Don’t Drink and Bet

Casinos offer alcohol for a reason. Avoid at all cost betting under the influence whether you are in a casino or playing online. Alcohol is not your friend when it comes to betting. Chances are you are giving up your competitive advantage by reaching out for the glass of whatever alcoholic beverage you have picked. You need to make sure that your brain is fully functioning as you are spending your own money.

Behavioral Finance Or Don’t Get Emotional

If you are betting on your favorite eSports team and your eSports team is losing, you might easily get upset twice. First, for losing your money and second for your team losing. Therefore, make your bets based on analysis and statistics, not emotions and favoritism. Behavioral finance is a science which studies human financial behavior and decisions under various circumstances. A lot of times that behavior is irrational. Be rational. Be smart. Be wise. Don’t get emotional!

Overview of eSports Bets and Wagers

To foster some basic understanding, herewith we present in a concise manner the most common types of eSports bets and wagers at place. Admittedly, the simplest and most well-known bet type is money lines. Individuals place a wager contingent on personal preferences about competitors and based on calculations for probable chances of a return on their investment. The final decision is more or less swayed by the odds for a win associated with any of the parties involved as they dictate the amount of money to be gained back.

Evidently, higher odds are accompanied by higher risk and hence greater return on the wager made. For instance, let’s say you favor and thereby put $1 of your money on Team Liquid to win against Team OG with odds 1.20 versus 2.30. The best case scenario, you could win $1.20 on your $1 bet which is less than if the same amount of money was rather wagered on Team OG – $2.30 on your $1 bet. The clarification offered leads us to the next type of eSports bets – handicap betting. Handicap betting exists when one of both competitors is heavily promoted to outperform its opponent. In such cases, it is common to observe odds such as e.g. 1.20 versus 6.30. Based on the latest example, if you make a bet on Team OG to win against Team Liquid you stand to win 6.30 on your $1 bet. Surely, there are more complex variations of the handicap betting at play that offer greater benefits in terms of return on the investment.

In addition, another type of eSports bets is betting on totals. Individuals are presented with the opportunity to make a wager on a certain start of the game such as total rounds and maps played as well as total kills recorded and points achieved. Finally, proposition bets allow individuals to make bets on all sorts of obscure parts of a certain game. For instance, the number of kills a particular player will get throughout a game or whether the game will stretch beyond the time range of 40 minutes.

Create a few eSports betting accounts

Create a few eSports betting accounts to make sure you are betting on the best offerings on the games you would like to place your bets. Check out the recommended bookers we suggest. They all offer free registration and a variety of payments methods.

It is exciting to place your bets on a team you enjoy watching and win! Hope you enjoyed reading our eSports betting strategies! Good luck!