Perhaps the most simple way to bet on E-Sports is to bet on who you think will win a match. The way a match is won depends on the esport – whereas FPS games are all about killing the opposing team and fighting over locations, MOBAs, such as League of Legends, are about destroying opposition bases. Esports betting at GG.BET. Gaming in general and esports in particular are rapidly gaining worldwide popularity, and more and more people become interested in betting on competitive video games. Since GG.Bet’s inception in 2016, esports betting has been our priority – this allowed us to develop a website with a wide range of games to bet on with great odds, user- and mobile-friendly interface, and a.
Esports, also known as electronic sports, were initiated in the US (Stanford).
But they quickly became integrated and recognized as a sport in Asia, specifically Korea and China, where the first Esport professionals were recognized.
I believe that multiplayer video gaming was one of the prime drivers that helped promote widespread internet distribution and pushed the need for faster service to support Esports and the large audiences that came with the games
Initial multiplayer games were racing games like AstroRace (73) using a Plato system. These have come a long way leading into today’s most popular multiplayer game Fortnite.
When I think of Esport, I think of a multiplayer video game, played competitively by professionals, designed to have an audience for the recognition of excellence and revenue generation from both the event and the attraction from the event to promote the product to consumers.
Esports Events Are Huge
Today, Esports events such as League of Legends attracts more than 40 million viewers and prize winnings are close to $30 million. Numbers like these make me wonder if I made the right choice, until I give one of them a shot and get smoked at the amateur levels.
Esports betting is one of, if not, the fastest growing avenues of gambling in the last five years and predicted to grow over the next decade. It’s estimated that gambling revenue from consumers will exceed $13 billion by the end of 2020. What makes this number even more impressive is that it was less than $5 billion in 2017
The Top Esports Games for Betting On
What are the expected top Esports games from both a professional and revenue standpoint for 2020 (game and genre)?
Esports Genres and How to Bet on Them
- MOBA – is a Multiplayer Online Battle Arena where the object of the game is to destroy the opponents base and/or defeat the other players throughout the game’s battlefields. When playing, the game I must collect powers and valued prizes as these increase my survival chances and victories.
- First Person Shooter (FPS) – is taken from the point of view of the character where the movements are similar to an actual person and the character’s resources are displayed at the perimeter of the screen.
The two general modes for FPS are mission mode and multiplayer mode where the main goal in FPS is killing your opponent.
Battle Royale is a nice mix of individualism and team play where the object is to kill the other teams’ players. This is not designed for single players as quick strategies must be developed with the other players to avoid being the “one cut off from the herd” unless my character meant to be the sacrificial lamb for the benefit of my team.
How to Bet on Esports
Betting on Esports is simple. Keeping it simple is what I suggest for anyone just starting, too.
The most basic way to bet is a match win where my bet is placed on a winner after reviewing the odds. The odds generally indicate risks. The longer the odds, the higher the risk. It’s just like any kind of betting.
It’s important that I know the structure of the odds format (decimal, fractional, or American) as they may be different based on which part of the world I am betting.
If it’s is decimal, I will multiply my bet by the number: for example, if it is 1.5 and I place a $100 bet I get a return of $150, pretty simple.
When betting, it’s important to research the team’s recent success, see if they are operating with the same members, and even look at members current country environment.
I certainly would not want to be too confident if a team had a team member change and then looked at their country’s environment seeing recent stressful circumstances that may affect their concentration capabilities.
You should also remember that you can watch a couple of rounds before you place your winner bets and, even though the odds shorten, you have a better understanding of the teams.
Optional Bets in Esports
Most betting is specifically structured around winners and losers, but as the betting progresses, more optional betting strategies are developing prioritizing specific team conquests as part of the competition.
Other betting options are an over/under bet geared around kills, draws, regional winners, and on the number of rounds that a team progresses.
There are an also increasing number of betting options like first knife or first pistol kill, overall first kill, and who wins a specific map.
Many of these are special bets that allow one to see action throughout all stages of the Esports tournament — which is the major draw to these types of bets not to mention the higher odds associated with these bets.
Knowing the Game Is Important
DO NOT bet on games you have zero knowledge of, especially, when it is so easy for me to do research and take some time to investigate the games nuances. Be smart about what you are doing just as you would with any financial investment.
Research the game and view it being played to get a good understanding of the object, challenges, and the Esports betting strategies needed to win.
