eSports Betting: Wagering on Virtual Competitions

eSports Betting: Wagering on Virtual Competitions
7 min read

Recently, one category in betting companies has become actively developing. This is cybersports. Here players can find their favourite video games, analyse the outcome of the event and bet on them. All odds are available online, so you can follow the events in the betting company and at the same time to bet.  

In order for the prediction to be as productive as possible, it is necessary to take into account a large number of factors. For example, you need to analyse each player in the team, you should not miss even one person. The missing of one member of the team in your forecast can lead to a bad result, because it can demotivate the team. Thus, betting on cybersport is a fairly complex type of income, which will bring you a lot of money and a lot of positive emotions with the right approach. 

Betting on Cybersport

All bookmakers offer a wide range of choices in the category of cyber sports. Here you will find Dota 2, FIFA, Fortnite, Counter Strike, League of Legends, and much more. Each site offers its own set of entertainment and its own conditions for betting on them.

The main games that can be found at any betting site remain Dota 2, Counter Strike, and League of Legends. These video games annually hold massive international tournaments with huge prize pools. For example, in 2021 Dota 2 won the biggest prize of $ 40 million . There won the Russian team and received 18 million. The prize money is usually divided between the teams that took the leading places. 

Features of betting on cybersport:

  • Good selection of events. Betting companies are constantly monitoring video games. They realise that this particular category is rapidly gaining popularity. That is why every day you will see an updated table, additional statistics and a lot of matches and tournaments for betting;
  • Easy to analyse. You can follow all sporting events in the bookmaker’s office. In addition, all video game streams are available on the full Twitch platform;
  • Bookmakers’ mistakes when placing odds. It is this factor that gives bettors a chance to win big thanks to incorrect odds. This is due to the fact that cybersport appeared on the Internet quite recently. Bookmaker companies employ a whole staff of analysts to correctly set the odds on all events, but not always in this team can be found a specialist in video games. It is this condition that causes numerous errors in the odds. 

Disadvantages of Cybersports

Disadvantages of Cybersports

In addition to very serious advantages in cybersports, you can also find a lot of disadvantages. It is worth talking about them. The most important of them is the presence of a large number of contractual matches.All tournament organisers strive to eradicate this disadvantage and actively fight against all match-fixing. But it should be said that it is quite difficult to trace this process, so even in 2023 such matches occur and are not rare. 

Another of the significant disadvantages is the low limit. Some bookmaker companies underestimate the bets . This is quite often found on matches that have a low level. 

Live Betting in Cybersport

Usually betting companies offer live betting only on popular video games. As already mentioned it is Dota 2, League of Legends, Counter Strike . But with the growing polarity of this section, some betting companies have expanded this list, and now you can still find PES, FIFA, PUBG. 

Read our article about Gamification in iGaming.

If you decide to make a live bet for the first time, it is worth considering the following factors: 

  • Changing odds during the match;
  • The choice of character and weapon;
  • The psychological state of the players;
  • Statistics of the teams;
  • Map features.

A very important factor that should never be overlooked is the features of the map. Before the start of the match there is a choice of map, and in Dota 2 there is also a choice of character. This factor can dramatically change the forecast .  At this point you can understand how long the game will last, how the teams will behave in the first minutes. What actions players will perform on the map – will destroy buildings, look for opponents, what will be the advantage of teams in gold and much more. 

If you prefer Counter-Strike, then the procedure of peaks and bans is passed. You can view the statistics of each team and understand who will take the leading position in the fight. But you should take into account the fact that none of the teams can constantly show stable results. Be prepared for bad matches and losing real money. 

The Most Common Types of Betting on Cybersports

You will find a large number of matches and tournaments on popular games.In addition, all bookmakers offer an excellent line of events on the FIFA football simulator. Here you will find events from regional to international level. Players can bet on the main outcome, total cards, team forfeit, special bets for specific disciplines and more. 

Outcome betting

Just like in other sports, in cyber sports, betting on the outcome is the most popular bet. Here the bettor needs to predict which team will win or whether there will be a draw. The formats of the three popular games Dota 2, Counter Strike and League of Legends mean that draws are quite rare. Therefore, it is recommended not to bet on such an outcome. 

If we are talking about fairly large tournaments, then here the teams are about the same level. To analyse such an event will be quite difficult. 

Betting on statistics

Quite often in betting companies you can find betting options in which it is necessary to analyse the outcome based on the statistics of the game. For example, fans of Dota 2 can bet on “first blood”. This implies the first kill made, the first destruction of a building or the first 10 kills, the duration of the cards and killers. 

If you prefer Counter Strike, you can bet on the number of kills made, which player will make the most hits. 

Betting on forfeit

Here the bettor has to bet in virtual advantage. You need to predict the number of leading points for one team, or the number of points for the losing team. Such bets can be found in tournaments where there is a clear favourite and an underdog. 

In cyber sports bettors can make plus and minus bets. 

For example, if you bet on the first team with a -5.5 handicap, then in order to win the bet, it is necessary for this team to win with a difference of at least 6. If your team has a +5.5 handicap, then it needs to win at least 11 rounds in order for the bet to play. 

Win-win Betting in Cybersport

Win-win Betting in Cybersport

All experienced bettors advise using tactics and strategies for any bet. Cybersport is no exception. It is necessary to act in accordance with the planned steps, you should not deviate from them. Everyone knows that in all third-party sports there are no win-win bets. However, cybersport is an exception. Here you can find strategies that will bring you victory 100 per cent of the time. 

Win-win bets in cybersports: 

  • First kill;
  • Betting on the winner of the card ;
  • Even / Odd Kills;
  • Dogon;
  • Flat Strategy.

If you use these strategies correctly, conduct a thorough analysis of events, then you can earn real money on betting on cyber sports in any betting company.