Why You Should Bet on Esports: A Comprehensive Guide

guide to esports betting

Why Bet on Esports: A Simple Guide

gaming competition wagering options

The $1.8 billion esports betting market is good to try if you know the players, teams, and live stats well.

Big Names and Betting Sums

League of Legends leads with 38% of all bets, while Counter-Strike: Global Offensive (CS:GO) has 29% of the market.

Benefits of Using Data for Bets

  • HLTV for CS:GO stats
  • Oracle’s Elixir for League of Legends stats
  • Live data on game screens

How to Handle Your Betting Money

  • Bet 2-5% of your money each round
  • Track your results in different games
  • Learn bet types with data
  • Reflect Varied Casino Game
  • Look at odds on many sites

Good data and wise money choices lead to better wins.

Learn About Esports

See the Big Growth in Esports Market

Market Size

The global esports market grew to $1.8 billion in 2023 from $1.1 billion in 2020.

This rise is due to watching games, company deals, and esports bets.

Key Parts of the Market

Mobile Esports

Mobile esports is soaring in Asia, with 38% more bets each year.

Classic PC Games

League of Legends and CS:GO lead the PC esports part across America and Europe.

Sports Games

Sports games mix real sports and online play, bringing in lots of fans and bets.

How Areas Differ

  • North America and Europe: Top in PC games
  • Asia: Huge on mobile games
  • Game methods: Change by area

Money and Pro Sports Compare

  • Money from big sports teams
  • Media roles in team ownership
  • Pro sports ways
  • Set game plans

These steps make the betting market better and stronger.

Top Games for Bets

Big Esports Games for Bets

Most Loved Betting Games in Esports

The esports betting world likes some top games, pulling many eyes and bets.

League of Legends (LoL) has 38% of bets, while Counter-Strike: Global Offensive (CS:GO) holds 29% of the market.

Top Games and Big Matches

Dota 2 is key, with its big match The International pulling in over $50 million in bets.

Valorant has grown since 2020, now at 12% of the market through its games and events.

How Places Like to Bet

Areas prefer different games, with CS:GO big in Europe and America, and League of Legends loved in Asia.

  • Pro leagues
  • Set odds
  • Live data
  • Planned games
  • Strong streams

Types of Bets in Esports

Esports Betting Types

equipment leading to achievement

Common Bet Types in Esports

Match Winner Bets pick the match winner.

Handicap Betting adds a twist by giving one team a lead or downside, balancing bets between strong and weak teams.

More Complex Bets

Totals Betting looks at game numbers, letting you bet on whether numbers top set points.

Live Betting shifts as the match goes on. In-game bets bring fun changes as the game moves.

Special Bet Options

Proposition Bets zoom in on specific game events, needing a deep knowledge of game plans and team moves.

Tournament Outright Bets let you bet long-term on event winners, moves up, and team ranks.

Reviewing Teams and Players for Wins

Check Teams and Players for Betting Success

Using Their Past Results

Game data is key for smart betting ways.

  • Win rates
  • Head-to-head results
  • Game-specific stats
  • Past match wins
  • Performance in different places

Looking at Player Stats

Checking players means a close look at KDA ratios and how they do in different game parts within MOBAs and weapon skills in FPS games.

  • Game changes
  • Different match types
  • Handling stress
  • Online vs. real-life matches

How Teams Work

Team changes and teamwork impact how they play.

  • Recent event wins
  • How their styles mix
  • Game strengths
  • Team adjustments
  • Practice results

Outside Things Hitting Teams

Outside things shape their play:

  • Event stress
  • Time zone differences
  • Online vs. real-life events
  • Area play styles
  • Practice venue quality

Checking The Market

Make a deep check plan:

  • Check their wins
  • Adapt to new trends
  • Tips from pros
  • Team mood
  • Now performance
  • Spot where the market slips

This ordered way finds betting wins that pay off.

Handling Your Betting Money

Top Money Plans in Esports Betting

Smart Limits for Bets

Having solid money plans is key to do well in esports betting.

Follow a 2-5% rule for each bet, no matter how sure you are.

Set Your Bets with Data

Betting logs boost your results.

  • How much you bet
  • Odds
  • Bet results
  • Return on investment (ROI)
  • Results by bet type

This method shows betting ways that win, like Match Winners or Map Handicaps.

Set Up Your Betting Money

With Units

Sort your money with a https://maxpixels.net/ 20-50 unit system, shifting as you judge risk.

With $1,000 to use, each unit is $20-$50, making sure you bet right no matter the market.

How to Cut Risk

  • Set hard rules to add money
  • Don’t chase losses
  • Keep bet sizes the same
  • Shift stakes as your total money shifts
  • Stick to percentage rules

This smart way stops quick choices while keeping your money safe as the market shifts.

Tools to Win

Need-to-have Tools to Do Well in Esports Betting

Places to Check Odds

Odds tools like Oddspedia and BetBrain help you bet wisely.

They compare odds from many bookmakers at once, giving you a 5-15% edge by picking the best odds.

Data Tools

Top esports bettors use data sites to deeply study matches.

HLTV offers extensive CS:GO data, while Oracle’s Elixir gives great League of Legends stats.

Using these with live streams like Twitch lets you watch teams and players as events happen.

Esports-Only Tools

Esports-only tools boost your betting wins with special features:

  • SickOdds: Auto odds checking
  • Strafe: Stats models
  • Discord channels: Live team news
  • Reddit chats: News on game changes and team plans

Apps for Money Tracking

Betting apps like BetMinder and JimmyBet are musts:

  • Work out ROI
  • Keep detailed betting logs
  • Watch your results
  • Track your overall funds

These full tools build a strong plan for making wise picks and growing your money in esports markets.