The esports scene is a rapidly expanding one. Expansions kickstarted in a veil of secrecy, but the situation quickly went from the margins of mainstream media to right in the center of the spotlight. Nowadays, everyone and their grandmother wants to be a part of the growing esports scene. That includes the supporting real money esports betting industry which has developed an independent ecosystem that manages to flourish despite the ongoing talks about an inevitable recession.
For instance, Newzoo predicts the global esports revenues will grow over $1.1 billion in 2021 with YOY (year-over-year) growth close to 16%. Roughly three-quarters of the total revenue (roughly $820 million) will come from media rights and sponsors. Last but not least, the total esports audience will grow to half a billion this year. That ought to mark a massive milestone in the industry, especially considering a relatively high YoY growth of +11.7%. You can find out more interesting esports stats by visiting Newzoo!
Because esports is such a booming market, a continuous surge of demand for esports betting online is nothing surprising. With each passing year, we have increasing numbers of esports betting enthusiasts who demand concrete improvements that’ll get esports betting on par with betting on conventional sports.
Obviously, beginners to esports betting online need to learn the basics, and Google might not be the ideal solution in this particular case. How come? Well, when you Google how to bet on esports online, you might not get the ideal search results. Most websites that dominate the search results in this niche are of questionable quality and might do you more harm than good in the long run, so make sure you stay well protected.
And that’s exactly what this page is all about, ensuring you get the optimal esports betting online by answering the most commonly asked questions regarding this modern type of betting!
Answering the Common Questions About Online Esports Betting
Without beating around the bush for much longer, here are the answers for the most frequently asked questions about esports betting.
When talking about esports, it’s important to make esports events clear, too. Esports events are professionally organized competitions in various video games with clear cut schedules, featuring professional-grade productions, live broadcasting, and esports organizations with paid professional gamers to do what they do best. It’s a complex ecosystem that’s turning into a behemoth of an industry, which is exactly why betting on esports online keeps on flourishing.
The top-tier esports titles are League of Legends, Dota 2, and CS:GO. They are the bread and butter of what the esports industry has to offer but are slowly getting trampled down by numerous new competitors.
The likes of Free Fire, Fortnite, PUBG, Overwatch, and Rainbow Six are inching closer and closer, each enjoying their own share of the market and captivating massive crowds. Fighting games are on the rise too, with the likes of Super Smash Bros, Street Fighter, and Mortal Kombat always in the top esports discussions. There’s something for everyone, and if you’re competitive enough, you might just make it in the harsh world of professional gaming!
When it comes to betting on sports and esports, the scenarios are quite similar, too. The only real differences are the disciplines themselves. The bookies are the same, and basic bets are the same, and the wagering process is identical. the only real differences are the disciplines themselves and the complexity of specials. If you know how to bet on sports online, you will have no problems with betting on esports online!
The answer is quite simple, either find a proper guide to esports betting online or throw caution to the wind. Of course, the latter option might not be suitable for people who want to win money.
Esports betting is not as complicated as you might think. As stated earlier, if you know how to bet on conventional sports, you’ll be able to bet on esports without breaking a sweat.
As far as esports betting goes, you have nothing to worry about… If you’re using one of the most popular online sportsbooks out there. Great bookies are capable of providing you with the online esports betting experience you deserve. But what exactly makes great bookies? Well, that answer is coming right up.
Customer support is of great importance, too. Whether we’re talking about phone lines, email, or live chat, customer support staff must be trained and filled with skilled, English-speaking CS experts. Customer support is the only connection between bookies and end-users, which is why it has to be in good condition.
If you're looking for a site to place esports bets, consider checking out our page on the best esports betting sites!
On top of that, joining multiple real money esports betting sites will allow you to exploit more welcome bonuses. Welcome bonuses are a great way of adding extra funds to your betting bankrolls. And while you can’t cash them out immediately after the deposit, they still come in handy as they allow you to follow up on riskier bets, hoping you’ll catch a bookie off-guard with a massive win.
So, realistically speaking, the chances of one making a living by betting on esports is virtually second to none. Esports betting online, just like betting on conventional sports, is a great way to get some extra money in or kill a few hours on a weekly basis. While there are folks who are making a living by betting on sports, we can’t really recommend it, as it’s a highly risky move that could affect your finances, your wellbeing, and your relationships.
Online esports betting using skins, however, is a completely different story. While some skin betting websites might seem all fancy and legit, we’re mostly talking about shady businesses with a history of data leaks, privacy issues, and outright scams.
Stay on the safe side and only use trustworthy bookies that feature both sports and esports markets!
Online betting platforms’ biggest plus is the convenience factor. You can access them from anywhere, anytime, and cash in on your esports knowledge no matter what! Let’s face it, online betting platforms have made brick and mortar shops practically obsolete.
- League of Legends World Championships, the most watched esports event in the world
- Dota 2 The Internationals, the most lucrative esports event in the world
- CS:GO Majors, biannual events packing an enormous amount of betting fun
- Overwatch League, first properly franchised league enjoying plenty of success
There’s a ton of additional events, some of which are worthy of being listed among the aforementioned names. However, when it comes to betting on esports online, nothing comes close to these four. So, if you’re looking to start your esports betting tale with a banger, make sure you start when one of these events is just around the corner!
If you want to stay in the green at the end of each month, you’ll need to learn about the most common online esports betting mistakes and how to stop doing them, it might sound like silly advice, but we’re sure you’ll think otherwise after reading our guide.
Twitch is by far the best choice for watching esports matches. Pretty much all major esports events are available on Twitch, so you can’t really go wrong with it. After all, Amazon bought Twitch back in 2014.
Eastern countries have their own broadcasting/streaming platforms such as Garena TV, VK Live, Afreeca TV. These are typically used for broadcast on regional languages other than English, and for esports titles that aren’t popular in the western world. They’re known for showing off massive numbers, so they’re definitely worth mentioning here.
Arm yourself with knowledge and crawl out of them stats! That’s the best advice we can give you really! Additionally, you should never switch esports back and forth, even if you’re on a huge losing spree betting on esports. Stick to the game you know the most about and plan out your very own betting strategy.
Manage your real money esports betting bankroll accordingly, and never bet with what you can’t afford! Failing to do so is among the biggest esports betting mistakes people tend to do, especially beginners who are shocked by the number of options they can choose from.
When it comes to first-person shooters (FPS) like CS:GO, and Rainbow Six Siege, round-based and map-based totals are all the craze these days. In Rainbow Six Siege, bookies often have agent-specific specials too, whereas CS:GO bookies feature stuff like pistol round wins, aces, player vs. player kills and so on.
As for MOBA games like LoL and Dota 2, the special bets’ diversity is absolutely ridiculous. This is in part because of the sheer number of quantifiable in-game stats in MOBA games, and in part, because there's such a huge demand for betting on LoL and Dota 2 that bookies were practically forced to add unique specials to remain competitive.
If you want to learn more about this topic, feel free to skim through our esports special bets guide!
Wrapping Things Up
That’s about it as far as the most frequently asked questions about esports betting online are concerned. The variety is extraordinary, don’t you agree? We sincerely hope we answered everything there is to be answered. As time goes on and new esports betting practices emerge, we’ll make sure to update this page with the most recent information.
Until then, may your wagers be packed with green checkmarks!
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