Esports is a growing phenomenon that’s only going to get bigger in the coming years. This isn’t just speculation either—Esports has already become a billion-dollar industry. What does this mean for you? It means that there’s an ever-growing number of people who are looking to make money in esports betting Malaysia. And if you want to do well, you need to know what you’re doing. In this guide, we’ll walk you through everything you need to know about esports betting Malaysia, from the basics to more advanced strategies. So whether you’re a beginner or an experienced player, we have something for you.
What is Esports?
Esports, or electronic sports, refers to a wide range of video games that rely on organized competition. Participants compete in professional or amateur tournaments for rewards such as money, prestige, and hardware. The global esports market is expected to grow from $936 million in 2017 to $2.8 billion by 2020, according to market research firm Newzoo. Malaysia is becoming a hotspot for competitive gaming with dedicated esports arenas opening up in major cities including Kuala Lumpur and Johor Bahru.
Types of Esports
Esports betting Malaysia is a growing industry with various types of esports matches available to bet on esports. Traditional sports betting, such as football, hockey, basketball and baseball are all offered in some form or another across the globe. Esports betting has taken off in recent years as more people become interested in the fast-paced and exciting action that takes place within the games.
There are two main types of esports matches that bettors can wager on: ‘competitive’ and ‘ amateur’. Competitive matches pit teams of elite players against each other in contests designed to determine who is the best at their respective game. Amateur matches are generally between skilled amateurs who simply want to have fun playing together and see how they stack up against others.
The majority of esports matches take place online, although there are occasional events that take place in traditional venues such as stadiums or arenas. The biggest tournaments draw tens of thousands of spectators, with millions watching online.
Although there is a lot to learn about esports betting Malaysia, it is an increasingly popular way to gamble on sporting events. There are several reputable websites that offer comprehensive guides so that newbies can get started quickly and make some decent bets without any trouble.
Regulations for Esports Betting
Esports in Malaysia is still in its early stages, with only a handful of endemic tournaments and leagues. This has made it difficult for esports betting Malaysia operators to get a foothold in the market. However, recent regulatory changes have given them a leg up.
The first step for any esports betting Malaysia operator is to get a licence from the Malaysian Gaming Commission (MGC). The MGC has already granted licences to two domestic esports betting Malaysia operators, Unikrn and Mybettingcity. These companies will offer Betting and Gaming Services (BGS) under the jurisdiction of the MGC’s Lotteries & Gambling Division (LGD).
Esports betting Malaysia regulations currently apply only to online bets that are placed on professional games played by professional players. These games must be featured in one of the following international leagues or tournaments: League of Legends World Championship; Counter-Strike Global Offensive Major Championships; Dota 2 International Champions Cup; Starcraft II World Championship Finals; Heroes of the Storm Global Championship Finals; StarCraft II Premier League (SC2PL); Overwatch League Grand Finals; and Mortal Kombat X Premier Tournament. However, as this is an evolving space, future regulation may also extend to include other genres such as Hearthstone or Rocket League.
In order to place an esports bet, customers must open an account with either one of the aforementioned providers and fund it using local credit/debit cards or Neteller/Skrill accounts. Once they have funded their account, customers
How to Bet on esports?
The biggest and most popular esports titles are League of Legends, Dota 2, and Counter-Strike. Knowing which game to bet on can be tricky for outsiders. So how do you go about betting on esports?
The easiest way to bet on esports is to follow the match outcomes. This can be done by bookmarking websites that provide live streaming information of all games in a particular tournament or league. Alternatively, you could simply use online betting platforms that allow you to place bets on any game result.
When it comes to choosing a betting platform, there are a few things you need to take into account. Firstly, the platform should have good liquidity and be able to process large bets quickly. Secondly, make sure the platform has user reviews and has been tested before your use it for gambling purposes.
One important thing to bear in mind when placing bets is that esports matches can often be unpredictable and fast-paced. So it’s important not only to know what games you’re betting on but also how to bet effectively on them.
There are a few different play styles for each game type, so it’s important to familiarize yourself with these before placing any bets. For example, in League of Legends, aggressive playing styles usually favour bettors who try Prediction Games (aka “Picks & Bans”), while more passive styles often lead to higher moneylines for Tilt Players (aka “Heals & Curses”).
So, as with any form of gambling, it’s important to be aware of the risks involved and to take appropriate precautions (such as not using money you can’t afford to lose). However, with a little preparation and research, betting on esports can be an enjoyable and lucrative experience.
If you’re a newbie when it comes to esports and betting, this guide is for you. In this article, we will be discussing the different types of esports bets that are available, as well as some of the most popular ones. We will also give you tips on how to get started in the world of esports betting Malaysia and which platforms are best suited for your needs. So whether you’re looking to make some extra cash or just have some fun while betting on your favourite games, read on!