E-sports or electronic sports is a term for organized multiplayer video game competitions, especially between professional players. The e-sport has seen a rise in popularity and betting on it has become one of the most popular activities among people all over the world. If you are wondering how to bet on esport then this article will help you to understand how it works and what benefits you can get from it.
E-sports is a huge industry that’s worth billions of dollars. It’s expected to grow exponentially in the coming years as more people get involved in playing and watching e-sports events. In fact, there are already more than 1 billion people across the globe who watch e-sports events live or via streaming services.
An Introduction To E-Sport
E-sport betting is a great way to make money from your hobby if you know how to do it right. The good news is that there are hundreds of sites out there that allow you to bet on esport and earn real money for doing so. However, not all platforms offer fair odds or payouts so it’s important that you do some research before choosing one over another.
There are many different types of e-sport competitions available including:
- Counter-Strike: Global Offensive (CS:GO)
- Dota 2
- League of Legends (LoL)
- Hearthstone: Heroes of Warcraft (HHS)
- Starcraft II (SC2)
- Heroes of Newerth (HoN)
How To Start Betting On Esports
First things first: you need some money! You can use fiat (USD) or cryptocurrency (Bitcoin) to place bet on esport matches online through websites.
If you don’t have any cryptocurrency yet then you can buy Bitcoin from an exchange such as Coinbase or Gemini which accepts credit cards or PayPal payments for buying Bitcoins online instantly without any verification requirements needed before purchasing them via wire transfer or debit card transactions within 48 hours after submitting payment details once your account has been verified within 24 hours after registering with them via email address verification process.
How To Use Crypto For Betting On E-Sports
With the use of crypto, you can bet on esport. E-sport is a great outlet for people who are passionate about sports and like to watch it on the internet. It’s a new kind of sport that has become very popular in recent times because it’s available online and anyone can participate in the game.
How Cryptocurrency Can Benefit Your Betting On Esports
It’s important to know how to use cryptocurrency for betting on eSport if you want to be successful at it. Bitcoin is one example of cryptocurrency that is used for betting on esport games, but there are many more available for purchase through websites like CoinBase or BitPanda. Using these sites will give you access to other cryptocurrencies such as Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Monero (XMR) and more!
Anonymity And Flexibility
The advantage of crypto in esports betting is that it allows for more flexibility and anonymity. With cryptocurrencies, users can make transactions without having to provide their personal information. This means that there are no restrictions on where you can place your bets as well as how much you can bet.
Additionally, cryptocurrencies do not rely on a third-party service provider to process payments. Instead, they use blockchain technology to store transaction records securely and independently.
Transparent Digital Currency
Transactions using cryptocurrencies are also transparent because they are open source and publicly available. This means that users can easily audit them at any time by checking the blockchain explorer website or by viewing the transaction history online.
Speed Of Payment Processing
Another benefit of using crypto in esports betting is speed and efficiency of payment processing. Since cryptocurrency transactions do not go through a third-party service provider, there are no delays when it comes to processing payments or verifying transactions through exchanges or banks.
Furthermore, since there are no charges associated with cryptocurrency transactions, there is no minimum amount required to place bet on esport as well as no chargeback fees or refunds if a bet loses money due to an incorrect outcome or technical error during a match.
Betting Options At Sportsbooks Explained
When you go to a sportsbook, you will see that there are different types of betting options. You can choose from the following:
: You place your bet on esport and then wait for the outcome of the game. The result is determined by which team wins (or loses) and by how much points they score in relation to their opponent’s score.
: This type of betting allows you to place bets during a live game. For example, if your favourite team is winning 2-0 at halftime, but they are expected to increase their lead after the second half begins, then you can place an in-play bet on them winning 3-0 or more by halftime.
: If there is no live stream available for a particular game, then this type of betting allows you to place bets while watching through a video stream provided by a bookmaker or some other website that streams matches live for free or for a small fee.
Keep Track Of Your Bets
One of the best things if you choose to bet on esport is that you can track your bets. If you’re a fan of a particular team, you’ll want to keep track of how they’re doing. You might also want to know how they’re doing against their competitors and archrivals.
This is where it’s important to have a record of your bets in case you want to go back and check the results. You can also use this information to inform future bets and make sure that you don’t bet on teams or players who haven’t been performing well lately
Go For Well-Known Teams
When you bet on esport, it’s important to know that there are a lot of teams to choose from. For example, if you want to bet on the CS:GO game, there are about 50 different teams that could be playing in this particular e-sports tournament. You can go for a well-known team but also look at the records of each team and see which one has won many games and also has a good coach.
These are just some of the tips, but if you follow them carefully and keep a close eye on your betting, you will win eventually. Remember to always check the odds before placing a bet and make sure that they are in your favor.