What you need to know about eSports betting

The popularity of eSports is rising with each passing day and that includes the interest among betting enthusiasts. Betting agencies are starting to keep an eye on this industry and all that it has to offer. With so much interest building up, it’s important to understand how eSports betting works and all that it entails.

This is what the world of eSports betting is all about and why it has managed to become a major talking point among betting enthusiasts. Anyone looking to have a bit of fun while making a wager should look into what eSports bring to the table.

How It Works

This is similar to betting on sports whether it’s football, basketball, baseball, or something else. There is a niche that’s going to cater to your needs and the same applies to eSports. Different genres and games have their own tournaments, which ensure there’s always a head to head battle going on where a wager can be made.

For example, let’s imagine there is a FIFA 19 tournament taking place in New York and it’s hosting some of the world’s finest FIFA gamers. These professionals are going to come and play in a bracket-style tournament that has a number of knockout rounds. These tournaments have specific rules and the betting industry uses them as a way to determine who is going to win and who is going to score more. You are able to bet on a variety of details depending on what you are betting on.

The most common bet is on who is going to win the game. This is something that is seen in various betting industries and the same applies here in the world of eSports. It’s all about understanding how it works and then moving forward with your own bets.

Ways to Bet

1) Real Money Betting

The idea behind real money betting is to focus on having a traditional “sports” layout. This method is used for most sports situations across the planet whether it’s boxing, football, or basketball. The idea is to put down real money and have set odds in place beforehand. You are paid based on those odds and which side you are on at the end of the competition. You are only going to get paid if you are right about the winner or outcome.

In this case, you are not only able to bet on the winner of a particular game but also a particular tournament (larger bets).

2) Social Betting

This is a common betting method that is being seen among eSports enthusiasts. The goal is to set up informal wagers that are going to be based on what’s happening between the gamers. The terms are set before the game.

3) Skin Betting

This is another type of eSports betting which is also termed as “item betting” in some circles. This is one of the more used betting methods among eSports enthusiasts. The premise of this method is to wager using in-game currencies. Most games are coming with virtual currencies that can be used to purchase in-game items and upgrades. As a result, gamers want to be able to get their hands on these currencies and build up their stash. While most gamers will go ahead and earn coins/points by playing the game, there are others that set up bets to get larger amounts at once.

This is a good way to not only see how an eSports content unfolds but also make money by making the right choice.

4) Challenge Betting

Challenge betting is a form of “head to head” betting that pits gamers against each other. This can be done with either built-in currencies or regular money. It is up to the gamers and what they want to do. Challenge betting means a person will put up money based on the outcome of the game. For example, they believe the game is going to go in their favor, so they will put in a bit of money. In the end, the winner gets to take home the pot for their effort.

A lot of eSports tournaments are run in this manner where everyone puts in money and the winner takes it all.

5) Fantasy Betting

The sports world has made billions through this industry and it is starting to pop up into the world of eSports too. The idea is similar to fantasy sports teams.

You are going to build a roster of gamers and earn “points” based on how they perform. This is going to vary depending on the game but is a long-term way to bet on a particular roster of gamers.

Finding The Right eSports Betting Site

If you are looking to bet online, it’s time to think about which direction to go in. A lot of confusion can arise because people are unsure about the legitimate options in this industry and that’s fair. It is one of those concerns people are going to have but it will not last for long. There are multiple eSports betting sites but there are some that stand out more than others like www.rivalry.gg.

What is the reason for backing these sites?

It has to do with a number of factors and one of the most important reasons being reliability. These are professional betting sites that have been around for a long time and are going to pay. They don’t withhold funds, have good customer service, and remain on top of things from day one.

Anyone that is looking to take out money after winning is going to be able to do so on these websites. With an industry that is as new as this, you have to look out for scammers that are trying to dupe you. Be smart, read into what you are doing, and make sure the betting is done in a safe spot. Otherwise, you are going to be on the wrong end of things and it will not be easy to get out of the mess.