6. Enter the amount of your bet: Once you have selected your bet type, you will need to enter the amount of your bet. Be sure to only bet what you can afford to lose.
  7. Confirm your bet: Review your bet and confirm that the details are correct before placing it.

Plus Minus and Fractional Esports Betting

In sports betting, the terms “plus” and “minus” are used to indicate the point spread or the odds of a particular outcome occurring.

  • A “plus” sign (+) indicates that the team or player is an underdog in the matchup and is expected to lose. For example, if the point spread for a basketball game is +6, it means that the team with the plus sign is expected to lose by six points. If you bet on this team and they win or lose by fewer than six points, you will win your bet.
  • A “minus” sign (-) indicates that the team or player is the favorite in the matchup and is expected to win. For example, if the point spread for a football game is -3, it means that the team with the minus sign is expected to win by three points. If you bet on this team and they win by more than three points, you will win your bet.
  • In terms of odds, a “plus” sign (+) indicates higher odds and a greater potential payout. For example, if the odds for a particular bet are +150, it means that for every $100 you bet, you will win $150 if the bet is successful.
  • A “minus” sign (-) indicates lower odds and a lower potential payout. For example, if the odds for a particular bet are -200, it means that you will need to bet $200 to win $100 if the bet is successful.

It is important to understand the meaning of the plus and minus signs when placing bets, as they can have a significant impact on the potential payout and the risk involved.

Fractional and decimal Moneyline betting

In esports betting, Moneyline odds are used to indicate the probability of a particular outcome occurring and the potential payout for a successful bet. There are two main formats for expressing Moneyline odds: fractional and decimal.

Fractional odds are expressed as a ratio, with the first number representing the potential payout and the second number representing the stake. For example, if the odds are 5/1, it means that for every $1 you bet, you will win $5 if the bet is successful. Fractional odds can also be expressed as a negative number, with the first number representing the stake and the second number representing the potential payout. For example, if the odds are -200, it means that you will need to bet $200 to win $100 if the bet is successful.

Decimal odds are expressed as a decimal number, with the first number representing the total return for a successful bet, including the stake. For example, if the odds are 3.00, it means that for every $1 you bet, you will win $3 if the bet is successful. Decimal odds can also be expressed as a negative number, with the first number representing the stake and the second number representing the potential payout. For example, if the odds are -2.00, it means that you will need to bet $2 to win $1 if the bet is successful.

It is important to understand the different formats for expressing Moneyline odds, as they can have a significant impact on the potential payout and the risk involved in a bet. Some esports betting sites may offer the option to view odds in either fractional or decimal format, while others may only offer one or the other.

Types of Esports betting

There are several different types of bets that can be placed on esports tournaments and matches. Some of the most common types of bets include:

  1. Outcome bet: This is a bet on the outcome of a specific match or tournament. The odds for this type of bet will be based on the perceived skill level of the players and teams involved.
  2. Prop bet: Prop bets are bets on specific events or occurrences within a match. These can include bets on things like the first team to get a kill, the number of kills a specific player will get, or the team that will destroy the first tower.
  3. Live betting: Live betting allows users to place bets on a match while it is in progress. The odds for live betting will often change as the match progresses, based on the current score and the perceived likelihood of a particular outcome occurring.
  4. Special bets: Some esports betting sites may offer special bets on events such as player transfers, parlays, and the outcome of a specific round in a tournament.

It is important to research the players and teams, as well as the game itself, before placing a bet. This can help you make informed decisions and increase your chances of winning. It is also essential to gamble responsibly and only bet what you can afford to lose.

Conclusion

In conclusion, esports betting has become a popular activity for many competitive gaming enthusiasts. It allows fans to engage with their favorite games and tournaments in a new way and potentially win money by making informed bets. There are many esports betting sites available, offering a wide range of betting options on popular games such as League of Legends, Overwatch, and Counter-Strike: Global Offensive.

It is important to choose a reputable and trustworthy site, as well as to research the players and teams and the game itself before placing a bet. It is also essential to gamble responsibly and only bet what you can afford to lose. Overall, esports betting can be a fun and exciting way to engage with competitive video gaming, but it is important to do so safely and responsibly.

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