Esports Betting Tips
Getting started in esports betting can be tricky, whether you are a veteran punter new to the esports scene or a total beginner with no previous betting experience. One way or the other, it’s always nice to have some helpful tips to hit the ground running. Esprts has put together some useful esports betting tips. With these, you should be able to get your wagering off to a smooth start.
Control Your Bankroll
This tip isn’t exclusively aimed at esports betting, but also applies to all other forms of gambling. Controlling your bankroll is, by far, the most important thing to keep in mind when betting.
Above all, remember that betting is supposed to be fun and enjoyable. Of course, winning comes with the territory, but you need to understand the risks. Just like any other competitive event, esports aren’t exactly predictable. In other words, there is no guaranteed return. Naturally, you can improve your chances by making informed bets – but this doesn’t mean you are always going to be successful.
In order to fully enjoy your betting experience, you must know your own limits beforehand. Keep some of the basics in mind:
- Only bet what you can actually afford to lose.
- Keep track of your spendings.
- Don’t try to chase losses.
- Know when to stop.
As long as you actively control your bankroll, there won’t be any other problems. If you ever find yourself dealing with a gambling problem, don’t hesitate to look for help.
Use Your Bonus Wisely
All esports betting sites have welcome bonus offers in place for new customers. These bonuses usually add some extra cash to your account along with the initial deposit. Other sites will take it a step further and offer free bets along with the first deposit bonus.
No matter which bonus offer you pick, you first need to fully understand its terms and conditions. Each site has specific T&Cs on how the bonus is used. Some sites will require you to play through your bankroll first before actually using the bonus funds. Other sites will split it evenly, with bets consisting of your deposit and the bonus.
In order to withdraw any winnings from the bonuses, you will need to clear the wagering requirements first. This means that you need to roll over the bonus money a certain number of times by betting it before requesting a withdrawal.
Once you have a good grasp on how your bonus works, you can use the way it seems most fitting. That also applies to free bets and risk-free bets.
Understand the Betting Markets
As esports betting continues to grow in popularity, bookmakers have significantly improved the betting markets on offer. While in the early days bookies only offered the chance to bet on the match winner, the list of betting markets available is now significantly different.
Now, you can choose from many other betting market options, which means you will have more opportunities to make a profit. Here are some of the esports betting markets available at most operators:
- Prop bets
- Map winner
- Series winner
- Tournament champion
And that’s to name a few. It’s nice to have a general understanding about as many betting markets as possible. By doing this, you will have more options available to spread your wagers accordingly. Once you figure out which betting markets are more profitable, you will definitely notice the difference in your winnings.
Create Your Own Betting Strategy
It’s just as we said in the previous topic: understanding how to spread your bankroll will improve your chances of winning. You shouldn’t bet without thinking beforehand. Coming up with a plan will not only create more opportunities for you to win, but it will also help you make the most out of your account funds.
Of course, betting strategies aren’t the same for everyone. What is your own betting style? Do you prefer to take risks – or the opposite? Sort out your bankroll in a way that suits your betting style. Determine how much you are willing to wager on riskier bets, and how much you are going to stake on safer options.
Once you have an esports betting strategy in place, you will soon realize how big of a difference it makes. After some time, you will be turning in a significant profit as long as you stick to the strategy.
Keep Track of Your Profits and Losses
This one goes hand-in-hand with the previous betting tip. Keeping track of how much you’ve won and lost will provide you with some guidance on what to do next. Knowing when to stop and when to continue is absolutely vital in betting.
It’s advisable that you set limits to both your wins and losses. While setting up a win limit may sound counterintuitive at first, it’s actually a very smart strategy. It’s easy to get carried away after a good streak, and being on a high could easily lead to some questionable decisions. You don’t necessarily have to hit your win limit everytime, but you should stop once you do.
At the same time, taking a break after a few losses is also a very wise decision. If you are having a bad day, it’s better to simply stop things from getting worse. Never chase your losses – live to fight another day. Trying to chase your losses could easily leave you in an even bigger hole instead.
Make Good Use of Live Betting
Live betting allows you to place wagers while the matches are still going. As the game swings back and forth, so will the odds. You can make full use of this possibility to score big wins.
The possibilities are endless with live betting. You could actually profit from many different bets placed in a single game. If the site offers cashing out as an option, use it to your advantage. In a wild match, with multiple momentum swings, the odds will reflect that. You could always cash out and bet on the other side, then repeat the process as the odds continue to shift. This way, it’s possible to score multiple wins even before the match draws to a conclusion.
Compare the Odds
Different bookmakers will likely have different odds for the same match. While the odds are usually pretty close, on some occasions, a site may offer significantly better odds compared to its competitors.
Of course, this requires you to have betting accounts on different sites. If that’s the case, then there is absolutely no harm in doing some previous research to find favorable odds. Depending on the situation, you could even place an arbitrator bet. The idea is to cover all possible outcomes of a match by betting on both teams in different sites.
Let’s assume that you intend on placing two $50 bets. Site A will pay $110 if Team X wins. Site B, on the other hand, will pay $110 if Team B wins. Assuming that a draw isn’t possible, you are guaranteed to profit $10 no matter who wins as long as you place both wagers.
Learn More About the Games
If you are going to bet, then knowing about each esports title is always a good thing. Doing your due diligence beforehand is highly advisable.
Even if you don’t actually play the game, understanding the basics will provide you with an edge. Bookmakers will naturally try to cover for all possible outcomes, but their systems aren’t flawless. With a good understanding of the game, you will be able to outsmart them every now and then, spotting a good chance as soon as it shows up.
Keeping up with the game META is one way to do it. This has nothing to do with NFTs or crypto. META is an acronym for Most Efficient Tactic Available. Since games are being constantly updated and patched, this often leads to dramatic changes in playing styles.
Depending on how much the META shifts, it could lead to some rather unexpected results. It’s no secret that certain teams tend to find better success with very specific tactics. With a favorable META, that team at the bottom of the standings to which no one really pays much attention could suddenly become a powerhouse. By understanding the game and the META shifts, you could stay ahead of the curve and predict that, which means you would also be able to pick some very good odds before everybody else.
By following these esports betting tips, you will be able to make the most of your experience. Break in a good profit and have fun!
If you want to know more about esports betting, Esprts has everything you need. We offer guides on the most popular esports titles as well as comprehensive esports betting sites reviews.