How to Make an Esports Bet Online
How to Make an Esports Bet Online
One of the things you need to know if you are fond of playing video games online is esports betting. This simply means that you can wager on the outcome of the video game match. This is one of the most common sports you can find at online sportsbooks. This is because it is fun to watch the video games tournament. Additionally, it is more fun if you make an esports bet online and you win a lot of money.
There are thousands of games used in esports betting. Here are some of the most common genres of esports games:
Multiplayer Online Battle Arena Games
The multiplayer online battle arena games is often strategy-based. Various players need to work together to complete the goal set in the game. The general objectives for this kind of game are to kill the opponents or destroy their base.
There is often a single character that you use in fighting games. You can choose from a number of characters with different skill sets at the start of the game. The goal is to compete with other players’ characters and win.
Real-time Strategy Games
Real-time strategy games combine fighting and strategy games. This is because you often need to gather resources while you fight your opponents. The main goal is to destroy the enemy’s base while protecting your base.
First Person Shooter Games
First-person games are played using a first-person point-of-view. There are different themes you can play under this genre. However, the most common goal of the games is to finish a specific objective to clear the game.
While the games you can find in esports betting are different, there is only one organization that operates the tournaments. This is the World Esports Association (WESA). This is the highest governing body of esports since it was founded in 2016.
Wagering on your favourite esports games is easy. This is because all you need to know is the match you want to bet on. Then you can go to any sports betting site and find this match. However, you need to understand what sports betting odds are if you do not know them.
Sports betting odds are the possible chance of the teams to win the game. These odds are given by a bookmaker. You need to understand these odds to calculate your possible profit if you wagered on the match. There are different kinds of odds you can find in online sportsbooks. However, here are some of the most commonly used odd formats in esports betting:
Fraction odds are the most common format in European countries. You can easily calculate your possible profit using this format. There are only two things you need to know to understand this kind of odd:
If the numerator is larger than the denominator then it means your profit is larger than your stake.
If the denominator is larger than the numerator then it means your stake is larger than your profit.
Here are the formulas to compute your possible profit:
(Stake x Numerator = Profit) + Initial Stake = Total Payout
(Stake/Denominator = Profit) + Initial Stake = Total Payout
The American or Moneyline odds show you which team is favoured to win. It also shows you which team is favoured to lose. The favourite is represented with a minus (-) sign. While the underdog is shown with a positive (+) sign.
If you wager on the underdog, you need to know that the odd given is the amount you can win for every ₹100 you wagered. Meanwhile, the odd next to the favourite is the amount you need to stake to get ₹100 back.
The decimal odds is one of the most common sports betting formats. This is also the easiest to understand. This is because all you need to do is multiply your wager to the decimal odds given. You can then know what your possible profit is. If you add your initial stake to your profit, then you can get your total payout.
You can now wager on any esports betting match you want if you understand how the odds work. Just remember that there are various factors you can consider to ensure a successful bet. This includes the skills of the teams and how much they had won before. However, these factors do not guarantee a successful wager. This is because there can be a lot of outcomes in the match. This is also one of the reasons why esports betting is fun.
Popular Games You Can Make an Esports Bet Online
There have been a lot of esports games you can play since it has become popular. However, here are some of the most popular esports games you can bet on:
Counter-Strike is one of the most popular first-person shooter game. The goal is to counter-attack against the terrorists in the game. You also need to prevent them from taking hostages and killing your team members.
The Defense of the Ancients (DOTA) game is one of the most popular team strategy games. You need to form a team with 5 members. The goal is to build your own base while attacking the opponent’s base.
League of Legends
League of Legends (LoL) is also one of the most popular team strategy games. This is a multiplayer battle arena where you can choose characters with different skills. You form a team in this game. The goal is to destroy the “Nexus” in the enemy’s base.
Where to Make an Esports Bet Online
Most online sports betting sites offer esports betting. This is because this is one of the most popular sports you can wager on. You can browse through the thousands of bookmakers online to find the right site for you.
However, you do not have to waste your time. Check out the detailed reviews that Betwala has on some of the best sports betting sites in the industry where you can bet on esports online:
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