OKBET ESPORTS BETTING GUIDE – HOW TO BET AND WIN ON ESPORTS
ESPORTS BETTING GUIDE – Esports betting has quickly become a popular activity. Every day, thousands of matches are played, and bookies provide odds on every possible outcome. If you’re new to the esports scene or nervous about placing your first bet, don’t worry; esports.net is here to assist!
To help you get the upper hand while betting on esports, we provide you with all the pertinent details you’ll want. This comprehensive guide will teach you everything you need to know about esports betting, from where to place your bets to whether or not it’s allowed in your jurisdiction. And we’ll go into detail about what you should be looking for in an esports betting site.
WHAT EXACTLY ARE ESPORTS AND ESPORTS WAGERING?
As a first step, let’s define electronic sports and esports betting precisely. To put it simply, esports refer to any kind of competitive video gaming that is played between people or teams. The participants here are pitted against one another rather than a machine, making this a marked departure from traditional video games.
Throughout the past decade, esports have surged in popularity, with huge tournaments featuring celebrity teams and players in front of tens of thousands of roaring fans, and millions more watching online through services like Twitch.tv, YouTube Gaming, and Facebook Gaming.
As with conventional sports, esports betting has flourished thanks in large part to the competitive gameplay at the heart of the industry.
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Is betting on esports the same as betting on real-world sports?
A bet on esport activity is the same as a wager on soccer, basketball, or horse racing, despite the fact that at first glance it may look different from conventional sports betting.
What are the ins and outs of placing and winning an esports wager? Making and winning such a wager is the same as making and winning any other kind of wager. Select the esport betting market that most appeals to you, then investigate the esports odds to see whether it meets your needs. With the top esports bookies, betting on esports is a fantastic experience since it is more engaging than betting on traditional sports.
BETTING ON E-SPORTS GAMES AND COMPETITIONS!
A wide variety of game types and exciting competitions are available for wagering.
The best way to test the waters with online sports betting is with the help of a sports simulator
It’s not really surprising that many people like placing wagers on virtual sports teams and individuals. Of course, if you’ve ever gambled on football, you should have no trouble betting on FIFA or other esports. For instance, several gambling websites have appeared since the inception of the FIFA eWorld Cup in an effort to make wagering on this esports competition as common as it is for the actual thing.
Bet on this fantastic virtual sports arena, and with the help of our professional esports betting guide, you may still win a respectable sum. NBA 2K and Rocket League, a frantic hybrid of soccer and vehicle combat, are two other well-liked games in this genre.
PLAYING THE ODDS IN A MULTIPLE-PLAYER ONLINE FIGHTING GAME (MOBA)
Fans of esports betting have shown overwhelming favoritism for battle arena games. You can easily understand why team-based games like Dota 2 and League of Legends are ideal for wagering on by viewing broadcasts of the finals of events like The International and the League of Legends World Championship.
Among the seemingly endless variety of combat arena games available, mythological games like Smite and fantasy games like Warcraft stand out as two of the most played genres. While familiarizing oneself with the storylines and mechanics of these games may take some time, it’s worth noting that many players have found financial success despite the learning curve.
BETTING ON FIRST-PERSON SHOOTERS (FPS)
Betting on a number of excellent first-person shooters may provide you with the high-octane excitement you want. While Counter-Strike: Global Offensive is undeniably a fan favorite, other games like Call of Duty and Halo have also found competitive success in the esports scene. It may seem strange to wager on a military conflict, but the cooperative nature of Counter-Strike: Global Offensive makes it a natural fit for the betting industry, and a glance at the best CS:GO matches at tournaments like the Intel Extreme Masters reveals the surprising entertainment value of wagering on first-person shooters.
You may place your esports wager on anything from the latest gaming crazes like Overwatch to old favorites like Call of Duty. This is also true of less well-known esports games, such as Team Fortress 2, a multiplayer first-person shooter developed by Valve.
Alternate ESports Betting Options
Another year, another game poised to become the next big thing in competitive video gaming. There’s always a new esport to wager on, like the Hearthstone card game or PlayerUnknown’s Battlegrounds. There is definitely something for everyone, whether you want to keep it easy with some Street Fighter V betting or go deep with a gamble on the strategic title like StarCraft II.
You shouldn’t have any trouble finding a technique to wager that will result in a victory, especially now that collectable card video games like Hearthstone are becoming huge in the realm of esports. You may choose from mainstream games like Call of Duty or Overwatch to indie darlings like the free-to-play survival game H1Z1.
