In this article we highlight some of the key factors you should be considering when betting on eSports by listing 6 eSports tips that will hopefully help improve your chances of winning and improve your overall profit.
eSports Betting Tips & Advice
Knowing how to bet on eSports is one thing, but knowing how to make money on eSports is another. As with anything when it comes to gambling, there are many things you need to consider if you are to beat the bookies and not just make a profit, but maintain a profit over the long term.
So, what do you need to be thinking about when placing your eSports bets?
6 eSports Tips To Boost Your Chances Of Winning
Below we are going to run through some of the most important factors when it comes to betting on eSports by listing 6 tips. It's also important to note that the aim of our advice is not necessarily to generate instant success, but rather to give you the basic foundations that you can use in future within your eSports betting endeavours.
eSports Tip 1 – Know The Teams & Players
As with traditional sports, knowing the teams and players competing is extremely important. Avoid betting on a team or player because you simply ‘like' them. Base your bets on proper analysis. Gather stats from websites like lolesports and use platforms such as YouTube and Twitch to stream or watch replays of matches and tournaments and brush up on your knowledge of a team or player's strengths and weaknesses. How do players act in certain situations? What sort of approach do players and teams take? These are the types of questions you need to be thinking about.
eSports Tip 2 – Know The Maps & Formats
Having a basic grasp of how a game is played isn't enough – you need to have a comprehensive understanding. There is no better way to achieve this than by playing the game yourself (hence why it might be a good idea to pick a genre you enjoy). For example, the number of rounds in a match will affect the odds of certain outcomes.
Generally speaking, the higher skilled player is more likely to win over a larger number of rounds as opposed to a ‘best of 1'. In most cases, the maps and formats are revealed beforehand. Use this to your advantage when deciding what you are going to bet on.
eSports Tip 3 – Strategies & Tactics
As you may imagine, the way in which eSports games are played is constantly evolving. In such a competitive environment, keeping on top of newly discovered strategies and tactics is essential. Knowing this kind of information can not only lead you to identifying value (purely because most eSports bettors aren't prepared to do such in-depth research), but being the first to know can also give you an edge over bookmakers.
You always want to be ahead of everyone else.
eSports Tip 4 – Find Value
A ‘value bet' is a bet where we believe the chances of a particular outcome occurring are greater than the probability implied by the given set of odds.
For example, odds of 6/4 (2.5) would imply a player has a 40% chance of winning, as per our Implied Probability calculator. So if after doing your research you think that player has a 50% chance of winning (which would imply odds of 1/1) then odds of 6/4 would represent value.
If you want to find true betting value then you need to see things that others aren't by doing thorough research.
eSports Tip 5 – Find The Best Odds
There are now more bookmakers than ever offering eSports betting markets. More bookmakers = more competition = more choice.
Use this opportunity to your advantage by shopping around and finding which bookmaker is offering the best odds on your selected bet. Continually taking the best odds will make a big difference to your long-term profit.
Furthermore, there is a whole host of betting sign up offers these days, so if you find your bet is best odds with a bookmaker you haven't yet joined, then the likelihood is you'll be entitled to some form of bonus too, a great way to boost your betting bank.
eSports Tip 6 – Track Your Results
Last but not least on our list of eSports tips is racking your results.
It may sound obvious, but keeping a record of your wagers is crucial if you are serious about betting. Not only can you can use this data to calculate your overall profit and loss, but you can analyse it to find out where you may be going wrong (particularly if you are on a losing streak) and where you are generating success. You can then adapt and make any necessary adjustments that will hopefully improve your profitability.
Unsurprisingly, a lot of the factors that are considered when betting on traditional sports can also relate when betting on eSports.
In this article we've listed 6 eSports tips which we believe are the most important. Ultimately however, it's all about doing the research. The more time and effort you put in, the more knowledge you'll have and the more likely you are to be successful at betting on eSports.