Esports betting has become increasingly popular as the number of people interested in watching others play video games continues to grow. However, esports betting can be confusing for those new to it, and even experienced bettors can sometimes be unsure of the best approach. In this article, we’ll explore why people choose to bet on esports, how you can get started with esports betting yourself, and what you should know about it before you place your first wager.
What is an esport?
Esports are organized competitive video gaming events. They typically feature professional gamers playing either individually or as teams. Common games include Counter-Strike, League of Legends, Overwatch, and Fortnite. Esports began in the 1970s with arcade games and have grown in popularity with the rise of online gaming and streaming services like Twitch.
Are esports bettable?
Yes, esports is bettable! Many people enjoy placing bets on their favourite gamers and teams. If you’re interested in getting started with esport betting, you should know a few things. First, research the different games and leagues that are available to bet on. Then, find a reputable esports betting site that offers the games and markets you’re interested in. Finally, learn as much as you can about the teams and players before placing your bets. With some knowledge and effort, you can start enjoying this exciting way to add excitement to your favourite games!
How do you bet on esports?
Esports betting is a lot like traditional sports betting. You can bet on the outcome of matches, as well as on individual player or team performances. You can also bet on live events or futures (bets placed on events that will happen in the future). The most popular esports games for betting are League of Legends, Dota 2, and Counter-Strike: Global Offensive. The simplest way to start betting on esports is by making an account with an online bookmaker who offers bets on competitive gaming. Once you’ve done this, head to the website’s homepage and select your favourite game from the list at the top right corner of the screen. Once you’ve chosen your game, scroll down until you find an odds comparison table where you can see which teams or players are favoured at different odds by different bookmakers. After this, place your bet!
What’s happening in 2022 with esports gambling and games?
The global esports gambling market is expected to reach $30.8 billion by 2022, up from $12.9 billion in 2019, according to the research firm Newzoo. This growth is driven by the increasing popularity of esports, the legalization of gambling on esports matches in some countries, and the entry of major gambling operators into the market. Newzoo’s analysts predict that bookmakers will be the dominant players in this industry as they take advantage of their experience with sportsbooks and skill at running online wagering platforms.
In conclusion, esport betting is a great way to make money from your favourite games. It’s easy to start, and there are plenty of opportunities to make a profit. However, like any form of gambling, it’s essential to be aware of the risks involved. Be sure to do your research and set limits on how much you’re willing to bet. With some knowledge and caution, you can have a lot of fun and maybe even make money from esport betting.