Competitive video gaming, known as Esports, has seen an explosion in popularity over the past decade, with viewership numbers comparable to traditional sports like basketball and football. Esports has millions of viewers across the globe, with the top 10 most-watched games reaching over 300 million viewers per month combined. If you’re an Esports enthusiast looking to cash in on your knowledge of the scene, one way to do that is through betting on matches. Before you jump into Esports bets though, there are a few things you should know and keep in mind first.
- Types of Esport Bets
There are a few different types of Esports bets that you can make. The most common is match winner, which is simply picking who you think will win the match. You can also bet on things like first blood (who will get the first kill), first to 10 kills, and so on. Another type of bet is an accumulator, where you pick several matches and if they all win, you get a big payout. Finally, there are live bets, which are bets you make while the match is going on.
- How to Pick Winners
When it comes to betting on Esports, the most important thing is doing your research. You need to know the teams, the players, and the games inside out. Once you have that knowledge, you can start looking for patterns and trends. This will help you find value bets – where you think the odds are wrong and you have a good chance of winning. Remember, there is no sure thing when it comes to gambling, but if you do your homework you can give yourself an edge.
- How Much Money Do You Need To Start?
Before you start placing Esports bets, you need to have a clear understanding of how much money you’re willing to risk. It’s important to be mindful of your bankroll and not bet more than you can afford to lose. A good rule of thumb is to never bet more than 5% of your bankroll on any one wager.
- Tips for Staying Safe When Gambling Online
The first step to staying safe when gambling online is to do your research. Make sure you know the risks involved in online gambling, and only gamble with money you can afford to lose. Second, be sure to only gamble at reputable online casinos that are licensed and regulated by a government body. Third, always use secure payment methods when depositing or withdrawing funds from your online casino account. Fourth, never give out personal information or financial information to anyone online.
- How to Get Out if You Lose All Your Money
Losing all your money can be a very difficult thing to overcome, but it is possible. First admit that you have a problem. From there, you need to seek help from professionals or close friends and family. Once you have a support system in place, start working on a plan to get out of debt and improve your financial situation. Lastly, ensure you stick to your plan and don’t give up!
Esports betting is a relatively new phenomenon, but one that is growing in popularity. With the right approach, it can be a lucrative way to make money from your love of video gaming. These are tips on how to get started.