How does Esports betting work?

How does Esports betting work?

esports betting

Before diving into the world of esports betting, let’s know what is esports is all about. Esports is a type of video game that is played virtually on the internet via electronic devices like tablets, phones, desktops, etc. it is a type of competitive gaming that includes a wide range of games and sports. It is a huge industry that essentially runs on the customers’ ability to place a bet on competition held online throughout the world. It is not necessary to have a dedicated fan of esports to enter into the betting world as a beginner can also bet on betting tournaments.

How does esports betting work?

We know that you will have lots of opportunities to earn money via online jobs. This is also earned online via betting on particular sports the user is interested in. Not only the player can bet on who will win, but also there are many aspects of sports where you can test your luck. Some of the aspects are the abilities of a player, the character who is responsible for winning the match, the most relevant player, and even what will be the final score of the particular game.

It is much identical to traditional betting where a gambler can use real-life money to place a bet on a specific sport. Nevertheless, many players choose some in-game items to place bids. They simply have to choose the valuable items that are there and bring back the money in exchange for them.

Type of esports betting

The players can opt for these types of betting on various platforms:

  • Matchwinner:  this is a straightforward type of building where the better place bet on who wins the match. The better has to predict that, who will win the game and determine the odds with its competitor before starting the match. 
  • Betting outright: Other than betting on the winner, there are other categories where you can place a bid, such as which player continues to the next stage, which player will be eliminated, and which players will hold the highest in the game.
  • Total’s this building has nothing to do with the outcome of the schools. It will just concentrate on the total statistics where the gambler will bet on total maps played total points, total rounds and total kills in a particular game.

How to choose a website for esports betting

With so many websites offering betting on the esports market, it can be hard to know which one is right for you. Whether you’re a seasoned esports betting veteran or new to the scene, this list will help you choose the best website for your esports betting needs. We’ll cover factors such as the variety of esports available, customer support, markets, and bonuses and promotions, so you can make an informed decision about where to place your bets. So, let’s dive in and explore websites for esports betting.

MyStake

MyStake is great for esports betting, if you decide to consider it. The company has developed a modern and stylish platform. The esport section also has a separate page. The website is available in many different languages like English, French, German, Spanish, Italian and Russian. What else can please you:

  • A welcome bonus that focuses on sports betting (+100% up to USD 500);
  • You can bet on the winner of the first map, first blood, total kills, Roshans slain, and the total time to complete the first map;
  • Free live streaming;
  • Accepts cryptocurrencies;
  • Good odds;
  • HTTPS encryption.

Despite the fact that the site is new, it attracts and pleases fans very much. The only objective disadvantage can be considered that there is no mobile application yet. But the site is perfectly optimized for any smartphone.

GGBet

Esports competitions are a feature of GGBet. The bookmaker positions itself as an office with this emphasis. The line on the site includes several games such as:

  • Counter-Strike: Global Offensive,
  • Dota 2,
  • FIFA,
  • Rainbow Six,
  • StarCraft,
  • Overwatch,
  • Fortnite,
  • World of Tanks,
  • Virtual TYPHUS,
  • League of Legends and others.

More than one and a half hundred outcomes are offered for each match. By clicking on the name of the match, you get inside it and can study the markets in detail.

Bets and Odds

There are bets in the line for esports events:

  • on the main outcomes (wins, handicaps on cards for the match);
  • on the winners by cards;
  • on handicaps and totals on cards;
  • on the exact count. 

Also, bettors can wager on the winners of the round, the total of kills, the duration of the meeting, as well as on the team that will be the first to suffer losses or destroy the tower.

Withdrawal of funds

Funds could be withdrawn via Visa, Mastercard, Maestro, MuchBetter, Paysafecard, Neteller, Neosurf and ecoPayz payment systems:

  • The minimum withdrawal amount is USD 20 for all methods;
  • The maximum withdrawal amount is USD 2500.

On average, it takes from 24 to 48 hours. For cards, withdrawal could take up to five days.

1xbet

1xBet is one of the leaders of the global betting industry, which attracts the attention of hundreds of thousands of people in dozens of countries every day. It is no coincidence that esports is placed in a separate section – you can go to it from the header of the main page of the site or from the left side of the screen. What else:

  • Every month – up to 2000 in the line, where there are all the top types of games including Dota 2, CS:GO, FIFA, LoL and others;
  • For individual matches, the company provides more than 700 betting options at a consistently high coefficient;
  • The ability to view matches online;
  • You may place bets both in the mobile version of 1xbet and in the bookmaker’s mobile applications.

A little more should be said about the provider’s bonus programs.

1xbet Bonuses and promotions

1xBet has a starting bonus of 100% for the amount of the first deposit – and this is just the beginning! The company constantly conducts promotions for the most important tournaments. By participating in promotions and betting on esports, you can win the most modern gadgets and even cars! And users are also awarded bonus points for new stakes simply for playing an active game.

