Gone are the days where people used traditional bookmakers for sports wagering. The transition from the old betting industry to the new one is really a noteworthy one. Yes, with an interesting relationship between betting and eSports, the betting industry witnessed the conventional unstructured skin betting to the most organized way of betting online. The new esports betting has got its great start quite slowly over these years but has obtained big traction now and forever.
Esports, also known as electronic sports, is nothing but competitive video gaming. To be simple, esports betting is the professional way of playing online tournaments and organized games with players all over the world at a time.
How does esports betting work?
Esports betting is similar to traditional sports betting. Based on the preference of players on social networks or online betting sites, there are terms like straight bet, money line bet, head-to-head bet, etc. The working of betting is as simple as that the player wager on a sports team of choice. This happens after deciding on the factors that make the best value for the players’ money. The factors of betting represent winning team chances and the place of betting with betting odds formats like American, decimal, and fractional. It’s advisable to know in and out of each betting before you start.
Know these before signing up for esports betting
Anyone of age above 18 years is allowed to bet online. Yes, simply making a bet doesn’t sound good if you are not aware of how to bring money to your pocket double fold. To get the benefits from scratch, you need a lot of patience, time, and effort.
Catch up the things to keep in mind before you go for esports betting:
- Betting odds and payout calculations
- Find the value in odds
- Keep a record of performance
- Effective banking management
- Research enough before betting
- Comparison of odds
How esports betting differed from virtual sports betting?
The betting that is played by imaginary characters of the sports team is known to be virtual sports betting, whereas, the betting that is played by real ones is esports. In virtual sports betting, the final result is determined by an algorithm and the players don’t have control over the result it brings out.
As said before, esports betting is quite similar to conventional betting with different game nature. If you are choosing a video game, say, tennis or football, the match may last for less time or more hours. This is where virtual gaming has its good name where the match is settled within less time.
How popular is esports live betting and streaming?
The world has always welcomed live betting wholeheartedly. Since this was the same with video games and conventional sports, this popularity is never a newbie to the eSports betting operators. In the live streaming, nothing changes, but only the odds get updated in real-time to make things a bit more lively.
The players get a real-time excitement when in live streaming of esports betting. It is true that every other second in esports betting is quite challenging as spontaneous changes may occur during the play. Live streaming takes place on YouTube and Twitch, where the challenging match takes place offline. The punters will be informed earlier about the live streaming platform so that they can go directly to the site to watch the outcome of their bets.
Know about best eSports betting games and recommended sites
Whatever the eSports betting games you play, it is quite important to know the game completely. For example, you can’t play football well if you don’t know running back and a quarterback. Yes, playing the game without knowing it won’t work. If you do so, it would be the best place for you to lose money. The best esports games are categorized into:
a) Multiplayer online battle arena games
b) First-person shooter games
c) Fighting games
d) Real-time strategy games
e) Sports and racing games
Coming to esports betting sites, it is important to check the trustworthiness. Here are the factors to check with betting sites:
- User-friendly
- Reliable
- Coverage of events
- Bonuses and rewards
- Best odds
- Various options for wager
- Easy withdrawal
Final thoughts
Esports betting is making its impression deeply in thousands of people around the world. It is one of the fast-rising sectors. However, for many newcomers, this is a completely new niche and hope our attempt to make you learn about esports betting is quite successful.
