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With esports betting gaining a high profile in recent years, you might have wondered whether it’s something that’s right for you. Before you start placing your wagers, finding out how this industry works and how to start betting safely is a smart idea. The rise in popularity of esports and streaming has helped create this industry, although it wouldn’t be possible without the advances in online betting that we’ve also seen in recent years. By combining these concepts, esports betting has become a global phenomenon that has captured the attention of millions, but there are some areas that many people aren’t completely clear about. You can bet on esports easily online, as it’s available on many sites, but they don’t all offer the same quality of choice and security. By learning which sites you can trust and how to place your bets, you’ll be in a strong position to get started with confidence.
Esports is the name given to competitive gaming events involving professional teams playing against each other. While gamers have been keen to play against each other since the technology first made this possible, it was arguably the rise of streaming from 2010 onwards that threw this activity into the mainstream by allowing more people to watch the action.
Now regarded as a billion-dollar industry, esports has been growing steadily and has been included in some traditional sporting events, most notably in Asia. There have also been attempts to introduce it into the Olympics as a new discipline and the launch of the first Olympic Esports Week in 2023 could mark the moment that it breaks through further into the mainstream.
Many of the most popular games have been around since the emergence of esports, but there’s also scope in this sector for new games to be introduced. A good example can be seen in the Counter-Strike series, as event organizers get ready to replace the massively successful CS: GO with CS2. The upcoming launches of games such as Tekken 8 and ZeroSpace could lead to these new titles joining the biggest esports games in competitive play.
As more fans have started watching esports and choosing their favorite teams, it’s no surprise that a vibrant betting market has emerged to cater for them. Just as we can place wagers on sports like basketball and soccer, we can now bet online based on the outcome of esports events and tournaments.
The rise of this way of gambling can be seen clearly when we look at the emergence of professional and
regulated esports betting sites such as Jack’s House. This site provides wagering opportunities on many of the top games such as CSA; GO, Dota 2, and Call of Duty.
To make it easier to get started, you can use cryptocurrencies to fund your betting account. This means that it’s a highly secure and convenient way of gambling that looks set to go from strength to strength as more people discover it.
In fact, the Statista website suggests that the annual growth rate could exceed 8.6% in the coming years, leading to an overall market volume projection of a staggering $5.7 billion for 2028.
The first thing you’re likely to notice when you enter an esports betting site is that it has a lot in common with traditional sports gambling, at least at first sight. You’ll see the odds listed for each match with a favorite and an underdog, just as you would if you were looking at betting on football, basketball, hockey, or another other sport.
When you look further at your esports gambling options, you’ll discover additional bet types based on areas such as the maps won or kills made. While these bets are unique to each game and based on the gameplay in it, it’s easy to find comparisons in the sports betting world where we bet on touchdowns, home runs, and so on. So anyone who has ever gambled on sports should find it easy to understand esports bets.
Before you get started, you’ll want to get to grips with the different games and tournaments you can bet on.
We can start looking at the question of how to bet on video games by considering the MOBA genre. These are multiplayer online battle arena games, which are part of the wider strategy game genre. They involve a couple of teams who each need to try and defeat the other team in some way, such as by destroying their base or killing all their members.
MOBA games are ideal for the esports world, as they can lead to engrossing battles and highly-trained teams can have players carrying out different roles. Because of this, it’s the type of game you’ll most often see on online betting sites. By studying the teams and strategies carefully, bettors can collect good winnings from MOBA games.
The next genre is called FPS, or first-person shooter, games. While the settings and the characters vary from one game to the next, the general idea is always that a team takes on their rivals using a variety of weapons. Players see the action from a first-person perspective, as though looking through the eyes of the main characters.
The excitement and non-stop action of FPS games have made it one of the most popular esports genres and is suitable for esports betting online. Some bettors have made healthy profits from these games and if you enjoy fast-paced gambling you might like to find out more.
When learning how to bet on esports, you need to understand how tournament play is such a major part of this world. The best teams take part in tournaments across the planet that often have large cash prizes up for grabs. They’re spread over the year, so you’ll almost always find something that interests you.
These events offer a tremendous opportunity for betting in esports, as they give you a chance to see the best teams compete against each other. Since it’s easy to find information on these teams, you can carry out research that helps you decide what bets to place.
Esports betting online is easily done when you understand the basics of how this works. Choose a game and a tournament you want to gamble on and then work out what exact bet you want to place. If you win, you’ll collect the amount on the bet slip and can either bet with it again or withdraw it.
The esports betting process is easy when you use a reputable, regulated site such as Jack’s House. After a short sign-up process, you’ll be asked to fund your account, which can be done using the most popular cryptocurrencies.
With all of the top tournaments included and a range of bet types in each case, you can search for the wagers you think will pay off. Whether it’s the outright winner of the event, the correct score in a match or something else, the variety of bets means you’re sure to find something you like.
Video game betting isn’t carried out in just a single way. With a variety of different ways of gambling, there’s every possibility of looking through the options and finding the way of doing so that feels right for your personality.
The incredible growth in this market has seen it move in different directions, as we all look for a way of predicting esports outcomes that suit us. The following are the main areas you’re likely to come across, starting with the most popular methods you’ll find on regulated betting sites.
