Esports betting is a form of gambling that involves wagering on the outcome of video game events. It is currently legal in some states and is expected to grow in popularity.
Unlike traditional sports, esports matches are regulated by integrity commissions that guarantee fairness. This is a major advantage for esports bettors.
Esports betting is a new form of gambling that is growing in popularity. It can be fun and exciting, but there are also some risks involved.
Before you start betting on esports, it is important to understand how the process works. Most esports betting sites will allow you to place your bets by clicking on the desired odds and deciding how much you want to risk.
The legality of esports betting depends on the country in which you live. Some places do not have laws that prohibit it, while others require special regulation. In some cases, it is even possible to bet on esports events that do not fall under the jurisdiction of a gambling authority.
Aside from the legality of esports betting, there are also some key aspects that must be taken into consideration. One of these is the security of your money.
Fortunately, there are plenty of esports betting sites that take care to keep your personal information safe. Moreover, they offer payment methods that are super fast and secure.
Some of them even allow you to make payments with cryptocurrencies, such as Bitcoin. These are extremely popular among punters as they give you more control over your budget. Besides, you can also use prepaid cards to make deposits and withdrawals at an esports betting site. The key here is to choose a reputable and licensed betting site that accepts these methods.
Types of bets accepted
There are a number of different types of bets accepted by online betting sites. These include outright bets, handicap wagers, total wagers and correct score bets.
These are a great way to increase your chances of winning on an esports game. This is especially helpful if you have a team or player you think will perform well in the game.
In a similar vein to accumulators, system bets allow you to make multiple selections with the chance of getting a payout if all your selections win. However, they’re more risky than accumulators as you can lose your stake if one of the selections doesn’t win.
The most common type of esports bet is match winner, which is a simple betting prediction on the outcome of a game. This can be a good option for novice esports bettors, as it’s easy to understand and doesn’t require a lot of skill.
Esports betting has a wide variety of payment options that make it more convenient than ever to wager on eSports. These include credit and debit cards, prepaid cards, online wallets, and more.
PayPal is a popular option for esports bettors, as it allows players to transfer money without having to share their personal financial information. In addition, this method is secure and reliable.
Another popular esports betting deposit method is Revolut. It has a fast processing time and offers 5 no-commission withdrawals of up to EUR200 per month.
In addition to PayPal, a growing number of esports betting sites accept credit and debit cards. These include MasterCard, Discover card, and American Express.
These payments methods are a great way to start making bets on esports games and tournaments. But before you begin, it’s important to research the best esports betting sites and find out about the deposit and withdrawal options available. Also, be sure to check the security measures in place.
Live eSports bets
One of the most exciting ways to place eSports bets is live betting, which is also known as in-game betting. This method of wagering is the closest you can get to watching a real-time match without being a professional player yourself.
While this type of esports bet is not a new addition to the betting industry, it has been increasingly popular over the past few years. It gives you a chance to see the changes in the match as it develops and make better bets as a result.
The most common eSports bets are outrights, spreads, and over/unders. However, some eSports sites offer more exotic options such as prop bets and futures bets.
Props are bets on specific outcomes that occur within a game, such as who draws first blood or the first team to ten kills. These bets can have great odds and can often pay out big money.