IS ESPORTS BETTING A THING? () 09:02 AM CEST - Sep,12 2020
Yes, esports betting is currently a Real and Big thing! With a majority of real-life games suddenly halted, the betting world has now put action on E-sports. Within this unprecedented period of time, video games and esports gambling have transformed into a darling for casinos.
Despite being a relatively new form of betting and getting off to a remarkably slow start, E-sports betting has surprisingly gained significant appraisal and popularity within the gambling industry over the last few months.
This is an impressively massive figure, particularly when considering that esports games are still somewhat ‘not fully’ over the radar. These days, the global esports fan base is massive, although it is still nowhere close to the global fan bases associated with traditional sports like football, tennis, and soccer.
Most individuals outside these popular fan base categories have no idea what esports games and esports gaming are about; or even on betting on them.
So, exactly what are esports and what is esports betting all about? Here is a quick overview of esports, and everything you should know about esports and esports betting.
Esports is a collective term that represents electronic sports, and it essentially defines competitive gaming. In essence, we are talking of individuals playing video games against one another in a competition.
Surprisingly, this is not a new occurrence as it has been happening in our homes since the debut of the first gaming consoles and home computers.
Back then, the ONLY way we could play video games against some ‘real-life’ opponents were you and your opponent sitting in front of the same computer/gaming console.
Currently, though, we can also compete with our opponents over the internet. This means we can now play against a player from virtually anywhere across the globe while at the comfort of our homes.
How to get started with Esports Betting
So, now that you have a little understanding of what esports is all about, it is important to understand how esports betting works. If you are ready to start, here at Comeon Casino are some different esport betting options you can try out.
Typically, the first and most important step is to learn on the different forms of esports betting, and they are as follows:
- Real money betting
- Challenge betting
- Social betting
- Item & Skin betting
- Fantasy esports
Real money betting is perhaps the most common type of esports betting around. Also called fixed odds betting, this form of esports betting is perhaps the simplest and easiest way of making money through esports betting.
Better yet, it is not only fun, but also quite straightforward and all you need is a few basics like opening a betting account, depositing funds, picking your games, and placing your bets…simple, right?
In fact, it’s even easier for you if you are already acquainted with traditional sports betting. Real money esports betting is fundamentally similar to fixed-odds sports betting.
All you need to do is place your wagers on the outcome of the given esports events as opposed to the results of other sports. This is literally the primary and sole difference.
As for challenge betting, it is a unique form of betting that is more suited for professional gamers than skilled bettors. The fundamental idea behind this form of betting is that you directly compete against other gamers for a preset stake.
With social betting, this is essentially about making private wagers with other persons, and it is fundamentally a terrible idea. Why? If you are not sure of the individuals you are betting with, there remains a major risk that you may be ripped off one way or another.
Nonetheless, you can decide to bet with only your friends, although this too comes with its set of challenges. Undeniably, betting can easily result in stupid arguments, notwithstanding how small or big the money at stake is.
Question is, are you willing to risk falling out with your colleagues over a simple bet? Well, if you are certain you can do it professionally, then go ahead.
Finally, fantasy esports and item/skin betting are also other forms of esports betting, which you can engage in. Like the options mentioned above, they can also be remarkably exciting and fun, and they all offer the potential to make real money.
NOTE: You must remember that you need not learn about all these forms of betting to get started. What's crucial is that you learn about the only games that you plan to place your bets on, and get going.
Ultimately, while the exciting esports industry is still quite new and young, it is growing at a remarkably incredible pace. Therefore, you should keep up with everything that is transpiring if you dream of being a successful esports gambler/bettor.
Ideally, the more you are familiar with what esports is all about, and how to bet on the esports games, the more your chances of getting profitable betting opportunities.