We’re going to take an in-depth look into the world of e-sports and e-sports betting. So, strap yourself in to learn everything you need to know about the growing world of e-sports.
What is E-Sports?
To put it succinctly, e-sports is competitive video gaming. It takes place on a professional level when getting to the very highest levels. While there are very few professional e-sports players when compared to traditional sports, it’s also important to realize that it’s a very new sport. The competitions that are run tend to have large prize money available for the winners. Pro players can also make additional revenue through streaming and sponsorships.
Gambling on e-sports is quite a new phenomenon. This is because it has taken time for legislation to be put in place. The legislation is there to both protect the integrity of the sport and to protect players from potential black market gambling.
E-sports Betting: Tournaments
The main area where bets can be placed on e-sports is through tournaments. There are a lot of different tournaments that run throughout the year, across lots of different video games. The general market that is offered for e-sports betting is covered by the overall winners of the tournament. While there are other more intricate markets available, they’re not as popular as the outright market.
The tournaments have incredible prize pots in place, which is what draws in players. For example, the 2019 international DOTA 2 tournament had a total prize pool of almost $35 million! This is obviously appealing to high-level gamers. DOTA 2 is probably the most lucrative, but it’s not alone in terms of huge prize pots.
Popular Games for E-Sports Betting
There are a huge number of games that are used for e-sports betting. It’s a list that is constantly growing. However, there are five main games leading the revolution at the moment. We’re going to cover the main games out there, but bear in mind there are plenty more.
Counter Strike: Global Offensive
Counter Strike: GO is not at the top of the list at the moment. However, it’s a game that has a rich history with online gaming. When the internet was first grabbing popularity, CS was a big deal. Originally a mod for Half Life, the fast paced gameplay was an instant hit.
Over the years it has developed into a standalone game. The current iteration is one of the most popular e-sports games around. There are plenty of e-sports betting options when a tournament rolls around. This all makes it a highly important game to learn about.
What is there to say about Fortnite? When it was released it quickly became a global phenomenon. It has fast paced gameplay, building elements and great looking visuals. It’s arguably the most popular game in the world at the moment. All of this made it perfect for the e-sports world.
There have been a number of different Fortnite e-sports tournaments. Obviously, each tournament has had massive prize money associated with it. On top of this there have been a lot of e-sports betting options. Fortnite could be the e-sports mainstream breakout game in the future.
League of Legends
Every single day almost 10 million people play League of Legends. This is without a doubt an impressive amount. It means that it was a game that was ripe for e-sports to take off. This happened in a very big way.
There is a huge amount of different League of Legends tournaments out there. In fact, there’s everything from regular leagues to numerous tournaments throughout the year. This has helped to make it a big player on the e-sports circuit.
Not only does it have a world championship that takes place each year, but there are no less than 12 different professional LoL leagues! This makes it one of the most prolific e-sports there is, and the one you should look out for if you want a game to place a wager on.
Alongside League of Legends, DOTA 2 is the biggest e-sport in the world. It includes lots of different events over the course of the year. This gives bettors the opportunity to place wagers on a wide range of different events.
What makes DOTA 2 the most impressive is the massive prize pool that’s in place. Hitting almost $35 million, it’s the biggest in e-sports by a long way. Part of the reasoning behind this is that it has the potential to compete with traditional sports for viewing figures.
The future of e-sports going into the mainstream could hinge of DOTA 2 being a success.
While FIFA is way behind the other names on this list, it has other benefits that make it a worthwhile inclusion. FIFA has the potential for much more mass mainstream appeal than any other title here. As Football (or Soccer for some people) is the most popular sport in the world, it has access to the highest number of potential viewers. This was shown when during the height of the Covid-19 pandemic, FIFA e-sports viewing increased at a massive rate.
While it is still currently way behind other more established e-sports games, FIFA tournaments still have great prize money on offer. This combined with the increase in viewing means FIFA may well have a lot to say about e-sports betting going fully mainstream.
E-Sports Betting Markets
E-Sports betting has a number of different markets available to players. The first is the most obvious. The outright market. Here players will place a wager on who they think will win the event that is taking place. This doesn’t differ in any way from the outright market in regular sports.
This means that wagers can be placed on individual matches or as a tournament outright. Just like with traditional sports e-sports can be played out with a team or with individuals. So depending on the event that is being played, depends on if you will bet on an individual or a team.
Other E-sports Betting Markets
Players can also place wagers on other markets within the event. These markets aren’t as popular as the outright market at the moment, but just like real sports they are likely to grow in popularity.
Players can place a bet on aspects of the game that is taking place. This can be things like the number of kills, first kill, length of the match or even who will finish last. All of these different markets will offer different value to players, so this is where to look if you want to find good value.
Where to Bet on E-Sports
While e-sports is growing at a fast rate, it’s not available everywhere just yet. That’s why it’s important to check out our list of online casinos to see where you can find the best place to place a wager. A good place to look over is Sportsbet.io. You can see from our review that it’s a high-quality place to bet. It also offers players the opportunity to place a bet on e-sports.
Once you’ve found a number of high-quality sites, it’s time to compare odds. This will help you when it comes to finding value for your wagers. Betting on e-sports is very similar to betting on regular sports in this respect.
Improving your E-Sports Betting Chances
There are a lot of different ways you can improve your chances of winning with e-sports. As it’s a relatively new betting option, a lot of value can be found. Just like any kind of betting, this will require research. While we can’t guarantee that we will help you to win, we can steer you in the direction of what you need to research. Follow our top tips to improve your e-sports betting skills.
Pick a Game for E-Sports Betting
Choose a game and then stick to it. It’s best to be an expert on one particular game than know a little bit about a lot. This will help you to focus on areas that the bookmakers might have missed. You might know which Fortnite players start off slow and which ones start fast. This will allow you to spot if odds for first to a certain number of kills are high or low. It will also allow you to take advantage of in-play betting. If you know someone is going to come on strong, you could get better odds on them in the middle of the match.
Research Player Stats
The stats for players is vitally important. This will allow you to know how likely they are to get a win or how they relate to specific markets. It also gives the chance to cross reference different players. This is a great way to find added value with your bets.
Pick a Team to Support
Just like a regular sport you can support a team. While this doesn’t guarantee anything, it does have a distinct advantage. Supporting a team means that you have a reason to follow games. It helps you to get a connection. It makes it more fun to follow the sport. Additionally, it also means that you are more likely to look into the intricacies of the games when you have a vested interest. To put it simply, supporting a team makes researching fun.
Take Advantage of In-Play E-Sports Betting
In-Play betting is often where the value can be found. This is no different in e-sports. When you’re armed with the stats, you’re more likely to know when things will happen. This will allow you to take advantage of the increased odds of in-play betting. From here you can find much better value for your bets.
Is E-Sports Betting the Future of Betting?
While there are no guarantees, it is possible. In recent years e-sports has become much more popular. Viewing figures have increased as have prize pools. It has shown potential to compete with and possibly surpass regular sports at some point in the future. This might not happen for a few years, but there is definitely a possibility that one day e-sports will be the biggest available market.