Five things to consider when starting with eSports betting
Professional players and teams battling it out against each other in competitive video games has been a market on the rise for quite a while and this growing eSports industry is showing no signs of slowing down. The total amount of tournament prize pools are increasing, new games are being released with eSports in mind and gamers all over the world are becoming more and more interested in watching the world’s best players competing for a prestigious title and a juicy amount of cash. If you want to know more about it, you can read more about CSGO gambling here.
This growth has resulted in several online betting companies offering the possibility to wager real money on the matches going down, which for many eSport passionate fans has become a regular past time activity. It’s not only a way to spice up the excitement of the action packed matches going down, but it offers an opportunity to make some extra money by placing the right bets.
To get the best possible eSports betting experience and increasing your chances of becoming profitable, we have created this article to highlight five things that are important to consider when starting with eSports betting.
Choose the eSport game you have the most knowledge of
To make a profit from betting on eSports, one of the most important things is to have as much knowledge as possible about the game, the professional teams and the tournament going down. At the end of the day, the odds you are choosing to bet on are nothing but probabilities set by the operators and by making better predictions than them, you have a great chance of becoming profitable in the long run.
The majority of casual gamers and even semi-pros are into more than one eSport game. It’s not unusual for a true MOBA fan spending most of their time on Dota 2 or League of Legends to also play a match of CS:GO every now and then. The recent rise of Fortnite has also made a lot of gamers turning to this highly popular battle royale title.
While betting on several games can be great for entertainment purposes, your chances of making a profit will always be the best with the game you have the most knowledge of. If you’re looking to make some extra money, it’s therefore recommended to stick with this game and further your knowledge about it and the competitive scene as much as you’re comfortable with doing.
Bet with a trustworthy bookmaker that’s best suited for you
Since eSports betting became popular, a wide range of operators have started to offer odds on competitive video games and there’s nowadays a huge selection of bookmakers to choose from. While it’s possible to pick any of them to start your betting adventure, your choice will always have a great impact on your experience as there are several things that separate the bookmakers from each other and they all have their own pros and cons. Some of the factors that varies a lot and which are highly recommended to keep in mind when choosing an operator is:
– The type of games and the amount of matches odds are offered on
– The number of markets* provided on the matches
– The value of the welcome offer and frequency of other bonus offers
– The time it takes to process a withdrawal and settle a placed bet
– The availability of the customer support
– The trustworthiness of the operator
*Markets are different betting options that can be offered on a match. You’re always able to bet on the winner of the match, but with some operators you will also find several other bet options such as which team that will destroy the first tower in Dota 2 and LoL or the first team to win five rounds in CS:GO.
It’s quite common that new eSport bettors turn to well-established betting sites as these have a huge marketing budget, which makes it possible for them to be seen everywhere. While choosing these sites isn’t necessarily wrong, it’s easy to miss a lot of hidden gems that would provide a much better experience.
With the rise of eSports betting, a lot of bookmakers with a full focus on eSports have appeared on the internet and some of these offer a much better experience than many of the operators that have been in the online gaming industry for ten or more years. This is because well-established bookmakers are putting most of their focus on casino games and betting on soccer, tennis and other traditional sports that are still much more popular.
An example of a recent operator focused on video game betting is Arcanebet. Behind this site is a team of eSport enthusiasts that are determined to provide a world class eSports betting experience. They offer odds on a huge selection of professional eSport matches from several games and also have a wide range of different betting markets to choose from. In addition to this, new players receive an extremely valuable welcome bonus, which is truly one of a kind.
Compare operators by reading bookmaker reviews
If you’re not already into the online gaming industry it’s not easy knowing about the operators to choose from and even with a deep insight of the industry it’s actually hard to catch up on all of the new bookmakers appearing. To set yourself up for the best possible eSports betting experience, it’s therefore highly recommended turning to a site that has made it their job to review bookmakers and compare eSport operators.
There are quite a few of these sites that you can find with a quick Google search, but one of the most popular ones to use is eBetFinder. eBetFinder provide a lot of valuable information about getting started with eSports betting, which includes reviewing and listing all of the best eSport operators in a user friendly fashion.
Get started with a valuable welcome offer
When it comes to being profitable from eSports betting, the second most important thing after being knowledgeable is making use of bonus offers. As there are plenty of different operators to choose from, these are required to compete against each other to attract players and an efficient way of doing this is through bonuses.
This is great for bettors as the majority of bonuses provide an extra value. You’re for instance able to find offers that will give you extra money to bet with when making a deposit. It could be a bonus that gives you 100% up to €100, which means that if you deposit €100, you will receive €100 extra.
These offers do however always come with certain terms and conditions and before taking part of one you should always read these through as they determine the value of the bonus. Usually they can all be profitable, but a common requirement that the bonuses come with is that the received bonus amount needs to be wagered a certain amount of times on a certain minimum odd before a withdrawal can be made. It could for instance be that your received €100 needs to be wagered 10 times on odds 1.70. The higher the odds, the harder it usually is to complete the bonus as high odds mean a low probability for the result to happen.
Finding really good offers with advantageous terms can be quite hard and your best chances are to find them through welcome offers. This is a type of bonus that only new players are able to take part of and is usually extra valuable as its purpose is to get bettors signing up and depositing with the operator.
As previously mentioned in the article, Arcanebet is an eSports betting site offering a one of a kind welcome bonus. This is a deposit offer of 100% up to €100, which is very valuable as there are no minimum odds to the wagering requirement, meaning that you can complete the bonus by betting on any selections that you like. It’s therefore possible to choose matches with very low odds thus betting on safe options that are very likely to occur.
Bet with your brain and not with your heart
Having a favorite team to support and cheer on in tournaments and matches is definitely a passionate way to increase the joy and excitement of the whole eSports experience. If you’re into making a profit from betting on video games, it is however very important that you disinclude your heart from your decision making and let your brain do all of the talking.
Becoming as profitable as possible is much about making the correct match predictions and when doing this you have to have an unbiased mind that can analyze the matches objectively. Betting on your favorite team just for the sake that you’re hoping they will win, can be quite a costly decision.
Never bet more than you can afford to lose
When it comes to online gambling, such as eSports betting, a golden rule is to never bet with more money than you can afford losing. The majority of people has no problem controlling their gambling habits, but it is after all an activity that can be quite addictive and it’s therefore of great importance to always have your spendings in mind and not let yourself get carried away.
Setting up a monthly bankroll budget can be an efficient tool in keeping track of your wins and losses. Managing this correctly can also increase your chances of making a profit as the goal of a bankroll is to never lose it. This does for instance mean that no matter how sure you are of a betting prediction that you’ve made, you should never risk more than a certain percentage of your bankroll.
Learning about bankroll management is usually not needed for casual bettors, but if you’re looking to advance with eSports betting and are serious about making a profit it’s highly recommended looking into.
