Betting on esports – is it possible to make money?

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Sports betting has been one of the favourite pastimes for a lot of people around the world. However, younger generations nowdays seem less interested in this activity, as some are a part of a much more vibrant and exciting industry that revolves around video games.

To resolve this change, bookmakers came up with an innovative and instant trendy solution: esports betting.

What is the difference between betting on sports and betting on esports?

According to the casinopedia.org dictionary, sports betting is an umbrella term which is used for both predictions of outcomes related to sporting events, and placing wagers on those outcomes to win money if your guess is correct.

The mere difference is of course just in the type of games that you place your bets on. Sports betting includes placing bets on sports such as football, basketball, tennis, rugby, and others. Bookies usually offer dozens of betting markets, one of them being esports.

On the other hand, esports is all about video games, which means that you can bet on LoL, Dota 2, CSGO and other games that are usually played in a PvP mode over the internet.

How to bet on esports?

Once you navigate to the esports section, take a careful look at the offer. FPS players would probably opt for Overwatch or CSGO, while MOBA lovers should definitely concentrate on Dota 2 and LoL. These four games form the basic selection on most bookmaker platforms. However, some might offer additional games that you should always take into account.

If you don’t have any betting experience, here are a couple of basic esports bets for you.

Money Line

Money Line bets are as simple as choosing the next winner of the game. In other words, you just need to wager on a team/player that you think will win, sit back, watch the game and hope for the best.

Handicap

If a handicap bet is -2.5 on the favourite, they need to win more than 2.5 games against their opponent for the bet to come through. The handicap bet takes the favourite and the underdog into account and you get to bet on the difference that the favourite would achieve. If this seems like an exciting type of bet, feel free to explore further options.

Totals

Totals refer to a specific stat that you can bet on. For example, you can place wagers on a total number of points that are achieved by a single player during one game. Another name for totals is over/under bets. If you play LoL, you can bet whether the number of total kills in the game would be over or under 45.5.

Propositions

A typical proposition for CSGO can state that 'the terrorists would draw first blood'. If this is a prop that you agree on, you can support it with a bet. Tens of propositions are created for every game, and casual punters usually love them.

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