Esports betting varieties
Check below for some of the varieties:
Match winner esports bets
This form of esports betting refers to betting on the outcome of a specific match, where you place a wager on which team or player you think will win. This is one of the most common types of bets in esports and can be found at most online sportsbooks that offer esports betting. The sportsbook sets the odds for each team or player and will reflect their relative chances of winning the match.
Outright esports bets
Match winner bets in esports refer to betting on the outcome of a specific match, where you place a wager on which team or player you think will win. This is one of the most common types of bets in esports and can be found at most online sportsbooks that offer esports betting. Match-winner bets can be placed on esports games, including popular games.
System esports bets
It is a type of esports betting where you place multiple bets on different outcomes in a single wager. The goal of a system bet is to increase the potential payout by combining numerous bets but still having the possibility of winning if not all of your bets are successful. Place a 3-out-of-4 system bet on four different esports matches.
Esports-specific bets
Some examples of this bet type are:
- First Blood Bet: A bet on which team will get the first kill in a match. Map Winner Bet: A bet on which team will win a specific map in a best-of-3 or best-of-5 series.
- Handicap Betting: It is an esports betting option where a handicap is applied to one of the teams, levelling the playing field and making the betting more attractive.
- Total Rounds Bet: A bet on whether the total number of rounds played in a match will be over or under a specified number.
- In-Game Props: A bet on specific events during a match, such as the first team to plant a bomb in Counter-Strike: Global Offensive or the first team to destroy an inhibitor in League of Legends.
- Player Props: Bets on individual player performance, such as the number of kills or assists a specific player will have in a match.
Popular types of esport bets
The following are examples of esport bets you can take part in:
Moneyline bets
It is the most basic type of bet, where you bet on the outcome of a match or tournament.
Outright bets
Outright bets are forms of esports bets that allow you to bet on the overall winner of a tournament or championship.
Map or round betting
It allows you to bet on the outcome of a specific map or round within a match.
Handicap betting
It involves giving one team a virtual advantage over the other, making the betting odds more even for profitable esports bets.
Prop bets
These can also be called proposition bets, allowing you to bet on specific events or occurrences within a match, such as the number of kills, headshots, or the first team to reach a specific objective.
Live betting
It enables the bettor to place bets on the outcome of a match while it is being played. This type of betting offers an exciting and dynamic experience for esports betting, making it popular in esports.
Future bets
They are esports bets allowing you to place bets on the outcome of an event that will occur in the future, such as the winner of a tournament or championship.
Betting on esport for the first time
The steps below will guide you on how to place your first bet as a beginner in esports betting:
- Choose a sports betting platform: The first step is to choose a reputable and trustworthy sports betting platform that offers esports betting. Research, read reviews, and compare the different platforms to find one that meets your needs.
- Register for an account: Create an account by providing your personal information, such as your name, email, and date of birth. You may also be required to provide proof of identity to verify your account.
- Fund your account: Fund your account to place your first bet. Most sports betting platforms offer several deposit methods, such as credit cards, e-wallets, and bank transfers.
- Choose your bet: Once your account is funded, you can start browsing the esports betting markets to find a bet that interests you. Look for a match or tournament you know about, or consider doing some research to learn more about the teams or players involved.
- Place your bet: Click on the odds for the bet you want to place and confirm the amount you wish to wager. Your bet will be processed, and you will be able to see the outcome once the match or tournament has finished.
Using an esports betting bonus
Esports betting bonus can increase your bankroll, helping you land a larger bet to win more money. Bonuses reduce the cost of betting, ensuring the bettor spends and risks less amount. Nevertheless, not all bonuses are good for you. Avoid bonuses that have unfriendly wagering requirements.
Before accepting any prize, you should carefully read the terms and conditions to understand the requirements for claiming and using the bonus. Most bonuses have specific eligibility criteria, such as a minimum deposit amount, a minimum odds requirement, or an exact geographic location. Make sure you meet the criteria to claim the bonus.
Claim the bonus after meeting the requirements by following the instructions provided by the esports betting platform. This could involve entering a bonus code or contacting customer support. Once the bonus has been credited to your account, you can use the bonus funds to place bets on esports matches or tournaments. Some bonuses may restrict the types of bets you can place or the odds you can bet on.