Sports betting has existed for centuries, but esports betting is new. If you are new to esports betting, chances are you don’t know much about it.
Let’s start with fundamentals to make it much easier to understand if you focus on conventional sports betting.
Guide To Betting On Esports- What is Esports
Esports is all about video games! But that does not mean every video game is an esports. Electronic sports are highly competitive video games with a focus on organized competitions.
The first video game competition, for Spacewar, was held in 1972 at Stanford University. The first prize was a year’s subscription to Rolling Stone, a monthly pop culture magazine in the USA. In the 30 years since its inception, esports slowly became a household term in South Korea. South Korea is the cradle of the modern esports industry.
Global esports tournaments will already have made many names in the next ten years. This was the golden era of League of Legends, with Dota 2 and CS: GO at the very start of their life cycles.
Esports Betting Sites
Esports betting sites have come a long way since their early stages. A couple of years ago, there were only many places you could use to bet on esports. Nowadays, the list is massive. There are so many esports bookies nowadays that finding a 100% legit one is difficult.
1. Payment Policy
The payment process and withdrawal policy are key considerations. You might have stumbled upon a bookie with lots of good bonuses and all that good stuff, but when it came to withdrawing your winnings, there were many obstacles in your way.
The first and most common one is minimum withdrawal amounts. Bookies often require more than $200 for the initial withdrawal. While that’s okay for big-time players, average players won’t be happy with their chances of winning that much with lower deposits.
Withdrawal fees are also necessary. Most of the time, you will find many withdrawal methods with different transaction fees. However, some bookies tend to increase the fees beyond reasonable numbers. Therefore, choosing the best esports betting sites is better considering their payment policy – low minimum withdrawal amounts and low transaction fees!
2. Payment Options
Next comes the site’s number of deposit/withdrawal options. Usually, you’ll see the likes of credit cards, Skrill, Paysafecard, Neteller, Ukash, and similar options. The more, the better it is. However, you should check that your desired bookie has the payment method you need for deposit and withdrawal.
3. Website Experience
This criterion concerns the bookie’s ability to draw and keep customers on its website. User experience is the main aspect of any website, especially highly interactive ones such as esports betting websites. So, only pick bookies with easy-to-navigate websites and clear and straightforward betting procedures.
Many websites do a poor job as far as user experience is concerned. That’s why to look for sites that are easy to find and bet on is necessary. You won’t need training videos to bet and win money on them.
4. Legit Betting Licenses
Each esports betting site should also have a legit betting license in its country. This means you are putting your money in a registered gambling company that does its business following international laws. This guarantees transparency, credibility, and a good user experience.
5. Special Bets
Another very important trait of a proper esports bookie is the number of special bets it has to offer. Let’s say there are two types of esports bets: normal (match-winner) and special (basically everything else).
Match-winner bets are generally 2-way or 3-way. The latter is with matches that can end as a draw, while the former are those matches in which one team must defeat the other. On the other hand, special bets are game-based and represent all other quantifiable aspects of a match.
6. The Number of Available Esports Markets
This tip is mostly not considered by people – in esports markets. You don’t think about other markets when creating an account on your esports betting site of choice. You are only focused on the one you currently want to bet on.
When your gaming preferences change, so does your bet. But if you chose a bookie with only a few esports markets, you might not enjoy it. Nobody wants to constantly create accounts on these gambling websites for each game they want to bet on. So, go for one of our chosen betting websites – each has an impressive number of esports markets to bet on.
7. Trustworthiness
Last but not least is trustworthiness. Don’t even visit a website with your info if you can’t trust it.
So, for sites with bad reviews, known issues reported by their users, and unresponsive customers, up to have a great time and earn decent money.