Online eSports Betting
In Australia, online sports betting encompasses a whole range of sports as well as election betting, financial betting and betting on international events. It is no surprise then that eSports has become one of the fastest growing betting markets in the country. You may have heard of LOL eSports betting (league of Legends) or similar eSports categories. For those who are new to the world of eSports, it is essentially professional video gaming where individuals and teams compete in international tournaments.
Like any sport, eSports provide punters with plenty of entertainment betting action from a casual punt to a serious bet. If you want to get started with eSports betting, the first step is to learn about the different categories that competitors can choose to enter. These include:
- Real Time Strategy games (RTS)
- Acton Real Time Strategy (ARTS).
- Multiplayer Online Battle Arena (MOBA).
- First Person Shooter (FPS)
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Types of eSports Bets
One of the benefits of betting on eSports is that there are a lot of different eSports bets that can be placed on game or tournament. For anyone just starting out, the easiest bet to place is a simple match bet. This is a where you predict the winner of an individual match in a tournament. This could be for a multiplayer team or an individual matchup. In cases where the teams are unevenly matched, local betting sites adjust the odds accordingly or add a moneyline.
It is also possible to place tournament bets. These can be placed months in advance as futures bets. With futures bets, eSports mobile betting sites will advertise the odds in decimal format. For example, team A might be sitting at odds of 2.4 while team B is at 5.6 and team C at 7.5. We can see here that team A is the favourite. If a punter is backing team A, they will be paid out $2.5 for every $1 bet.
Real Money eSports betting also offers unique opportunities to place exotic bets. These can be anything from who will score the first points to who which team will have the dominant field of play and how many rounds the game will last. Exotic online sports bets are a lot more difficult to place but can offer higher odds and significantly larger payouts.
Before You Bet Online
Before placing any large bet, there are a few things every punter should know about eSports betting. As with any sport, the first thing you need to do is research the teams and players as much as possible. The more you know about the games, the players and the teams, the greater your chances of placing a winning bet.
Since eSports is a relatively new genre, it can be difficult to follow the win/loss history of a team. While physical injuries might not be much of an issue, there quite a few factors that can influence the outcome of any match. Things that can affect a team’s performance include where the match is being played, if any of the team members have pulled, changes to leadership and of course, previous matchup results.