Esports betting is basically gambling on the outcome of competitive video game matches.
Just like traditional sports betting, you can wager on things like who will win a match, tournament champion, or even specific in-game events.
It’s a growing industry with different bet types on games like League of Legends or Counter-Strike.
Inspired by the informative betting guide provided by TPP, I’m diving into the world of Esports Betting with some tips and strategies.
Esports Betting Tips: Mastering the Game Beyond the Keyboard
Esports has exploded in popularity, and with it, esports betting. But placing a successful esports bet requires more than just cheering for your favorite team.
This guide equips you with the knowledge to make informed decisions and navigate the world of esports betting.
Understanding the Games:
- Know the Different Esports: Not all esports are created equal. Familiarize yourself with popular titles like League of Legends (LoL), Dota 2, Counter-Strike: Global Offensive (CS:GO), and Valorant. Each game has unique mechanics, strategies, and factors influencing victory.
Researching Teams and Players:
- Team Form and Performance: Track win/loss records, recent performances, and how teams have fared against specific opponents. Are they on a hot streak or slumping?
- Player Stats and Roles: Individual player performance can significantly impact the outcome. Research star players, their strengths and weaknesses, and how they synergize with teammates.
- Practice Matches and Scrims: Following teams’ practice sessions and scrimmages can shed light on strategies, team cohesion, and how they’re adapting to the meta (the current most effective strategies).
Following the Esports Scene:
- Esports News and Analysis: Stay updated on esports news, roster changes, player transfers, and upcoming tournaments through dedicated websites and esports journalists.
- Analyst Predictions: Utilize insights from reputable esports analysts, but remember, predictions aren’t guarantees.
Choosing Your Bets Wisely:
- Go Beyond Moneyline: The Moneyline (picking the winner) is a popular bet, but explore other options like handicaps (evening the odds), map winners, and total kills/rounds (over/under).
- Shop Around for Odds: Different esports betting sites offer varying odds. Use odds comparison websites to find the most favorable wagers.
- Bankroll Management: Set a budget and stick to it. Never bet more than you can afford to lose. Treat esports betting as entertainment, not a guaranteed path to riches.
Disclaimer: Esports betting can be addictive and risky. Only bet with licensed operators, and always bet responsibly.
Also read: How can I improve my chances of winning in Mobile Legends esports betting?
Esports Betting Strategies: Level Up Your Wagering Game
Esports betting offers a thrilling way to engage with your favorite games and pro players. But unlike cheering from the sidelines, esports betting requires a strategic approach.
Advanced Research Techniques:
- Deep Dives into Team Strategies: Analyze teams’ past matches, focusing on champion picks, map bans, and playstyles. Look for patterns and tendencies that might indicate their approach to upcoming matches.
- Statistical Analysis: Websites offer advanced esports statistics. Use them to compare teams’ performance in specific areas like kill/death ratios, objective control (in games like LoL or Overwatch), and economy management (in StarCraft 2).
- Social Media and Player Streams: Follow pro players and teams on social media. Watch their streams to gain insights into their practice routines, champion pools, and mental state.
Mastery of Specific Bet Types:
- Live Betting: Take advantage of live betting features offered by esports betting sites. Carefully analyze the flow of the match and identify potential turning points where odds might shift dramatically.
- Value Betting: Don’t just blindly follow the favorites. Look for situations where the odds seem skewed compared to your analysis. This could be an underdog with a good chance of pulling an upset or a specific map winner bet with a high potential payout.
- Hedge Betting: For risk-averse bettors, hedge betting involves placing multiple bets on the same event to guarantee a profit regardless of the outcome. However, this requires careful calculation and may not always be profitable.
Advanced Bankroll Management:
- Flat Betting: This involves wagering a consistent amount on each bet. It’s a good strategy for beginners to build their bankroll gradually.
- Unit Staking: Allocate a specific unit value (a percentage of your bankroll) to each bet based on your confidence level in the outcome. Higher confidence allows for a higher unit stake.
- Kelly Criterion: This advanced mathematical formula helps determine optimal bet sizes based on odds and bankroll. However, it requires in-depth understanding and carries greater risk.
Psychological Strategies:
- Controlling Biases: Be aware of potential biases like favoritism towards certain teams or players. Let your research and analysis guide your decisions, not emotions.
- Avoiding Tilt: Losses are inevitable. If you experience a losing streak, take a break to clear your head and come back with a fresh perspective. Don’t chase losses by placing impulsive bets.
- Setting Win Goals: Define clear win goals and stick to them. Don’t get greedy and risk overextending your bankroll.
Esports betting strategies are tools, not magic formulas. Always prioritize responsible betting practices.