1. Real Money Betting. This is where you add real money funds to your account and then wager on the outcome of matches or events using them. You can win real cash but you should always bear in mind that you might lose money too. The acceptance of cryptocurrencies by the best sites makes the funding aspect a fast and secure process.
2. Fantasy Betting. With this kind of bet, you choose a lineup of the best players for your chosen game and win if they perform well. You can carry out fantasy betting for free or choose a site where you pay an entry fee and have a chance of winning cash from the prize pool.
3. Betting on Yourself. What if you’re confident in your gaming ability in one of the top esports titles? Well, you might be tempted to take part in a challenge where you bet on yourself. You’ll find odds on winning matches, getting the best killing spree, and other challenges.
4. Betting on Streamers. If you enjoy watching streamers on Twitch as they play games like Fortnite and Call of Duty, you might consider betting on them. Bear in mind that these aren’t pro events, but they can add a lot of fun to the streams you watch.
5. Esports Pool Betting. This approach to esports betting online sees a prize pool gathered from all the wagers made. It can either be divided out among all the winners or else collected into a jackpot that one lucky winner triggers.
6. Social Betting. This is a less formal way of betting which is generally carried out by a group of friends who predict the outcome of a match or event.
Do you need some esports betting tips to get you started in style? Betting on pro gaming is simpler than you might have thought and it’s only going to take you a few moments to get going and place your first wagers.
1. The best advice is to choose a trustworthy site where you can feel relaxed about wagering. Remember that you may bet with real cash at some point, so you want to find a site that is going to keep your money safe and can also be expected to pay out any winnings. The best way to do this is by looking for regulated, legal websites with a solid reputation for fairness.
2. Register as a new member and fund your account. The registration process is usually over a couple of screens where you enter a few basic details. After that’s done, you need to decide how to add money to your new account. Cryptocurrencies provide a simple and reliable way of doing this.
3. Place your bet. Dive into the latest odds and you’ll see what’s available on the next tournaments to be played. By clicking on a game, you’ll see what bet types are offered and what the odds are on each of them. There’s no need to work out the figures manually, as adding the wager amount to your bet slip will let you see at a glance how much you could win.
A hefty bonus will give you a powerful start by letting you bet using extra funds, or taking advantage of some other type of promotion. The best offers are typically given to newcomers, as they provide an excellent incentive for signing up and trying a site. With this hugely competitive industry gaining new members all the time, it makes sense for the best sites to encourage people to give them a try as they know they’ll come back for more.
Having said that, if you carry on gambling, you should get access to the promotions that they’ve created for their returning players. These may include bonus funds, free bets, or cashback deals, for example. Of course, bearing in mind everything else we’ve looked at, you shouldn’t decide where to bet based purely on their promotions. Instead, look at their welcome offer and other deals as being additional reasons to feel comfortable about getting started.
With a bonus offer of any type, always read the terms & conditions fully. This is where you’ll see what you need to do to play through any winnings before withdrawing them and whether any limit on the amount you can win is in place.
At the time of writing this esports betting guide, you’ll find a variety of types of esports betting sites. They vary in many ways, but the most important for us to look at here is the regulation and legality. While some countries let people bet on unregulated sites, there is a growing number of places where regulations are now in place including those covering esports betting in the USA and Canada.
Your first step is to check the legality where you live, and you can then look for a site that’s regulated in your country or by an overseas authority like the Curacao Gaming Control Board. By choosing a regulated site, you can be sure that it’s a fair and secure option where they’ll look after you. They need to meet certain certain standards to get a license and there’s usually an independent complaints process in place if you need to raise any issues.
On the other hand, if you choose an unregulated betting site, you simply have no way of knowing whether they’re doing everything in a fair and transparent manner. This means that you’ll always have doubts about whether they’ll honor your wins and pay your winnings when you try to withdraw them. Don’t take any chances by playing in unregulated sites when there are safer options out there.
The last few years have shown us that esports crypto betting is getting ever more popular. It’s an activity that’s captured the imagination of many people and as it’s become easier and more mainstream to carry out, this has added momentum to the industry’s growth.
In terms of future trends, a lot is likely to depend on the success of new games like CS2 and Call of Duty: Modern Warfare III, as we look to see if new games match and then overtake the popularity of established classics. Something similar applies to the cryptos used to bet in this way, as new coins that emerge and become highly trusted may be used by betting sites.
The other unknown factor is whether new types of technology will affect esports betting. A lot of focus has been put on the metaverse and artificial intelligence lately, so it isn’t difficult to imagine how they could affect the way we place our wagers in the next couple of years. There may also be types of technology that haven’t yet been widely spoken about but that turn out to be ideal for this activity.
Are you ready to take the next step and start esports gambling on a safe, regulated site? By registering as a new member at Jack’s House, you’ll get access to a great range of bonus offers that make your funds stretch further. If you love watching esports, this is the best way to do it safely.
The site covers all the biggest esports games and events, so you can be sure that you won’t miss any chance to bet on the games that you love to watch. Various bet types allow you to look for exactly what you want to predict and find the best odds for it.
The esports crypto gambling trend has grown until it’s become a huge industry and this means that it can be difficult to know which option to choose. However, with a reputable, licensed site like Jack’s House, you can feel safe in the knowledge that you can start betting with your chosen digital currency and with complete confidence. Give Jack’s House a try and you’ll discover how easy it is to start using crypto to bet on esports.
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