Betwinner

The website of the Betwinner gambling company is made mainly in green and white tones. The intuitive layout of the menu items allows even inexperienced users to understand the capabilities of the Betwinner portal. Among these pros are:

  • The esports tab is located in line with the rest of the popular events; 
  • Almost always the games are available for betting in live mode;
  • Line on CS:GO in Betwinner is much stronger than in many non-esports disciplines of BC;
  • The number of markets can reach up to 100, including bets on total rounds, winning rounds and overtimes;
  • Bonus for the first deposit after registration (+100%).

As for the withdrawal of funds, it is carried out through payment systems: MasterCard, Visa, Money transfer, Neteller, Skrill, Maestro, Paysafe, Cryptocurrency, Qiwi, Entropay, Ecopayz, Epay, Bpay. The commission from the bookmaker is not charged. 

Pin Up

A separate pride of the official website is the esports section, in which more than 3 thousand events are offered monthly with a wide painting at the highest coefficients and with free video broadcasts. Pin-Up is a decent platform that has all the famous Dota 2, FIFA, Counter-Strike, Rainbow 6, Overwatch, and other games and tournaments. Why choosing this bookie:

  • Ease of use;
  • It has a Curacao gaming license;
  • Switching between competitions is simple and fast. The column with sports/leagues and tournaments is located on the left side of the main page;
  • Convenient filtering tool that allows you to separate current, and upcoming events;
  • Express with profitable bonuses;
  • Android and iOS apps;
  • Accepts various cryptocurrencies.

Pin Up support is available in various ways: via Email ([email protected]), Phone number (+35722008792), and Live chat.

1win

1win does not lag behind its competitors, including esports in its services. The office regularly works on the development of this direction. Today the users can bet on esports both on the pre-match line and in Live. There is no special section for the disciplines on the official website of 1win. The events are located on the left side. Betting on them in 1win stands out among its competitors with a lot of advantages. Among them are the following:

  • Variety of disciplines. On the 1win platform, you could find outcomes related to the specificity of the direction;
  • In addition to classic games (CS:GO, LoL, Dota 2), new items in the form of Rainbow Six are also available;
  • The ability to follow the competition in Live mode;
  • A big bonus for a valid promo code. The bookie awards new players for the replenishment of the account.

The following bets can be placed on 1win: total, total more /less, handicap, handicap of the first / second and total cards.

Pinnacle

Pinnacle is one of the best betting sites in the world. It was one of the first bookmakers that took this section seriously. Since 2010, they have accepted more than 5 million cyber stakes and won the 2017 Esports Operator title. There are other highlights:

  • Licensed and regulated by Curacao and Malta;
  • Content is displayed in English, but fully supports up to 16 other languages;
  • Mobile App is available;
  • Lower margin. It means that you will be able to increase your profit and therefore get the best value for your wagers;
  • Innovative gambling formats such as “first kill”, direct bets and individual matches;
  • Decimal and American coefficients;
  • You can always use the bet calculator on the website.

Only famous e-disciplines you could find on this platform: Heroes Of The Storm, League Of Legends, King Of Glory, Overwatch, CS:GO, Rocket League, Starcraft 2, Starcraft: Brood War, Warcraft Iii, World Of Tanks.

Bet365

You probably know that Bet365 is the most popular bookmaker in the world. And one of the first sites in the world to offer odds for wagering on esports. Today, they are often ahead of all their competitors. The Bet365 interface is easy to use. And there are many ways to deposit and withdraw funds, which makes it really simple. The most famous games are CS:GO, Dota 2 and LoL. There are also such ones as Rainbow 6, Call of Duty, Halo, King of Glory, Starcraft, Starcraft 2, Valorant. Here’s what else is interesting:

  • The margin is of 7-8.5%, which is slightly above average;
  • The most bets are on Dota 2;
  • Live stakes;
  • Cashout;
  • Fantastic 100% deposit bonus;
  • Many payment methods: debit card, credit card, e-wallets (Neteller, Skrill, Skrill 1-Tap, PayPal and debit), prepaid vouchers (Ukash, Paysafecard) and virtual prepaid cards (Entropay).

The only thing that can upset fans is that Bet365 does not yet offer any special offers or bonuses for esports.

Cryptocurrency, a form of payment in e-Sports

esports currency

There are many esports sites where cryptocurrency is accepted as a payment form. The gamblers who regularly bid money on esports are themselves PC Gamer which means they have good knowledge about new technology. This means that acceptance of Bitcoin or crypto could not have an effect on the betting world.

Since 2008 there has been a growth of Bitcoin. A large number of esports sites are now accepting this type of currency for withdrawals and deposits. As these sites accept Bitcoin and cryptocurrencies, the funds in esports betting platforms turned into Fiat currencies. Then this site uses this chip to meet a closer value of Bitcoin the user would accept if they want to withdraw their money using Fiat currencies.

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