Exploring the diverse landscape of esports betting reveals an intriguing array of wagering options. This section discusses different bet types, each offering unique appeal and challenges.?
Social and Challenge Betting
Privately arranged social betting occurs in more informal settings, often among friends or within gaming communities. It involves individuals betting on the outcomes of esports matches or events using personal agreements and stakes. While it lacks the structure and regulation of online sportsbooks, social betting highlights the social and recreational aspect of esports.
Skin & Item Betting
It involves in-game virtual items, such as skins, as a form of currency to place bets on matches or other outcomes. Esports skin betting is particularly prevalent in games like Counter-Strike: Global Offensive (CS:GO), where skins hold significant value. However, it’s worth noting that skin betting has faced legal and ethical challenges, and it’s essential for bettors to use reputable platforms and be aware of the potential risks involved.?
Real Money Bets
Real-money wagering at online sportsbooks entails placing bets using real currency on established esports betting sites. These platforms provide diverse events and markets, allowing bettors to wager on match outcomes, player performances, and in-game events. Real-money wagering in online sportsbooks unquestionably tops the list of the best esports bet types due to its widespread availability, diverse betting options, and potential for large winnings.
Fantasy Esports Gaming
Esports fantasy betting poses a captivating twist to known sports fantasy leagues. Participants act as team managers, curating their dream roster from a pool of available players representing esports teams. The core concept is strategically choosing players based on their performance and potential in upcoming esports events.
As the actual matches unfold, the performance of your selected players directly influences your team’s success. Points are earned based on criteria such as:?
These points largely depend on the fantasy league and accumulate throughout the tournament or event, reflecting the real-world prowess of your fantasy roster.
The ultimate thrill of fantasy competition lies in the head-to-head competition against other teams. As the event progresses, you can see how your team’s accumulated points measure against the performances of rival players. The manager whose roster amasses the most points emerges victorious, claiming prizes or rewards along with bragging rights.
Betting on Streamers
Live stream betting allows viewers to immerse themselves in the excitement of esports tournaments as they wager on the outcomes of live matches played by streamers. Often highly skilled gamers, these streamers attract audiences eager to witness their gaming aptitude.
This betting practice transforms passive spectators into active participants. As viewers engage with their favorite streamers, live stream betting creates a vibrant community where gaming knowledge and intuition can translate into thrilling wins.?
Match Winner
Arguably the most straightforward bet type you’re probably already familiar with, even if you’ve never actually bet on any sports match. Also known as a moneyline bet, it’s one of the most common bet types: which team or person do you think will win the match? ?
Outright Bet – Moneyline
If you’re the kind of person who likes to make grand predictions, you’ll love an outright bet. In this method of wagering, you are putting money down on who will win the entire tournament or full league season. It’s a more exciting type of bet because it requires more analysis and prediction. Reputable online sportsbook betting sites will let you make these well in advance of the actual competition.
Aka Accumulator
Accumulator and system bets are the most popular bets at sports betting sites because the stacked odds can result in large winnings. Of course, the more events you add to your bet slip, the higher the risk. The same is true in esports. These betting types are the most advanced, the riskiest, but also the most potentially rewarding.
Esports Specific Online Bets
Because of the nature of video games, you can only make some types of bets when you wager on the outcomes of electronic video game contests. For instance, betting on League of Legends includes wagers on which team will win the first map, or in CS:GO, you could bet on who will be the first to get five kills.
You can find more exotic offers on some sportsbook sites with a heavy esports focus. An example of this type of wagering coming from League of Legends is which team will destroy the first tower, dragon, or inhibitor. These exotic bets are best left to those with a better understanding of certain games.