eSports betting is quickly becoming one of the most popular choices for punters all over the world. However, there are some specific tips and strategies that anyone who wants to start wagering on eSports events should consider before embarking on their gambling journey.
No matter if you’re a total beginner to online gaming or a passionate CSGO or League of Legends player, the following tips will help you in the long run. They will provide valuable insights into the eSports market and offer you an efficient way to place bets, even if you are on a tight budget. Here are the top 9 tips and tricks to take your eSports betting strategy to the next level:
1. Analyze the Correct Statistical Data
One of the most crucial steps towards eSports betting success is understanding the statistics. Most bookmakers offer access to an extensive database of historical data, including past tournament results, global ranking, team members.
By analyzing data, you will be able to compare between two teams and easily decide which one is better. Keep in mind that the eSports team change their strategies relatively fast. Thus, the most relevant data you can analyze is the recent match history, which shows insights into a particular team’s performance.
Our suggestion is to ignore the rankings since they can be misleading. A team might have recently changed their game plan, and they could crush the upcoming game, even if they are ranked below their opponent.
On top of that, make sure you check if the team has recently made any changes to their roster. This information can help you determine if any key players will be missing from the next game, which could drastically lower that team’s winning odds. Bear in mind that it’s also important to place your eSports wagers at the best betting sites. Some of those can be found on the list below.
2. Play the Game Before Betting
If you’re not an avid gamer but you’re curious about betting on esports, we highly suggest trying to play the game. This way, you will get a thorough understanding of the game’s mechanics and understand how different decisions can affect the outcome of the game.
To put things into perspective, let’s think of regular sports betting. Would you place a bet on football if you didn’t know the basic rules of the game? Probably not.
Well, eSports betting works precisely the same – the more you know about the game, the higher your chances of making the correct betting decision. Based on our analytics, the most successful esports bettors are amateur gamers and active members of the gaming community.
3. Don’t Settle on One Platform
The betting market is vast, so you have plenty of options to choose from. Since the odds can vary from one site to another, it’s essential to learn how to differentiate the good bookmakers from the bad ones.
By joining multiple betting websites, you can identify the best odds for a particular event and get the most out of your wagers. We suggest using Casinobonusca’s gaming platform aggregator to quickly filter the available options and make more informed decisions for your betting journey.
On top of that, many eSports betting platforms have bonuses, which can bring you improved odds or free bets. Our recommendation is always to redeem the promotions, especially when you join a new bookmaker. It will bring you a better gaming experience.
4. Watch Live Streams
The main reason why some online video games have become eSports and started generating massive revenue in the order of billions is because of the intensity and competitiveness. If you never watched a Major CS: GO or League of Legends championship, you should try it!
The atmosphere of a professional eSports event is similar to that of a real sport, making it even more exciting to watch. You can cheer for your favorite team and watch the game in real-time on Twitch.tv, one of the leading streaming platforms for significant gaming events.
On top of that, some betting platforms offer the option to watch the live stream directly on their site, making it easier for you to see the action unfold and know if you should cash out early or wait until the end.
5. Take Advantage of Gaming Communities
While analyzing statistics can help you make more accurate predictions, staying up-to-date with the eSports world’s latest events is just as important. Thus, reading specialty blogs, forums, or joining a private gaming group chat can help you get valuable insights about the teams or learn more about the game.
Being part of the community is the most effective way to place winning wages on eSport events. We suggest using Reddit. The posts made in subreddits about gaming and eSports are user-generated, meaning that they aren’t biased or meant to deceive you. Instead, the Reddit gaming community is working together to predict the outcome of an event successfully.
6. Keep Track of Your Profit and Losses
Suppose you have any prior experience with betting. In that case, you might already know how important it is to track down your results. Many professional bettors claim that their success comes mainly from their attitude towards their wagers.
Successful players view eSports betting as a real business, so they keep track of their profit and losses, which helps them calculate their win/loss ratio. This way, they can develop a solid strategy in the long run.
7. Learn How to Find Value Bets
The secret to making money from esports betting is knowing how to identify value bets. The main problem with amateur punters is that they don’t even understand what value betting means, let alone actually know how to look for it.
Let’s talk about CSGO. One of the common misconceptions about finding value is that you should only look for the highest CSGO betting odds, which automatically means that the bet offers a good value.
Value betting is about comparing the high odds to the winning chances of that particular team. Identifying value takes practice, but it is definitely worth investing some time into learning how to find the best events to bet on.
8. Know Your Strengths and Specialize
When it comes to eSports betting strategies, it’s essential to decide which game you know best and want to focus on. Essentially, instead of developing partial knowledge regarding multiple eSports, you can specialize in one.
This way, you will expand your betting knowledge and learn how to make value bets on that particular game. However, if you’re an avid gamer and have expertise in multiple eSports, you can start experiment with various markets.
No matter how much you know about a game, it would be best if you started with a small budget and slowly work your way up until you feel confident enough in your decisions and you can increase your wagers.
9. Don’t Focus Only on Major Events
Amateur bettors that are just getting started with eSport betting are solely focusing on main events, such as the CS: GO Major Championships or the League of Legends Worlds. These competitions are the most important events of the year, as they are the Football World Cup’s gaming equivalent.
While we agree that you can make a decent profit by betting on major gaming events, it’s important to note that these competitions have a huge fan base. Therefore, the odds will be relatively low, so you won’t be able to find too many value bets.
On the other hand, small eSports tournaments offer better odds. They feature newer teams or underdogs that didn’t qualify for the world championship. By analyzing smaller events, you will quickly expand your gaming knowledge and improve your chances of finding relevant betting opportunities.
The Bottom Line
If you want to succeed in eSports betting, it’s essential to experience the game yourself and learn as much as you can about the gaming culture and professional players. Of course, we’re not saying that you should become a pro to get good results from your wagers.
To achieve your profit goals, you need to be involved with the gaming community and watch the games on the live stream. This way, you will expand your eSports knowledge and make more informed decisions based on both analytics and your “gut feeling.”
Good luck, and remember to gamble responsibly!