Your Guide On How eSports Betting Works
Are you a newbie or veteran in eSports betting? Don’t worry. eSports betting is not different from any other types of betting, but of course you’re betting on electronic video game competitions. As a player, you simply choose the event or game you want to bet on with the provided odds, deposit the amount and wait for the outcome of the event. However, if you want to win, there some things you must learn. Here are some tips on eSports betting.
1. Know the betting odds
If you have no knowledge and experience of eSports betting, it may seem too intimidating and daunting. You must have a strong understanding of the odds that are associated with gambling. This can be very confusing if you are new to eSports betting and the fact that there are a variety of systems out there only adds more confusion. Make sure you understand how decimal odds, fractional odds and American odds work before you deposit your money.
2. Understand the types of bets
There are dozens of different bets available, all of which try to add an extra variable. This helps you to spread your money around a little to circumvent your bets and achieve the most out of the game or event you are gambling on. You can choose the match bet, outright bet, accumulator bets, handicap bets and special bets, depending on the outcome you want.
3. Understand bookmaker margins
Normally, bookmakers want to make profit out of an event or game that they are offering you. They do this by calculating the total odds offered on a game or event in a manner that gives them a favorable margin on the total market. However, the margin can differ and it is always easier to beat a bookmaker with a small margin. So, it is important to calculate various margins of bookmakers to know exactly the amount of “rake” you are dealing with.
4. Know the players / teams
One of the most important aspects of eSports betting is becoming well informed about the team before you make your bet. You must know the form of each player / team and the past matches between the players / team in any tournament. Learn the weaknesses and strengths of each player / team.
5. Learn the basic strategies
To succeed as a profitable gambler, you must understand and do proper bankroll management on the sport you are gambling on, but essentially the most important aspect is the betting strategy. Get the important updates to the game in question to get an edge over the event. In fact, if you get the right information before the event, you will have a good chance of making more money on your bets.
6. Bankroll management
If you want to be a serious gambler on eSports betting, you must consider sizing your bets in a manner that you can afford to lose some bets. If you have smaller income, you should make smaller bets in contrast to your total amount. This will give you the privilege of unlucky bets on a couple of matches / events without draining your account.
7. Keep track of your results
If you keep track of your eSports betting history, you will learn from the mistakes and continue to push on the opportunities that you have in the past. This information will create a good value for your money in the future.