Before placing any wagers on eSports, it’s important to be informed of the world! There are a ton of different markets, bet types and eSports to take in and it can be a lot for newbies and veterans alike. Below, we’ll teach you the different categories of eSports betting and how you can bet on eSports!
Markets and Betting Types:
- Tournament Winner: As it sounds, you are betting on the outright winner of a tournament, such as DreamHack. Known as a futures bet as well, betting on the tournament winner can give you better odds than placing a wager when play has begun. It can be difficult to win these bets, but the payout is usually greater!
- Moneyline: One of the biggest and easiest bets to understand when wagering on eSports, the Moneyline lets you choose the winner straight up. In a CDL matchup between OpTic Texas and Toronto Ultra, you will find one team to be the favourite and one to be the underdog. Simply choose which team you think will win head-to-head and that’s it! If you choose the correct team, you win your bet.
- Bracket/Group Winner: Some eSports have brackets in their tournaments. Like betting on the World Cup, you can wager on which eSports team will win their bracket. You will find bracket/group winner bets for some of the biggest tournaments, like Rocket League!
- First Map: Those who frequent betting on first-person shooter (FPS) games will know of first map bets. This is a wager on who will win the first map (game) of a match. Being knowledgeable of teams that tend to win their first maps can help give you an advantage! This wager is popular in games like CS:GO and Call of Duty.
- Over/Under: Over/Under bets typically apply to total score in professional sports but in eSports it can be applied to score, maps and other statistics you can quantify in eSports. Over/Under bets can also be applied to how many series a team will win in round robin play to how many points a team will score over the course of a season. This wager is popular among online betting sites due to its versatility.
- Parlay: Also known as accumulators, parlay bets is the combination of multiple wagers into one. You can combine professional sports with eSports but unfortunately you will not be able to add multiple bets from the same match up (unless otherwise stated). Parlays on eSports betting sites can give you better odds but at increased risk, since you need all legs to win for your slip to cash. If one wager fails, then so will your bet.
- Live Betting: Momentum can swing and live betting allows you to take advantage of that. You’ll see live betting options on sites like Sports Interaction, where a simple round loss could impact odds. Live betting is great for those that want to bet on the fly, with the odds reflecting how the game is unfolding.
- Fantasy: Like fantasy football or basketball, you can draft players for fantasy eSports! This is popular in team games like Call of Duty and the NBA 2K! Bettors are usually given a budget to work with and then they must build their team based on how much eSports players are worth, set by the bookmakers. There is a ton of strategy involved and if the team you pick performs well, you could win big.
Odds indicate how much money you would earn on a certain bet! It also indicates the favourite and underdog. The most common eSports odds will be American, Decimal and Fractional. Below, you can see how the different odds are integrated with payout percentage!
Payout percentage refers to the total money given back to the player that wins. Payouts are determined by your original stake (wager) and the odds from the bookmaker.
If the Toronto Ultra are listed at –110 on the moneyline, a $100 wager would earn $90. Then the total payout would be $190.
How the odds are displayed also gives insight into your payout percentage. Typically, you’ll find American, Decimal and Fractional odds on betting sites.
American Odds: Indicate the amount you need to stake to win $100. Toronto Ultra at –120 means you would need to wager $120 to win $100.
Decimal Odds: This number represents the amount one wins for every $1 wagered. FaZe Clan at 4.00 means you would win $4 for every $1 wagered. On a $20 bet, you’d have a payout of $80.
Fractional Odds: Listed with a slash (6/1), these odds would mean that you win $6 for every $1 wagered. With odds at 6/1, a $100 would win you $600, with a total payout of $700.
Strategies and Tips:
Playing to your strengths when beginning your eSports betting career can help give you the best advantage. Here are some strategies and tips to help make you a successful eSports bettor.
Bet on Games You Know: This seems like an obvious answer but betting on eSports you are knowledgeable of is a great way to start your career. We don’t want you throwing away money on eSports betting sites by wagering on the unknown. When it doubt, trust what you know!
Set a Betting Budget: eSports is notorious for upsets, which is why setting a budget can help you be a responsible gambler. Setting aside a certain amount to wager on and sticking with it will help you avoid overindulging.
Use Betting Bonuses: Bonuses are there for a reason! Seek out the best bonuses that impact on you and use them to your advantage.
Reasearch Teams and Players: Professional sports have advanced statistics and so does the world of eSports. Researching head-to-head competition and how players perform will help with your success as an eSports bettor.
ESports Betting Bonuses:
Bonuses are a way for betting sites to encourage wagers on events. You will find bonuses across major events, but smaller events like weekly match ups may feature bonuses as well.
The most common bonuses include welcome bonuses for first-time players. However, eSports bettors can also take advantage of bonuses like free plays and boosted odds.
Leagues and Tournaments:
ESports will have leagues and tournaments to help crown winners. Some of the most popular eSports tournaments you can find odds on include the Arena of Valor World Cup, Call of Duty League, CS:GO Majors, DreamHack, ESL, Fortnite Cash Cups, Halo Championship Series, and Intel Majors.
Any serious eSport (whether Console, PC or Mobile) will have tournaments, leagues, and cups to help crown winners with various prizes. Some leagues, like the Call of Duty League span across multiple months to crown a winner, culminating in a final playoff. The majority of serious eSports will have competitions in seasons with an eventual winner.
Smaller events like the LeagueGaming Friday Night Face-Off will begin and conclude in one weekend, with various prizes.
No two eSports are the same! With different objectives and goals, the entertainment never ends. The beauty of betting on eSports is that there is a variety of games and competitions that you can choose from, which we break down below!
First Person Shooter (FPS): Call of Duty, Apex Legends, Halo, CS:GO, PUBG.
Third-Person Shooter: Fortnite.
Sports Games: Madden, NBA 2K, PGA, NHL.
Fighting: Mortal Kombat, Tekken, Super Smash Bros.
Card/Table: Online Poker, Chess, Checkers, Magic: The Gathering, Yu-Gi-Oh, Hearthstone.
Racing: iRacing, Needs for Speed, Mario Kart.
Multiplayer Online Battle Arena (MOBA): Dota 2, League of Legends, Arena of Valor, Warcraft.
Most Popular ESports Games:
The variety of popular eSports is what excites bettors! Mobile Legends: Bang Bang is a popular mobile game that has a chokehold on the Southeast Asian market.
Looking at other mobile eSports, PUBG Mobile and Arena of Valor dominate mobile eSports, with peak viewers in the hundreds of thousands.
Many eSports bettors and fans will know of PC/Console games, such as Valorant and CS:GO. Viewers for these matches and events can reach in the millions, which shows their strength in the market.
Not done there, games like League of Legends, Apex Legends, DOTA 2 and Call of Duty are other popular eSports that garner interest from fans and bettors alike.
While games like Rainbow Six Siege, Rocket League, Fortnite and Halo have slightly fallen off, we’d consider them to be among the most popular eSports games in the world.
Bettors looking to wager on popular eSports can turn their attention to the games listed above. While other games like Madden and NBA 2K may offer betting odds, they aren’t as popular as the games listed. The majority of popular eSports console games will have betting odds, and niche sites may provide odds on mobile eSports.