Esports betting is a growing market with new opportunities emerging every day. If you follow esports, then you’re probably aware of the frequency of new betting websites and opportunities that arise. It can feel overwhelming at first, but once you understand how esports betting works, it’s not too difficult to get started. If you’re interested in getting started on esports betting, keep reading for a beginner’s guide on understanding esports betting.
What Is Esports Betting?
First things first: what is esports betting? Well, esports betting is the act of placing wagers on competitive video game matches. These matches can be held in individual-player-vs-player games or team vs team games. These competitive video game matches are known as esports matches, and esports betting is the act of betting on these matches. These esports bet online opportunities are where you can place wagers on the outcomes of these matches.
How To Place A Bet On Esports
Once you know what an esports event is, the next step is to learn how to place an esports bet online. Esports betting works similarly to traditional sports betting, but there are a few key differences. For starters, esports bet online usually accept both real money and in-game items as betting currency. Real money is what you’d expect, but in-game items are a bit odd at first glance.
The idea behind accepting in-game items is that you can use these to esports bet online without having to put real money on the line. This is great for beginners who want to try esports betting but aren’t sure if they’ll like it. Once you’ve decided on a site, you’ll need to create an account with that site. One of the most important fields is your payment information.
Alternately, you may need to use an online payment service. When you’re ready to place a bet, you’ll find an “open bets” page on the site. This page will list the types of bets you can place and the current odds for each match. Once you choose the types of bets you’d like to place and the match outcomes, you’ll be able to confirm your bet and have it added to the “open bets” page. Your bet will then be placed and be eligible to win prizes.
The Basics Of Understanding Esports Betting
Now that you’ve gone over the basics of what an esports event is and how to place a bet on esports, talk a bit more in-depth about understanding esports betting. As discussed, an esports event is an act of betting on competitive video game matches.
These are often organized into leagues and tournaments and can be viewed online. If you’re a beginner, the best way to start understanding esports betting is to look at the most popular esports games for betting.
Types Of Esports Bets You Can Place
There are a few different types of esports bets you can place, and they all revolve around competitive video game matches. The most common type of esports event is the match-winner bet. This is a bet on which team will win the match. Win bets can be placed on a single match or a tournament. You can also bet on the total number of maps won by a team.