ESPORTS BETTING – WHAT YOU NEED TO KNOW
Before we get to talking about betting, let’s first figure out what eSports is. eSports, short for Electronic Sports, is professional competitive gaming. This industry is growing so fast that we can already see the big brands like RedBull, Mercedes-Benz, Audi and many more sponsoring eSports teams and events. That means only one thing – eSports is showing great potential already, and there is, even more, to be explored in the future! What once were just some small local competitions in LAN Cafes, grew into big tournaments with millions of Dollars in the prize pool, and Stadiums packed with fans and followers. And all that in a span of a decade? That’s because gaming is fun, and kids, who are the future, grow up gaming! Now, you probably understand why you keep hearing the word eSports more and more. Now, as the eSports industry grew, Betting has entered the game too. Today we can see millions of dollars being bet on an annual basis by millions of eSports fans from all across the world. That’s how entertaining eSports is!
The eSports betting market is enormous and ever growing. The estimated figures just back up how huge the market is. In 2016 it is estimated that $5.5 Billion was wagered on major eSports titles worldwide. There are matches played every day, there are major events with dozens of millions of dollars in the prize pool, and there are over 200 Millions of eSports fans watching every event!
Now, before you bet and put your money on eSports matches, it’d be reasonable to get to know the game better first. This is what this FAQ is made for! To help all those people find an answer to all these questions and concerns, we are talking about betting real money, after all. If you still have questions or suggestions after reading our FAQ – feel free to contact us!
WHAT GAMES DO I BET ON?
Some of the biggest eSports games right now are Counter-Strike: Global Offensive(CS:GO) and Dota 2.
CS:GO is a very easy game to understand, but extremely hard to master, which makes it really fun to watch. Two sides: terrorists and counter-terrorists, have one objective that they fight for, and that’s pretty much it! Simple, right? Well, competitive CS:GO is not that simple at all: every team has its own approach to the game and unique understanding of it, different strategies, and even mental confidence. Some teams have a slower paced, passive playstyle, while others prefer to play faster paced, explosive game. This is what makes it so fascinating! But how would we learn about all those?
We’d suggest going to HLTV.org and learning more about the competitive scene. HLTV is the prime example of what a coverage site should look like. It’s just perfect: it has stats, news, results, schedule, videos, photos and a very big community. All the information there is structured so perfectly – you can see everything without getting overwhelmed. You can get a good understanding of the current state of competitive CS:GO by looking at HLTV’s team ranking. Even actual teams pay really close attention to this ranking and care about it. Head over to the Events tab to learn what’s coming up, HLTV usually releases a viewer’s guide prior to every major upcoming event to keep you informed on what is going on. What we are trying to say is that you CAN learn the game without actually playing it. When it comes to betting, keep in mind that CS:GO is a game where turnarounds do happen very often, which is how you can bet on crazy high odds like 4.00 to 1 or even higher and actually have a decent chance of winning! Amazing game, both to watch and bet on. We’d suggest paying attention to the upcoming tournament, StarSeries i-League Season 7, which starts on March 30th and has a prize pool of $500,000.
Let’s talk about Dota 2. Dota is a much harder game to learn. One may call it “chess with almost 120 figures, every one of which have 4 or abilities, active or passive, that are unique to them”. When you first watch the game, you probably wouldn’t understand what’s happening on your screen. This may scare you off, or actually motivate you to learn more about the game. The game is old, but still has thousands of uncovered and unknown things to be learned. If you really want to learn this game, you’d need to play it a lot. The beauty of Dota 2 betting is that even complete underdogs can absolutely destroy the best and greatest Dota 2 team in the world. The thing is that every game starts with hero picking phase, and it’s very important for both teams to pick the right heroes. It’s harder than it sounds, and as a result even the greatest teams may lose the drafting phase which will lead to a very hard game for them, no matter what team they are playing against. There has been to many mindblowing upsets in the history of Dota to not take that into consideration! Every single hero has situations where it’s strong, and situations where it’s very weak. Some heroes are weak during the early stages of the game, and get much stronger as the game progresses. Some are very strong and aggressive early game, but they start falling down quickly if they don’t manage to end the game soon enough. These are key points that we should always bear in mind. The most important thing to learn for Dota 2 betting is figuring out which heroes counter which. If you are an analytical mind, this won’t take too long to learn.
