Canadian casinos now offer eSports betting.
How to Bet on eSports: A Primer. If you go to a reputable online casino like William Hill’s, which has a full sportsbook, you will likely find that eSports betting is an option. Electronic sports can be referred to in a number of different ways, including as eSports, e-sports, and Esports, although they all mean the same thing.
Answering the question, “What are eSports?”
The likes of football, basketball, and hockey have little in common with eSports. Instead, it’s used to describe a competitive environment for playing video games on a computer or console. The goal of an eSports competition is to win against as many other competitors as possible, whether they be a team or an individual.
If you’re thinking that this is just like a bunch of pals hanging together and playing video games, the difference is that this is being done for financial gain. Official competitions and tournaments in eSports now provide enormous sums of money to the best players in the world. Thousands of people can attend these tournaments and events in person, and millions more can watch online.
There have been estimates that by 2020 this emerging market will be valued close to $1 billion. As a result, it’s not surprising that more and more teams and individuals are devoting their life to eSports. Just like competitors in more traditional sports, these professional teams and players (known as eSports athletes) devote every waking moment to training, competition, or recovery.
Betted-on eSports Popularity
Some eSports are more well followed than others, but there are likely as many of them as there are traditional sports. Given that most eSports betting is done through online sportsbooks, it makes sense to quickly review the three most popular eSports right now.
CS:GO
Counter-Strike: Global Offensive, or CS:GO for short, is a first-person shooter in which two opposing teams of players compete to complete a series of objectives. Terrorists and Counter-Terrorists are the team names, and their goals are always at odds with one another. Terrorists and counter-terrorists might each have to try to plant and defuse a bomb, respectively. The squad that succeeds first in its mission wins.
Dota 2
Another matchup when both clubs have their own home turf advantage. To win, each team must eliminate the other’s home base. At the same time, it is imperative that the teams secure their own bases. The team that succeeds in destroying the opposing base first wins. Any fan of role-playing games (RPGs) will appreciate that all of this takes place in a fantastical setting.
“League of Legends”
League of Legends’ structure and goals are strikingly similar to those of Dota 2. The objective of this competition is for two teams to race to be the first to destroy their opponent’s base. In this case, though, the action occurs in a world where fantasy and horror collide, and players can level up their characters by amassing gold.
Markets for wagering on eSports
Despite the vast variety of games in the contemporary eSports scene, the most popular betting markets have a surprisingly uniform feel. Here are the most popular eSports betting options.
Bets on a Match
Picking the winner of the match is as easy as picking a winner in this simplest of markets. If you wager on a winning team, you get your winnings. Each team’s odds reflect the sportsbook’s assessment of its likelihood of winning based on historical performance and current trends.
In handicapping a match,
Match Betting Handicap markets exist to help level the playing field when the odds favor the underdog in an eSports match. The underdog squad is theoretically favored here, while the favorite team gets penalized. Bet on your favorite team, and if they come out on top, either because of the edge or in spite of it, you’ll collect.
That’s right
The ‘best of three’ format is commonly used in esports contests. This means that there may be as many as three games played, and the side with the most wins would be the champion. Betting on a team’s overall performance is possible in the Correct Score market; for example, you may wager on the favorite or their opponents to win by a score of 2-0 or 2-1. The odds are higher since this is a more difficult bet to win than the others we’ve looked at.
One who wins the map
Earlier, we said that there are usually multiple games in a tournament. Because each takes place in a unique region of the gaming universe, they are collectively referred to as “maps.” Bets placed in this market are for the specific map victory only, not the overall match victory. If you’re familiar with set betting in tennis, you’ll have a good grasp of this.
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