A beginner’s guide to esports betting: how to place your first bet
Esports has exploded in recent years, drawing millions of fans who not only watch but also engage with their favourite teams and players. Betting on esports has become a natural extension of this engagement, offering a whole new way to experience the excitement. Whether you’re already familiar with games like League of Legends, Dota 2, or CS, or you’re just getting into the scene, esports betting gives you the chance to add some extra thrills to the action. This guide is here to help you, especially if you’re a beginner, to make your first bet with confidence and avoid common pitfalls.
Introduction to esports betting
Esports, short for electronic sports, is a world where video game competitions become professional spectator events. From strategy games like League of Legends to high-octane shooters like CS, players compete at the highest level, and fans can place bets on match outcomes or even in-game events. Esports betting isn’t just about luck; it’s about using knowledge of the games and the teams to make informed bets.
Betting on esports is fast-paced, unpredictable, and incredibly exciting. A single moment can turn a match on its head, and that unpredictability is what makes it so engaging. This article will help you navigate the basics, so you can dive into this thrilling world with confidence.
Understanding esports betting
What is esports betting?
Simply put, esports betting allows you to wager on the outcome of video game competitions, much like betting on traditional sports. However, esports also offer a wide range of additional bets beyond just “who will win?” You can bet on things like which team will achieve the first objective, or which player will have the most kills.
Popular esports games for betting
Here are a few of the biggest games in esports betting:
- League of Legends (LoL): This is a team-based strategy game where the goal is to destroy the opponent’s base.
- Dota 2: Known for being a complex, high-skill game, Dota 2 has one of the largest followings in the esports scene.
- CS:GO: A tactical first-person shooter where strategy and precision are key. Teams compete to complete objectives or eliminate the other side.
Each game has its own unique style, and understanding the gameplay is crucial to making informed bets.
Types of bets you can place
When betting on esports, you have several options:
- Match Winner: The simplest bet—just predict which team will win.
- Prop Bets: These are bets on specific events in the game, like which team gets the first kill or which player performs best.
- Outright Bets: Bet on who will win the entire tournament or league.
Benefits of betting on esports
The thrill of the game
Betting on esports adds another layer of excitement to watching the matches. You’re not just passively observing—you’re now actively involved in the outcome. Whether you’re cheering for your favourite team or watching to see if your prediction comes true, the engagement is intense.
Potential for profit
Like any form of betting, esports betting can be profitable if you understand the odds and do your research. The more informed you are, the better your chances of making a profit. It’s important to remember that betting is a mix of skill and luck, and learning how to read the odds is key.
Joining a vibrant community
One of the best parts of esports betting is the community. There are thousands of fans who love to discuss strategies, share insights, and offer tips on upcoming games. Being part of this community will not only enhance your betting skills but also deepen your love for the games themselves.
Choosing the right betting site
Factors to consider
When picking an esports betting site, you’ll want to look out for:
- Licensing and Regulation: Only bet on sites that are licensed by reputable bodies like the UK Gambling Commission. This ensures you’re betting safely and securely.
- Reputation: Read reviews, check user feedback, and make sure the site has a solid reputation for fairness and payouts.
- User Experience: A good betting site should be easy to navigate, mobile-friendly, and have responsive customer support.
Popular esports betting sites in the UK
Some top sites for esports betting in the UK include Bet365, Betway, and Unikrn. Each offers a wide range of betting options, competitive odds, and generous bonuses.
How to create an account
Signing up is easy:
- Visit the betting site of your choice.
- Click on “Sign Up” or “Register.”
- Fill in your personal details and create an account.
- Verify your account (you may need to provide ID).
- Deposit money into your account and you’re ready to start betting.
Understanding bonuses and promotions
Types of bonuses available
Most betting sites offer new customers bonuses to encourage them to sign up. Common bonuses include:
- Welcome Bonuses: These usually match a percentage of your first deposit.
- Free Bets: You can place a bet without risking your own money, though these often come with conditions.
How to claim these offers
To claim bonuses, you’ll typically need to either opt-in or enter a promo code when you sign up. Be sure to read the terms and conditions, as there are often wagering requirements.
Promotions for UK bettors
UK bettors can find many promotions tailored to them, such as boosted odds on big events or cashback if your bet loses. Keep an eye on these offers to maximise your betting experience.
