The esports industry is one of the most lucrative in the current day. What people used to look at as nothing more than a pastime for children has become as competitive and funded as other traditional sports.
Considering that there are talks that will likely lead to eventual plans for esports to become an Olympic event, you can understand the level of appeal that the industry has.
If you enjoy betting on sporting events, esports may be an option that you could investigate, assuming you have never explored it before. Below is some useful information that should help you if you wish to go that route, as well as an alternative you can explore to get your betting done if you’re not feeling esports on a particular day.
Understanding Esports
To put things simply, the term “esports” is used whenever there is a competitive video game session being played at the professional level. The fighting game community, for example, has what is akin to an annual world championship in the form of Evo.
Additionally, individual games may have their own sporting events that their players take part in to win tremendous prize pools while going for bragging rights and rankings.
Depending on the game being played, there could be individual or team-based composition. On the individual side, you have games such as DragonBall FighterZ, Tekken, and Street Fighter.
On the team-based side of the spectrum, some of the popular ones include League of Legends, DOTA 2, and even Rocket League.
How Esports Betting Works
With such a lucrative and competitive industry, it would have been unlikely for betting not to be a part of the whole equation. Betting on esports is exactly what it sounds like, allowing you to place a wager on different elements of the game.
You could go with a traditional bet where you try to predict which team or player will come away with the win.
Alternatively, just like you would in basketball, for example, you can even bet on other areas such as who the most valuable player is going to be. Other potential bets include the final score, the score at halftime, which players will be selected, etc.
What Are Some of the Popular Esports Titles in Betting?
Technically speaking, you can bet on almost any major esports competition that is underway. However, you may be interested in ensuring that you’re betting on the big titles. Well, these include:
Tips for Esports Betting
If you are interested in esports betting, there are several tips that you will want to pay attention to if you want to ensure that you’re not throwing your money down the drain. Don’t misunderstand, as the tips are not meant to guarantee that you’re going to win your bets.
Instead, their intention is to ensure that you’re at least betting from an informed and grounded standpoint, instead of randomly throwing money out there.
The first step is to know how the game’s meta works. For example, considering games are always updated and that characters and weapons may be powered up or depowered periodically, you want to understand high-tier versus low-tier player selections, which will likely give you an indication of who may be taking the prize home.
Next, familiarize yourself with the players and teams. As is the case in other sporting events, as more playoffs happen, you find that players and teams are assigned rankings and develop reputations based on their abilities. You must know the underdogs and the most likely winners before you begin to spend.
Another tip is not to simply pay attention to results. Watch the matches and understand the flow of the games that you plan to bet on. While you can read up on a couple of the other tips, there is tremendous value in spending the time to understand the games in this way. You can utilize YouTube videos or visit Twitch live streams to help. Of course, you also want to pay attention to the tournaments themselves.
Finally, don’t go over budget with your betting. One of the quickest ways to put yourself in the worst financial situation ever is to bet outside of your means. Establish a budget that you are willing to lose, and do not bet beyond it.
Are There Good Alternatives to Esports Betting?
Maybe sometimes, you’re not interested in betting on video games. Well, you do have a couple of alternatives that you can explore whenever this happens. First, you can bet on traditional sports, which again, don’t present that much of a difference in flow from esports betting.
Alternatively, you may want to go the live casino route, which uses a live stream table style to allow you to place your bets and try your hand at winning.
Whatever the case may be, simply visit your favorite sportsbook, lock in your bets, and have fun!
This is a paid guest post.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.
