How to Gamble on Esports?

There’s a lot of money to be made in gambling on esports. Here’s a guide on how to get started.

Introduction

In traditional sports, gambling has always been a huge part of the culture. From betting on who will win the big game to putting money down on your favorite player to score the most points, gambling is a way for fans to get more involved with the sport they love.

Now, with the rise of esports, gambling is starting to become a part of this new world as well. While there are still some hurdles to overcome, more and more people are starting to gamble on esports. If you’re interested in getting in on the action, here’s everything you need to know about how to gamble on esports.

First and foremost, it’s important to understand that not all countries have legalized gambling on esports. In fact, in some countries it’s still illegal. So before you start placing any bets, make sure that it’s not going to get you into trouble with the law.

Once you’ve establish that it is legal for you to gamble on esports in your country, the next step is to find a reputable bookmaker. There are a number of different bookmakers that specialize in esports betting, so do your research and find one that has a good reputation and offers odds that you’re comfortable with.

Once you’ve found a bookmaker, the next step is to decide what kind of bet you want to place. There are a number of different types of bets that can be placed on esports matches, so take some time to familiarize yourself with the options before deciding which one is right for you.

If you’re ready to start gambling on esports matches, then follow these steps and you’ll be well on your way. Just remember to always gamble responsibly and Only bet what you can afford to lose!

What is esports?

Esports is a form of competitive gaming that is facilitated by video games. The games are typically played between professional players, either as individuals or teams. Esports tournaments are often organized by gaming companies, and they can offer large cash prizes to the winning teams.

History of esports

The history of esports is as old as competitive video gaming itself. The first recorded esports competition took place in 1972 at Stanford University, where students played the space combat simulation game Spacewar. The university held another Spacewar tournament in 1973, which drew 10,000 participants from across the United States.

The 1980s saw the rise of arcade games as a popular form of entertainment, with classics like Pac-Man, Donkey Kong and Space Invaders leading the way. This decade also saw the birth of professional video gaming leagues, with the formation of the United States Air Force’s Cyber Athlete Professional League (CPL) in 1997.

Esports truly came into its own in the early 2000s with the advent of broadband internet and online multiplayer games such as Doom, Quake and Counter-Strike. These games gave rise to professional gamers and multi-million dollar esports tournaments, such as the World Cyber Games (WCG) and Major League Gaming (MLG).

The 2010s have seen Esports continue to grow in popularity, with games like League of Legends, Dota 2 and Overwatch attracting massive audiences and prize pools. The industry is now worth billions of dollars, with leading figures like Ninja ( Tyler Blevins) becoming global celebrities.

Popularity of esports

The most common video game genres associated with esports are real-time strategy, first-person shooter (FPS), multiplayer online battle arena (MOBA) and battle royale. Tournaments such as The International, the League of Legends World Championship, the Overwatch League Grand Finals and the Fortnite World Cup have become some of the largest sporting events in the world in terms of prize money, spectator count and overall popularity.

The popularity of esports has led to the integration of the industry into mainstream society. Many high-profile celebrities and athletes have invested in esports organizations, while traditional sports teams have begun to invest in their own esports franchises. In addition, traditional sports media outlets such as ESPN, CBS Sports and BBC Sport have begun to cover esports events and tournaments.

How to gamble on esports

Many people are interested in gambling on esports, but don’t know how to get started. Here are a few things you need to know before you start gambling on esports. First, you need to understand the different types of bets you can make. There are three main types of bets: moneyline, spread, and total. Each type of bet has its own set of odds. Moneyline bets are the most simple, and usually involve betting on which team will win. Spread bets involve betting on how much better or worse one team is compared to another. Total bets involve betting on how many total points will be scored in a match. You can also make prop bets, which are bets on things that don’t necessarily have anything to do with the outcome of the match. For example, you could bet on how many kills a certain player will get, or whether or not a team will take the first blood.

Types of bets

There are many types of bets you can make on an esports match. Here are some of the most common:

-Moneyline: this is a bet on which team will win the match. The odds will be expressed as either a positive or negative number. A positive number indicates how much you would win if you bet $100, and a negative number indicates how much you would need to bet to win $100. For example, if the moneyline for Team A is +150, that means you would win $150 if you bet $100 on them. If the moneyline for Team B is -200, that means you would need to bet $200 to win $100.

-Spread: this is a bet on whether a team will win by more than a certain margin, or whether they will lose by less than a certain margin. The margin is called the “spread.” For example, if the spread for Team A is +1.5, that means they must win by 2 or more points to cover the spread. If the spread for Team B is -2.5, that means they must lose by 2 or less points to cover the spread.

-Total: this is a bet on whether the total number of points scored in the match will be over or under a certain number. For example, if the total is set at 21.5, then you would bet on whether there will be 22 or more points scored in the match, or 21 or fewer points scored in the match.

-Futures: this is a long-term bet on who will win an event like a championship or tournament. Futures can be placed months in advance and typically have very good odds since there is so much uncertainty about who will ultimately prevail.

Odds

Odds are the probability of an event happening and can be represented in either fractional (UK) or decimal (European) odds. In the UK, odds of 5/1 would be spoken as “five to one” meaning that for every £1 you bet, you would win £5 including your stake if the event happened. In Europe, this would be written as 1.20 and spoken as “one point two zero”.

Fractional odds are most commonly used in the UK while decimal odds are more popular on mainland Europe. That being said, both types of odds can be converted into each other using a simple calculation. All you need to do is divide the right-hand side number by the left-hand side number and add 1.

For example, 4/1 fractional odds can be converted into decimal odds by dividing 1 by 4 (0.25) and then adding 1 which gives us a final answer of 1.25. To convert decimal odds of 1.50 into fractional, we divide 1 by 1.50 which equals 0.66 and then add 1 giving us 2/1 fractional odds.

Where to bet

The easiest way to start gambling on esports is to find an online sportsbook that offers betting on esports. However, with the popularity of esports growing, more and more traditional sportsbooks are starting to offer betting on esports. You can also find dedicated esports betting sites that only offer bets on esports.

Once you have found a sportsbook that offers bets on the esport you want to gamble on, the next step is to open an account and deposit some money. Then you can start placing bets!

If you want to gamble on an esport that is not offered by any sportsbooks, you can try using an online “skin betting” site. These sites allow you to use your Steam skins or in-game items as currency to place bets. However, skin betting is not regulated and there have been scams reported, so be very careful if you choose to use a skin betting site.

Conclusion

From what we’ve covered, it’s evident that there’s still a lot of grey area when it comes to gambling on esports. However, with the right knowledge and approach, you can certainly find ways to make it work for you.

Remember to always do your research, know the teams and players involved, and set limits for yourself. With a bit of luck, you’ll be able to score some great winnings from your bets.