eSports, or electronic sports, is a form of competition that is enabled by electronic games, particularly video games. The involvement of players and teams as well as the output of the eSports system are facilitated by human-computer interfaces. In its most common form, eSports revolves around organized multiplayer video game competitions between professional players. The most conventional video game genres include first-person shooter (FPS), fighting, multiplayer online battle arena (MOBA), and real-time strategy. The proliferation of eSports over the past few years has also attracted large numbers of bettors, who are fans of eSports as opposed to professional sporting leagues. Here are four tips on betting eSports.
Understand Betting Odds
In order to place a bet, you must understand how betting odds work. If you don’t, you will basically be betting blind and more often than not, it will result in compiling losses. Essentially, betting odds represent probability and when applied to eSports, it represents the probability that one side will win over the other side. In order to use this information properly, you must be able to derive your own odds for specific games and compare your perceived odds of one team winning to the probability represented by the betting lines. If you believe that a team has a 70% chance of winning while the betting lines suggest that the same team has a 50% chance of winning, you will bet on this game as there is value since the markets have undervalued this team.
Understand Different Types Of Markets
After understanding how betting odds work, you must also study the different types of markets available, depending on the genre and game. The more widespread types of markets include moneyline, handicapping (similar to spread betting), totals, and outright (simply selecting a team to win an event, such as the League of Legends International).
Decide What Kind Of Bettor You Want To Be
Before placing any bets, you must decide what kind of bettor you want to be. Do you want to be a passive bettor who analyzes only one or two games of interest a week while placing wagers of relatively small amounts? On the other hand, do you want to be an active bettor who is willing to put in the time and effort for extensive research and analysis while betting on as many games as you can find with value with wagers of relatively large amounts? Deciding what kind of bettor you want to be depends on your passion, personality, and time availability. If you have the passion, time, and are willing to put in the hours, betting actively would suit you more. On the other hand, if you are indifferent about eSports, do not have much time on hand, and are not willing to grind, then perhaps you should stick with betting more passively.
Decide Which Game(s) To Bet On
It is important to decide which games to bet on based on your personal interests, which may include specific genres of interest or certain games that you yourself play. If you have no interest or limited fascination with selected genres or games, it would be quite difficult to find the drive to put forth the time and effort to research and analyze betting options. Additionally, watching eSports games is also imperative as you will be able to pick up many nuances and qualitative aspects that may help drive your decision-making process. It is important to find your passion for particular genres and games so that when the time comes for research and analysis, doing so will not feel like a drag.