The incredible rising popularity of eSports has led to a growth of a whole new sports betting market, with eSports betting quickly becoming one of the major branches of online sports betting overall. Betfair has been one of the leading companies in eSports betting since the day the market first appeared. With the US markets finally opening up Betfair eSports betting is looking to be one of the first eSports markets in the country.
We take a look at the rising popularity of eSports betting and the Betfair eSports platform. Find out what kind of eSports competitions you can bet on at Betfair and what kind of markets are open for US and international customers alike.
eSports Betting Explained
The modern era has seen a rapid rise of a whole new branch of sports, called eSports. Unlike regular sports like football or basketball, eSports can be played by pretty much anyone, as the games don’t require any physical training. Instead, eSports are all about the reflexes and the wits, which is why they are a true young person’s game, with many extremely young professionals out there.
As is usually the case, whenever a new sports market emerges, so too does a sports betting market for it. The eSports betting market has exploded over the last decade, with sportsbook and exchanges around the world allowing players to make bets on Counter Strike, Dota 2, LOL and other eSports on a regular basis.
Most eSports betting sites allow punters to place bets on major eSports events, but thankfully the number of such events is growing by the year. Many bookies are even introducing betting for events of marginal importance, making the eSports betting market very lively year-round.
The growing nature of both eSports as such and the eSports betting market means that the true fans of eSports and video gaming in general can now put their knowledge and expertise to good use and make a solid profit by betting on their favorite teams. However, it is important to say that sports betting is considered gambling in the USA and only a handful of states currently allow online betting.
Legality of eSports Betting in the USA
Online sports betting is in the process of legalization in the USA, with a handful of states already allowing online sportsbooks to request license and others preparing the ground work for such a process. With coming years, it is likely that online sports betting will be legalized in a good number of states, but one should be careful about not betting in states in which it is not legal.
American players in states like New Jersey, where Betfair is licensed, can now legally bet on eSports from the comfort of their homes. However, players from other states are often lured by the illegal offshore betting platforms which advertise as American sites but are absolutely unlicensed in the USA.
The dangers of offshore betting sites cannot be overstated, as such sites cannot guarantee the safety of player funds or personal information. Since offshore sites are committing tax evasion on a daily basis, US players should avoid them at all costs.
Generally speaking, US players should always look for online sportsbooks which are legal in the state they are playing for. We have prepared a detailed comparison of sports betting sites which offers a detailed review of all the currently licensed sites and the states in which players can use them.
Top eSports to Bet at Betfair
Betfair eSports is one of the leading eSports betting platforms, with a good selection of different eSports and various events one can bet on. The platform includes all the most popular eSports and both online and offline tournaments held around the world. At the eSports betting Betfair platform, players can bet on all the top eSports teams in major competitions in following games:
- Counter Strike GO: Global Offensive is the name of the current version of the popular Counter Strike game. The first person shooter has become world popular and competitions in this game have been going on for well over a decade. On any CS:GO sportsbetting site players can place bets on CS: GO tournaments year-round, with live or online events happening at all times.
- Dota 2: The game has broken all records for tournament prize pools and attendance, as The International and Majors are some of the most popular eSports tournaments in the world. With so many major events going on, Dota 2 is also one of the most popular games to bet on.
- League of Legends: The popular LoL is one of the most viewed eSports on platforms like Twitch and YouTube with millions of fans around the world. The game is most popular in Asia and the betting markets are available for all big events, anywhere in the world.
- Overwatch: Blizzard powered game with a growing popularity, Overwatch is a mix of entertainment and highly strategic gameplay. The first person shooter immediately became a hit among all types of players and bookies took note by introducing betting markets for all major events in this eSport.
Along with these popular eSports which players can bet on a daily basis, plenty of other eSports such as FIFA, Call of Duty or Street Fighter are available on occasion, when tournaments in such games are going on. Like with major sports, players can bet on various markets including outright tournament winners, match winners and various performances in every particular match.
How to Bet on eSports
eSports betting is similar to regular sports betting, although the skillset of players involved varies greatly from what one would find in other sports. Unlike games like football or hockey, physical fitness plays almost no role in eSports and the true champions look quite a bit differently than those in regular sports.
Regardless of that, eSports betting is all about statistics and past performances, with the bookies forming the odds in the same way they do for other sports. While it may be strange to be betting on virtual games, the times are changing and so too is the sports betting landscape.
eSports Tips & Tricks
If you are an eSports fan looking to start betting on games and tournaments in your favorite eSport, here are a few tips to keep in mind while placing your bets:
Mind the rosters:
There is no sport out there in which rosters and lineups of teams change as often as they do in eSports. If you are thinking of making a bet based on past performances, check the rosters and make sure the teams involved are still made up of the same players, as this is rarely the case.
Look for rising stars:
eSports are a very dynamic kind of sports, with new superstars coming and going on a yearly basis. Players in eSports tend to lack the discipline to stay the best for a long time, but during their prime, they can really do some damage for a year or two.
Watch the streams:
If you intend on betting on eSports, make sure you watch the games and have that insider knowledge of the game you are betting on. Bookies are certainly not as expert in eSports as they are in football or basketball, so try to find your edge here.
Mind the odds:
It may be appealing to bet on your favorite eSports team and support them this way, but if you are hoping to win money, you need to mind the odds. Make sure you are only placing bets when the odds are favorable and not just blindly betting on one team all the time.
There are other tips and tricks you will learn about eSports betting as you place your bets but we leave them to you to discover. Another important point to remember is to handle your bankroll with care and not bet more than you can afford in order to keep all betting smart, fun and responsible. We’d also advise you to take a look at our other provider reviews so that you have a good knowledge of the market before you get signed up – how about taking a look at our “Is Unibet scam?” or “Is William Hill legit?” guides?
Start Betting on eSports Today
eSports are one of the most dynamic markets in all of sports and eSports betting is on the rise. Betfair offers one of the most comprehensive eSports betting platforms, with a dozen different eSports and hundreds of tournaments and leagues to bet on. Sign up with Betfair today, learn all about eSports betting and start placing real money bets on upcoming events all over the world. If Betfair doesn’t cut it for you, check out other sports betting sites and find the one best suited to your personal needs.
Conclusion: Awaken the Gamer Within
Gamers around the world finally have a betting market dedicated to their skillset. Start betting on eSports at one of the leading sports betting platforms in the world
and enjoy the variety and dynamic nature of eSports. Your eSports betting journey begins today.