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Tips for Betting on Esports


(Photo by Sean Do on Unsplash)

The popularity of esports is growing by leaps and bounds as evidenced by the F1 Esports Virtual Grand Prix breaking all records in 2020. Consequently esports betting is also experiencing rapid growth. Valued at $12.67 billion in 2020, the global esports betting market is predicted to top $20.5 billion by 2027.

Perhaps you are considering taking the plunge and placing a few esports wagers. Esports betting can be found on many sports betting sites these days. Just as you can find the latest no deposit casino bonus codes in UK online, you can also find codes for sports betting, some of which cater specifically to esports bettors.

Betting successfully on esports is much like betting on many other sports. Much like there is a
strategy for betting on basketball, you should approach esports betting with some type of plan in mind. While there are never any guarantees when it comes to betting on esports here are a few tips that will improve your chances of walking away a winner.

  • Be familiar with the game you are betting on: There are a lot of different esports you can wager on, many of which are completely different from each other. To have any chance of placing winning esports bets you need to have decent knowledge of the game you are wagering on and the various factors that can affect game play. Sure, you may win an occasional wager without knowing anything about the game but you won’t win consistently.

  • Remain Objective: Most people who follow a sport including esports have a favorite team or player. However, placing a bet on a team just because they are your favorite is generally unwise. Wagers should be made objectively based on your knowledge of the teams involved and research you have done.

  • Do your research: Doing in-depth research on the teams involved in a match you are wagering on will help you make informed decisions leading to more winning bets. There are sites like HLTV that provide the type of information you are looking for like a team’s win percentage, individual player stats and how they have performed against particular opponents in the past. Some of the specifics you should be interested in will vary from esport to esport. For example in Counter-Strike: Global Offensive you will want to know how well teams perform on different maps. You can also watch esports matches on sites like Twitch and YouTube to see how teams perform in different situations. The more knowledge you have of the teams involved the better.

  • Stick to a few esports: It can take a lot of time to do the necessary research to make informed bets. Restricting yourself to wagering on one or two esports will generally work out better than betting on a half-a-dozen or more.

  • Bet on some smaller competitions: Big tournaments attract a lot of bettors and sports books will typically have done thorough research. You can often find more favourable odds betting on smaller tournaments and competitions.

  • Look for the best odds: Sports books often have different odds for esports matches just as with other sports. You may want to have a few different sports books you can choose between in order to get the best odds.

As with any type of gambling there will be a certain element of luck involved. However, how well you do over the long run betting on esports will depend on the time and effort you put into it.