The esports industry has grown spectacularly over the years, and many individuals have yet to understand what esports is all about. Esports are interactive video games played between players and teams. It differs from the usual video games as players do not play against computer programs but actual persons like themselves.
Esports games come in different genres; tournaments are set up with thousands of fans watching as players and teams compete among themselves and millions of fans worldwide, watching online as the whole event unravels through Livestream features.
To further emphasize its massive growth, the esports industry has been evaluated to generate over $2 billion by 2023. However, the enormous growth has extended into the betting industry as fans worldwide can place bets on their favorite esports players and teams during competitions or league tournaments.
HOW DOES ESPORTS BETTING DIFFER FROM TRADITIONAL SPORTS BETTING?
Placing bets on video gaming events might seem different from casual sports betting to most bettors. However, the reality is that esports betting is not so different from other sports betting. Bettors get to choose their preferred esports betting sites as they would choose any sports betting site.
Traditional bookmakers like top sports betting Canada platforms such as 20Bet now facilitate esports betting, although there are dedicated betting sites for esports only. The esports betting odds are represented the same way as the usual sports betting odds. Moreover, esports betting is one step ahead of the rest with interactive features like live streaming, social media connections, and live statistics.
Most traditional betting sites focus on main competitions, such as the esports FIFA league and LoL world competitions. In contrast, esports dedicated websites may offer pre-match and live betting odds on a wide range of esports games and competitions.
HOW TO CHOOSE THE BEST BOOKMAKERS FOR ESPORTS BETTING
If you are looking to choose a bookmaker for your esports betting activities, the following are the deciding factors to look out for:
SAFETY AND LEGALITY
Be careful to choose bookmakers with laid-out safety policies and valid legal licenses for operations. These are essential factors to look out for to ensure the safety of deposited funds and bet winnings.
FAVORABLE ODDS
Players are advised to look for the best bookmakers with the most favorable odds. However, it is not advisable to sacrifice safety for favorable gaming odds.
AVAILABLE BONUSES AND PROMOTIONS
Players should be aware of the bonus and promotional offers on bookmakers as these can boost gaming accounts and increase one’s chances of winning. A few of these offers to look out for include deposit/no-deposit bonuses, free bets, and VIP/loyalty programs.
AVAILABLE BETTING MARKETS
Like casual sports betting, players willing to take risks while mixing up betting strategies can also do that in esports betting. If you are tired of the usual match-winner esports bets, the other available betting markets include outright esports bets, system esports bets, and esports-specific bets.
Outright esports bets allow players to bet on the winner of a particular competition even before it has begun. On the other hand, system esports bets, just like accumulator sports bet, allows players to bet on a range of selections, providing massive betting odds and, in turn, tremendous winning possibilities. Finally, esports-specific bets allow players to bet on specific events during play, for instance – what player or team would first make ten kills.
CONCLUSION
Esports betting may be new to many bettors, but there are many opportunities to benefit from betting on esports games. So choose an appropriate bookmaker, place your esports bets and start winning today.