The biggest event of the year for esports fans is undoubtedly The International, a celebration of global esports fandom and the chance to witness some of the greatest players in the world go head-to-head. But for those looking to wager on some of the matches, there are also a host of exciting events throughout the year that you could choose from.
With the launch of the Betting Exchange, all your favourite esports can now be wagered on! Whether you’re a seasoned esports gambler or you’re just looking to try it out, this new platform designed for esports betting provides a safe and secure way to place wagers on your favourite games and tournaments.
Here, we’ll explore the ins and outs of esports betting with help from the Betting Exchange. Keep reading if this sounds good but maybe wait until you’ve read our reviews of the top gaming laptops, gaming chairs, and gaming monitors to make your decision. We’ll also tell you where to get the best odds for each event!
The Difference Between Traditional And Digital Sportsbooks
Traditional sportsbooks, also known as ‘tobacas’, have been around for centuries and were originally designed for horse racing in England. These days, they’ve mostly replaced the traditional pub in favour of home entertainment and mobile phones, with some traditional bookmakers even offering live bets and bonuses. While most traditional bookmakers offer the standard odds on all events, some more advanced ones experiment with prop betting, offer in-play betting, and give special offers for major events.
In contrast, most digital sportsbooks are completely online. They’re also highly advanced due to the huge amount of data and research they need to generate accurate betting odds and provide a good experience for their users. Due to the incredible volatility of esports betting and the fact that most matches are either outright wins or losses (there are few middle rounds in esports), most digital sportsbooks are all-in-one and do not feature the standard ‘wager-match-win’ structure. Instead, digital sportsbooks give you the opportunity to choose how much you want to wager on each event, and the platform will take care of the rest – creating win-win situations for both you and the bookmaker.
Where Can I Bet?
With the rise of the Brave Browser and its optional built-in cryptocurrency, BAT, people have been able to access previously closed markets like crypto-related sports betting and academic courses. The Brave Browser is also great for those who want to explore different markets without leaving the comfort of their homes. For example, you could research popular cryptocurrencies and identify the best-performing ones for use in the future.
On the subject of home-leisure and mobile devices, the 2019 World Digital Sports Championship saw big improvements. With the ability to place bets from anywhere, anytime, on any device, and using any browser, the world of digital sports has never been more accessible.
How Do I Place A Win/Place Bet?
To place a win bet on a particular event, you need to identify the correct winner and the amount you wish to wager. Just like with traditional sportsbooks, most digital sportsbooks give you the option of paying either with fiat or crypto currency. In the latter case, you’ll need to set a preferred cryptocurrency and specify the amount you wish to wager.
For example, if you choose Bitcoin as your preferred cryptocurrency, and set the wager amount at 10 dollars, you’ll need to enter a dollar amount (10 in this case) followed by the BTC symbol (ₑ) in order to place the bet.
Placing a place bet is a little different. Here, all you need to do is enter the correct starting point for each race – whether that’s the name of the driver or the team that you think will come first – and the platform will return a list of odds regarding that particular outcome. When it comes down to placing a bet, most people prefer to use an existing credit card or bank account to avoid the risk of theft and fraud. An even safer and more convenient option is to use an esports wagering app, which is what most people will use anyway since it makes the whole process much easier. These apps also provide bonus features like free bets, match incentives, and a chat room if you want to connect with other gamblers.
What Are The Most Popular Esports To Bet On?
Based on the data from the Betting Exchange, the most popular esports to bet on are:
- Dota 2
- Rocket League
It would be a missed opportunity if we didn’t tell you that these are the most popular esports to bet on. Why? It’s simple. These games are available on nearly every device, and they’re easy to learn. Even beginners can pick up and play – something that couldn’t be said for most other esports.
If you’re new to esports betting or are just looking for a game to start with, we recommend checking out one of the above. Also, make sure to visit our friends at DiceyBetting for the best odds on all your favourite esports!
For more information on how to bet on any of the above, please visit our friends at the Betting Exchange. And if you found this article valuable, read our reviews of the best gaming chairs, gaming laptops, and gaming monitors. We hope this article has helped you in your quest to better understand sports betting and esports betting. If you have any other queries, feel free to drop us a line on our Twitter @OnTheBeatenPath or email us at [email protected].