HOW TO PLAY ESPORTS BET A PERSONAL VIEW OF ODDS AND market prices

Betting on sports betting is an easy process by 2023 when there are all leading betting sites providing betting on video games that are competitive. The best way to bet on sports is a question that we hear a lot, and this article will run you through the fundamental elements of online betting. This includes information about the games that esports players play, bookmakers who specialize in esports and sportsbooks. It also covers understanding odds as well as information about banking and payments. This beginner’s guide on betting on esports is designed for those who aren’t familiar with betting on the internet, and will give concise, straightforward instructions on betting on the esports.

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BEGINNERS GUIDE TO BETTING ON ESPORTS

Its team from eSportBet.com has identified a significant lack of eSports guides out on the World Wide Web which adequately provide the fundamentals of betting eSports. We wish for fans of eSports to be able bet actual money on their most loved team and players in a proper manner and safely. So if you’re new into online sports betting, or betting in general, read our guide: How you can bet on esports in order to gain a better understanding of odds and esports markets before you start placing bets on your favorite teams and games in eSports.

HOW TO BET ON ESPORTS

Betting on eSports is similar to betting on sporting events of the traditional kind.At site https://allbetsnews.net from Our Articles In eSports the most popular form of betting is match winner or match winner, also known as a Moneyline bet (Pinnacle) (also known as Head-to -Head (BetEasy), Straight (William Hill) and many other terms depending on the betting website you prefer or social networking sites. The idea is straightforward that you bet on the team you believe is going to win the match before deciding on the odds that will give you the best worth for your money.

Odds for betting are the probability of a certain outcome, in this case, the result of the favoured teams winning in eSports. The odds may be presented in different ways depending on where in the world you’re betting from. Since eSports involve international audiences, there are different odds formats utilized by betting websites to show betting odds: decimal, American (also called moneyline) and fractional. According to where in the world that you reside and the betting site you join with and which one you choose, you must know how they function before you start betting. Because of its simplicity the most used format by online betting websites is decimal odds, which is what we will use in our examples throughout this piece.

You must be over the age of 18 to join online sportsbooks and place bets on eSports. Sorry, kids it’s the law everywhere.

Basic Match Wins Betting on sports

Okay – so in our beginner’s example of the basic match-winner bet we’d like to make bets on Athletico or Team Immunity in an CS:GO game with Team Immunity winning. The first step is to breakdown the three main factors that every punter needs to consider before placing the bet.

In our example it’s in this way:

We choose to place an bet of $100 on Team Immunity to win.

The sportsbook calculates what we could profit from the bet, by multiplying our $100 stake by the odds they offer. To calculate it for yourself the formula is stake odds x stake = the expected profit. In this instance it’s 100x 2.50 equals 250. When Team Immunity wins, our reward is $250. This is a sum of our $100 bet, which is referred to as stake, as well as your entire profit, which is $150.

To calculate our total potential profit, simply subtract one from the odds. The formula shifts the stakes x (odds 1-1)) = actual profit. In this example it’s 100 x (2.50 (1)) which is 150.

The odds on betting offered by bookmakers indicate their implied chance of a team winning a game over another. The lower the odds, the probability is higher the team will win in the bookmaker/sportbook’s view. The higher the odds, the team has a lower probability of winning in the bookmaker/sportbook’s view.

In this specific example, we would win significantly more on Team Immunity at $2.50 than had we placed the same bet on Team Athletico at $1.60. If we hadfollowed the formula it would be 100 (stake) multiplied by 1.60 (odds) (odds) = 160 (expected return). Enough to subtract one from the odds and multiplying the result by the stake we have would result in an actual gain of $60 when our bet wins.

This bet with Team Athletico is arguably a better bet for value given that they are believed by the book to be having an 62.5 percent chance of winning the match basically, a higher likelihood of winning the outcome we’re betting on (match winning). You will receive less money however the bet is believed to be better by the book that is offering it.

Just like in every other race, sport or novelty categories where people place real money bets on the outcome of a myriad of aspects like your knowledge of the teams participating in the event, their levels of skill and quirks, their individual strengths and weaknesses , as well as favouritism, can influence your decision regarding which outcome is the better bet. While a lot of other esports books and websites generally advise to always bet only on the odds every time, we highlight the importance of studying the aforementioned factors before placing your bets.

In our previous example, we could have decided to put our money on Team Immunity in light of a down slump experienced in Team Athletico in several matches prior to the match we’re betting. Perhaps, as fans of Team Athletico’s departure of a major player to internal fighting and we’re hoping it could result in a major upset in our favour.

Before we explore those things in more detail and provide direct links to our special guides and databases of player and team information for esports bettors to utilise, we want to examine the types of bets you will see available at sportsbooks that are online to bet on our favourite esports titles.

Different types of sports betting

The standard match winner betting option is usually the only betting market open on our favourite eSports games There are however distinctive types of bets specific to the type of play. For instance CS:GO’s swift and chaotic first-person shooter game allows for exciting bets to be placed on the team that is the winner of the first Pistol Round in any particular game, while League of Legends’ real-time strategy gameplay lets players bet on the team that kills the miniboss dragon or baron first. These kinds of bets aren’t dependent on whether the team that you’re betting on win the whole game, but are contingent on an outcome completely.

A lot of sportsbooks are in the process of catching up to offering more unique and diverse wagering options however there are many types of these other bets we can make on eSports in the following article.