For a long time, the concept of betting was always tied to traditional sports. Most betting shops were only an extension of the football culture. But the emergence of online bookmakers changed a lot of things. Suddenly betting was accessible to everyone. They would receive valuable statistics to guide them through their betting from these online platforms. This digitalisation is also what gave rise to betting on esports.
However, esports betting existed even before that, but participation was only for the chosen few. But today, many people are engaging in these iconic games, and that is why the betting spotlight is on esports. With that said, here is how you bet on these matches like a pro.
1. Understand the Odds
Odds are odds; it doesn’t matter what you are betting on. Betting on esports is simplified because of the many betting sites that offer help, especially new betters. But the first thing you need to do is understand the odds and the markets. That is what sets the pros apart; it’s what increases your chances of winning. You use odds to calculate how much money you are likely to make from a single bet. The three main formats you have to understand are decimal, fractional, and American or Moneyline.
Decimal is the simplest of all the three formats; it shows you exactly how much you stand to gain from a winning wager. British betting fans are familiar with the fractional odds. With these odds, the main thing you have to remember is that they won’t include your original wagering amount. A lot of bookmakers are now including American odds on esports betting. Because esports betting is now a global phenomenon, it’s good to understand the American odds too. Ensure you go into details about these odds if you want to be a successful bettor.
2. Choose Your Esports Betting Provider Wisely
For you to bet like a pro, everything has to work in your favour. The internet is flooded with betting sites these days, but choosing one has to be given some thought. Finding the right site means finding the one that increases your chances of winning the most. Choose a provider that offers high odds and the most markers in the category you are interested in. comparison is crucial at this point, so go through different sites and compare them.
Some operators have specialised in one or a few games like Dota 2 or Global Offensive. But some sites have a full range of esports games, including all the popular ones. These are some of the considerations you have to make when selecting a betting provider. It’s only logical that you pick a provider that allows you to bet on all your favourite esports matches if you like to bet on a range of games.
But you should also know that betting operators that focus only on one or two games usually have better betting options. As you can see, this will be a decision that needs a lot of thought. Ensure you make the best choice that favours you and your betting.
3. Do Your Homework Before Every Match
Most esports matches are decided by a very small margin. A minor mistake can cost you your winnings; you have to be armed with correct information at all times. Most betters have a strategy to place bets, and they stick to it through thick and thin. But if you want to bet like a pro, don’t be too opposed to change. Your betting approach needs to be versatile, and for that to happen, you need to analyse and research before matches.
If you cannot adapt to changing conditions in esports matches, you will not be walking away with any winnings. Analyse the players coming into the match by going through their match history before the tournament starts. This is critical when you want to be a better esports punter. You need to have more than one betting strategy to be safe. If you usually bet on handicap matches, but they are not very fruitful, try another market.
4. Keep Track Of Your Bets
Keeping records of your losses and wins, and bets is the first step in ensuring longevity and success in esports betting. Pro bettors take their betting very seriously; it’s almost like a business. Well, that is not necessarily the mentality you need, but record-keeping is still crucial. You should know how much you won and lost on betting and if you are down or up in general.
The next step is analysing your performance. Your betting history will give you a lot of clues that you never knew you needed. You will know what is working in your betting endeavours and what is not working.
Take all the clues and conclusions from your history to better your future betting. Keeping records should be part of the process, especially when you are starting. When you identify the good and the bad, it becomes easy to continue with the winning streak and let go of what doesn’t work. The most important things you need to keep track of are the type of game and the outcomes. You should also keep track of the odds and the spreads you got.
These are tips for betting on esports like a pro, even if you are just starting. You must always be prepared. Be flexible and always understand the odds before you place a bet. Esports betting is not something you wake up, and you are good at it. You have to work on your craft until you become the best at analysing odds and placing wagers.