If you want to know the game better, we’d suggest checking out Purge’s Beginner’s guide that does a fairly good job introducing you to the game, explaining the roles in the game and some other basics. As for the coverage, we’d suggest JoinDota.com and GosuGamers.net. News, matches and events schedules, photos, opinions, everything you would possibly need – you can find there. We’d suggest preparing to every match and checking recent stats for teams. For that, we need Dotabuff.com, the ultimate stat machine of the world of Dota 2. Heroes, winrates, match up histories, even specific player’s public game stats – you can see everything there!
Okay, there is so much information, how do we use it? Let’s bring an example. As an example of betting, we will show you a little technique that we use when we bet on Dota 2. Let’s imagine that two teams are playing, let’s name one team Early, and the other – team Late. Team Late drafted a late game oriented lineup, which means that they are very likely to lose early game, but if they don’t lose it too hard – they will eventually come back into the game and take the upper hand. Team Early, on the other hand, likes to play aggressively, they picked fast paced heroes that are stronger early game. Team Late wants to end the game early. In the situation like this, if team Early is an underdog – it’d be better to bet on them right at the beginning, while the odds are still high, because they are likely to decrease due to them dominating the early game. This technique may not work once or twice, but long term – it will surely pay off..
Another thing you can look at in a situation like this is how badly team Late lose early game. If they aren’t too heavily dominated after the laning stage of the game, they have a good chance of bouncing back into the game – catch the increased odds before it happened! Again, this may not work for the first time, but long term – it will surely work out for you! Dota 2 is a hard game – always take notes and find new things to learn and improve on, and have fun betting! You can try your knowledge out in an upcoming major event, ESL One Mumbai 2019, which kicks off on April 16th with a prize pool of $300,000
Also it’s important to mention Liquidpedia.net, the primary eSports wiki, where you can find more specific information about games, events, teams and even player bios. This resource applies to both Dota 2 and CS:GO.
Matches can be BO1 (best-of-one), BO3, rarely BO5 or more. BO1s are the formats that have the highest percentage of “upsets” – situations, where a heavy favorite loses to a complete underdog of the match. It’s just one game, after all, and anything can happen. Avoid betting on heavy favorites for BO1 matches – consider betting on underdogs, as upsets happen very often in BO1 matches.
WHAT SHOULD I LOOK FOR IN AN ESPORTS BETTING BOOK?
When choosing the platform to bet on, we need to understand that we are going to put our own money on put on there. That means we need it to be reputable, responsive, and we need it to have good odds and attractive bonus rewards. These would be our main criteria:
1. Can I trust the site?
2. How good are the odds?
3. What promotional value do they offer?
4. What kind of bets can I place on esports matches?
CAN I TRUST THE BETTING SITE?
Figuring out if you can trust an online esportsbook comes down to a few simple checks, after which you will find out whether this website has any red flags or not.
The first is the regulation check. In short, you need to check if a betting site has the rights to be one. What jurisdiction issued the license for this platform? You can usually find this information in the bottom of the main page of the site. If you’re not familiar with the jurisdiction, do a small bit of research. If there have been player issues with sites regulated under a jurisdiction, you won’t have to do much more than a cursory Google search to uncover them. This will only take you a couple of minutes.
What do real people think about this esportsbook? Check it’s accounts on social media channels, and also review sites. Maybe there is something that will make you not want to go there, or something that you will find impressive and underrated. What is available and accessible to users in terms of customer support? It’s usually something you can find answers to very easily. Just another minute or two!
