One of the most popular eSports in the world is Counter-Strike: Global Offensive (CS:GO). With millions of dollars on the line, fans want to make sure their favorite players win the big games and rack up the big scores!
What if we told you there was a way to bet on eSports and make a quick fortune? Believe it or not, there is. And the best part is, you don’t need to do anything fancy. You just need the right information and some basic math.
We spoke with Chris Moneymaker, CEO of Predictive eSports, who explained how to bet on eSports and made $100,000 just four months ago.
How To Bet On eSports
So you want to start betting on eSports? Great! There are a few things you need to do. First, you need to decide how much you’re going to bet. There are plenty of legal betting sites for poker, sports…even eSports! You’ll need to make sure the site you choose supports football, basketball, and baseball and offers odds in those games as well as on eSports.
Once you have your betting account set up on the site you chose, all you have to do is bet on the games you love. The rest will take care of themselves. If you follow Moneymaker’s four-step process, you’ll be able to make quick money off the new found skill and enjoy the lifestyle eSports has to offer.
Step one: Find patterns
The first step in winning bets on eSports is by analyzing the odds and determining which teams and players are the favorites. If you’re new to betting or if the game doesn’t appeal to you, there are plenty of other sports books you can explore. For instance, if you love MMA, you can bet on the fights or look for a boxing book that offers good odds.
If you want to make quick money off eSports, it’s imperative you find the best odds available. Fortunately, that’s pretty easy to do. You simply need to search for the game you’re interested in and enter the arena name into the search bar. You’ll quickly see the odds for various betting sites. Knowing where to find the best odds is half the battle. The other half is simply following the numbers.
Step two: Identify weaknesses
Once you’ve found the best odds, you’ll want to explore the team and player tendencies in depth. You do this by looking at the results of past games. The more games you look at, the better. It’s important not to get too attached to any one outcome though. Instead, find the general trend and follow it.
If you look at a team’s results over a period of time, you’ll notice certain trends emerge. For example, let’s say you look at Team SoloMid’s (TSM) results over the past year and find that they’re always placing high in tournaments but rarely win them. You might conclude that they’re a bit of an underachiever and not willing to put in the necessary effort to improve. In that case, you could wager that they’ll underperform compared to their potential in the upcoming season.
Step three: Identify strengths
While you’re exploring team and player tendencies, you need to be careful not to get too attached to any one outcome. That’s why it’s important to look at a team’s results over a period of time. You’ll see certain patterns emerge that can help you determine their true nature. For example, TSM mentioned above has a tendency to underperform in major competitions but is able to place high in small-scale tournaments. This can help you decide whether or not they’re a consistent underachiever. Or, it could be that they have an off day every now and then and need to be given a chance to rebound. In which case, you might want to place a wager that they’ll have a good tournament run this upcoming season.
Once you’ve determined the strengths and weaknesses of each team and player, it’s time to work on identifying patterns. These are the things you’ll need to watch for as a gambler. If you’re completely new to betting or thinking about exploring it as a career, it’s important you learn how to spot these trends. Otherwise, you’ll quickly find yourself not making money and instead losing it. There are countless examples of people who’ve started out simply guessing odds and ended up losing thousands because they didn’t know how to analyze the data correctly.
Step four: Place winning bets
Once you’ve got your patterns figured out, it’s time to place winning bets. The simplest way to do this is to follow the same steps described above. For example, if you look at Virtus.pro’s (VP) history in tournaments, you’ll notice they are always a bit of underdogs, but they’re also willing to upset the odds. Place a wager on them whenever this is the case. As mentioned above, you’ll find lots of books that offer odds for eSports. However, if you want to stand a chance of winning, it’s imperative you go with the best. Check out betonthestars.eu and make sure you place your wagers there. This website is the biggest and most popular betting site for eSports. It also offers lots of different games, which means you’re bound to find odds for almost any game you might want to bet on.
After you’ve followed these steps, it’s time to cash in. You’ll be able to choose your payout method and currency. Most likely you’ll want to use either US dollars or euros. If you happen to use a credit card, be sure to report it as a win since the money will be deposited into your account shortly anyway.
As long as you follow these steps, you’ll be able to make quick cash off of eSports. You don’t need to be an expert to do this. You just need to follow the basics and apply what you’ve learned. This is how you can make money off eSports. And considering the odds are in your favor and the competition is usually low-quality, it’s pretty easy to make some quick cash off this new found hobby. Who knows – maybe one day you’ll even be able to support your family with what you make off this new sport. For now, though, it’s time to simply enjoy the learning experience and make some money off the things you love.