eSport Betting – The Basics Explained

Esports player concentrated on game

Betting on eSports is taking off and explosive growth means that the market is expected to be worth around $30 billion. With over one billion people taking part in video games, this type of betting is really taking off. If you enjoy video games, then eSports betting is a fun way to place a wager and make watching tournaments more fun.

What are eSports?

For the uninitiated eSports are electronic sports or video gaming. Gaming has gone far further than playing against someone else next to you and an additional console. With the internet, people can play against anyone else in the world, and as such, tournaments have now sprung up. Professional gaming is a thing. Players play for prizes of a million dollars and the events are televised for millions to watch by broadcasters such as ESPN. As the events have grown, bookies have inevitably got in on the action. If there’s an event, with a winner and a loser, there’s money to be made. Here is a list of just some of the video games in the field of esports you can bet on:

  • Battlefield
  • Call Of Duty
  • FIFA Soccer/Football
  • Halo
  • Dota 2
  • Counter-Strike Global Offensive

And More!

Other games that are played in the field of esports include: League of Legends, Hearthstone, Street Fighter, Heroes of Warcraft, World of Tanks,  Rocket League, Overcraft, Heroes of the Storm, PUBG, Starcraft II, and Super Smash Bros. If you want to bet on any of these games, you don’t have to be an expert, but it would help if you knew the basics.

Aside from knowing the eSport games you also need to know the tournaments that are played. Here’s a list of major ones:

  • Halo World
  • Championships
  • eGames Evolution Championship
  • Call of Duty Championship
  • Capcom Pro Tour
  • League of Legends World Championships
  • The International Dota2
  • World Electronic Sports Games
  • World Championship Series

What about the players?

Just like you wouldn’t bet on just any old tennis player without knowing anything about them, you need to know which players are good and that takes time to become knowledgeable, especially with so many video games. The rule of thumb is never to bet on something you know nothing about, so take the time to research.

There are also a few different things that you need to know about eSport betting. If you are not a video gamer yourself, then you should just place a real money bet on who you think will win that particular game.

More ways to bet

However, gamers also have now taken to betting skins. This is super popular and means to wager a bet with the currency of an individual game. You can, therefore, place a bet of a battleaxe, a knife, or whatever the currency happens to be.

While gamers generally play in contests that are organised, with virtual gaming, it’s possible to set up a game with one player challenging another. There are then sites that will help to arrange these contests for a fee. The winner of the game will win the ‘pot’ minus the fee. It’s important to only place an eSports bet on a licensed platform so your money is safe. Bes of luck!

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