What is Esports Betting? Explore esports betting

18/05/2023 Sports betting

With the current development, Esports seems to have become an indispensable spiritual dish for many people; especially the top gamers. Over time, the sport has been officially recognized as a type of e-sport and there are arenas dedicated to this form. That’s why it comes with Esports betting. So What is Esports Betting?. Let’s bet win tips to find out right away.

What is Esports Betting? Explore esports betting
What is Esports Betting? Explore esports betting

What is Esports?

Esports refers to online games that are played individually or in teams on a computer, often with specific rules and regulations, coaches, and referees, much like traditional sports. These games are typically played by professional gamers in organized tournaments. In other words, Esports is not just a form of entertainment but has evolved into competitive gaming with professional players and teams, attracting a global audience, especially with the development of live streaming technology.

Esports focuses on popular online games that are widely played across the world, such as League of Legends, Counter-Strike: Global Offensive, DotA 2, and others, that are highly engaging and immersive.

Professional players, who are considered athletes, spend a significant amount of time living and training in gaming houses, which are specialized environments for practicing their skills. Apart from prize money, gamers also receive salaries from gaming organizations, which can be gaming companies such as TSM, Fnatic, Cloud9, or well-known brands like Razer, Samsung, SKT, and Roccat.

Esports is not just a regular form of entertainment, but also a multi-billion dollar industry for gamers. It is a place where people compete to determine the best player, and of course, the winner receives prize money, support from gaming organizations, advertising revenue, and merchandise sales.

Esport betting attracts more and more participants
Esport betting attracts more and more participants

What is Esports betting?

In basic terms, Esports betting is a form of betting based on matches or tournaments of online games. This includes major tournaments of popular games such as League of Legends, DOTA2, CSGO, Warcraft, Starcraft, COD, KOG, or PUBG.

These major tournaments are where players can participate in predicting and placing bets. Esports also has various betting options similar to betting on football or any other sports, such as betting on the winning team of the first match, over/under betting, or betting on which team will achieve the first success.

Esports betting offers high odds and big rewards, and players can easily receive payouts into their accounts due to the fast payout speed.

Like betting on football or other sports, players can place bets on matches and teams with various betting options offered by reputable betting websites. Winning bets result in receiving prize money. Therefore, despite being relatively new, Esports betting is gaining significant attention from many betting enthusiasts in Asia.

Common Forms of Esports Betting

Esports betting currently offers a wide variety of different types of bets. Depending on the betting site, players may have access to different betting options, including:

  • Traditional Betting: This involves placing real money bets on a given Esports match, with players selecting their desired bet from the options provided by the bookmaker. If the player correctly predicts the outcome of the match, they win the corresponding payout.
  • Skin Betting: This is a popular type of betting in many Esports games. Players can place bets using in-game items or virtual currency, such as skins.
  • Match Winner Betting: With this type of bet, players select the team they believe will win the match. If the team wins, the player receives a payout.
  • Score Betting: In this type of bet, players wager on the final score of the match. If the final score matches the player’s prediction, they win the bet.
  • Match duration betting: Predicting whether the match will last more or less than 35 minutes.
  • First to 5 kills betting: Based on the playing style of the two teams, fans predict who will get 5 kills against the opponent first.
  • First objective and first match win betting: Depending on the abilities of the two teams, fans can place bets on this.

In addition, Esports betting also offers similar types of bets as football betting, such as handicap betting and championship team betting.

Popular forms of betting in Esport
Popular forms of betting in Esport

Depending on the type of game, there will be many changes, so when participating in Esport betting you need to have a thorough understanding of the game you plan to participate in to bet more accurately.

Why is Esports betting so popular?

In esports betting, each game typically has different strategies and techniques, and professional gamers compete against each other while fans get to witness their favorite teams in action. Popular esports games such as League of Legends, CS:GO, and Dota 2 often offer highly lucrative prizes, prompting many investors to advertise and cash in on the opportunity. This has also made the esports industry highly attractive to bookmakers.

Over time, the popularity of esports has grown, and the number of fans following it has also increased. In the past, esports was relatively unknown in the Vietnamese market, but today many esports teams have been formed to compete in local and international tournaments.

Should you bet on football odds or Esports odds?

