With the vast majority of gamers as avid spectators as they are players, it’s no surprise that the success of esports bet is also tied to these events. The International Olympic Committee announced that esports is an official sport. This represents a huge step forward for the industry and proves that the growing popularity of esports is something that can be capitalized on rather than ignored.
If you’re looking to get ahead of the curve and take advantage of esports in Olympics, read on to learn more about how to predict odds on esports betting in the Olympics.
What Is Esports Betting?
The introduction of esports bet at the Olympic level means that punters will now be able to place wagers on professional video gaming competitions. To put it simply, esports in Olympics allows you to bet on e-sports matches using money from a bookmaker.
This means that you can now place bets on competitions like League of Legends, Counter-Strike: Global Offensive, and Dota 2. While the majority of bets will likely be placed on FIFA and Call of Duty, the introduction of esports betting opens up a wealth of new investment opportunities too.
There are now plenty of ways to make money from esports bet. You can place bets on outright winners and match winners, but you can also bet on different outcomes in the games, like who will win the next round or who will be the first to score a certain number of points.
Why Is It Important To Predict The Odds On Esports Betting?
The main reason that it is important to predict the odds on esports in Olympics is because of the exponential growth that this trend is set to experience over the next few years. The introduction of esports in Olympics will mean that there will now be twice as many people placing bets on the competitions compared to before.
With more people betting on esports in Olympics, the value of the industry will increase exponentially too which means that you can make even more money by predicting the odds on esports betting.
If you want to get in on the ground floor and capitalize on this opportunity, you’ll need to learn how to predict the odds on esports betting as soon as possible.
How Can You Predict The Odds On Esports Betting?
To predict the odds on esports bet, you’ll first need to differentiate between different types of esports. There are several different games that people bet on when it comes to this industry, such as FIFA, League of Legends, and Call of Duty.
Before you start placing bets on any of these games, you’ll first want to find out how popular they are and which titles are currently the most lucrative to bet on. When you know which games are the most lucrative, you can start placing bets on the games that have the highest potential to offer you profitable returns.
There are several ways that you can predict the odds on esports bet. You can bet on who will win the next round, who will win the current round, and who will be the first to win a set number of points. The best way to predict the odds on esports betting is by comparing the popularity of the different games and betting on the games that have the highest potential to generate short-term profits.