Like Betting Esports – Try These Tips

Like Betting Esports – Try These Tips

Playing video games is fun and it is something anyone can do. However, some do it much better than others which is how esports was born. These are the new millennium’s version of playground hoops gone NBA level with some of the greatest practitioners in the world routinely battling in front of a capacity audience to prove just who is the best at a number of different video games. 

But did you know there is a betting market for esports? As simply as you can wager on the NFL, NBA, NHL, Major League Baseball, and soccer to name but a few, many of the best online sportsbooks are queuing up esports on their wagering menu. Let’s discuss a few strategic betting tips for not only getting into the game but making money on it!

Know the Players

Getting historical information on the players is crucial if you want to form an educated opinion. We will grant you that some players’ records in particular categories might be difficult to obtain but as the popularity of esports grows, so too does the volume of historical data on each player and the teams they represent. 

But nothing can take the place of watching these players perform, becoming familiar with the teams and forming your own opinions. At that point, you can create your own database and determine the players’ strengths and weaknesses. Some elite gamers might be experts at Fortnite but lacking when it comes to League of Legends. Just because a player is the best in the world at one game doesn’t mean he or she will be tops in all of them.

One advantage an esports bettor has over one who wagers on professional sports is access to the players. Many of the best esports players in the world are active on various social media platforms and interact regularly with fans. You can often glean how they are feeling before a big tournament just by asking them. You are more than likely able to watch them play a practice round on a streaming service as they talk through their strategies. 

This kind of interaction is unheard of with professional athletes and it can make a big difference in your long-term investment. How you use this information will determine whether or not you are successful in becoming part of this new and exciting betting market.

Investment Strategy

Some call it money management or investment strategy but whatever term you prefer it is crucial if you want to remain in the game and not burn through your bankroll. It is of utmost importance to set aside an amount you can afford to lose without it causing you to toss and turn at night. 

Consider betting esports as you would investing in the stock market. We all know stocks can be volatile and are not for the faint of heart. Even blue-chip stocks can fall precipitously, and any money manager worth his salt will advise you to put most of your money in low-risk financial vehicles and use only a small portion towards high-flyers.

Betting esports is not being risk-averse but that doesn’t mean it’s a reckless endeavor either. Taking advantage of weak lines and making money is what it is all about, yet, like everything else in life, we need to set limits and make sure we don’t color outside the lines.

Whatever you do, limit your wagers to only those that you truly believe will win. The worst thing you can do is manufacture an opinion just to have action on a game or tournament. And if you lose early in the day, don’t chase your losses. Let it go, there will always be opportunities tomorrow. 

Choosing the Right Sportsbook

What good is betting if you won’t get paid when you win? Well, the answer is easy – no good at all. But you would be shocked at how many online sportsbooks are there to take your money with no intention of ever paying once you request a payout. These scam operators are out there and hunting for prey who know no better.

Don’t be one of them. Make sure to do your homework and find the best betting sites, those with proven track records in the industry. Remember, any online sportsbook will make it easy to deposit but many will either make it impossible to withdraw when a payout request is submitted or stall your efforts, hoping you will give up and keep betting until you lose. 

Moreover, the sportsbook you choose should have a mobile platform making it easy to place your wagers on the go. An easy-to-navigate dashboard, plenty of esports betting options, and outstanding customer service are also characteristics of a top-notch sportsbook. 

So don’t take the advice of your friend who recommends a sportsbook he uses but has never asked for a payout. Every online book will let you bet but many of them won’t pay when you win. That’s why it is of utmost importance to choose your online sportsbook wisely when you decide to fund your account. 

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