As an esports fan, you will know how popular this area of gaming has become in recent years. Always an interesting and consistently evolving area, esports has now officially become part of the mainstream. Ever since the boom during the COVID pandemic, esports has been reported on just like traditional sports – and some events attract bigger audiences than the Super Bowl.
Professional esports gamers are now celebrities and fans are eager to keep up with all the latest news and events. One area of the industry that has skyrocketed in terms of popularity is esports betting. The big events attract huge amounts of interest and the fans can now make their own predictions on what they think will happen.
If you are new to esports betting, you may want to read an honest MyBookie review to find out about all the markets that are available. You should also do a little homework on how to bet on esports – and that is where this handy article will help. Read on to discover everything you need to know about backing your favorites in the wonderful world of esports.
Registering for a Customer Account
The first thing to realize about online betting is that you will need to register for a customer account with a sportsbook before you can do anything. You may be under the impression that all betting platforms are the same, but it is the small differences that can have a big effect on your experience and winning potential.
There are now esports-specific betting sites that will give you a more concentrated and expert-led experience. But most of the established bookmakers also have esports markets on offer these days, so feel free to go with a big name in the business if you prefer. Signing up for a new account is very straightforward and you should be able to claim some kind of new customer bonus at the same time.
Explore the Markets
This factor should play a big role in which sportsbook you end up signing up with (you should also know that there is nothing stopping you from registering with multiple sites). Gone are the days when you had to make do with a meager amount of markets – now you can bet on just about anything related to esports events.
Look for the markets that you want to bet on, though. No one is forcing you to spend your own money on wagers that you are unsure about. You should spend some time exploring the markets on these betting sites to find what suits you best. Then you can think about how much you are going to stake.
Understanding Odds and Value
This is a very important point that applies to all kinds of betting – not just on esports events. You should never just jump straight in, and understanding the odds (or prices) is crucial if you are a newcomer. Take a moment to understand how the odds will look in decimal, fractional, and US form. Don’t worry, all these odds will be the same – it’s just the way they can be displayed.
Once you know what the odds mean, you should gain an understanding of value. There are plenty of mathematical formulas that explain value in a fairly complicated way, but, at its most basic, it is finding a bet that is worth it. If the odds are too high, then you might get a good return, but it probably won’t win. Short odds are for events that are more likely to happen but don’t pay out much. Finding a price that undervalues a person or team’s chances is where you want to be.
Start With the Big Events
As we mentioned earlier, there is an incredible range of betting opportunities at even the most mainstream of sportsbooks these days. If you have specialist knowledge or insight into a particular esport, there are great opportunities to bet on the details of match-ups. But if you are more of a beginner, start off with the big events.
Whatever esport you prefer, there is likely to be some kind of World championship event, and that is where you can find your feet with esports betting. These events will have a higher profile and you will be able to find out more about the teams and markets before you place your wager.
Understand the Game
One thing about esports betting that is very important to remember – no matter how experienced you are – is to specialize in the titles that you know and play yourself. Just like a soccer fan wouldn’t suddenly start betting on tennis matches they know nothing about, nor should you make selections on games you don’t understand.
By concentrating on the esports you know and enjoy, you will be able to place more informed bets. You will also be keeping up with all the latest developments and patches, so you will be able to find that all-important value in the odds that we mentioned before.
Just Like Betting on Traditional Sports
Esports has proved incredibly popular with online sportsbooks and there is now more opportunities to be involved than ever before. If you are used to betting on traditional sports, you should be able to pick up the basics fairly easily. But we can’t overstate how important it is to understand esports before you start to bet on events.
Betting on esports should not be done just to bet on something. There is a huge and ever-evolving ecosystem surrounding esports and betting has become part of that now. Do your research and bet on what you know and, most importantly, enjoy the experience.