COMPETITIONS IN SPORT
Some of the most popular and lucrative athletic events ever held have been in the realm of esports. In addition to providing comprehensive coverage of the industry’s largest events, a top-tier esports betting platform should also allow you to wager on lesser-known international competitions and domestic e-leagues.
Over 3,985,787 people tuned in to the League of Legends World Championship last year, and they saw a whopping 139,000,000 minutes of competitive action and gaming. As an example, many millions of hours have been spent watching events like the Fortnite World Cup and the Intel Extreme Masters Katowice. The International, Dota 2’s main event, offered a stunning $34.3 million in prize money in 2019. This made it far and away the largest tournament in terms of prize money (and betting interest).
HOW TO CHOOSE AN ONLINE SPORTS BOOKMAKER AND THE BEST SPORTS BOOKMAKERS FOR YOUR ODDS OF WINNING
You should discover the finest esports betting site for each esport bet you want to place once you have chosen the esport you want to wager on. Traditional bookies like Bet365 and Betway, as well as specialized esports gambling sites like ArcaneBet and GG.Bet, are among the expanding number of online gambling companies that now provide esports betting.
While most bookmakers’ attention is on the largest tournaments for games like CS:GO, Dota 2, and League of Legends, specialist esports betting websites provide a wide variety of pre-match and in-play betting options for a wide variety of games. Make sure the site provides sufficient coverage of your preferred game by doing some preliminary research.
In this part, you may research the gambling laws in your country and learn about the best esports betting sites for you to use.
The Ultimate Guide to Sports Betting: Understanding Your Options
When it comes to betting on esports, there’s more than just straight money on the line. A wide range of esports wagering options have emerged throughout the years, including wagering on competitive events, wagering on Twitch streams, and even gambling and trading using Skins. Here are the several entry points into the world of esports betting.
ACTUAL MONEY GAMES
Betting with real money on an esport is the most straightforward option, and it works just like betting on a regular sporting event. The process of placing an esports wager is as easy as selecting the tournament or event of interest, selecting the desired market, and selecting the desired match. From then, all that remains is to wait for the outcome.
You may place wagers on the outcomes of your favorite esports just as you can on the outcomes of your favorite conventional sports. Everything else remains the same, including the fact that you must first choose your players and/or esports teams depending on how well you think they will perform. If they do well in competitive video games, such as by winning a match or tournament or reaching a certain objective, you will get rewards in the form of points or money. DraftKings is a pioneer and leader in the fantasy betting industry.
- WAGERING ON VIDEO-SHARING SITES
When you bet on streamers at esports-focused sites like Unikrn, you’re placing wagers on specific aspects of an esports player’s performance while they broadcast it live on Twitch or another streaming platform.
2. Putting Your Trust in Yourself
It’s exactly what it sounds like: wagering on one’s own gaming performance, with the potential for monetary rewards based on meeting certain benchmarks in competitive video games. Self-betting is popular on Unikrn’s Umode.
3. THIRD, BETTING ON ITEMS AND SKINS
Using a betting site’s virtual currency, or “skins,” to wager real money. The most common form of this digital cash is downloadable character or game graphics. Historically, skin betting sites have operated without proper licensing or oversight, so you should use caution when engaging with them.
- GROUP SPORTS BOOKMAKING
Pool betting on a site like Puntt entails combining all wagers on a single market into a single pot, then dividing the resulting sum (less any fees) among the winners.
- COMMUNITY AND CHALLENGE-BASED WAGERING
Group members may wager on the results of games against one another in a social betting setting. In a similar vein, challenge betting involves merely two competitors who “challenge” each other.
HOW TO BET ON ESPORTS FOR THE BEGINNER
If you’ve ever placed a wager on a sporting event, you’ll find esports to be quite familiar
The odds you want to wager on will automatically be added to your betting slip when you click on them. The next step is determining the size of your esports wager. The odds and possible payouts of your wager will often be calculated for you by the betting slip. After selecting the “place bet” button, the only thing left to do is wait for the outcome to be determined in your favor.
You may place your first esports wager after you locate a betting site that caters to your preferred game. To begin gambling online, you will first need to create an account, which can be done in a matter of minutes by providing a few pieces of information about yourself. Once you’ve validated your account, then you will need to choose a payment option so as to make your starting deposit. Don’t forget to cash in on any welcome bonus offers while you still can.
