eSports Betting in 2020 – Important Things to Know

Without a doubt, if you’ve been into eSports for a while, the thought of getting into eSports betting has crossed your mind. It’s one of the activities that could lead to you winning some additional money, which is welcomed when you need to start saving. But before you bet on eSports, there are a few things to take into consideration. You need to know enough about the games, the tournaments, and the eSports industry in general.

Well, to help you with that, we collected some useful information for you, which will be presented below. Let’s get started!

The eSports Betting Market – Money and Bettors

Although eSports have been in constant development over the years, it was only after 2010 that they gained more traction. With them, eSport bets have become more of a thing as well.

That being said, there are more than 145 million people all over the world into eSports. Not all of them are into bets, but there are surely more than 1 million people into eSport betting, which is a big number when you think about it.

In 2017, it’s safe to say that more than a half-billion dollars were spent on bets in the entire world. So, during the following years, you can expect more cash to be spent by people betting on games, as the number of fans grows with each passing year.

Where is ESports Betting Most Popular

It’s not sure which region of the world has the most eSports betting enthusiasts. But we can make an estimation based on the regional participation at the big tournaments that take place every year.

Asia might be on top when it comes to these bets, and eSports betting USA is a very close second. Europe is the third region, and then the rest of the world is in fourth place.

Types of Bets You Can Make

If you’ve had any contact with betting before, you might be aware of the fact that there are various types of bets. In other words, betting is not limited to your typical “who wins the match” bet. You have multiple options. Of course, you can still bet on the match winner too.

At the same time, you have the tournament winner option, where you’re trying to predict who will win the actual professional eSports tournament. Another popular type of bet is the “first map” type. It involves you betting on who you think will win the first map. Another type is the “over/under bet” one. This type of bet will require you to decide if a certain team will have a score above or below a certain number.

What to Avoid when Betting on eSports

There are things to avoid when trying to make a sportsbet because you don’t want to end up losing big amounts of cash. Here is a list of things to not do while betting on eSports:

As tempted as you might be to go forward with bets until you win, it’s best to avoid this unless you want to see your savings going down the drain. Only use the amount of cash you are prepared to lose, the one that will not affect your life quality. If you keep losing, take a break and return when you have the money to keep going.

It’s very difficult not to bet on your favorite teams in eSports. However, you have to understand that sometimes it can be very risky. Especially in BO1 matches, things can be very unpredictable, so you may bet on the team only to watch it lose. You don’t want that, do you?

Now and then, a lesser-known team might join a tournament. If the team is facing a top team, you may be quick to jump to conclusions and say that they have no chance against the professionals. But you shouldn’t be so fast to judge – they might surprise you. If you don’t want to have the shock of your life and lose money on top of that too, make a rational decision with your betting.

Final Thoughts

There’s a lot of fun in eSports bets, but that fun may be lost if you barely have any success with your betting ventures. To win, it’s more than important to have knowledge about eSports and eSports betting – so hopefully, this article will be helpful in this regard. The information and tips we’ve presented might help you win more bets and avoid any issues.