Esports betting is a very tempting segment of sports betting. Its popularity is skyrocketing, which makes more money involved. Some bookmakers haven’t covered it fully yet. But you will still have a solid variety of options to choose from.
With the right esports betting strategy, you have a chance to make a good profit. You need to know what you’re doing. Even if you don’t have a PC or game system, you may still be interested in esports as an amateur. Or maybe you are familiar with a particular esports game and follow all the major tournaments. So how do you proceed with the betting experience?
How to Come Up with the Right Strategy?
Finding the right bookmaker
Even the best esports betting strategy won’t help if you’re playing at a bad betting site. You have to spend some time seeking the best options and the best odds if you consider making a profit.
Not all betting sites happen to be equal, especially when it comes to esports. Even though esports is a massive business, bookmakers are still integrating it slowly and carefully. It’s a whole new thing for them, and they don’t have enough competence for it. That promises a lot of potential value out there. Fortunately, you have a lot of help in this area. Special resources have already made up a list of the best betting sites in the esports industry.
Understanding the games
If you’re new to esports, you first need to check how the games actually work before analyzing any esports betting strategies. It just isn’t possible to bet efficiently if you don’t know any essential knowledge of the game in question. With many esports games, you need to know something about the big-name competitors and teams as well.
For example, knowing the match analysis means knowing the lingo of esports. For a CSGO match, esports draws the most viewers and the largest amount of betting action. You need to know the things like a “carry” and “jungling”.
If you consider betting on esports, it’s smart to play the game in question for a while. You don’t have to be super experienced in it, but you surely need to have a pure interest in it. If necessary, spend some time playing the game yourself.
Calculating betting odds
Esports betting sites don’t always do 50/50 even bets. They can’t constantly make a profit that way. That’s where the odds step in.
Let’s check a moneyline bet. For example, you decide to bet on Fortnite match that’s about to go down. You go to the betting site where you can find moneyline bets that look something like this:
The team with the negative number is considered to be the favorite. If you want to win $100 on the match, you have to bet $530 on Team A. The underdog Team B is represented by the positive number that pays out $270 for a $100 bet.
Know the limits
Opportunity and entertainment are walking next to each other. You should use them right when creating an esports betting strategy. For example, you can bet on matches for fun or for money. You can mix these two things and have some fun by making money. Isn’t it great?
When betting on esports, you should like what you are doing. In this case, you will make smart investments that will bring solid income. But you shouldn’t take it as a joke, as you can lose all you have.
Have proper bankroll management
A “bankroll” should make up the basis of your betting strategy. Without a clear betting budget, you put yourself at risk of losing a lot of money if not everything. Setting reasonable betting limits will protect you from overspending. You won’t lose more than you can afford.
The essentials of bankroll management require knowing how much and when to bet. Part of that leads to knowing the formats and schedules of different esports tournaments. This is where the main action takes place.
Achieving Success with Esports Betting Strategy
Esports betting might seem overly complex. But it’s not really the case. Similar to any betting activity, it just needs some commitment. This means that you will need time and effort to master the selected esports game. The obtained knowledge will help you act more effectively.
In other words, you should devote some time to exploring the esports sector and the esports game specifically. Success may get really close!