Here’s What You Need to Know Before You Place Your Bets

Japan to open first esports school in 2022 iVanoff Here’s What You Need to Know Before You Place Your Bets

As the popularity of esports has skyrocketed over the past ten years, transforming competitive video gaming into a worldwide sensation, the number of individuals who engage in wagering on esports has also increased significantly.

Choose the right platform for esports betting

When searching for a suitable platform for esports wagering, it is essential to consider several factors. First and foremost, ensure that the platform covers a diverse range of games to avoid disappointment. Additionally, check if the operator offers markets on various tournaments to enhance your options.

Create an account on the chosen platform.

Once you have identified a reliable platform for your esports bets, creating an account is next. For instance, if you have selected as your preferred provider, it is advisable to consult a guide on how to sign in to correctly to minimize errors. Remember that being well-informed is crucial for successful wagering.

Provide your personal information for verification purposes.

Choose a username and password for your account. Select a valid and secure payment method. Make your initial deposit. Claim and utilize any welcome bonuses. The last point is particularly noteworthy. Operators vie for customers by offering enticing welcome bonuses to new users. Keep an eye out for exclusive esports betting bonuses, as they can boost your initial wagering experience.

Familiarize yourself with the games.

Being well-informed involves having a comprehensive understanding of the esports games you intend to bet on. Just as you wouldn’t expect to bet successfully on a cricket match without prior knowledge of the sport, the same applies to esports betting. Familiarize yourself with all aspects of the games.

You are already at an advantage if you have played the games you plan to bet on. Additionally, staying updated with the latest news about the games and the participating teams can further enhance your preparedness. No information is too insignificant when it comes to gaining an edge.

Learn about the various wager types available for esports

You can place many wager types on esports events, which may be familiar to you if you have prior experience in sports betting. In addition to placing a wide range of esports bets, you can also engage in in-play betting. This form of betting, also known as live betting, requires you to watch a live stream of the game you are betting on.

One of the most straightforward bet types for esports contests is the match-winner wager, where you back one team to triumph over another in direct competition. Calculating probabilities from the odds is easy in this scenario since only two teams are involved.

For example, consider a Counter-Strike: Global Offensive (CSGO) match between Grayhound and Liquid. Grayhound has odds of 3.53, while Liquid is priced at 1.32. To place this bet, follow these steps:

  • Select the bet type, such as “match winner” or its equivalent.
  • Determine your stake and review the odds.
  • Click “Place Bet” or its counterpart.

As you gain more experience, you can expand your repertoire of bet types. You can combine multiple match-winner bets into an accumulator, where the odds are combined, but all your selections must be successful. Handicap betting, which is available for specific esports tournaments, allows you to choose a winner while taking a handicap into account for the final score. Another popular wager type is the outright bet, where you attempt to predict the tournament winner accurately.

Final thoughts

Esports have gained immense popularity in recent times. As with any form of sports betting, knowledge is the key to success. By familiarizing yourself with the games and available bet types and selecting the right platform, you position yourself powerfully for a rewarding betting experience!

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