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eSports Betting – Everything You Need to Know

Betting on eSports is one of the fastest growing pastimes. If you’re new to things like betting on Overwatch League or other eSports, here’s a full rundown.

Electronic sports have exploded in popularity in recent years. Considering the significant rise in the popularity of eSports or e-sports, it’s no surprise that a betting market has been established for the sport. After all, how many people have made friendly wagers playing videos games at home at one point or another? When you consider the intensity of eSports at a professional level, it’s easy to understand the appeal of betting on the events. From League of Legends to Counterstrike and all of the eSports leagues based on the professional sports leagues like the NFL and NBA, it should be no surprise that betting on eSports has become so popular. Here is a look at everything you need to know about betting on eSports.

Betting On ESports

The way in which eSports has exploded in popularity over the years is really incredible. While professional gaming leagues can be tracked all the way back to the year 2000, the eSports phenomenon really took off in 2013 when leagues started getting television rights and major sponsorship. While the general popularity of eSports is off the charts, the online betting markets have made steady progress as well. The most popular eSports leagues to bet on include League of Legends, DOTA 2 and Counterstrike. Here is a quick overview of each of those games.

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Betting On League Of Legends

League of Legends is currently the most famous eSport in the world to bet on. The multi-player online battle arena really made it take off, as League of Legends has exploded in to the main stream over the past few years. In fact, League of Legends is so big that professional sports franchises including both NBA and NFL teams are buying and investing in League of Legends teams. These teams literally generate millions of dollars in sponsorship dollars.

With League of Legends tournaments all over the world including North America, Europe, South America and Asia, there are plenty of different ways to bet on this game at the professional level. However, the big one every year is the League of Legends World Championships, which take place beginning in December or January every year and spanning all the way through to late October or November. With total prize pools expanding to the $5 million range, the competition is really on another level at the LOL World Championships and that is a big part of what makes it so fun to bet on the tournament.

Betting On DOTA 2

DOTA 2 existed before League of Legends and remains a very popular professional eSports league that is bet on. While it might not be as popular as League of Legends, DOTA2 has a wide range of tournaments including The International, which takes place every August and features the largest prize pool in any eSports league.

The annual tournaments that can be bet on every single year include Boston Major, Kiev Major, and WESG, which each feature prizes of $1.5 million or more. Still, none of those events compares to The International, which includes 10 teams competing for nearly $25 million in total prize money every single August. As is the case with League of Legends, DOTA 2 has become a very popular eSports game to bet on with online betting sites.

Betting On Counterstrike

While it ranks third behind League of Legends and DOTA 2, Counterstrike is still a very popular eSports game to bet on. The marketplace for Counterstrike is extremely big and while the tournaments aren’t as big as some of the other eSports, it is still a game that is worth following if you are interested in betting on eSports.

The biggest Counterstrike eSports tournaments include the World Electronic Sports Games and WESG Finals, which both feature just over $1.5 million in total prize money. While the World Electronic Sports Games tournament is a little bigger with 32 teams, the WESG Finals is just as existing with the best 23 teams in the world competing for the top prize. The ELEAGUE Major, ELEAGUE CS:GO Premier and PGL Major are other major Counterstrike tournaments that pay out $1 million in prize money on an annual basis.

Betting On Pro Sports League Games

In addition to the popular RPG games listed above, there has been a major increase in the popularity of eSports based on professional sports leagues including Madden NFL and the NBA. FIFA is another eSports tournament that has really taken off with leagues that are based on the teams in individual soccer leagues around the world including the Premier League in England. With actual professional sports teams investing money in their own eSports games for these leagues, betting on these types of eSports will only become more popular in the coming years. If you’re the type of person that wants to be ahead of the curve, make sure that you take the time to learn more about these leagues before they really take off.

Popular eSports Bets

There are a number of different types of bets that you can place on eSports. Here is a look at the most popular wagers for betting on eSports.

Outrights

The most popular type of eSports bet is wagering outrights or sides. Basically, pick one team to beat another in a particular matchup. Every site that offers eSports wagering will have outrights available to bet. American sites will usually feature these odds by the money line, while bookmakers based in the UK will feature the odds by fraction.

Point Spreads

Believe it or not, eSports matches could also have point spreads as handicaps to help make the matchups more even on paper. The favorite point spread line in eSports is usually -1.5 games, which is familiar to what you would see betting the run line in baseball or puck line in hockey.

Futures

The majority of online betting sites that offer eSports wagers also list futures for picking outright winners ahead of time. This allows players to scout tournaments ahead of time and pick outright winners before the event begins.

Live Betting

The final type of bet that you can make betting on eSports is live betting. While only a small number of sportsbooks offer this option, it’s a fun and entertaining way to add to the excitement of betting on eSports live. While it may not be on your radar just yet, the rise of eSports has created a major betting market for these games. If you want to get ahead of the curve, now is the time to start paying attention to eSports and taking advantage of the opportunities to make some serious money.

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