How to Start Betting in CSGO

Counter-Strike: Global Offensive is one of the most popular first-person-shooter (FPS) games around today. It was developed by Valve and released in 2001, launching the ‘tactical shooter’ genre and cementing the company’s status as one of the industry’s most prolific creators. Since its release, the game has maintained a dedicated and passionate following, spawning numerous additional sequels and spin-offs.

Now, as you may have guessed, the world of betting is well and truly integrated into the game. You can place wagers both in  and out of game on any CSGO-related subject; there are bookmakers for practically every league, team and cup competition. And if that wasn’t enough, you can also get hooked on social media, where users will happily wager on the game’s biggest stories and current affairs.

With this in mind, allow us to introduce you to the fascinating world of CSGO betting. We will cover everything you need to know about setting up shop and starting to make some serious cash. So sit back, relax and get ready to bet!

The Basics

To begin with, let’s take a quick look at the basics. CSGO is a team-based game, which means that you’ll be doing most of your betting on popular teams and players rather than individual achievements. The upside is that this will make your winnings more consistent; the downside is that you may experience more draws (betting scenarios where both teams achieve the same result). Another thing to keep in mind is that, because CSGO is a team-based game, your bets will be commencing and resolving on a team basis. This means that you’ll have to decide beforehand how you intend on betting, as it’s not possible to alter your bets once the game has started. 

Where Can I Bet?

Counter-Strike: Global Offensive is, ultimately, a platform for online betting. That being said, you can also bet on the game’s companion app, which is available for Android and iOS devices. The downside to this method is that you’ll have to log in to your app each time you want to place a bet, which can be cumbersome. The upside is that, since the app is iOS and Android-native, transactions are virtually instant and very secure.

How Do I Place A Bet?

On to the good stuff now! It’s time to talk about how you place a bet in CSGO. Nowadays, online betting applications make the whole process of placing a bet very convenient and user-friendly. Some of the more prominent bookmakers will even allow you to do all of your bets through their apps, meaning you don’t have to leave the house. You’ll just have to make sure that you’re applying the correct credit cards on file and that you’ve enabled 2-factor authentication (2FA) on your account. Once that’s done, all you have to do is make a bet with the click of a button.

Additional Information

As we’ve established, Counter-Strike: Global Offensive is a widely used platform for online betting. That being said, there’s a little more to know beyond just placing bets. First off, check out the relevant laws where you live, as some countries (especially those in the EU) have quite strict regulations regarding gambling. In most countries, including the UK where we reside, gambling is considered illegal unless it’s regulated by the Government and accepted by the community. In other words, you can’t run a bunch of amateur gambling wagers from your cubbyhole in an effort to hit a jackpot. That’s why, if you’re new to the world of CSGO betting, we recommend you first learn the basics (as discussed above) and only then venture into the wilderness of hacking and betting. It’s not something for anyone to do hobby-wise, especially in the current political climate.

With that in mind, let’s get back to the matter at hand. Once you’ve mastered the basics, it’s time to move on to the more advanced aspects of CSGO betting. This includes everything from chasing winning possibilities to making sense of CSGO’s futuristically-patterned odds that shape the meta-game as we know it.

Making A Profit

Counter-Strike: Global Offensive is a video game, therefore it’s obviously intended for entertainment purposes. This being said, you’ll be doing your betting on the side of entertainment, so it’s not necessarily illogical to make a profit from it. What is illogical, perhaps, is expecting to turn a profit from CSGO betting alone. There are numerous legal and regulatory hurdles that you will need to jump over before you can open a money making account. To give you an indication of how much money you can expect to make, Steam Economics calculated that, based on current races and odds, a perfect user could accumulate over 100 000 rupees (£1,270) in hourly winnings, which is more than sufficient to cover the annual salary of a skilled professional. Not bad for a hobby.

Future-Proof Betting

If you’re looking to make a long-term investment in CSGO betting, you need to ask yourself if now is the right time to enter the market. One important consideration is the issue of FUTURE PROTECTION in which, for some reason, soccer fans have taken a special interest. Basically, if you bet on a fixture that has FUTURE PROTECTION scheduled, you’ll want to bet on the over/under of the permitted score line. This is because, if the team in question wins the match, they’ll most likely score a number of goals greater than the permitted score line, therefore your stake will most likely be returned (plus some bonuses for winnings and late strollers). The reverse is true if they defeat the permitted score line. Naturally, you’ll want to bet on the under (if you’re a biter) or over (if you’re a biter cross) in these circumstances.

Another thing to keep in mind is that, in some countries, you’re actually required to have a licence to bet (or at least be allowed to do so on a professional level). For example, in the UK, you’ll need to get a ‘Sportsbook Licence’ (SBL) from the relevant licensing body (IGBA) if you want to operate a sportsbook (in an effort to turn a profit from sports gambling) on a CSGO platform. The upside of this requirement is that it means you can only operate a legal sportsbook in a licensed venue.

More Information

If you have any other questions about CSGO betting or if you want to learn more, we’re happy to answer any of your questions via email (info@lonelygamblers.com) or live chat (available via www.lonelygamblers.com/chat).