As new games take the scene, new teams will emerge as favorites and the favorite teams are less consistent than established traditional sports teams. This can even be said for longer established esport teams primarily due to rapid growth of new teams that competitively try to make a name for themselves.
What About Esports Integrity?
Cheating is a painful word in all sports, one I rarely use, but it happens occasionally.
I must recently admit to hanging my head low in regards to my favorite home team, the Houston Astros, when they decided to use the “electric eye” to catch signs.
As Esports betting is relatively new, let us look at the integrity of the sport and ensure that you are comfortable betting money with the knowledge the industry is doing all they can to ensure fairness.
So, how do I know someone has not integrated the game with some secret code that gives a player special ability like super strength, increased speed, or prioritized recognition on strikes??
The Esports Integrity Commission was formed in 2016 to further enhance the games integrity and eliminate threats of fraud. They have developed a set of principles to guide esport events.
The Integrity Commission seeks input from bookmakers to help eliminate possibilities of esport cheating. These bookmakers are not stakeholders as that could be considered a violation of interests, but they are allowed as non-voting members.
Europe now has the European Esports Federation which operates in much the same capacity as the Integrity Commission.
With the creation of this commission and federation, esporting events are now seriously being considered for the 2024 Olympic games which shows their commitment to ensure the integrity of the games.
One can also be assured that persons on this committee are not persons who know little about the actual games, in fact many on the commission are experts in the Esports gaming industry and are dedicated to growing the games popularity. Overall, Esports is conducted in a fair atmosphere and thus far there have been no issues.
Conclusion
When reviewing Esports, I see that it is the fastest growing gambling industry across the world. It’s expected to generate gambling revenues in excess of $13 billion and purses breaking the $1 billion mark for 2020.
Betting is straightforward, but one needs to ensure which betting format is used. After all, games are played all over the globe. Additional special option betting is available based on specifics aspects of the games such as over/under on kills and first kills.
When betting on Esports games online, not only should I know the game and its genre, but I also need to research the players and teams’ recent successes/failures. Some of this information can easily be found on public information databases.
As the sport grows, so has its organizational capabilities to prevent fraud and ensure a healthy growth for the industry. Thus far there have been no major fraud disclosures or discoveries as the integrity of the coding within the games is closely monitored and secured.
After reading this, you should have much of the background and established much of the language needed to know what to expect from esport betting. Maybe it’s time you took it to another level and test the waters by looking into upcoming events.
Many of these events can be found on ESPN. Most bookkeepers will have available betting for these events at your disposal. For me, I started treating them like the ponies with some safer bets to see they paid off based on my research and then, after becoming more comfortable with my knowledge, added a little more risk/reward.
My best advice, as with all gambling, is to make sure you are having fun and enjoy the action. If I do not find enjoyment in the game, then what is the point.
Please enable JavaScript to view the comments powered by Disqus.Dota 2 is a video game developed and published by Valve Corporation online battle arena (MOBA) for multiplayer. The game is a sequel to Defense of the Old Towns (DotA), the community-created mod for Warcraft III: The Kingdom of Chaos and the Frozen Throne of Blizzard Entertainment. Dota 2 is played in matches between two teams of five players, each team having its own separate map base occupied and maintained.
Each of the 10 players plays a powerful character, called a hero individually, with different play styles and unique capabilities. During a game, players collect points of experience and items from their heroes to defeat the opponent team’s heroes successfully in the fight against their heroes. A team is the first to destroy the “Ancient” of the other team, a large structure within its bases.
How To Get Esports Tokens
Nevertheless, the nuances of its highly addictive nature can make it quite hard to gamble on or watch the game. The guide will help you if you’re a Dota 2 fan or if you want to know how the structure works.
We would discuss Dota’s simple gameplay chain, heroes and goals as well as overall match structure, the latest information regarding its success, how to place a bet in your country’s average match and top-rated Dota 2 esports betting sites.
There are various esports betting sites around;
- Unikrn
How Does a Player Win a Dota 2 Match?
Dota 2 is a team-oriented game that puts together two teams of five players. You win the game by destroying the old house of the opponent before you kill it. The oldest building is central to the main base of each team.
Each hero at the beginning of the game is poor with no (exp) or little gold encounters. The experience helps you to unlock and improve your skills and build a talent list. Gold purchases items that boost your hero in a wide range of ways, such as faster action, damage and the capacity to cast special characters.