After signing up for an account and funding it, you’ll be able to peruse the site’s esports odds in search of a contest that promises a healthy return on your investment. If you want to know how much money you might win from a wager, you should be able to choose between decimal odds and fractional odds. Be sure to play properly and check out some reliable betting advice before you put down any cash.
HOW MANY DIFFERENT TYPES OF ONLINE SPORTS BOOKMAKERS ARE THERE?
There are as many methods of accepting wagers as there are esports to wager on. While there’s certainly nothing wrong with betting on the outright winner of a match, it may be a lot more fun to try your hand at other types of wagers on occasion. Here are some of the most common wagers in esports, along with some advice on how to place them successfully.
Esports wagers on the victor
This is the most prevalent kind of wager placed on esports games. Predicting the outcome of an esports match is like picking a winner in a football game; you can do it with games ranging from League of Legends to Counter-Strike: Global Offensive. If you find that too simplistic, you may always attempt handicap betting, where the obvious favorite is given a disadvantage so that the bettor can take advantage of higher odds to increase their return.
betting on e-sports with no parlay
When placing an outright bet, you are placing a wager on the winner of a certain esports competition. You can do this on most respectable betting sites well before the esports tournament even begins. If you think you know who will win a major event like the DreamHack Masters, you should place your wagers as soon as possible.
Esports betting systems
For a system bet, you’ll need to place more than one wager on your favorite electronic sports. All of your picks must win for you to cash in, but remember that the potential payoff on these wagers are substantial. Although it may require a little of luck to win this kind of wager, the potential winnings from online betting sites should make it worthwhile.
wagers on electronic sports
Betting opportunities abound, and many of them are excellent, but they are all very game-specific in the esports world. For example, in League of Legends, you might gamble on which team would win the first map, while in CS:GO, you could wager on which side would be the first to get 10 kills. Aside from the standard tower, dragon, inhibitor, and so on, several sites let you wager on more outlandish outcomes, such as which team will demolish the first tower. The fact that wagers can be placed on anything from the final score to how long it will take to finish a round demonstrates the breadth of the esports betting market.
CONTROL, SAFETY, EQUALITY, LEGALITY, and REGULATION
USE OUR ESPORTS GUIDANCE TO PLAY SAFELY AND SECURELY
As long as you are of legal age in the jurisdiction from where you are making your registration and betting on esports is perfectly legitimate. After opening an account, a reputable bookmaker will ask for proof of age, identification, physical address, and payment methods.
Many of us will have heard horror tales about unlicensed and unregulated gaming sites. Not only is this completely useless, it’s also unlawful. If you want to wager on esports, you need do your research to ensure the site you choose is legitimate. Don’t put your money on any skin betting sites or other sites that don’t have a license, since only a reputable licensing and regulating body can guarantee the integrity of an esports wager.
Look for licenses from the UK Gambling Commission, Malta Gaming Authority, Gibraltar Gaming Ordinance, and the Isle of Man Gambling Commission if you want to gamble on esports online. Unlike the far more accessible licenses from the Curacao Gaming Control or the Antigua and Barbuda Gaming Division, they are much more difficult to get and will hold bookies for your esports betting to higher account.
Plus, if you try your hand at esports betting at GG.bet, you’ll see that they’ve earned a seal of approval from the industry watchdog eCogra. This verifies that they adhere to stringent guidelines for safeguarding their customers. Avoid the risks of “skin gambling” by verifying that the betting site accepts only deposits from established payment methods including credit cards, debit cards, e-wallets, and crypto currencies.
CRYPTOCURRENCY SPORTSBOOKS, AS WELL AS DIFFERENT METHODS OF DEPOSIT, ARE ON THE RISE
The esports industry has been at the forefront of adopting new payment methods
You may use a wide variety of deposit and payment options at esports betting sites, including the usual suspects like debit and credit cards, bank transfers, and e-wallets like PayPal, Skrill, Neteller, and electronic pre-paid cards like Paysafecard. What kinds of payments are accepted and/or provided for will, of course, change from one nation to the next.
While conventional sports and casino betting sites were slow to adopt cryptocurrencies, esports betting companies were eager to do so. As early adopters of bitcoin and other cryptocurrencies, esports bookmakers saw the potential for growth in the cryptocurrency betting market and either adopted crypto payment methods alongside more traditional payment methods or launched from the ground up as cryptocurrency-only betting sites, like Stake.com.
