Esports Betting Guide | Can You Bet on Esports?

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Esports Betting Guide | Can You Bet on Esports?

As a seasoned gamer and avid follower of the esports scene, I can’t help but be excited about the meteoric rise of esports betting. I remember when the concept was still in its infancy, an obscure curiosity for a select few. But now, it has become a mainstream part of the industry, generating over half of esports revenue.

The esports world is expanding rapidly, bringing us larger-than-life tournaments worth millions every day. A significant aspect that fuels this industry’s excitement is esports betting. With each new event, thousands of people place wagers on players, teams, and the intricacies of the competition itself.

Long ago, esports betting was an unfamiliar idea, accounting for only half of the industry’s earnings today. In this tutorial, we’ll explain the ins and outs of esports betting: from placing your first wager to identifying top-notch betting platforms.

Can you bet on esports? Let’s find out.

Is Esports Betting Legal?

As an avid fan of esports, I’m often asked about the legality of placing bets on these exciting games. The answer isn’t straightforward, though. It depends on your location around the globe. In certain parts of the world, betting is outright illegal, so naturally, esports betting would be off-limits as well. However, in most places where gambling is permitted, esports betting is just another aspect of that activity. Therefore, yes, it’s legal for me, and for you, to place bets on esports games, provided we’re in the right jurisdiction.

Is Esports Betting Legal in the United Kingdom?

In the UK, esports betting is not only lawful but also attracts a large following. The most favored esport game among bettors is none other than Call of Duty.

Is Esports Betting Legal in the US?

In the USA, esports betting is completely lawful in just a few places: Nevada, New Jersey, Tennessee, and West Virginia. This list continues to grow as additional states adopt the idea of legalizing esports wagers.

Esports is gaining wider acceptance in the world every day. With approximately 450 million fans globally, its popularity continues to grow. A significant development is the announcement of the Olympic Esports Games by the International Olympic Committee, opening up a new possibility for legitimate esports betting enthusiasts.

How to Bet on Esports

Esports Betting Guide | Can You Bet on Esports?

Placing a bet on the top-tier esports odds has never been more straightforward. All you need to do is find your preferred esports betting platform, make your way to the esports category, and start wagering. Esports betting shares similarities with traditional sports betting; therefore, the process is just as simple. Many esports betting markets are identical to those in football or basketball betting.

To that end, here are some of the best esports betting sites to get you started:

  • Thunderpick
  • Bet 365
  • GG.BET
  • LOOT.BET
  • Betway

Generally speaking, you can place bets on esports through the same websites you usually use for regular sports betting. Esports has become another profitable niche for these sites, and they’ve been successful in capturing a significant share of the market – esports betting is extremely popular.

Related: What Are The Best Esports Games?

Tips for Esports Betting

If you’re an experienced sports bettor, transitioning to esports wagering should be smooth for you. However, here are some valuable suggestions to enhance your chances of winning.

  1. Study Your Markets – Make sure you understand the markets you’re playing, and more importantly, that you know how to read the esports odds.
  2. Know Your Game – It’s almost pointless betting on an esports game that you don’t understand. You wouldn’t take part in Counter-Strike betting if you didn’t know the first thing about the game, would you? It’s a solid tip to learn about the game you’re betting on.
  3. Understand Your Budget – As with sports betting, making sure that you control your budget when betting on esports is vital.
  4. Only Use Trusted Sites – Some esports betting sites take advantage of the freshness of the vertical to entrap unaware players – make sure you’re only using a reputable, trusted esports betting site.
  5. Take Advantage of Bonuses – Almost every esports betting site offers betting bonuses and promotions – make sure you’re soaking these up to maximise your profits.

Now that you know the inner workings of esports betting, are you going to place some wagers?

Related: Which Esports Make The Most Money?

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2024-07-25 08:18