For new players, they often ask whether they should bet on football or Esports. In general, the gameplay of these two forms of betting is similar, and the winning odds depend on the player’s ability to analyze the odds. However, compared to football odds, Esports odds are highly valued due to their richness and diversity in gameplay, and they allow members to experience it at any time without having to depend on the time of the matches. Especially in large-scale game events or tournaments held around the world, Esports betting is now available to the public even during the matches, which has added more excitement and suspense to every moment of watching.

Using Tips Increases Your Chances of Winning
Using Tips Increases Your Chances of Winning

Things to keep in mind when participating in Esports betting

Esports betting is a relatively new field, so if you want to participate, you will need to take the time to research and learn to accumulate experience. For those who are new to Esports betting, it can be difficult to analyze the gameplay and make the right betting choices. Therefore, here are some betting tips live for you to keep in mind when participating in this type of betting.

Thoroughly research the participating teams: when you decide to bet on a particular team, what you need to do is not forget to research the team composition, tactics, and performance of the members involved.

  • Pay attention to details: In any betting, you will need to have the most comprehensive assessment to easily make the appropriate betting choices.
  • Thoroughly research the types of bets: If you cannot understand the form of betting, it will lead to wrong choices. Each bookmaker will have their own odds and different types of bets for you to choose from. Therefore, you need to understand the rules and forms to make the most accurate betting choices.
  • Choose a reputable bookmaker: This is very important because reputable bookmakers are always transparent, safe and will offer you the best odds.

Summary of the most reputable Esports bookmakers

To provide players with the most accurate choices, we have compiled a list of the best Esports best bookmaker sites in Asia. Let’s explore:

FB88 Esports betting website

FB88 is one of the top betting companies today, and when you participate in esports betting at FB88, you will enjoy attractive odds for CS:GO, Dota 2, LOL and many other exciting products. FB88 offers the best odds for Esports members.

FB88 Bookmaker Esports Betting
FB88 Bookmaker Esports Betting

FB88 currently provides two esports betting products: FB88 Esports and Esports X. Each product brings you unique and exciting experiences, with easy betting operations and high winning odds. FB88 is the top choice in the field of esports betting today.

Esports betting website W88

W88 is licensed to operate by the Philippine government and has become the leading online betting game in Asia. In addition to casino betting, W88 also offers other sports products to users.

W88 Bookmaker Esports Betting
W88 Bookmaker Esports Betting

To achieve its current position, W88 has attractive customer programs, a 24/24 operating staff, fast payment support, and many other attractive incentives that you can experience when participating.

Esports betting website Fun88

The Fun88 Sports betting website has a very simple interface design that players can easily access. At the same time, there are many bets for the Esports games that you love. The number of players participating in Sports betting at Fun88 may not be as much as at M88, but Fun88 knows how to create differences to attract players to participate.

FUN88 Bookmaker Esports Betting
FUN88 Bookmaker Esports Betting

For example, games like Dota 2, Starcraft 2, LOL, CS GO, and any major or minor sports tournaments held around the world, Fun88 is ready to offer you the best quality betting odds possible.

Electronic sports betting website M88

When it comes to electronic sports betting, M88 is a reputable and worthwhile place for you to participate in betting. There are many Sports betting odds with fairly high win rates and a considerable number of players joining in.

M88 Bookmaker Esports Betting
M88 Bookmaker Esports Betting

M88 provides complete betting odds for all major and minor esports tournaments in the region or around the world, without missing any tournaments. Players can keep up-to-date information on M88’s homepage to quickly grasp the news.

If you want to participate in League of Legends, Dota 2, CS Go, PUBG betting, M88 completely meets all your needs.

Electronic sports betting website 188Bet

Although the biggest strength of 188Bet is in sports betting, they have also invested heavily in Sports betting . In the past, there were very few forms of betting and not many esports tournaments. But since electronic sports games became popular, 188Bet has been more flexible in adjusting and supplementing betting odds and major esports tournaments around the world.

188Bet Bookmaker Esports Betting
188Bet Bookmaker Esports Betting

Coming to the online betting website 188Bet, you will have the opportunity to experience the hottest Sports betting games today. It is highly rated by players because their main operating philosophy is customer-centric.

Conclude

Just now are the introductions to basic Sports betting hopefully through this article, you can better understand what esports betting is. Surely you have a fresh look at this e-sport. Playing games not only reduces stress, trains the mind, but can also be played with generous rewards. What are you waiting for that you do not participate today to participate in betting on this attractive sport. Wish you big wins and success when betting on e-Sports.

See also: A simple, straightforward guide to esports betting

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