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Betting on Electronic Sports
Although electronic sports date back to the 1970’s, this is just now starting to catch on with the mainstream public. Also known as esports, this is a form of sports in which the game is facilitated by an electronic system, such as a video game console.
There are many genres associated with electronic sports, with the following among the most popular: fighting, real-time strategy, sports, multi-player online battle arena, and first person shooter.
Those who are interested in playing electronic sports may soon find that wagering on these games is just as much fun. With this, you don’t have to be involved as a player in order to come out on top. All you have to do is successfully select the winner of a particular matchup or tournament.
Where to bet on Electronic Sports
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Electronic Sports Betting Events
When it comes to esports betting, one of the first things you must do is become familiar with the many tournaments that take place throughout the year. These can and will vary, with some attracting more attention than others. These include:
- League of Legends World Championship
- The International
- The Evolution Championship Series
- The Battle.net World Championship Series
- The Intel Extreme Masters
Once you understand the finer workings of these events, among others, you will have a better idea of how to place winning wagers.
Win Big when you Bet on Electronic Sports
Just the same as any other sport, the amount of money you can win depends on the type of bet you place, the amount of the wager, and the odds.
Your potential winnings have nothing to do with the prize money and salaries paid to competitors. Instead, you are dealing directly with sports books that take bets on these events.
How to Place Esport Bets
Once you decide to bet on esports, it is time to walk through the process for the first time. While every bettor will implement a different strategy, there are three basic steps you must take:
- Select a sportsbook that takes bets on electronic sports
- Review upcoming matchups, events, and odds
- Place a wager based on your research
This is a straightforward process that does not take a long time to master. Once you are comfortable with these three steps, it doesn’t take long to place your first wager and watch the action unfold.
Electronic Sports Betting Odds
As you get involved with electronic sports betting, it is important to find a sports book that explains each matchup and odds in simple terms. Once you understand the basics in regards to the odds, you can dissect each bet to determine which player or team gives you the best chance of success.
Here is a basic example that you may come across on an electronic sports betting website:
Team A: -1.5, Money line: 1.440
Team B: +1.5, Money line: 2.830
In this scenario, team A is favored to win. This means that a winning wager on this team will payout less than an identical winning wager on Team B. Of course, odds aside, your goal is to select the winner.
Electronic Sports Betting Tips
Due to the recent growth of electronic sports betting, more people than ever are betting on these games. However, due to the fact that there is not as much information available, it can be difficult to feel confident in your ability to place a winning wager.
There are tips you can follow, such as those below, that increase your chance of winning:
Understand what you are betting on. Unlike other games, such as football and basketball, the rules of betting on esports are unique. This is a relatively new way of betting, so you need to fully understand what you are getting involved with.
Research as much information as possible. Let's face it, you will probably have to dig deeper for information on electronic sports than you would others. This does not mean that the information and data is not available, however. For example, your sports book may be able to share a variety of details with you. From betting odds to team and player statistics, this is what you are looking for.
Track your success and failure. There will be times when you win as well as times when you lose. It is imperative to track what has happened in the past so that you can better plan for wagers in the future.
Get involved yourself. If you are going to bet on esports, you should consider playing on your own. This will give you a better idea of what a game is all about, which will come in handy when placing a wager on it.
With competitions across the globe, electronic sports betting is available to a large population. If you are eligible to place online wagers on electronic sports games, this information should help you get started.