eSports is growing in popularity as more bettors are taking an interest in the venture. They used to have a bad reputation, with people calling them difficult and tricky. Today, however, people have come to prefer them over more popular gambling platforms, as esports is more straightforward than they appear.
eSports is a group of competitive games where players compete against each other in specific sports games. Before now, players would gather in a physical location to participate in tournaments, but with technological advancements, players can participate from virtually anywhere. Plus, bookmakers can better provide resources like NBA picks and parlays.
Read on as we discuss everything you should know about eSports betting:
Types of eSports Bets
Here are some of the main types of eSports bets
- Group winner: If the teams are grouped, you’re betting on the winning group
- Group of Winner: You are betting on the group with the tournament’s overall winner.
- Draw: You bet that the game will end in a draw
- Handicap bet: Handicap bets occur when the sportsbook places a line to give the underdog a slight advantage to equalize the playing field. So, you’re betting on the handicapped team to win or lose.
- Outright winner: Here, you’re placing a futures bet on the tournament’s overall winner. A futures bet is a futuristic bet placed for long-term earnings. It doesn’t rely on immediate outcomes but on the outcomes of a game or tournament.
- Over/Under: You’re betting on the sportsbook’s stats for a game or tournament. You’re placing a bet on whether the actual figure is higher or lower than the bookie’s odds.
- Total Rounds: You’re betting on whether the match will go over or under a specific number of rounds.
Where to Place eSports Bets
Now that you know the types of eSports bets, the next challenge is finding a good platform. Here are a few requirements you should use for the ideal eSports betting platform:
Fast Payouts
Fast payouts should be any bettor’s priority. It isn’t enough to win; your chosen eSports platform must pay out in a timely fashion. Hence, deposit and withdrawal speed is often a defining factor for many bettors.
Betting events are often brief, meaning they last only a short time, so you need your bookie to process your deposits quickly. The speed is particularly essential when you need to withdraw. Imagine waiting for ages to process your withdrawal.
Live Betting
Live bets are popular in the eSports betting industry. They enable bettors to match real-time bets while the game goes on. Many gamblers swear by live betting because it allows them to make better-informed predictions from live match occurrences.
While live betting is relatively new, it is a gambling game-changer for many bettors.
Signup Bonuses
Today, signup bonuses are commonplace in many betting platforms. They certainly differ with every site, but they aim to help newbies start off on the right foot. So, looking for platforms with juicy signup bonuses would be best.
Often, newbies can use their signup bonuses to place bets, win, and even cash out. Plus, it helps them learn the technical side of the games without investing their money. Some platforms even offer second-chance promos to encourage newbies to trudge on.
Payment Methods
Betting sites often have specific payment methods that they use consistently. Therefore, you must ensure that your preferred eSports platform uses compatible payment methods to avoid any hitches during your withdrawals.
Some of their preferences depend on your location. For instance, many platforms don’t accept PayPal from Nigerians, requiring them to use another method.
License and Verification
Before signing up for any betting platforms, ensure that you verify their licensing. Some cybercriminals hide under the guise of betting platforms to phish information from unsuspecting bettors.
Ensure that they are verified and check for user reviews. These reviews can also give you insight from real bettors, which you use to make better-informed decisions.