Esports has taken the world by storm with its phenomenal growth and fan base. But what about esports betting? The concept may seem new to some, but it’s been around for quite some time now. It betting has evolved into a massive industry that attracts millions of people worldwide. What is it about it betting that makes people so hooked? Is it the thrill of winning big or just pure entertainment value?
In this blog post, we’ll take you on a journey through the history of esports betting, how to bet on it, the different types of bets available, why people love it so much, and even give you our top 5 picks for esports games to bet on.
The History of Esports Betting
The history of it betting dates back to the early 2000s when online gaming was becoming more mainstream. Esports tournaments began popping up, and people started placing bets on who would win. But it wasn’t until 2010 that dedicated esports betting sites emerged.
One of the first sites to offer esports betting was Betway, which became one of the pioneers in this industry. From there, other bookmakers soon followed suit with Unikrn being one of them that focused exclusively on it.
Esports has grown significantly over time with larger prize pools attracting a bigger audience and more significant interest from investors globally. This growth has propelled betting in it even further, leading many traditional sportsbooks to add esports to their list of available markets.
Today you can bet on major events like The International Dota 2 Championship or League of Legends World Championships with millions at stake for both players and punters alike. It’s an exciting time for anyone interested in video games as the world continues embracing this new era where virtual worlds become a reality!
How to Bet on Esports?
To start betting on Esports, you need to first choose a reputable online bookmaker that offers odds and markets for your preferred game.
- Once you’ve found a bookmaker, create an account and make sure to take advantage of any welcome bonuses or promotions they offer.
- Next, familiarize yourself with the game(s) you want to bet on. Understand the rules, mechanics, and gameplay. This will help you make informed decisions when deciding which team or player to place your money on.
- When placing bets, it’s important to set a budget and stick to it. Don’t get swept up in the excitement of betting and risk more than you can afford to lose.
- There are several types of Esports bets available such as match winner, handicap betting, over/under total maps played/scored, etc., so be sure to understand each type before placing your wager.
- Keep track of your betting history including wins and losses. This will help you identify patterns in your betting behavior and improve future decision-making.
The Different Types of Esports Bets
The world of it offers a wide range of betting options to choose from. Whether you are a seasoned bettor or just starting out, there is something for everyone. Here are some of the different types of it bets that you can place:
- You have the traditional moneyline bet where you simply pick which team will win the match. This is one of the most popular types of bets among esports fans and is easy to understand.
- There’s handicap betting where bookmakers give one team an advantage before the start of the game. This makes it more challenging for them to win but also increases your potential payout.
- Over/under bets involve predicting whether a certain statistic such as total kills or rounds played will be higher or lower than what is set by the bookmaker.
Live betting allows you to place wagers during an ongoing match and take advantage of shifting odds based on how well each team performs throughout the game.
No matter your preference, there are plenty of options available when it comes to it betting.
Why People Love Esports Betting
Esports betting has become a popular pastime for many people worldwide. But why do so many individuals love to bet on it? For starters, it’s not just about the money. People have always enjoyed watching and playing video games, and with esports, they get to experience that thrill while potentially earning some cash.
Another reason why people love it betting is because of the competitive nature of these events. Its players are highly skilled and talented individuals who put in hours upon hours of practice to hone their craft. Betting on these matches adds an extra level of excitement as fans can root for their favorite teams or individual players.
Esports also appeals to a younger audience who grew up playing video games and are familiar with the different titles being played professionally today. It’s a way for them to connect with something they already enjoy while engaging in responsible gambling practices. Another reason why people love esports betting is due to its accessibility. Bettors can easily place bets online from anywhere at any time without having to visit a physical venue or sportsbook.
There are numerous reasons why people enjoy it betting ranging from thrilling competition to high skill levels displayed by gamers themselves all through convenience provided by technological advancement in modern times.
Top 5 Esports to Bet On
It betting has become increasingly popular over the years and there are now countless games available for esports enthusiasts to bet on. Here are the top 5 esports to bet on:
1. League of Legends: This multiplayer online battle arena game is one of the most popular esports in the world, with millions of players worldwide. It offers a wide range of tournaments throughout the year, making it a great option for those looking to place bets.
2. Dota 2: Another multiplayer online battle arena game that has been around since 2013, Dota 2 is known for its large prize pools and intense gameplay. With regular tournaments held throughout the year and a passionate fanbase, Dota 2 is an excellent choice for it betting.
3. Counter-Strike: Global Offensive – One of the most popular first-person shooter games out there, Counter-Strike: Global Offensive boasts some of the biggest tournaments in all of esports. With high levels of skill required from players and unpredictable outcomes in matches, this game provides plenty of opportunities for exciting bets.
4. Overwatch: A relatively new addition to the world of competitive gaming, Overwatch has quickly become one of the fastest-growing esports thanks to its unique blend of team-based strategy and fast-paced action.
5. StarCraft II: Despite being released over ten years ago now, StarCraft II remains one of the most beloved real-time strategy games ever made and continues to attract thousands upon thousands who enjoy watching or playing it competitively at events such as BlizzCon.
These five games offer some incredible opportunities for those looking to get into esports betting or expand their existing repertoire.
Esports betting has quickly taken the world by storm, offering a thrilling and engaging way to watch esports and potentially win big. With its growing popularity, it’s clear that this trend isn’t going anywhere anytime soon.
As we’ve explored in this article, esports betting has a rich history and many different types of bets available to players. From match-winner bets to proposition bets, there is always something new to try.
It’s no surprise that people love esports betting – with the excitement of watching skilled players compete at the highest level coupled with the potential for making money on your predictions. And with so many popular games like League of Legends, Overwatch, Dota 2, CS: GO and Fortnite attracting millions of viewers worldwide each year- it seems like the future is bright for esports fans everywhere.