Today’s popular e-sports, online casino or gaming industry has a large variety of new and exciting betting opportunities for all sorts of players. It is one of the most talked-about betting markets available right now and continues to grow in popularity each year. The industry is lucrative too, with competitive e-sports events sometimes earning as much as $15 million in tournament prizes.
As with all betting markets, there are a few tips you need to consider before you lay down your bet. Here are a few pointers to help you get started with online casinos:
1. Understand the Impact of Luck on Your Betting Strategy
E-sports betting is more of a skill-based market than others. That means that luck will ultimately not play as big of a role as it does with other sports. Players will find themselves in situations where they have to out-perform their opponent or meet unrealistic expectations in online casinos. Knowing how to evaluate the data available properly is key to success in the market.
2. Purchase a Quality Headset and Monitor
Despite what some bettors believe, it is still possible to succeed at e-sports betting without a headset. The technology just makes it easier for players to track and analyze game statistics. The best headsets also have a wide array of features that make it easier for players to track their progress and opponents in online casinos.
3. Consider Your Experience Level Before You Place Your Bet
Although e-sports betting might seem pretty simple at first glance, the truth is that players with more experience will find themselves at an advantage over newcomers. This is especially true in competitive games where teams have to work together to win. It’s not that newcomers can’t succeed; it’s just harder.
4. Learn to Recognize Good Odds Before You Bet Your Money
Like other betting markets, e-sports betting features a plethora of different odds and payouts for players to mull over before they make a decision. However, the difference is that online casino players have to be more careful with their selections in this market because most are based on statistics or previous performance. The key to finding good value is learning to recognize odds that are too good to be true and avoiding them.
5. Look at Your Gut Instinct Occasionally
It’s important for bettors to use logic and reason when they want to place a bet, but never forget that your gut instinct also matters. You might be able to develop a solid strategy, but there will be times when you just know that a bet is right. In e-sports betting, this can often mean the difference between winning and losing.
6. Don’t Be Afraid to Try New Strategies
If you’re getting bored with the way you place your esports bets, it might be time to go back to the drawing board. You don’t necessarily have to make a drastic change, but sometimes trying something fresh will get your juices flowing again.
7. Take Advantage of the Advantages of Playing in a Remote Location
Just because e-sports betting is considered a high-risk market doesn’t mean players shouldn’t take advantage of the benefits of playing remotely. Many people are reluctant to try their hand at this online betting market because it is highly volatile and unpredictable. However, remote locations can allow bettors to find some value in the market that isn’t ordinarily available. Some markets even feature special bonus offers for players who go this route.
8. Build Your Own E-sports Betting Strategy
Betting on esports can be an exciting way to spend some time, but sometimes it’s much work. So, it’s understandable that players would want to build their strategy and stick with one they like.
9. Understand the Best Time of Day to Place Your Bet
Most people tend to play their e-sports bets during the day when their odds are more favorable. That being said, there are a few markets that allow players to place bets at night. The reason is that the live audience will often cheer or boo in response to a bad play or a good one. This increases the volatility of the market and makes it more exciting.
10. Consider Betting on E-sports in Person
Sometimes, it can be hard to find e-sports betting locations online, especially if you’re looking for an opportunity that you don’t have access to at home. If you’re looking for a remote location instead of online casinos, it might be a good idea to check out local casinos that offer this popular betting option.
11. Study the History of Popular E-sports Betting Markets
There are specific markets that have been around for years that bettors still love to play. The industry is constantly changing, so it’s crucial to study the changes and learn from their past successes or failures.
12. Keep Your Passion for e-sports Betting Alive
No matter what happens, keep your passion for e-sports betting alive. Even if you lose a big bet, don’t throw in the towel. You might get another chance to make it big. If you decide to walk away entirely from the industry, there are no guarantees that you will ever return.
13. Plan Your Betting Strategy Before You Place a Bet
It’s not wise to play e-sports betting without a strategy. Since the market is so volatile, bettors need to have a strategy in place before they place their bet. That way, you can better track your progress and prevent yourself from making costly mistakes that could tank your entire profit.
14. Set Short Term and Long Term Goals
The key to success in any betting market is creating goals that you can achieve within a certain period. If you’re playing a market based on statistics, it’s important to set a goal for yourself. For example, if you’re trying to win $10,000 within the next month, it’s much easier to accomplish this if you set a higher win limit.
15. Practice More Often and Improve Your Game
The best way for players to improve their skills is regularly practicing at home or in a remote location. It may seem counterintuitive to practice after you’ve placed a bet, but it’s an essential part of the process. It’s sometimes hard to practice at home because you’ll be tempted to play and place your bets in an online casino or sportsbook. However, there are strategies you can employ to ensure that you’re not wasting your time by playing when you should be practicing.
Finally, one of the best ways to make sure you’re getting the best value for your money is to compare multiple online casinos before placing your bets. Many famous online casinos offer this opportunity, for example Bet365, 1xbet, PNXBet, etc., some even have separate servers for different countries, like for example 1xbet Brasil. You’ll be able to find different payouts and odds depending on the book you choose, and that means you’ll definitely want to do your homework before you decide where your money is going.
The e-sports betting market will continue to earn year-on-year growth as the industry continues to expand. There are many more opportunities for players of all experience levels, making it a great option for those who like a bit of risk with their gambling.