Variety & Popularity of Esports Betting GamesBy Angelica Malin
eSports is a rapidly growing industry. It’s projected to generate $1.5 billion in revenue by 2020, which is more than double the amount it earned in 2018. In fact, according to Newzoo, there were over 2.9 billion eSports viewers in 2018—and that was before the value of many other games increased! But what exactly is eSports betting? And how can you get started? Let’s take a look at some of the most popular games and betting options on offer so you can decide if they’re right for you:
Betting options in eSports
Betting on eSports is a relatively new phenomenon, and as such, there are still a lot of questions surrounding it. If you’re thinking about betting on eSports, here are some things that you should consider:
- How do I bet? There are many different ways to place wagers. You can use an online sportsbook or casino, which will provide you with a list of available games and odds for each match. Other sites allow users to create their own bets using virtual currency (known as skins).
- What types of bets are available? The most common types include prop bets (for example: “Who will win?” or “Which team will score first”), moneyline bets (which predict whether one team will win), parlays (in which multiple events must occur for any payout), teasers/pushes (whereby one team receives points from another team’s score), futures bets (which predict which teams will reach certain stages during tournaments) and more!
Betting on the outcome of a match
Match is the most basic unit of esports betting sites. A match is a competition between two teams or players, either in a one-on-one or team format, played on a specific date and time. Each match will have its own odds based on its outcome and market conditions at the time it begins.
A game is a single instance within an esports tournament series where players compete against each other for victory until only one remains standing as victor (or team). Games are typically played across multiple rounds until only two teams remain before moving onto playoffs where they’ll play against each other for bragging rights and prizes!
Tournaments refer to events where teams can sign up online or offline just like any other sporting event but instead of being held over just one day they may last anywhere from days to weeks depending on how long organizers want them to run before crowning champions at their conclusion!
Betting types in eSports
There are several different betting types in eSports. The most common are over/under bets, moneyline bets, spread betting and parlay betting.
Over/Under Bets: An Over/Under bet is when you wager on whether or not a specific team will win by more than a certain number of points (over) or less than that number (under). For example, if you think Team A will beat Team B by 5 points then you would place an Over 5 bet on Team A. If you think Team A will lose by 2 points then you would place an Under 2 bet on Team B.
Moneyline Bets: Moneyline bets are similar to traditional sports wagering but with some key differences; firstly there is no point spread involved so all team’s odds are simply listed as -110 or -120 etc., secondly every outcome has its own unique payout which can be calculated using simple maths based upon the amount being wagered and how much profit each potential outcome would bring in relation to its price tag; finally this type offers great value because it doesn’t require any knowledge about teams’ strength relative compared against one another like many other forms do (e..g., spreads)
What is esports?
Esports is a form of competition using video games. Players compete in the game for their team or can compete as individuals.
Esports tournaments often take place online with players competing from all over the world. The most common types of esports games are real-time strategy (RTS), first-person shooter (FPS), fighting, sports, and MOBAs (Multiplayer Online Battle Arena).
eSports betting odds
Esports betting odds are the most common way to bet on esports. They’re also referred to as “odds” or “betting lines”, and they have a few different types:
- Single Match Odds – These are just like normal sports betting lines, where you can bet on who will win a match or tournament. You might see something like “Team A vs Team B with 2-1 odds.” This means that if you bet $100 on Team A, you’ll win $200 if they win; but if you bet $100 on Team B instead and they end up winning instead (with 2-1), then your total payout would only be $50 because losing bets pay out half as much as winning ones do! The more popular games tend to have higher single-match odds (like CSGO) while less popular games tend to have lower ones (like Rocket League).
- Tournament Betting – Some tournaments have their own set of odds which may differ from those listed above under single matches; these usually involve all teams playing each other at once rather than being separated into brackets beforehand–which means there’s less room for upsets since everyone has equal opportunity throughout!
Where to bet on eSports?
If you’re wondering where to bet on eSports, look no further. The following are some of the best eSports betting sites in 2023:
- Betway – One of the largest online bookmakers in Europe, Betway offers excellent odds and a wide selection of games to bet on. They also have a mobile app that allows users to place wagers from their phones.
- Pinnacle Sports – This site has been around since 1999 but only recently branched into eSports betting. Their unique approach allows customers to place wagers at any time during matches or tournaments, making it especially convenient for those who want flexibility when placing bets on their favorite teams or players.
- Nitrogen Sports – This site offers a wide variety of markets for popular esports titles like League of Legends as well as lesser-known titles such as Overwatch Contenders Season 1 & 2 (OWC). They also provide live streaming services so fans can watch games while placing wagers!
As you can see, there are many different types of eSports betting options and many suitable betting websites. With so many choices, it can be hard to know where to start. If you’re new to this genre of sports betting, we recommend starting with what feels most comfortable for you: either placing a wager on the outcome of a match or predicting its winner outright (or both). Once you get more comfortable with those types of bets, then perhaps try some others!