Betting on virtual sports is one of the new favorite pastimes of online casino games players. Thousands of matches are played daily with bookmakers offering odds on every aspect of competitive play. We are here to help you navigate the maze of the esports ecosystem and help you place your first virtual sports bet!
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A Virtual Sports Guide
We offer you all the essential information you need to give you the inside knowledge about betting on esports . In this comprehensive guide to betting on virtual sports, we'll take you into a lesson on how to bet on esports, look at its legal aspects, and talk about the most important things to look for when finding the right one the best bookmakers for betting on esports.
What Are Esports And Virtual Sports Betting?
First, let's see what we mean by esports and betting on virtual sports. The simplest answer is that esports is any form of competitive video games played between individuals or teams. This differs from simple video gaming in the fact that the players no longer compete against the computer but against other players.
Esports come in a variety of genres and have absolutely exploded in popularity over the last decade, with massive esports tournaments featuring superstar esports teams and esports players competing in front of thousands of screaming fans, with millions of fans tuning in to watch on live streams such as Twitch , YouTube Gaming, or Facebook Gaming. And, as with traditional sports, the competitive aspect that comes with esports has opened up the world of opportunities to bet on esports!
Betting On Virtual Sports Vs Traditional Sports Betting
Betting on esports may seem different from betting on traditional betting , but if you get used to esports, you'll see that betting on esports action is pretty much the same as betting on football , basketball, F1 or horse racing. But how do you place an esports bet and, most importantly, how do you win this esports bet?
We can be brief about this; this is exactly the same as placing and winning a traditional bet! Choose the eSports betting market you're interested in and check out the esports odds to make sure you're making the right choice. The big advantage with esports betting is that it's more interactive than regular betting thanks to the communities, live streaming, stats, social media and more from the best esports bookmakers that make betting on esports such a great experience.
Choose An Esports Betting Casino
Once you have decided on which esports you want to bet on, then you need to find the best eSports betting site for the esports bet you want to place. There is a growing range of online casinos that now facilitate esports betting, from traditional bookmakers to dedicated eSports betting sites.
Some gambling sites focus on the biggest leagues for CS:GO, Dota 2 and LoL, while dedicated esports betting sites will have a constant supply of pre-match and esports live betting odds for more niche games. So be sure to do some research on the site to make sure they offer your favorite game. This may be superfluous information, but also when betting on virtual sports you need to assure yourself that you are dealing with a licensed party – this is the only way to assure yourself that you are safe.
Different Options For Betting On Virtual Sports
In esports betting, there is more to betting on than just betting on Real Money. Various types of esports betting have developed over the years, covering all aspects of the esports industry, from competitive tournaments to Twitch streaming and even Skin betting and trading. Below you will find all the possible ways you can get started with esports betting.
Real Money Betting
Real money betting is the simplest form of betting on esports and is exactly like traditional sports betting. It's just a matter of choosing the tournament or event you're interested in, choosing your market and match, and placing your esports bet. All you have to do is wait for the results!
Fantasy Betting
Just as there are fantasy sports bets for many traditional sports, there are also fantasy esports bets for your favorite esports. It works exactly the same, you first choose your players and/or esports teams based on how well you expect them to perform. You earn points / cash for their esports performance in matches, whether that's winning a match or tournament or completing some predetermined goal. In the world of fantasy betting you will find many different providers to choose from. The following options are the most common in this:
- Betting On Streamers
Betting on streamers at eSports specialist live betting sites means placing bets on certain elements of an esports players gameplay as they stream on Twitch or other streaming platforms.
- Bet On Yourself
This is exactly what it sounds like – you can bet on yourself when playing video games, which allows you to win real money by performing certain achievements within esports games. You will find if you look for a few great places for self-betting.
- Skin Betting
Skin betting involves using virtual currency from a chain site in one form or another. This virtual currency usually comes as a certain in-game item or as a graphic download for the game or characters. You have to be very careful with certain skin betting sites, as they are traditionally unregulated. As usual, we would recommend avoiding any unlicensed site.
- Pool Betting
In pool betting, all bets on a particular market are combined and the total (minus any fee) is distributed among the winners.
- Social Betting And Challenge Betting
In social betting, you bet on the results of matches within a group. Challenge betting is similar, but between only two people, with one effectively challenging the other.
Virtual Sports Betting | Frequently Asked Questions
Is betting on virtual sports similar to betting on sports?
Yes, then you can say for sure.
Can I use bonus credit for betting on virtual sports?
Yes, although it depends on the bonus wonder.
Is it possible to bet on yourself when betting on virtual sports?
Yes, this can be done at some betting sites.
Does every online casino offer betting on virtual sports?
No, but many sports betting sites do offer it.
Can I try virtual sports betting for free first?
Unfortunately, this is not possible.