Your aim is to spend your time gaining exp and gold or helping your team do so as quickly as possible while reducing and reducing exp and the gold gain of your opponents. If the later stages of the game achieve a large exp and gold value, your team will typically be able to destroy all the heroes along the way, followed by their towers and defensive structures, and eventually kill the enemy Alte, win. Dota is the way you’re doing it.
How Big is Dota 2?
Online Gaming Stocks 2020
More than 10 million players are currently playing Dota 2, making it one of the most popular online games in the world (10,313,855 players at the time of writing). Dota 2 is only surpassed by the insane League of Legends, which had approximately 67 million people logging in every month at that time last year.
Dota 2 is an integral part of a growing game market known as MOBAs. MOBAs are becoming common in e-sports, because in many respects they are similar to traditional athletic arenas; small teams are competing in a competitive area to gain ground in order to achieve their goals. Sports like Dota 2 have a huge variety of options, as opposed to traditional games.
With this being said, there’s plenty of opportunity on esports betting in the Dota 2 scene.
How To Bet on Dota 2 – Understanding Odds
Dota 2 betting chances are normally given in one of two formats; US odds or decimal chances. Most sportsbooks are standard on one or other, but many are encouraging the betting user to choose the one they want. Here’s a look at how these two edition formats work and you know what to expect if you bet on Dota 2.
A-” “or” + “in front of them is listed in US odds. For eg, a 2 Dota matchup with Evil Geniuses and the Forward Gaming could be listed as Forward (+ 200) vs Evil Geniuses (-300) as the favourite betting gambler.
The following-” “number shows how much a better would wager to win $100. In this case, you would have to bet 300 dollars on Evil Geniuses to win 100 dollars. This payout ratio will remain the same regardless of whether you bet 30 dollars to pay 10 dollars or 600 dollars to spend 200 dollars.
The number after the “+” is how much you are going to benefit from a $100 bet at the underdog forwards. So a $100 + 200 bet will give you a $200 bonus, or a $350 bet would make a profit of $700 if Forward Gaming is the winner.
Decimal odds show your total payout rather than just your winnings. The above example is for Forward Gaming (3.00) vs Evil Geniuses (1.33). A $100 bet on forward gaming would pay $100x 3.00= $300, a return of 100 $plus a profit of 200. The Evil Geniuses wager of 300 dollars will cost about 1,333 dollarsx 1,33= 400 dollars and the 300 bucks plus 100 percent of income would pay.
Types of Bets in Dota 2
- Moneyline
- Totals
- Spreads
- Proposition Betting (aka Prop Bets)
- The first team to 10 kills
- Which team will get first blood?
- Who will destroy the most towers
Dota 2 betting options cover much more than just wagering on who is going to gain the match. One such option is to bet on a spread match. The final score is always 2-0 and 2-1 in the norms best-of-three Dota 2 games. The scatter list the favourite in -1.5 and the lowest in + 1.5. If the winner is bet at -1.5, you should win the game 2-0 while a loser is gambling + 1.5, the outcome is a complete defeat or a loss of 2-1.
For example, a game that will likely end up in a Team win between the most favourable Team (-850) versus Team Xolotl (+ 500). Yet Team + 1.5(+ 135) is much more successful than Team + 1.5 (+ 135) as only team xolotl has to win one of these three to be the only winner of the+ 1.5 games against the set.
In addition to a 1.5-game spread over the best of three, a total of Over 2.5 games or Under 2.5 games can be bet. This gamble is regardless of the team winning: if any team wins 2-0, the Under 2.5 bet is won, while a final 2-1 victory in favour of both sides costs the Over 2.5 games. This can be a great way to make a bet when you expect a match to be highly competitive, or if you expect the Map 1 team to finish in Map 2.
Map gambling in many sportsbooks is also an alternative. Dota 2 betters can bet in a game on each map as a separate event on Map 1, Map 2 or Map 3, either to be won or to be played in a certain amount of time, for a specific team. This method of wagering offers Dota 2 fans the chance to take advantage of their knowledge of teams that start slowly or seem always to find a way on the deciding third map of the game.
There are also more profound proposals on each map for certain sportsbooks. These bets include which team is going to gain first blood, which team has 10 kills first, which team is going to destroy the first turret, which team is going to kill the first Roshan and which team is going to destroy the first barques. Because of the difficulty of Dota 2 and its tactics, betting practitioners who spend the time researching teams and their methods will discuss other aspects of the game on the betting table.
If you’re further interested in betting on Dota 2, check out our Esports Betting Sites guide