The Esports Industry has grown and is still growing at a rapid rate in today’s modern world. Esports started with small competitive tournaments between casual teams, and slowly developed into an entire franchise filled with competitive computer and console gaming. Alongside the popularity of Esports, we saw a rise in viewership, which led to popular brands investing in Esports as well. Here we’ll be going through everything you need to know if you’re planning on getting started in the world of esports betting. So without further ado, let’s get started with our esports betting guide.
The Different Types Of Esports Betting
When it comes to betting in Esports, there’s more than one feasible method. Here are the three main betting methods in esports:
- Wagering on Esports Betting Sites (Betting on the outcome of an esport match)
- Skin Betting
- Fantasy Esports
Real Money Esports Betting
This is undoubtedly the most popular type of esports betting. Here one can place real money esports bets on the teams they love and follow. The various types of odds and markets that one can place bets. If want to learn more about odds, be sure to check out our esports odds explanation.
Skin Betting sites usually feature skins from two main games, CS:GO and Dota 2. These are the two games that made skins and the skin market into what it is today. Skin betting is when the currency used to bet on something is an actual in-game skin from a game. The main issue with this method is that it enables underage people betting and putting up wagers.
Fantasy Esports Betting
Fantasy Esports on the other hand is very similar to any traditional Fantasy Sports betting method. The rules are very simple, you basically draft your own team by selecting individual players from their main game and you earn points based on their overall performance and play. Each scoring and point system is adapted to each game genre, meaning that if you’re playing Fantasy Esports for League of Legends, it will be based on wins, kills, deaths etc…
Is Esports Betting Legal?
The legality of Esports betting is based on the laws in the country you reside in. If the country you are living in has gambling laws against betting, then you cannot bet on Esports. The most common legal age in Europe for Esports betting is 18+, however in America it’s 21+. This mainly depends on your country’s laws and restrictions.
That being said, whenever you are betting on Esports matches, be sure to use the legit platforms we have linked below. Never trust or use illegitimate platforms as you can give away personal info easily, along with other details.
It is also of utmost importance to mention to not forget to gamble responsibly. Once the fun stops, you should stop too.
The Best Esports Teams To Bet On
Esports, much like traditional sports, has now evolved into a much more serious platform. Nowadays we have professional leagues and tournaments where the best of the best teams battle it all out for the title of being the best. With so many talented teams, there’s always those top teams that are the safest bet. Here is a small list of a few, sorted by their own game genre.
League Of Legends
When it comes to League of Legends, we have teams from all regions around the world. If we take a look at results during the annual world championship we’ll come to realize that the best teams are from the LPL or LCK (China or Korea). These 2 regions have produced some of the best players we now know as champions, and will always be a safe bet in an international tournament. That being said, here are some of the best teams in these regions:
- Top Esports
- JD Gaming
- Invictus Gaming
- FunPlus Phoenix
In CS:GO the top teams keep switching places, but the top 10 are always consistent at events. Recently we had teams like Vitality and Natus Vincere climbing up the ranks with the new 2021 season, but deep down we all know that Astralis are the best of the best teams in the world. Other teams like G2, Fnatic, OG, Team Liquid, Evil Geniuses are also solid picks when you are choosing to place bets on Esports. Check out our CS:GO Betting Sites guide for more info!
Then we’ve got Dota 2, which also has teams switching places. If we take a look at ESL’s world rankings for Dota 2, we can clearly see that Team Secret, Team Liquid, VIrtus.pro, PSG.LGD and Vici Gaming have been in the top 5 consistently. Evil Geniuses, OG, and Team Nigma are also great choices when betting on Dota 2 and esports tournaments.
Biggest Esports Events
There are many games that release every year, but only a few are marked as the top. Some of these games are League of Legends, CS:GO, Dota 2, Call of Duty, and Rainbow Six Siege. Each of these games have their very own major event which is highly prized for the correct bettor.
Starting with League of Legends, we have the annual World Championship, which occurs in the latter part of the year. During this event, a number of teams from each region battle it out to determine who the best team in the world is. CS:GO on the other hand is quite different. There are 2 majors per year and have a complex format with the RMR format (Regional Major Rankings). Then we’ve got The International for Dota 2 which is the biggest event for Dota, featuring the biggest prize pools in Esports.
Esports Betting Bonus Offers
Esports betting also has these little gimmicks which get you more interested in staying on the platform and placing another bet. This technique is played out by Esports bonus offers. These bonus offers are split into three:
- Deposit Bonuses
- No-Deposit Bonuses
Here’s a brief rundown of what they are, and how you can benefit from them:
Esports Deposit Bonus
Deposit bonuses are very simple, but complex if it’s the first time you’re familiarizing yourself with them. The bonuses are based on how much a client deposits on a particular platform. For example, if a client deposits $100, and there’s a deposit bonus of 50%, then the client gets an additional $50 in his wallet, and ends up with a total of $150.
Esports No-Deposit Bonuses
No-Deposit bonuses are the complete opposite of Deposit bonuses. This is because for you to receive a No-Deposit bonus, you do not require to put in any money. This method requires a client to obtain a coupon or bonus code that can be inserted on a platform that gets the client X amount in currency.
Esports Free Bets
Lastly, we have Freebies, which as stated in the name, are mainly Free. These Freebies are basically free bets which you can use on a particular platform. Sometimes these Freebies are used as a promotional stunt to get clients to use their platform frequently. Similar to the No-Deposit bonuses, there is usually a strict rulebook when it comes to withdrawing the winnings. So bear in mind to read the terms and conditions beforehand.
Where to bet on esports?
As mentioned above, it is of utmost importance that when you are esports betting, you use the best esports betting sites that are not shady. This is why we are making it a bit easier for you, by laying out a couple of options such as Betway Esports and Midnite. One thing to keep in mind is that some platforms may offer better winnings depending on the game genre.
Legal Esports Betting Sites In Your Country
Future of Esports Betting
Esports is already a massive industry, despite it being still in its infancy. Esports betting is also very new but has grown tremendously over the past few years. With so many options of esports betting, and so many platforms offering the best of the best odds and winnings, now is the perfect time to get into Esport betting.