As esports rises in popularity, so too does esports betting. It’s a diverse and vibrant part of the industry, enjoyed by millions worldwide, and it’s an extremely lucrative market. There are countless ‘esportsbooks’ out there that offer esports odds, but which ones are the best? If you’re new to esports gambling, which markets should you experiment with? And which esports titles and tournaments are the most popular?
We’re going to answer all those questions and more. If you’re looking for a comprehensive guide to esports odds and esports betting, look no further. It doesn’t matter if you’re interested in gambling on CSGO, Dota, LoL, or Call of Duty, we’ve got you covered.
Esports Odds: How Do They Work?
Esports betting is exactly the same as betting on traditional sports, like soccer. There are platforms that facilitate the practice of betting on both, but specialist esports websites do exist. It’s an almost entirely digital practice and can often be just as diverse as traditional sports gambling.
For example, when a competition like the Euros or the World Cup comes around, sportsbooks will offer a range of markets per match and for the whole competition. This is the exact same premise where esports is concerned, with entire competitions being blown wide open with a range of markets.
The esports odds themselves work in the exact same fashion. There’s nothing different between the odds on a soccer match and the odds on a CSGO match, for example. If you understand how one set works, you’ll understand how the other works.
Regardless of whether you’re trying to find LoL odds or wagers on the Call of Duty League, it all works the same way.
Who Offers The Best Esports Odds?
It’s a difficult discussion to dominate, as there are so many platforms out there offering esports odds.
There are esports specialist platforms that focus only on gaming, and the hybrid platforms that also include traditional sports. In many cases, both types will offer similar odds and the same way of betting, just with a different interface. Of course, the different platforms might also offer different welcome bonuses and deposit offers.
At the top of the esports betting industry sit the likes of Betway, GG.bet, Luckbox, and Unikrn. These are some of the best esports bookmakers in the business, and they cover a huge range of titles and tournaments.
It’s a constant battle to be the best, and some of these sportsbooks have existed for well over a decade. However, as we’ve explained, esports betting is becoming a much more popular thing, and these older platforms need to take advantage of it.
Which Tournaments Have The Best Esports Odds?
When it comes to betting, odds aren’t better or worse on a per-tournament basis, but they do differ within the competitions themselves. For example, if you were to bet on the IEM Cologne CSGO event, you’d find similar odds to a Call of Duty League Major. It all depends on the teams playing, the markets available, and the amount of information present about a tournament.
Typically, bigger competitions will have more markets, which in turn means more odds. If you’re betting on a relatively low-level or new tournament, you can expect nothing more than a few outright winner markets. However, if you expand your gambling repertoire to include the biggest and brightest competitions, you can expect a diverse collection of markets.
At any given time, these esportsbooks will try to offer the best esports odds on everything in play. For instance, a cursory glance at GG.bet reveals coverage of CSGO odds, Overwatch tournaments, Fortnite events, and Rainbow Six gameplay.
It is a truly dynamic portion of the industry, and it is growing with each passing day.
Best Tips For Esports Betting
Like any form of gambling, you’ll need to know what you’re doing and be equipped with a few tips before you set out. It’s all well and good having the money to gamble, but if you don’t know what you’re doing, it’s likely going to be a waste of your capital.
Before you get involved with esports odds, it’s worth understand which games, in particular, you want to bet on. For example, are you considering looking at Dota 2 odds, or will you focus on a title that’s a little easier to understand, like Call of Duty? If you’re already a fan of the franchise you’re zeroing in on, you already have a straight advantage in the practice of betting.
For a beginner, the safest markets are outright winners, as very little information is needed to be successful. Although, once you’ve picked up a little esports betting knowledge, you’ll want to expand your horizons. It’s at this point that you can look at more complex markets, such as correct score, first map winners, handicap, and dynamic, in-play markets.
Finally, never discount an underdog in esports betting odds. If you’re looking for the best esports odds, they usually come attached to some of the weakest teams in the tournament. However, there’s often a vibrant trend in place that sees the underdog side dominate against the top-seeded teams. It’s worthwhile paying attention to those at the bottom of the league table, if you want to pick up bigger numbers with a potentially larger payout.
Get Out There And Place Some Esports Bets
The platform that you pick is entirely up to you, as is the game or tournament that you actually bet on.
It’s well worth experimenting with other titles, as the esports odd tracker can be a rather unstable one. There are annual tournaments, but many are sporadic and take place on an ad-hoc basis as the year unravels.
Therefore, if you focus on just one game, you might find yourself experiencing a drought when there are no tournaments being played in that space. To respond to that fact, simply open up your mind to the possibilities, find a similar game, and start placing those all-important esports bets. You might just find a new favourite, who knows?