How Does CSGO Betting Work?

Counter-Strike: Global Offensive (CSGO) is one of the most popular games globally, and the excitement around its yearly tournaments is unrivaled. With millions of participants expected at the 2020 Olympics, the tournament remains one of the most important events in the Counter-Strike calendar. As the game develops, so does the betting market, with new betting products emerging to capture the attention of bettors.

What Is CSGO Betting?

CSGO betting is simply placing a wager on the outcome of a Counter-Strike game. The bet amounts are usually very low, with the market seeking to attract casual gamers who may have limited funds to spend on games, let alone wagers on them. However, as the market matures and the stakes rise, more and more professional esports players are participating in esports betting, further driving up the popularity of this particular form of gaming. The 2020 edition of the PGR (Professional Gamer’s Reward) circuit, for example, includes eight Counter-Strike games and is expected to attract a peak viewership of more than 500 million viewers.

The most popular Counter-Strike games to bet on are:

  • Counter-Strike: Global Offensive (CSGO)
  • Counter-Strike: Global Offensive (2020)
  • Counter-Strike: Global Offensive (2019)
  • Counter-Strike: Global Offensive (2018)
  • Counter-Strike: Global Offensive (2017)
  • Counter-Strike: Global Offensive (2016)
  • Counter-Strike: Global Offensive (2015)

CSGO is always a popular choice for esports betting due to its established community of players and high stakes. Its success can also be attributed to the fact that it is one of the few esports where players can actually make money, with winnings being divided amongst members of a winning team. Many big-name brands have also jumped on the bandwagon, with bet365 and William Hill, two of the largest online betting companies, offering in-play and laid bets on CSGO.

How Do I Place A Bet On CSGO?

To place a wager on Counter-Strike: Global Offensive (CSGO), you will need a gambling license of some sort from your home country, as well as an online or mobile account with a betting provider. Most major betting providers will offer some type of welcome bonus for signing up, so be sure to take advantage of those offers!

Once you are up and running, you can start to place bets on CSGO games. To do this, you will need to identify a winner (or a series of winners) of a Counter-Strike game. You can either search for winners on social media, or use one of the many betting websites dedicated to esports and Counter-Strike. Look for the logos of professional esports teams next to the game to place a wager on that tournament!

How Do I Calculate Win Streak (Winning Streak)?

When placing a wager on Counter-Strike, you will usually need to choose whether you want to bet on the winner (win), or if you want to calculate a win streak. A win streak is simply placing successive bets on the outcome of a game, with the bet increasing in size as the number of wins rises.

If you choose to calculate a win streak, then once you have placed your first wager on the game, you will need to wait for the end of the game before placing the next. You can take advantage of this by placing a lay bet on the game (which is usually the same as a win bet, but with the betting partner having no obligation to pay out) to earn free money while you watch the outcome. You can then place another bet or join a waiting list to increase the size of your stake. This is popular among low-stakes gamblers seeking some excitement in their betting lives, but it can also be a reliable way of earning a small return on investment.

Which Bookmaker Does ESGO Play Thru?

To find out which bookmaker you should be using for your esports betting, check out our guide to the best online betting houses for esports.

Which Bookmaker Does CSGO Use?

BookMaker is the most popular esports bookmaker, with millions of users across the globe seeking to place bets on their favorite esports teams and players. They offer a wide variety of betting products, including in-play and lay bets, as well as props and futures on upcoming esports championships. Players can also utilize social media accounts to follow their favorite teams and get news updates from the brands they love.

Users can easily navigate their way around BookMaker’s website, with stats on each of the teams and players easily accessible, along with up-to-date news stories. The site is fairly easy to use, making it accessible to even those who have never placed a wager before. In fact, BookMaker was named one of the top 20 gaming websites by Time Magazine this year, demonstrating the increasing popularity of esports betting among the general public.

How Do I Get My Winnings?

You will start to see results from your betting, whether you win or lose, within 24 hours of placing your bets. However, it could take a little while longer before you get your earnings. Some sportsbooks, including BookMaker, take 7 to 10 days to process payments, which is more than enough time for you to take advantage of any winning streaks you might have calculated!

The key benefits of esports betting are the fact that it’s easily accessible and that there’s always someone on hand to help if you need it. However, there are also some drawbacks, with large quantities of fake news being circulated around online communities, along with some questionable betting practices. This is why it’s important to do your research before jumping in, as there are always risks involved in any type of gambling.

Overall, most people feel that esports betting is a good idea and, as a result, more and more people are participating in this type of gaming. The excitement around major esports tournaments, such as the 2020 Olympics in Tokyo, is unrivaled, with thousands of fans traveling to Japan to see their favorite players compete. With more and more people seeking to place bets on these games, the industry has grown by 62% in the past year alone.