Betting on esports has become a popular new hobby. Daily matches happen, and bookies offer odds on every competitive gaming aspect. We are here to help you navigate the complex esports betting world and place your first stake in esports!
We provide all the necessary information to give you an edge in betting. This comprehensive guide covers how to bet and the legal considerations – can you bet in your location? It also discusses important factors to consider when selecting the best eSports betting sites. So, if you’re interested in betting on your favourite esports title and you came here looking for the best esports betting sites, this article has what you need. If, on the other hand, you want more betting tips, keep reading our guide to esports betting for a more in-depth approach.
Is eSports Betting Legal?
You can place esport bets as long as it is permitted in your country and you are of legal gambling age. A reputable bookmaker will verify your age, identity, location, and payment methods once you have opened an account.
We have all heard of unlicensed and unregulated gambling sites, which are illegal and provide no protection. Therefore, always ensure that your betting site is licensed and regulated before betting on esports. Do not trust any site without a license, such as some skin betting sites, as a valid license and regulatory authority ensure fairness in esports.
When looking at esports betting online, look for the more strictly regulated licenses – UK Gambling Commission, Malta Gaming Authority, Gibraltar Gaming Ordinance, and Isle of Man Gambling Commission. These are far more difficult to acquire and will hold bookmakers for your esports betting to higher accounts than the way easier to get hold of licenses from the Curacao Gaming Control or Antigua and Barbuda Gaming Division. If you are new to esports betting, there is a good chance you might require assistance setting up your account and making your first bet.
How Does eSports Betting Work?
To grasp the concept of placing bets on eSports, it is essential to understand how eSports betting works. Initially, eSports competitions involve competitive video game matches between two teams or individuals. Betting sites gather various esports tournaments and enable you to wager on the match of your choice.
Some popular eSports games include Counter-Strike Global Offensive, Valorant, Leagues of Legend, Dota 2, Overwatch, Rocket League, and Fortnite. Like traditional sports betting, online eSports betting requires researching the betting markets and comparing odds before making a wager. It’s important to note that most betting platforms allow live betting on esports and offer live streaming services. As a result, there has been a rise in specialized eSports betting websites, many of which provide competitive betting odds.
If you want to bet, you may need to be more familiar with betting on traditional sports. Still, once you become familiar with esports, you’ll realize that wagering on esports events is no different than betting on sports like soccer, basketball, or horse racing. To place your bet, you usually need to click on the desired odds that will be added to your betting slip. Then, deciding how much you are willing to stake on your esports bet would be best.
So, how exactly do you place and win an esports bet? It’s essentially the same as placing and winning a traditional bet! Select the esports market you’re interested in and review the odds to ensure it meets your requirements. What sets esports betting apart is the increased interactivity with communities, live streaming, statistics, social media, and more from top sportsbooks that offer esports, making betting on esports a truly enjoyable betting experience.
Where to Bet on eSports?
The main challenge when betting on esports is finding a reliable esports bookmaker. Despite the fierce competition, this remains a growing issue that could hinder the rapid expansion of esports betting.
With the total amount of bets placed on esports expected to reach $23.5 billion by the end of next year, a significant portion of those viewers will likely try their luck with esports betting. The best eSports to bet on include Dota 2, League of Legends, and Counter-Strike Global Offensive.
Now, let’s dive into the exciting part and look at the top online platforms for esports betting.
✅ eSports Betting Sites with Fastest Payouts
The speed at which deposits and withdrawals are made is incredibly important in the fast-paced world of esports betting. With short events and breaks between matches, every minute counts when placing your bets. If your bookmaker takes too long to process your deposits, you may miss out on betting on consecutive phases of an event. And if it takes weeks to receive your winnings, you won’t be able to treat yourself to a nice dinner or a new TV for watching esports. Thankfully, we have identified the esports bookmakers that offer the quickest payouts.
✅ eSports Betting Sites Featuring Live Betting
In the realm of sports betting, live bets are frequently seen. They have existed since before the emergence of online bookmakers, but the rise of online betting has significantly boosted live esports betting.
Despite being a relatively new phenomenon, esports in play betting has exploded in popularity. eSports players enjoy the excitement of using their knowledge of the game and potentially winning large sums of money.
✅ eSports Betting Apps
There are two categories of apps available for your pursuits. Many websites provide specialized mobile applications (usually for Android and iOS devices or mobile betting sites) that allow you to make deposits and withdrawals, explore the available choices, and place bets on esports.
Another app related to esports betting is a statistics-gathering app. The most prominent example is Strafe, which offers a comprehensive database of games, players, and events and provides a steady stream of news related to esports. Strafe is the ideal esports betting app for you if you primarily use your smartphone for browsing.
✅ Bonuses and Promotions
When it comes to esports betting, most of the dedicated esports betting sites provide welcome betting sign up offers, promo codes as incentives and free bets. These bonuses usually involve a percentage of your initial deposit up to a certain limit, and promo codes offer freebies to try.
Although meeting the wagering requirements to cash out the bonuses can be difficult, the rewards can be substantial. Having generous bonuses can enhance your experience significantly, and that’s the most important thing!
eSports Odds Explained
eSports odds play a massive role in eSports gambling. They determine how much you will earn in case of a win. These vary depending on the market and can help differentiate between the favourite and the underdog.
When it comes to eSports betting sites, you must ensure the odds are competitive (check out: betting sites with best odds). To do so, scrutinise common markets such as Match Winner and make comparisons with other sportsbooks. Apart from competitive odds, many betting sites offer multiple eSports odds formats, for instance:
- Hong Kong
eSports Games to Bet On
The competitive eSports industry is expanding rapidly, potentially surpassing traditional video game play. Numerous online games are being played, and many top games have formed major partnerships with sportsbooks to enable betting on game outcomes. Some popular games include CounterStrike: Global Offensive, Call of Duty, and Overwatch. League of Legends, one of the oldest eSports games, is likely the largest online eSports in the world. Here, you’ll also learn the main types of esports bets to try with some decent betting tips.
Top eSports betting games include:
- Call of Duty
- Warcraft III
- Apex Legends
eSports Betting Guide Conclusion
Like every other form of online gambling, esports gambling requires a positive mindset, knowledge, a whole heap of patience, and an effective betting strategy. There are different ways to bet on esports and additional requirements, but these three are the main ones.
When discussing additional requirements for a proper online betting career, it’s always good to be familiar with specials and the common mistakes people make when placing bets on CSGO, LoL, Dota 2, or similar. Depending on where you are from and which site you sign up with, you must learn how they work before you start betting. The most recommended eSports betting sites have exciting features like in-play betting, live streaming and cash-out.
Is eSports easy to bet on?
eSports is one of the most competitive sports, with action-packed tournaments and entertaining leagues. It’s a case of picking the tournament or event you are interested in, choosing your market and match and placing your bet.
How Do You Place an eSports Bet?
You place bets by identifying the sportsbook you want to use, signing up, and funding your account. Afterwards, you must select a market, compare the odds and place a bet.
Can I Cash Out when betting on eSports?
Yes, you can cash out on eSports betting. Different sites offer different eSports cash-out options. Some offer partial cash out, while others provide full or both.
Which Is the Best eSports Site?
GGBet is a great esports betting site. It covers different eSports competitions, including the popular Legends World Champions, which usually contain many competitive events.