How to Start CSGO Betting (and When to Stop)

It’s time to take a gamble. Whether you’re an experienced sports bettor or this is your first venture into the world of wagering, you’ve arrived at the right place. If you’re curious about how to start making wagers on eSports (video game tournaments) then this article is for you. We will walk you through the steps to take before placing your first bet and give you some insight into the betting world of Counter-Strike Global Offensive (CS:GO).

Why Counter-Strike Global Offensive?

Although there are a variety of eSports to choose from, few are as popular or as engaging to bet on as Counter-Strike Global Offensive (CS:GO). Popularized by Valve, the popular game developer, CS:GO is a first-person shooter that utilizes a variety of gameplay styles, including deathmatches and team-based modes. The action can be fast-paced and engaging, offering a perfect blend of strategy and chance. What’s not to like?

What Do I Need To Start?

For those of you who would like to try your hand at CSGO betting, you will need the following items:

  • A Computer or Laptop (notepad and internet connection are also recommended)
  • A phone or tablet to access the CSGO mobile app (iOS and Android are both supported)
  • A bank account (or accounts) to make deposits and withdrawals
  • A place to keep your winnings (savings account is recommended)
  • Some form of motivation (such as cryptocurrency or fame)
  • Some risk capital (to put on bets)

How Do I Place A Bet?

The first step to place a wager in CSGO is to open an account with a sportsbook. is a popular choice when it comes to placing bets on CSGO as they offer competitive odds and quick payouts when your bet is won. Once you’ve opened an account with them, you’re ready to place a bet.

To place your first bet, access their website from a computer or mobile device and click the “Sportsbook” button at the top of their homepage. You will then be directed to their sportsbook page where you can see a variety of betting options. To place a bet on CSGO, all you need to do is select the game and the amount you would like to wager. For more information on how to place a bet in general, check out our article on placing bets online.

If you’re on the hunt for a way to place wagers with no fee attached, you may want to consider using a Bitcoin-friendly sportsbook. Whilst there is no charge to make a bet with most sportsbooks, some do require a “tip” on top of your winning amount.

How Do I Withdraw My Winnings?

Let’s say you’ve won £100 on a £20 bet. As exciting as that was, you now need to make a quick withdrawal. To do this, you will need to contact the support team at your bookmaker and make a note of the following information:

  • Your full name
  • The email address you used to make the deposit
  • The amount you want to withdraw (in GBP)
  • The reason for the withdrawal (you won the money)
  • Whether you’re planning on making future deposits with the same account or not

Once your support team has verified your identity, they will send you a message directing you to the applicable webpage. On this page, you will have the option of converting your cash into a variety of crypto-currencies or transferring it to a physical bank account. Make sure to save your payment method so you don’t have to keep reconverting your money into cash as soon as you make a withdrawal. Doing so can incur fees of up to $10 or more.

How Long Does It Take For The Winnings To Go Through?

The time it takes for your winnings to go through will vary depending on whether you’re betting online or via an offline method (such as cheque or bank transfer). For cheque or bank transfer withdrawals, it can take several days to receive the funds in full. For crypto-currency withdrawals, they may take a couple of hours or less.

Whichever method you choose, be sure to contact your bookmaker and verify the amount of your winnings before you make a withdrawal. In case there was some error with the payout, you can contact customer support and they will help you out. In most cases, this is as easy as providing your full name, date of birth, and contact details.

Once you’ve verified your identity, you can contact customer support to get your winnings. Or, if you prefer, you can wait for your funds to come directly to your account.

Are There Any Taxes That I Need To Pay?

It is important to note that, in most countries, there is a tax levied when gambling. The amount varies by jurisdiction but it is generally around 10%. However, many bookmakers and gambling sites have online tax-stripling services designed to make the process as easy and hassle-free as possible. In case you do decide to make a withdrawal, be sure to consult the site’s terms and conditions and see if there is any tax levied by the government.

What Is The Legal Status Of Gambling In My Country?

Depending on where you live, the legal status of gambling can vary. In some countries, it is strictly prohibited, whilst in other places it is perfectly acceptable. If you are unsure of how legal gambling is in your country, you can contact the nearest Gaming Commission and find out how to legally engage in wagering.

When Should I Stop Betting?

Although there is no specific rule for when you should stop betting, it’s always a good idea to take a break from wagering when you’re losing. Just like any other sport or hobby, betting can become addictive and, in some cases, harmful. If you’re finding yourself increasing your bets as the game or tournament goes on, it may be a good idea to take a break and come back when you’re feeling more confident. Or, if you’re feeling lucky, you may want to place a few more bets before the counter resets at the end of the round.

At the end of the day, there are many reputable betting opportunities out there and many different ways to make money from betting. If it’s a hobby you’re looking to invest in, then you could do worse than to look into CSGO betting. With the right bookmaker and some motivation, it is entirely possible to become a successful and happy CSGO bettor. As long as you’re keeping within the law, there are no limits to what you could achieve.