Betting on eSports is very similar to traditional sports betting. There are teams and players listed as favorites or underdogs competing in a match or tournament playing to win.
The beneficial part of betting on eSports is the element of surprise. Unlike with football and basketball, eSports trends are far less frequent. Favorites and underdogs commonly fall victim to the unpredictable nature of eSports.
eSports tournaments and matches are typically formatted in one of four ways - Best of 1, Best of 3, Best of 5 or Best of 7.
Although the unpredictable nature may make it more difficult to pick a winner, eSports has an element of “rolling the dice” to outsmart the bookmakers in a field they’re not too familiar with.
The concept of eSports is still relatively new and changing, and there are still plenty of games on the rise in popularity, as well as new teams waiting in the wings to showcase their skills.
Overwatch - PC, PS4, Xbox
League of Legends - PC
Counter Strike - PC
Defense of Ancients 2 - PC, PS4, Xbox
The type of bets for eSports is somewhat limited, but similar to its community, they are growing.
Like traditional sports, the most common betting options are selecting an outright winner of a tournament or match winner for a specific match. The standard moneyline or handicap betting are also offered.
Betting on an overall tournament winner is most like placing a futures bet, with the payout taking much longer to result. Betting on the match winner on the moneyline is far more immediate with the payout resulting at the end of the game if the selected team wins.
Handicap betting is similar to spread betting in traditional sports. For example, if Team A is a -1.5 match favorite in a Best of 3 format - Team A would have to win the series 2-0 for the bet to result as a win.
Aside from the common betting options, eSports offer a few other ways to get bettors involved in the action and provide a quicker return on bets.
First-Blood bets are similar to the traditional ‘first to score’ prop bet offered in football. The concept is simple: Select the team that will pick up the first win of the match and the bet results in a win.
First to 10 kills is another bet offered which is about as simple as the first-blood bet. Place a wager on the team to total ten kills first for a winning result.
If you’re new to the world of eSports, there are certain athletes that tend to win a lot and you’ll want to follow them closely as you would in any other sport.
Faker is highly regarded as the best League of Legends player in the world.
The 22-year old South Korean native is a three-time League of Legends world champion, and has a net worth of over 4 million dollars.
Defense of the Ancients has one of the highest grossing prize pools in the gaming world, and Kuro Takhasomi sits right at the top of it all.
KuroKy is the highest-earning eSports player of his time, winning over 5 million dollars in tournament prize money.
American gamer Peter Dager is one of the next best known DOTA2 players, not just for his skills but also for his personality.
PPD was the former CEO of team Evil Geniuses which won several tournaments under his leadership. Dager’s net worth is around 2 million dollars courtesy of prize money and sponsorships.
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