Esports betting for beginners – this is a popular search term used by people looking for action on their favorite PC & console games for the first time.
How do you get started?
What are the must-knows?
Read on to find out.
Esports Betting For Beginners
Now, not everyone is a fan of eSports, but you’d be a fool to disregard it entirely.
Both the eSports and eSports betting industries will continue to grow over the coming years.
Young people have a couple of things the older generation did not:
- Legalized online sports betting; and
- Access to games at any time from anywhere in the world.
As things advance, it’s only natural that eSports betting will become more popular.
For example, Wholesale Investor reported that the eSports betting industry is expected to be worth over $17 billion by the end of 2020.
Compare that to 2016’s valuation:
So with all this in mind, here are some eSports betting for beginners tips to help get you started.
Find The Right Sportsbook
This is a really important eSports betting for beginners tip.
No matter the sport, you must find a sportsbook that meets your needs and suits your betting strategy.
Esports are relatively new, but they are certainly a fresh market in terms of sports betting.
Sportsbooks offering action on eSports put much time and effort in presenting their odds and the markets you can bet on.
You have two options: a traditional sportsbook or one that is specific to eSports.
What you use is up to you.
For example, you may wish to stick with your regular sportsbook if you frequently bet on sports.
On the other hand, you could use a specialist eSports betting sportsbook if you don’t mind switching things up.
After all, it’s always a good idea to do some line shopping to ensure you always find a value bet.
If you were to ask us, we would recommend you shop around and maximize your returns.
It’s good to get into this habit early on in your sports betting venture.
This way, you won’t just settle for what one sportsbook has to offer.
Understand Esports Betting Odds
Next eSports betting for beginners tip: learn how the odds work.
Since eSports betting is so new, sportsbooks are still figuring out how to optimize their odds.
This is a big deal – and here’s why.
Sportsbooks do all they can to ensure they get the perfect amount of action on either side of the betting line.
By doing this, it doesn’t matter who wins the match as the sportsbook always profits from the bet.
It’s in their best interest to get equal money on either side of the line.
However, both sportsbooks and the general public aren’t familiar enough with eSports to know how a certain matchup with play out.
From the players and the games themselves to the betting odds, people just don’t have enough experience for everything to work as smoothly as, say betting on the NFL.
The bottom line is this:
For example, let’s say you want to bet the “Pick ’em” on an upcoming League of Legends game.
If you don’t understand the game, you can only make the bet based on a gut feeling – even recent data may not be enough.
On the other hand, if you do understand the game, you may recognize that one side is very underpriced considering their skill and roster and make an excellent value bet.
This is why it’s such an important eSports betting for beginners tip.
Learn The Game
Now, this doesn’t mean you have to be an expert to make money from eSports betting.
That said, you should have a working knowledge of what’s going on.
For example, League of Legends has the World Championships to bet on, while Overwatch has the Overwatch League (OWL)
Just like live sport, some eSport events impact betting more than others.
We won’t go into too much detail, but just keep in mind that some eSports are easier to learn than others.
Plus, knowing what you’re betting on helps to enhance the overall eSports betting experience.
It’s in your best interest; winning just doesn’t feel the same.
Tailor Your Esports Betting Strategy
This is the final eSports betting for beginners tip.
Now, this may sound obvious, but that doesn’t take anything from its importance:
This means that, when it comes to creating your betting strategy, you should consider certain factors differently.
For example, injuries always play a part in live sports betting.
In eSports, you should consider the frequent roster changes.
Esports teams can chop and change their rosters based on the competition they enter.
Of course, skill still comes into play – you must recognize when an excellent player joins a team or leaves one roster for another.
You may also want to consider prop bets as there may be some extra value.
It may not be a good idea to get involved if you don’t understand the game, but some prop bets are pretty self-explanatory.
For example, in an Overwatch match, one prop bet could be to predict the first person to get 10 kills -it doesn’t take a genius or eSports expert to understand how this bet wins.
Finally, you must use all the sports betting basics in your tailored eSports betting strategy, such as bankroll management and doing your research.
While the gameplay and the overall culture in eSports are different, successful live sports bettors are also successful at eSports betting.
Some Final Words
For everyone searching for eSports betting for beginners tips, these points will help you get the most from your time and money.
They are presenting a great opportunity to take advantage of the lack of public and sportsbook knowledge and make a good profit.
Do the research, learn the games and eSports betting may turn out to be a lucrative venture.