The history of esports betting is probably as old as the first esports tournament, which dates back to 1972 when Stanford students competed on Spacewar. At the time, such competitions were not watched offline by thousands somewhere in a large arena and certainly were not broadcast live on Twitch and other video streaming platforms. The bookies were just guys chosen by other game fans, not online bookies we’re used to these days. However, in just a few decades, esport betting has evolved into a full-fledged industry, with countless esport online betting sites, regulatory authorities and a large army of greedy gamblers.
Online esports bets can seem like a very risky business where you rely on pure luck and the odds are always against you. However, it is a losing state of mind, and despite the common stereotypes associated with gambling, it takes much more than a mere hunch to win. To win money on esports bets, you need a pinch of luck, a little courage, and a lot of common sense and skill. Also, taking some sport betting tips can get you started on the right foot. Check out EGB’s tips for newcomers. Even long-time players will find some of them very useful!
How to win money betting on electronic Sports: sports betting tips
1. Take your time doing research, and never stop
The importance of this first step cannot be overestimated. It’s always a good idea to place bets only on games that you know yourself how to play and not be wasted on all kinds of popular games and sports out there. Instead, choose a game or two, learn the history of the most popular teams. You can follow one or two teams to always stay informed of what is happening in major competitions and in the industry in general.
One of the things you need to be aware of when doing your research is that it is better to rely on numbers and facts than on someone else’s biased opinion. Sometimes comments about the odds of one team or player against another are paid off, and displayed to misdirect the esports bettors and orient the odds in a certain direction. Not to mention the fact that this view might simply be wrong.
2. Choose a credible betting platform
Once you have done enough research, you might be very excited to place your first bet on esports. Making a deposit on the first paris esports site you visit is a bad idea. Make some purchases around first, check their licenses, watch the reviews, check out the welcome bonuses and other promotions they offer. And take your time reading the fine print-the terms and conditions section. Pay particular attention to the list of countries subject to restrictions and exit policies. This process takes some time, but making sure you have chosen one of the best and safest eSports betting sites could save you a lot of headaches and money.
3. Watch out for long odds
You might be tempted to place a bet on the team with the longest chances, simply because you think, Well, it’s a video game, all teams basically have equal chances, so why not bet on a team that would bring me the most profit? However, taking your chances with long odds is a good idea if you have enough experience, both in the game and betting, to make a winner despite all the facts (and odds) say otherwise. Otherwise, you let your money slip into the other gamblers ‘ pockets.