The esports industry is already worth billions of dollars, and it’s only getting bigger. In fact, the esports market is predicted to grow by another 25% in the next year alone. If you’re going to bet on esport as a way to earn some quick cash, let this be your guide. Whether you know nothing about esports or are a hardcore fan, this article will give you all the information you need to get started when you bet on esport.
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What Is Esports?
The word “esports” combines the words “electronic sports.” It refers to professional video gaming tournaments that are broadcast online or live. Many people have never even heard of esports before, and that number will only grow larger as the industry continues to grow. As with any other sport, esports is played competitively at a professional level. A tournament will take place, and teams will compete against each other in a variety of different games. The team that wins the tournament will usually walk away with a pretty hefty cash prize.
How To Bet On Esports?
Before you bet on esport, you want to ensure that you’re knowledgeable about the game. If you don’t know its ins and outs, you’ll probably lose a lot of money. Esports is a very complex industry, and it’s full of terminology that only seems to make sense if you’re deeply entrenched in the culture. It’s important to familiarize yourself with the different terms before you start to bet on esport. This is especially true if you plan to bet on esport using an online sportsbook. You’re not going to be able just to pick a game and place a bet on it. You’ll have to do your research beforehand and ensure that you’re betting on the right team. You also don’t want to place a bet just to place a bet. You want to be sure that you’re putting your money into a team that will win.
Which Games Should You Bet On?
Not every esports game is created equally. Some games are practically guaranteed to make you money, and some are better left untouched. This will vary from game to game, but let’s take a look at some of the most popular esports games and see how they stack up.
Counter-Strike: Global Offensive
With over 10 million active players, CS:GO is easily one of the most popular esports in the world. It’s a first-person shooter that attracts a wide variety of players. There are online leagues and tournaments for CS:GO all over the internet, which means that there’s plenty of betting action to be found. You can wager on everything from which team will win a tournament to who will get the most kills during a specific match. You can generally expect to see plenty of bets on CS:GO tournaments.
League of Legends
League of Legends is one of the most popular esports in the world. Even if you don’t know anything about esports, you’ve probably heard of it before. The LoL World Championship tournament routinely pulls in millions of viewers, making it one of the most lucrative esports tournaments. You can bet on LoL in pretty much the same way as CS:GO.
Dota 2
Another game that competes with LoL for the world’s most popular esports game is Dota 2. It’s a multiplayer online battle arena (MOBA) game with hundreds of thousands of active players. Dota 2 has much in common with League of Legends and shares many of the same betting types.
Where To Bet On Esports?
You can bet on esport from pretty much anywhere in the world. The landscape of esports betting has changed significantly over the past few years. Many top betting sites are now accepting cryptocurrencies like Bitcoin, making it easy for bettors to place bets no matter where they’re located. You can also take advantage of esports betting bonuses when you sign up for an account. These bonuses are designed to entice new players to open an account and give them some extra cash to get started.
Tips For Winning At Esports Betting
There are plenty of ways to make money by betting on esports. You can even turn it into a full-time job if you want to. These tips will help you turn esports betting from a hobby into a profitable career.
Do Your Research
Every sport is different, and every esports game has its unique rules. You can’t just jump into esports betting without learning everything you can about the games you’re betting on. You don’t want to be the guy who bets on the wrong team only to find out that you were wrong and have no idea why.
Start Small
You don’t have to bet the house on your first esports bet. Start off small, and learn how the industry works. You don’t want to go into esports betting with the expectation that you will make a million dollars immediately. It takes time to get good at this, so don’t get discouraged if you start off with a couple of losses.
Be Patient
Just because you start betting on esports doesn’t mean that you will start winning immediately. It takes time to get good at this, and you need patience if you want to succeed.
Final Words
Esports is a huge industry that is growing every year. If you’ve ever wanted to make money betting on video games, now is the time to do it. It’s easier than ever to place bets online, and more esports tournaments are taking place than ever before. This makes it easier than ever to find games to bet on. Now that you know what esports are and how to bet on them, you can make some quick cash while also enjoying yourself. This is a great hobby for gamers, and it’s also a fun way to interact with friends and family members who also love video games.