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What Should I Look for in an Esports Betting Site?

There are several important questions you should look into before choosing your online sportsbook to place esports bets at:

Can I Trust the Sportsbook?

Esports books are just as regulated as any other sportsbook. All odds are calculated by expert bookmakers, and you’re safe to place your wagering funds on the events. In order to remain competitive, it’s in their best interests to keep their odds as reasonable as possible. All numbers are calculated, checked, and double checked. The result is a fair book that you can trust.

How Good Are the Prices for Esports?

The prices for esport betting are kept competitive. The bookmakers offer what they think the market will bear, which means that they have to stay in line with competing companies. The result is that all prices for esports are as reasonable as those that you might find on any other book. Just because esports is a relatively new industry, it doesn’t mean that they don’t follow the same rigorous rules and assessments as other gaming options.

What Kind of Promotional Value Does the Sportsbook Offer?

The sportsbook offers punters a wide variety of promotions. You’re guaranteed to find a wide array of offers waiting for you, depending on what is happening with the markets. Often, certain promotions will only be available for certain events and markets, such as LOL esport markets. And you will also have to ensure that all qualifying wagers meet certain conditions, such as minimum stakes and odds requirements. Despite these conditions, you should have no problems enjoying exceptional promotions from the sportsbook, such as that provided by The Score esports.

What Type of Bets Can I Place on Esports?

Esports betting offers all the same kinds of wagers as regular sports. Most events will have the option of outright wagers. This means that you will bet on the eventual champion of the entire tournament. You can also pick individual events out of the tournament to bet on, by using available winner odds for each match. And you can wager on points as well. Plus, you may find a number of other odds available for bets, such as promotion or relegation odds if the tournament operates on that kind of system.

type of bets

Is It Legal to Place Bets on Esports?

In most countries where online gambling is regulated, esports betting falls under the same legal framework as traditional sports betting. This means that licensed bookmakers are required to follow national gambling laws, consumer protection rules, and responsible gaming standards.

However, the legality of esports betting still depends on where you live. Some regions have fully regulated online betting markets, while others restrict or ban certain forms of online wagering altogether. Before placing any bets, it is always important to check the local gambling laws that apply in your country or state.

Who Regulates Esports Betting?

Who Regulates Esports Betting

Esports betting is generally regulated by the same authorities that oversee traditional sports betting. These regulatory bodies are responsible for issuing licenses, monitoring operator activity, enforcing fair play standards, and protecting players.

In regulated markets, bookmakers must meet strict requirements related to financial security, player data protection, anti-money laundering policies, and responsible gambling tools. Operators that fail to comply with these standards risk heavy fines, license suspension, or complete shutdown.

Well-known regulatory authorities include government commissions and independent gambling regulators across Europe, North America, parts of Asia, and other regulated regions. While the specific authority differs by country, the purpose remains the same: to ensure a safe and fair betting environment for players.

How Old Do I Have to Be to Bet on Esports?

The minimum age for esports betting follows the same age restrictions as traditional sports betting in most jurisdictions. In many countries, the legal age is 18, while in some regions it may be 21.

Licensed bookmakers are legally required to verify the age and identity of their customers before allowing withdrawals. If an underage player attempts to place bets, any winnings can be voided, and the account may be permanently closed. Betting while underage is treated as a legal offense in most regulated markets.

To stay protected, always make sure you meet the local age requirements before creating an esports betting account.

How Can I Be Sure Matches Are Fair?

Esports news lets you keep up with the latest likely odds. As far as the matches themselves go, the industry is largely self regulating, much like any sports industry. Esports teams take their work seriously, and it is in their best interests to provide a fair game. They are, after all, playing to win. As with sports in general, the likelihood that esports teams or players will throw a game for financial rewards is extremely low.

FAQ

Bookmakers involved in esports betting generally offer a number of ways to deposit money and to withdraw any wins.

Using Mastercard/VISA to Deposit for Esports Betting

When it comes to depositing money in your account, you are best off using Mastercard or Visa. These systems allow for an immediate transfer of funds. You may have to go through some verification procedures, depending on who you bank with. But in general, the transaction is the same as any other online transaction.

Can You Use Bitcoin (BTC) to Bet on Esports?

There are a number of online bookmakers that allow you to place your wager top sports in Bitcoin. This cryptocurrency has exploded in the last few years, becoming a preferred investment option for many people. However, it’s uncertain how long the bubble will last before it bursts. If you are looking to wager with BTC, you can find certain places that provide this opportunity.

Other Methods of Deposits for Esport Betting

There are a number of other useful money transfer options that are on offer from bookmakers for wagering on esports live. Skrill, Paypal, and others are all convenient ways of transferring funds to your account. The different companies do take a different amount of a cut, depending on what their rates are. Some of these companies are designed specifically with online gambling in mind. If you’re looking for a convenient way of moving your wagering funds around, it may be worth your while investigating these options.

The esports arena has exploded in recent years, with tournaments taking place around the world for incredibly high rewards. As a result, the profits available to punters and the number of markets on offer have never been bigger. Current trends suggest that by 2024, around 15.4 million people around the world will be wagering on esports tournaments. The biggest areas for it remain North America and East Asia.

How Much Money Is Bet Worldwide?

The value of these bets, by 2025, is expected to reach 29.8 billion USD.

What Regions Bet the Most on Esports?

North America and East Asia have traditionally been the home of esports events. They have some of the biggest tournaments around, and bookmakers in these parts of the world have been a step ahead of the curve when it comes to providing odds on events. Europe is next, with a wide number of tournaments and events taking place here and a correspondingly broad number of markets available. South America also has a fairly significant esports presence.

Most esports bets are placed in much the same way as regular sports wagers. Bookmakers offer a wide selection of markets and odds, covering many different outcomes. Competitive odds ensure that the market is reasonable, and that you’re able to get a fair go on your chosen market, for the best esports results.

Fantasy Esports Betting

Fantasy esports betting operates in the same way as regular fantasy sports betting. You can put together a team of your ideal players, and watch how they progress in whatever leagues and sports they are involved in. The more success they have, the more money you win back.

Item/Skin Esports Bets

This kind of wagering is unique to esports. Essentially, in place of a cash stake, you wager an item you own within the game. This form of wagering has become popular among online gaming communities and is big enough that you can carry out transactions within Steam online exchange.

Social Esports Bets

This form of wagering is essentially a casual approach to making gaming a little bit more interesting. Wagers are placed between friends and acquaintances on a casual basis, with no bookmaker or middle party involved. It’s a low friction approach that isn’t intended to make a huge amount of money.