With its current development, Esports seems to have become an essential part of entertainment for many people, especially top gamers. Over time, Esports has been officially recognized as a legitimate competitive sport, and there are now arenas dedicated to it. This has also led to the rise of Esports betting. So What is Esports Betting? Let's bet win tips to find out right away.
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 only 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.
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.
In these major tournaments, players can participate by 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 gain the first victory.
Esports betting offers high odds and big rewards, and players can easily receive payouts into their accounts due to the fast payout speed.
As with football or other sports, players can place bets on matches and teams through reputable betting websites. Winning bets result in receiving prize money. Despite being relatively new, Esports betting is gaining significant attention from betting enthusiasts in Asia.
Common Forms of Esports Betting
Esports betting currently offers a wide variety 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: Players predict whether the match will last more or less than 35 minutes.
- First, to 5-kill 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 offers similar types of bets to football betting, such as handicap betting and championship team betting.
Depending on the type of game, there will be many changes, so when participating in esports 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?
New players 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. 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 matches, which has added more excitement and suspense to every moment of watching.
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 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, make sure to research their composition, tactics, and the performance of the members.
- 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 its odds and different types of bets for you to choose from. You need to understand the rules and formats to make accurate betting choices.
- Choose a reputable bookmaker: This is very important because reputable bookmakers are 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 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, Dota 2, LoL, and many other exciting products. FB88 offers the best odds for esports members.
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 platform in Asia. In addition to casino betting, W88 also offers other sports products for users.
To achieve its current position, W88 has appealing customer programs, a 24/7 operating staff, fast payment support, and many other incentives that you can experience when participating.
Esports betting website Fun88
The Fun88 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 high as at M88, but Fun88 knows how to create unique offerings to attract players.
For example, games like Dota 2, Starcraft 2, LOL, and CS GO, as well as any major or minor sports tournaments held around the world, are examples of events for which 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 reliable platform for you to participate in. There are many sports betting odds with fairly high win rates and a considerable number of players participating.
M88 provides comprehensive betting odds for all major and minor esports tournaments in the region and around the world, without missing any events. Players can stay up-to-date with information on M88's homepage to quickly grasp the news.
If you want to participate in League of Legends, Dota 2, CS, or PUBG betting, M88 fully meets all your needs.
Electronic sports betting website 188Bet
Although the biggest strength of 188Bet is in sports betting, the company has also invested heavily in esports betting. In the past, there were very few forms of betting and few esports tournaments. Since electronic sports games became popular, 188Bet has become more flexible in adjusting and supplementing betting odds and covering major esports tournaments around the world.
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 its main operating philosophy focuses on being customer-centric.
Conclusion
Just now, here are the introductions to basic sports betting. Hopefully, through this article, you can better understand what esports betting is. Surely you have a fresh perspective on this e-sport. Surely you have a fresh perspective on this e-sport. What are you waiting for? Why not participate in betting on this attractive sport today? I wish you big wins and success when betting on e-sports.
See also: A simple, straightforward guide to esports betting
