eSports betting is the current trend in vogue and the newest frontier of online bookmakers. Competitive video gaming is fast exploding into a global pastime, with total viewership expected to hit 623 million by 2023. Are you looking to wet your feet in the eSports gambling arena? Find out all you need to know about the most crucial aspects of eSports wagering.
Is eSports betting profitable?
Yes. You can make a decent living from gambling in eSports. Unlike casino games where you depend on Lady Luck to beat the house-edge, eSports is a more a game of skill, and knowing the teams and who is in form.
Making long-term profits out of eSports gambling does not have to be a pipe dream. All you need is to figure out how to wager on outcomes with the highest value. It would be best if you had the perfect balance of a solid win rate and large bets.
What is the currency of choice?
eSports enthusiasts can wager on games using various currencies such as real money, cryptocurrency, and skins. Real funds and crypto work in a similar way to online casino games and sports betting. On the other hand, skins are virtual items you use to wager on games like Counter-Strike: Global Offensive (CSGO), more of which you can read about at sites like CSGO Captain, who have some great information on betting on that game in part.
CS:GO skins are the dominant currency of choice, with a market share of 90% in the skin betting world. With skins in your steam account, you can use them to upgrade your weapons, trade with other gamers, and exchange them for real money or on-site currency. Alternatively, you can decide to let them stay dormant in your account.
What popular e-sport games can you bet on?
Several games have gone on board the eSports wagon, with sports betting being the most popular choice for most punters. Find out what eSports games you can wager on from Real money League of Legends to CS:GO as pro gamers battle it online:
- League of Legends
- Call of Duty
- Rainbow Six Siege
- Rocket League
Is eSports betting online secure and legal?
Yes, if you sign up with a licensed esports bookie. A-list eSports gambling sites are licensed and regulated, and real money esports gambling is legal in many markets.
These trusted matchmakers also take the extra mile to bolster their platforms with foolproof security nets like firewalls and advanced SSL encryptions to keep out the bad guys. You are assured of a worry-free gaming experience.
On the other hand, some skin betting sites are illegal and pose a considerable security risk with their weak security measures. Plus, some have been known to accept underage gambling, so we recommend you stay away from unreputable sites.
Are eSports games rigged?
A key aspect worth considering for any player venturing into iGaming is game fairness. You don’t want to spend your bucks on games where the house always wins. The good thing with high-level eSports games is that they are 100% safe.
A professional code of conduct governs the games. The competition is also fierce, with each player striving for the top spot. Also, with several gaming experts, sponsors, and fans watching the live stream sports, any player colluding to be an underdog would be easily spotted and sanctioned.
CS:GO Betting Guide
There’s no doubt about it: Counter-Strike is one of the most lucrative high-profile eSports games in the history of video gaming. Counter-Strike: Global-Offensive (CS:GO) is a pretty simple first-person shooter game where two teams of five gamers battle it out to stay alive.
What are the types of CSGO Bets?
There is a broad spectrum of betting options for CS:GO, with bookmarkers competing for the juiciest selection of csgo treats. If you are starting, here are some of the most common csgo bets you’ll find in the best cs:go gambling sites
Match winners– the go-to bet option for most eSports punters. Team A battles it out against Team B for the ultimate prize. You only need to make the correct prediction of the game’s outcome by wagering on a single match winner or an accumulator bet.
eSports specials– they come in two: short-term vs long-term. The short-term version allows you to wager on player-based stats (player vs. player), team-based stats (team vs. team), handicaps, and map-based wagers. For the long-term version, you focus on a phase or the outcome of an event. Punters wager on the winner who’ll reach the playoffs or take the ultimate prize.
Live betting– take in every bit of the live-action when you wager on live games. Keep in mind, CS:GO live betting is only available during the most prominent tournaments and leagues. It is also a reserve for top-of-the-range gambling platforms.
Accumulators- an accumulator is a hub of several bets combined in one and placed on various matches. For the accumulator to win, all bets must be a success making it a risky choice. However, you stand to cash in a juicy profit if you nail down the ultimate bet combination.
eSports games have gained massive traction over the years, showcasing explosive growth. However, they are under the radar in some betting markets, with varying legislations hurting its growth.
Irrespective of this, the future looks promising to adopt eSports games in a huge variety of betting markets and artificial intelligence to improve the gaming experience.