Here’s how to bet on esports like a Pro
Over the past few years, the esports industry has shown tremendous growth in terms of revenue and viewership. With this, several sectors of the market are now dipping their toes into esports and one of them is the crypto betting industry. As a matter of fact, esports gambling is fast becoming one of the biggest trends in the industry.
Today, esports continues to cement itself as a lucrative powerhouse in the gaming scene. One way avid fans can earn a profit out of their interest in esports is through betting. Just like most sports, esports is available for betting in most online sportsbooks. What used to be a medium for leisure has now grown into a massive community of modern athletes.
Esports, as a dominantly virtual sport, is no stranger to global digital trends. For instance, it didn't take long for the betting scene to dive into the cryptocurrency ecosystem. Whether you decide to bet with fiat or crypto, the bottom line is that earning money without playing esports is easy and convenient. However, it is best to have enough knowledge about the game and the basics of esports betting to conquer all odds and increase your chances of winning. Learn how esports betting works for a fun betting experience.
How does esports betting work?
Similar to traditional sports betting, you need to bet on a team or league. In esports, the most basic form of betting is match winner. This is one of the most common forms of betting where you wager on which team you think will win the match.
When betting at Bitcasino, it is best to see all of your possible options. Keep in mind that the gambling rules vary per location. So, take your time to go through all the terms and conditions before you start placing your wager. You can also increase your chances of winning by claiming a risk-free bet offer. Just make sure to meet the wagering requirements to easily claim your reward.
Aside from the gambling rules, you should also know the different betting mechanics for each game. If you win, your winnings will be immediately credited to your account after the official results of the game are announced.
5 Tips to win the pot money
Betting is not all about luck. It is also about knowing the best tricks to take the bacon home. Even though losing is inevitable when betting, professional gamblers aren’t constantly taking big risks. They are thinking strategically. Professional gamblers make sure to analyse their opportunities and that they are placing bets that offer the best rewards.
For instance, when betting on esports tournaments like Dota 2’s The International, it is best to place your bets on Evil Geniuses because the team is known to have successful players in every match. They are also considered as one of the most premier gaming organisations in the industry.
Note: The International is an annual world championship for Dota 2.
To bet on esports like a pro, here are some of the tips you need to know:
Choose your game carefully
Since there are more than 100 games played in esports and thousands of tournaments held around the world, it is best to bet on a game or tournament that you are familiar with. To make the most of your esports betting experience, select a few games and learn more about their gameplay. This will help you weigh your options according to what game you understand the best.
Research the team and players
Before placing your bets, take your time to research the team and players. Discover the strengths and weaknesses of each player so you get a better grasp of their strategies and use that to your advantage when placing a bet.
Follow current events
In esports, there are constant changes when it comes to rankings, rivalries, and even players leaving the team. These changes hugely impact potential odds so it is best to be aware of them. You wouldn’t want to bet on a team only to find out that they’ve replaced some or most of their best players.
Place realistic bets
Even if you have a huge esports betting bankroll, it is best to bet the amount you can afford to lose. Betting on long odds can be appealing but that is not how pro esports bettors earn a profit. It is best to stick with realist bets. Although it won’t grant the highest reward, it is a much more stable and safest way to earn a profit.
Try different betting options
Aside from knowing the strengths and weaknesses of each player, you should also be familiar with different betting options. This will help you determine the amount of money to bet. Some of the most common betting options are:
- Social betting- bet against other people online or with your friends. It is also an informal wager that uses skins, real money, or other items depending on the agreement of both parties
- Item and skin betting- done by players with the goal to buy, sell, and swap rare items
- Real money betting- wager on a player or team who you think is most likely to win the match
Betting on esports like a pro
There is nothing wrong if you just want to place your bets for fun. However, it is also great to bet on esports like a pro. Aside from the fun of crypto betting, you also get to earn a profit that you can use to place more bets.
Even if esports betting at Bitcasino is a lot of fun, you should still set a betting limit and observe responsible gambling at all times. Avoid chasing your losses and just have a great time!
Words by: Whenna Maata