Esports Betting

The Start of Esports

Over the years, many people have doubted that Esports can be considered a sport of its own. Despite this, the industry has evolved a lot in the last few years and we think that this a new path from which bettors can take advantage in the future.

Like every other industry that is huge today, Esports started rather slowly and with low chances of becoming a real thing in the future. 

Despite some form of video games competitions in the 1970s and 1980s, the first real touches of what was about to become one of the biggest industries in the world was in the 2000s, where South Korea acted as the first host for the World Cyber Games. Today, that competition is regarded as the first true Esports competition in history. 

Besides hosting this first competition, the South Koreans were true pioneers of Esports, after developing the first professional teams in games such as World of Warcraft and Quake.

Today, the Esports industry is worth billions of dollars. Furthermore, many established sports teams, such as Barcelona, Schalke 04 or the Golden Guardians now have Esports teams competing in various championships across the world.

This, combined with advertising, sponsorships and various other factors, have transformed Esports in a industry that produces at least one billion dollars each year.

Most Popular Esports Games

One aspect that sets apart Esports from the conventional sports we all know and love is the diversity this industry has to offer. Therefore, there a lot of games that you can watch and bet on, making your experience diverse enough for a lot of fans. 

In order for you to paint a bigger picture of this immense industry, we are going to take a look at some of the most important games you can watch and bet on:

League of Legends

As for today, League of Legends might be considered the most important Esports market. With established teams like Golden Guardians coming in the scene, and systems borrowed from known leagues such as the NBA, LoL has become a staple in this industry. 

As for the betting side, there a lot of matches that you can try to predict in order to gain a profit. There are a lot of intercontinental leagues played weekly, toppled with the World Championship at the end of each year. You can try your luck with prematch bets, but you can also try out some outright wagers, considering the fact that there are a lot teams that are known for winning.

At the World Championship, the biggest LoL competition out there, teams from Asia have conquered 11 out of the 12 trophies. Therefore, this might be a big opportunity for bettors to try out an outright bet.

These are all the winners of the League of Legends World Championship:

DOTA 2

Another game that has developed a big scene in the industry is DOTA 2. With a World Championship, known as the International, that is regarded as the biggest event in Esports, DOTA 2 can offer bettors a lot of fixtures that they can try their luck with. 

Besides this, the odds for games such as DOTA2 tend to be very profitable, and the fact that this game can offer a lot of upsets given its nature can eventually land you big profits.

Counter-Strike: Global Offensive

CS:GO is a game that most of us played in our childhood. Despite being in the scene for such a long of time, Counter-Strike still remains amongst the most competitive and most watched esports games out there.

Just as in League of Legends, a lot of established brands have joined this game and the fact that there are lot of matches being played weekly will give you a opportunity to land hefty profits.

PROs and CONs of Esports Betting

As mentioned previously, the fact that Esports is diverse and has to offer a lot of matches weekly means that you have a lot of chances at having a winning bet.

Despite this, there are some advantages and disadvantages of betting in such an industry.

Many people have only recently discovered the true length of Esports, and the fact that you can bet on Esports matches can be a serious opportunity, as long as you approach it correctly.

Therefore, in order to give a better perspective, we are going to take a look at some of the most notorious advantages and disadvantages of Esports betting. This being said, such a list is meant to make you decide if Esports betting is worth a shot.

These are the most important PROs and CONs of Esports betting:

PROs:

• A lot of weekly events

• Diversity in regards of which game you want to bet on

• Profitable odds

• Esports community can help you with predictions

CONs:

• Potential manipulated matches

• Risk of losing a lot of money

• Unregulated markets