Esport has gradually become one of the most coveted disciplines with more than 200 million fans worldwide. The economic stakes are therefore considerable to make enough money in this industry. Bookmakers have understood this and do not hesitate to offer bets on various virtual game competitions.
It is now possible to bet on a league of legends team to win and make big money if they do. However, many people think that it is difficult to defy the bookmakers and win a lot of money by betting. This is not true if you decide to invest in betting for the long term. This guide shows you how much you can get with e-sport betting.
First, it is important to clarify a very important detail: e-sport betting does not produce millionaires galore. In other words, pocketed winnings do not mean a new life of luxury with accumulation of villas and cars.
While it is possible to make money betting on e-sports, the main difficulty remains determining an exact amount. Like sports betting, there are caps imposed by each bookmaker. These ceilings vary according to the odds and the bonuses offered.
Understanding the odds in e-sports betting is an advantage for one who wants to maximise their chances of winning. In e-sports, the odds are expressed as a fraction or decimal number.
Such an exercise in understanding requires a great deal of thought with regard to probability calculations. The competition is such that there are people who spend more than 8 hours a day determining the best odds on each bet. Although the term 'best odds' is relative, it all relies on your analysis of the matches. For example, a €100 bet on odds of 5.00 on a winning team results in a profit of €500.
On the other hand, you can get high odds by betting from the right platform. This simply means that your choice of bookmaker is decisive in the value of a bet. So do some research to find out which sites offer the best odds to place winning bets. There are a number of leading bookmakers in this regard.
If the analysis of the odds is essential to hit the jackpot, the analysis of the games that esports encompass is even more so. Indeed, the value of the odds can be inflated depending on the status of the competitions. In other words, there are games where bets pay out more. These are essentially the following video games:
This list is of course not exhaustive and also takes into account other types of games such as card games.
Depending on the legislation for each country, there is a policy that forces bookmakers to impose a deposit limit on each e-sport bet. As a result, the punter is unable to place or withdraw large sums of money. The restrictive policy may extend to other fields of application (commissions, state levies, etc.).
In other words, it works like a tax system where the bookmaker only pays a part of the amount to the winner. For example, a bookmaker may pay €85 instead of €100 to a punter.
Bonus offers allow you to boost your winnings and walk away with big bucks. They are usually offered to new customers of a platform and are obtained in different ways. This can be done through links, promo codes or by depositing funds into your wallet. Activating a bonus can entitle you to a sum that varies between 50 and 150 euros depending on the bookmaker you choose. My selection is here.
Unlike sports betting where the winnings are primarily monetary, the esport world awards other kinds of rewards. For seasoned competitors, it is impossible to walk away with at least €100,000 on a video game bet. On the other hand, winning real prizes or giveaways is an opportunity that is snapped up. Indeed, the best bettors are rewarded with various prizes every week. According to the official ranking, the following gifts are available:
The advantage here is that these lots are available on free bets. You can find them at several bookmakers but it won't make you rich. It is however a good start.
You don't need to be a professional tournament player or a gaming whiz to bet on esports. However, the rules for admission to betting share the same realities as a traditional bet. This includes the age restrictions found in the sports betting industry.
Specifically, the minimum age to become an e-sports bettor is 18. This rule applies in various European countries, including the UK. However, it is not possible to register winnings in the United States.
Now that you've ticked all the boxes in the guide, it's pretty obvious that betting in e-sports cannot be a permanent source of income. Only a long-term strategy can hit the jackpot.
Do you like it? 4.1/5 of 5 reviews
I hope your journey on this blog has been instructive, if you have any comments or questions, don't hesitate to send me an email:
Have you seen all my articles?
Thank you for reading
Contact and legal information
(c) 2024