Simple Tips for Successful Esports Betting

The esports sector has continued to grow against the backdrop of a growing fan base and technological advancement.

From 2016 to 2019, esports betting UK recorded an annual growth rate of 8.5%. Additionally, the sector contributed to over £111.5 million in terms of gross value addition in the country.

Are you an enthusiast of esports and willing to increase your income betting on your favorite teams? Read on to learn how you can make the most out of esports betting.

5 Esports Betting Tips You Can Count On

Your success at esports betting will depend on how you understand the betting options, teams, players, and the betting sites you choose.

Here are a few tips for setting you off in the right direction:

1. Be Careful with Your Betting Options

You will find no much difference between traditional betting and esports betting. With this type of betting, you have in-play bets, prop bets, money lines, overs/unders, and outright winners. It is advisable to have a deeper understanding of how all the options work before you place any bet.

2. Follow Players and Teams Closely

The performance of any team depends entirely on the strength of the individual players. Whenever a team changes its personnel, the chances are high that the overall team’s performance will be affected.

You need to closely follow the teams and players to monitor any changes that could influence the overall outcome. This way, you can infer the chances of a team winning in a given bet match.

Use the internet to research about teams, from players and games played to rankings. Such information should help you make an informed decision before placing any bet.

3. Carry Out Extensive Research

One secret of succeeding in esports betting is continuously carrying out extensive research about games before betting. With the significant growth in esports, you need to stay updated with the industry's changes to bet correctly.

Start by having a deeper understanding of a particular league's mechanics, then remain in touch with the activities around the team, sponsors, players, and rules. The information you gather from such research, like player experience, strategies, coach strategies, and temperaments, will come in handy when betting.

4. Use Several Betting Sites

One of the mistakes most people betting on esports do is relying solely on one betting site. You won’t make any significant returns betting on a single site – it is advisable to diversify your investment in various bookmakers.

The industry is experiencing a rise in competition, and this has created several sportsbooks with different odds and features. Always shop around and compare the odds and features of various betting sites before settling on one. Take advantage of the fact that sportsbooks are trying to outcompete one another and invest in the sites with favorable odds.

5. Join a Betting Community

You will find it quite challenging to learn everything about esports betting on your own. You will get invaluable help and support from a gaming community. In such a community, you will meet numerous people interested in gaming who can teach you a few aspects to boost your chances of placing winning bets.

You can find such a community among your local friends, family members, or online. Social media platforms such as Facebook are an excellent place to start. However, make sure to join a community whose sole objective is to help its members learn more about esports.

Final Thoughts

Betting on esports gives you a chance to earn some cash from your hobby. However, don’t forget to appreciate the risks involved in betting. It is crucial to learn to gamble responsibly and manage your bankroll correctly to avoid incidences of spending all your money betting. Also, ensure that you invest a lot of time in research and follow different games and players closely to make informed decisions when betting.