Making your first bet
Step-by-step guide to placing your bet
- Log in to your account.
- Go to the esports section and select a game.
- Choose the match or event you want to bet on.
- Select your bet type (e.g., match winner).
- Enter your stake and place your bet.
Choosing the right game and market
If you’re just starting out, bet on a game you’re already familiar with. This will give you a better sense of how the game works, which teams are strong, and how to spot potential value in the odds.
Tips for setting a budget and managing your bankroll
Never bet more than you can afford to lose. Set a budget for your betting activities and stick to it, even if you’re on a winning streak. A portion of your winnings should go back into your bankroll to keep you betting responsibly.
Tips for maximising your winnings
Researching teams and players
Knowledge is power. Do your homework by researching teams and players. Websites like Liquipedia and HLTV provide stats and match histories to help guide your decisions.
Understanding betting odds
Odds show you how likely a particular outcome is and determine how much you’ll win. Whether you’re betting with fractional odds or decimal odds, understanding how they work is crucial for making informed decisions.
Strategies for betting smart
One common strategy is value betting—finding opportunities where the odds underestimate a team’s chances of winning. Another tactic is hedging, where you bet on multiple outcomes to reduce potential losses.
Common mistakes to avoid
Chasing losses
Everyone has a losing bet now and then, but it’s important not to try and “win back” your losses by placing bigger, riskier bets. Stick to your strategy and stay disciplined.
Betting on emotions vs. logic
Don’t bet with your heart; bet with your head. Focus on the statistics and facts, not just who you want to win.
Ignoring responsible gambling
Betting should always be fun, not stressful. Set clear limits on how much time and money you spend betting. If you feel like things are getting out of hand, seek help.
Engaging with the esports community
Joining forums and social media groups
There are countless communities dedicated to esports betting. Reddit’s r/esports, for example, is a great place to start. You’ll find plenty of discussions and insights into upcoming matches and betting opportunities.
Following esports analysts and streamers
Streamers and analysts often provide expert insights into the games they follow, which can help you make more informed bets. Platforms like Twitch and YouTube are great for keeping up with these voices.
Participating in discussions
Active participation in the community will not only improve your knowledge but also keep you up to date with the latest news and developments in the esports scene.
Esports betting is a fantastic way to engage with your favourite games and teams. By following the tips outlined in this guide, you’ll be ready to place your first bet with confidence. Remember to stay informed, bet responsibly, and enjoy the thrill of being part of this dynamic community. Explore esports betting today and see why so many fans are hooked!
Frequently asked questions (FAQs)
What is esports betting?
It’s the act of placing bets on the outcomes of professional video game competitions.
Which esports games are best for betting?
Some of the most popular games for betting are League of Legends, Dota 2, CS, and Overwatch.
How do I choose a betting site?
Look for sites with proper licences, good user reviews, and a wide range of betting options.
What types of bets can I place?
You can bet on match winners, specific in-game events (prop bets), or even the overall winner of a tournament.
Can I make money betting on esports?
Yes, but it requires a good understanding of the odds and the games. Betting smartly and doing your research can help increase your chances.
How do I claim bonuses on betting sites?
Most sites offer bonuses for new users. To claim them, follow the instructions provided during the sign-up process, such as entering a promo code.
Is esports betting legal in the UK?
Yes, as long as you bet with a site licensed by the UK Gambling Commission.
What is value betting?
Value betting is a strategy where you place bets on outcomes that you believe have a higher chance of happening than the odds suggest. In other words, you’re looking for bets where the bookmaker has underestimated the likelihood of an event, giving you a better chance of profit.
How do I research teams and players for esports betting?
To research teams and players effectively, use dedicated esports platforms like Liquipedia, HLTV, and GosuGamers. These sites offer statistics, match histories, and in-depth analyses of recent performances. Keeping up with social media channels and watching tournament streams also helps you stay informed.
What are some common mistakes to avoid when betting on esports?
Some common mistakes include betting with your emotions rather than logic, chasing losses after a bad bet, and neglecting to set a clear budget. Another key mistake is failing to research and fully understand the teams, players, or games you’re betting on, which can lead to uninformed decisions.
