Betting on e-sports goes with online casinos; some bets are a bit simpler than others. In general, there are four main categories to choose from. The most common and easiest to place are tournaments, a bet on a player to win, or a player to place in a tournament.
Basically, there are three forms of e-sports betting:
- Live E-sports
- Live tournament-based e-sports betting
- Digital on-demand betting
This means, for instance, you can place an on-demand bet on a League of Legends match for big money from the comfort of your own home. Understanding Live E-sports before we get to the tips on how to increase your chances of winning an e-sports bet, it’s important to understand what this form of betting entails.
Live E-sports betting refers to placing a bet on an ongoing tournament, either for cash money or small stakes, such as smaller tournament prize pools. In most cases, this form of e-sports betting involves wagering on games played live in tournaments, such as League of Legends, Dota 2, Call of Duty, and Counter-Strike.
Table of Contents
1. Do Not Rely On One online casino
If you think that all e-sports betting options are just that. In that case, you’re seriously missing out on a lot of opportunities. Take the example of a recent betting competition between a few different sportsbook operators. The games of Overwatch and Counter-Strike: Global Offensive would be played at a very similar pace.
It may have sounded like a relatively easy, safe bet at the time. However, there were so many unknowns and variables that not taking any chances could have drastically increased your chances of being the one with the first winnings on the day. You might think that the simplest way to increase your profits in an online casino is to become a cheat, that is, placing bets on the games with different outcomes in mind.
2. Go Through Statistical Insights
Before going any further, we should probably set the record straight about what exactly makes a player a top-tier e-sports bettor. Most people believe that you have to be the best in the game at what you’re playing, but that’s not necessarily true. To maximize the chances of winning at online casinos, you have to be one of the best at analyzing data. Statisticians like Alex Mullen use data to help bettors get ahead of the competition.
Knowing that the upcoming event you’re betting on is the seventh iteration of a popular title, being able to use game statistics to guide you is a valuable tip for any player. Even if your skill level isn’t up there, you can still pick which player has the highest correlation to the common “house edge” in that particular title.
3. Know the Teams and Players
Yes, I know you’re all tuned in to the most recent League of Legends World Championship to see which team will be crowned this year’s champion. We here would never try to sell you on some nonsense of which game you should bet on. That’s our way of showing you that we have your best interest at heart while putting your mind at ease with the knowledge that there are e-sports betting tips out there that can help you win.
Knowing the teams and players that are in the upcoming tournament is undoubtedly an advantage in the long run, as it will not only give you an idea of whom to look out for in future events, but it will also prevent you from making a costly mistake that could completely derail your entire bet.
4. Find the value
When it comes to predicting an e-sports match’s outcome, finding the game’s value can be as important as picking the right match-up. Having a sense for when a player will be more aggressive or when someone will sit back and play defensively can make a big difference when placing an e-sports bet.
This sort of prediction might seem a bit contradictory to the “analysis” part of this article, but it’s one of the more important tips for placing profitable bets. Logically, analyzing the odds of every possible scenario and making an educated guess about which one is most likely to happen is a great starting point.
5. Identify Your Strengths
The first thing you need to understand when you’re going to put any bet down is your strengths as a bettor. If you’re a hardcore player, then you’re probably more likely to bet on one specific game over others, especially if you’ve taken the time to learn each of the individual mechanics and tactics involved in playing those games.
If you’re more of a casual bettor, then you might be more inclined to put your money on a sport or a specific match/round/event. With these types of bets, it’s also important that you pick one game or tournament over another because that will give you an extensive array of options. You can play the game that best suits your expertise and self-esteem.
6. Make Use of the Gaming Community
One of the biggest mistakes new bettors make is the assumption that the people on the other side of the world will be very different from the betting style and general knowledge. If you approach this as though you are betting with a group of strangers, it can be more challenging to read on the situation. Instead, if you approach it like you are making a bet with friends and family, it can help you figure out whom to take seriously and who’s just looking to make a few easy bucks.
7. Look Beyond Major e-sports Tournaments
Most of the big e-sports-based betting markets have their tournaments, but which ones? That’s a pretty good question. While there are games that get a lot of popularity in the community, they also tend to get overshadowed by bigger tournaments. This can change if there is enough hype surrounding a big tournament. However, until then, these smaller tournaments can come out on top if you focus on the smaller tournaments.
If you’re trying to win on e-sports betting, you need to have a good understanding of the games at the online casino. Try and avoid risky bets that you wouldn’t place on other betting markets, but remember that you don’t have to memorize everything about each game.
8. Track Your Results
The first step in any profitable endeavor knows where you stand. This should always be at the forefront of anyone’s mind, especially if you want to maximize the profit they make off an e-sports bet. If you’re going to bet on an e-sports-based betting market, it’s best to track your results to keep track of whether or not your predictions were right on.
By doing this, you can also spot patterns or trends that may be leading to certain bets being profitable, as well as you can see if there are certain betting markets where you’re having a tougher time winning or not. If you’re new to placing bets, don’t fear. This step is simple and can even be done from your smartphone in a matter of seconds.
Conclusion
If you want to bet on your favorite games or if you’re looking to bet on a new game in the online gambling world, keep in mind that most of the tips here apply to both the traditional sportsbook and the online casinos that offer e-sports betting. They apply equally to both types of online casinos, with the only difference being the game itself’s location.