We have previously warned you to stay away from sites that provide “skin betting” in place of traditional means of depositing and withdrawing funds since these operations are often unlicensed and unregulated.
THE USE OF A SPORTS-BETTING BONUS
SO, YOU WANT TO CASH IN ON A BIGGER WAGER? The future lies in esports bonuses.
If you’re looking for some surefire betting tips, we’d point out that many punters employ betting bonuses to increase their winnings on esports wagers. If you have any questions about the terms and conditions of a betting site, you should contact customer care for that site.
When you join a betting site, there is a bonus that may be used occasionally. This is an excellent strategy to significantly increase your earnings. Bonuses for betting on esports are many, and may include everything from matching deposits to matched wagers.
Don’t jump into a betting bonus without first reading the fine print. In order to obtain a bonus, you will often need to either make a certain initial deposit or place a certain minimum number of qualifying bets. And keep in mind that many esports promos will need you to wager the bonus sum a set number of times inside a specified time frame before you can withdraw any profits.
Visit our esports betting bonus page for access to all of the best promos currently available.
Multiple Choices for Customer Service
WHERE CAN I CONTACT CUSTOMER SUPPORT FOR ASSISTANCE WITH MY ESPORTS WAGER?
If this is your first time betting on esports, you may need some guidance in establishing your account and placing your first wager. This is why it’s important to make sure your chosen betting site has appropriate customer care. You may receive that additional peace of mind by contacting the site’s customer care department, which is available by live chat, phone, or email at most gaming sites.
If you want to wager on esports’ unique markets, but don’t want to wait around for your money, then finding a reputable firm with excellent customer support is essential. The ability to contact and get help from customer service in a timely way is crucial.
BEST ADVICE FROM OUR SPORTS BETTING GUIDE PROFESSIONALS
This article provides a variety of esports betting recommendations that, if followed, might help you generate respectable earnings from your wagers while also maintaining your integrity as a gambler. Check out our esports betting tips:
Learn about esports teams on Reddit and get free betting advice
Because of the sheer number of esports organizations and individuals, staying abreast of the industry’s most recent advancements may be challenging. Sometimes it’s helpful to check out the latest rumors and chatter on a platform like Reddit before an esports competition. Although the esports betting advice you get may not always be accurate, it is a great resource for learning about the state of the industry and the thoughts of industry leaders.
If you’re interested in betting on esports, you should try it out in real time right now. Electronic sports are the best for live wagering.
Betting on an esports contest before it starts is perfectly legal, but many gamblers are beginning to see the advantages of live betting. You may experience the thrill of placing a last-second winning wager while watching the action unfold live on a streaming site like Twitch, where you can adjust your betting strategy in line with the fluctuating odds of the in-play betting markets. Remember that if you try your hand at esports betting at GG.Bet, you can also take use of the site’s integrated Twitch broadcast to boost your live wagers.
Simple esports betting advice: wait for the best events to roll around
Bettors focus most on major tournaments like DreamHack and The International. Better odds are on the horizon as more sites compete to provide you new ways to wager. While betting on any esports event is a fantastic idea, the major tournaments are where you’ll get the best odds at the books. As an added bonus, you’ll discover an increase in the quality of esports betting advice and the number of betting markets available for major gaming tournaments.
eSports’ Bright Prospects for the Future
The popularity of eSports as a spectator sport and a source of financial profit has been expanding at a dizzying rate in recent years. The number of people who watch esports regularly has grown from 170 million in 2018 to 220 million in 2019, and it’s expected to grow to over 270 million by 2020, making it one of the most popular leisure activities in the globe. The same holds true for the esports betting industry. The esports betting market is expected to grow from its 2019 worth of $1 billion to more than $2 billion by 2022.
However, the Covid-19 crisis of 2020 and 2021 dramatically increased the number of individuals across the world participating in esports and esports betting. The UK Gambling Commission said that the esports business increased by an astounding 2,992% from the previous year.
The future holds much more of it. This year will be a breakout year for every kind of esport. Naturally, this will lead to a rise in esports gambling. It’s safe to conclude that esports will continue to grow in popularity, and that ultimately they will be able to compete with more conventional sports in terms of how many people wager on them. The esports betting industry is expected to increase exponentially as esports events continue to attract larger spectators than those of more conventional sports.