Before you take a pick and conclude, first, test the website yourself! Make sure that the esportsbook has passed the first two tests mentioned above, and then just start small, just for the sake of experience. Deposit the minimum supported amount and place minimum bets. Do you like what you see? If you have any questions – contact customer support. Have they resolved your issue? How responsive are they? And, in the end, again, Do you like it? If not – that’s absolutely fine, just move on through your list. Luckily, there’s plenty of online esportsbooks to choose from.
HOW GOOD ARE THE ODDS FOR ESPORTS?
The odds on a given match do differ from one online esportsbook to another. We need to figure out the ones that offer the most favorable odds. While at first glance, the difference between them may look minimal (e.g 1.95 vs 1.92 odds), this really will matter long term, so, a little bit of a time investment will result in a little more winnings.
This is a question you should be asking regularly, as markets are dynamic and books regularly get better (and worse) at predicting specific markets.
WHAT KIND OF PROMOTIONAL VALUE DOES THE SPORTSBOOK OFFER?
Odds is not the only thing you should take into account here. Books offer players – especially new players – a variety of promotions and bonuses. We want to get the most value out of our dollars, don’t we?
In order to achieve that,
VIP / cashback programs.
WHAT DO ESPORTSBOOK DO YOU SUGGEST?
We think that GG.BET is the best platform for beginners. They cover pretty much every match that is being played, they have decent odds and a smooth and responsive website. Customer support service members are always available and urging to help you out if you have any questions. They offer good deposit bonuses to beginners that help them touch the waters and enter the real game. GG.BET is very broadly advertised – you can see them sponsoring many eSports teams and events, their name keeps coming up everywhere, and not for nothing.
Pinnacle.com also deserves a spot in our FAQ! Established in 1998, very few bookmakers in the betting industry have earned the same level of respect from some of the most successful bettors in the world, and that applies to betting in general, not just eSports betting. They have a more simplistic design compared to the one of GG.BET’s.
Betway.com is a relatively new site that has been actively gathering more and more players thanks to it’s dedication to eSports industry. Betway looks very good, operates very fast, and is very simple. They support just as many events and matches as the two other esportbooks mentioned above. They value every player, they offer decent deposit bonuses and free bets, they are reliable.
Ultimately, we’d suggesting you trying all three and seeing which one fits you the most.
WHAT KIND OF BETS CAN I PLACE ON ESPORTS?
eSports boots do have some different things to bet on which are unique to themselves, but we should not look at those just yet, as for the most part those are experimental.
The most important form of betting right now is match betting – betting on the outcome of a certain match. Most websites offer you to make a bet even in the middle of the match, it’s called live betting. This opens up new opportunities for players. You can never predict how teams will perform at a certain match if you bet before-match. Competitive scene for both CS:GO and Dota 2 is always changing and a team that has been dominating for a year straight CAN lose to a complete underdog any day. Live betting allows you to see how the game goes first, before you make a decision. Of course, the odds change as the game progresses, which again, opens up new opportunities for you.
Let’s imagine that we are watching a CS:GO match between team A and team B. Team A is a heavy favorite of this match, and team B is an underdog. Odds are 1.23 on team A and 3.70 on team B. We choose to wait until the game starts and watch the first 5-10 rounds and see how it goes. If you see that the underdog isn’t too far behind in stats and are pulling out good numbers, and the game is somewhat 50-50, it can be a good idea to bet on team B. To conclude, we’d suggest to always bear in mind that:
1) You shouldn’t bet too much! Don’t put all the eggs in one basket!
2) Don’t bet on teams that are unknown to you.
3) Do a little bit of research on the match that you are about to watch – check both teams’ recent performance, learn their strengths and weaknesses before you bet your own money.
4) Most of all, betting is a form of entertainment. Just enjoy it!
We hope that this FAQ helps you find answers to some of the questions that may have popped up. If you still have any, feel free to contact us! Good luck!