Betting has become an integral part of the experience in the competitive cybersport arena. For many, it’s not enough to simply enjoy exciting Valorant esports matches or other games. They also want to predict potential outcomes and place bets that may yield profits. But how can one increase their winning chances in this fast-paced and dynamic world?
Esports isn’t only about luck. Winning requires strategy, knowledge, and understanding of the game. This article will dive into these essentials, from the various bet types to developing a winning technique.
Understanding Cyber Sports Betting
At its core, cybersports wagering is like standard sports betting, but instead of physical athletes, you’re betting on professional gamers competing in video games. Popular titles like CSGO, League of Legends, and Dota 2 are just a few examples where intense competition and high stakes draw in viewers and bettors alike.
Before placing a bet, it’s crucial to understand the different types of wagers available. This will ensure that you wager the appropriate amount on such bets and are generally more knowledgeable about your picks.
Fixed Odds
These are the most common types of bets where the payout is determined by the odds set by the bookmaker. For example, if you bet on a team to win, and they do, you’ll receive a payout based on the odds you chose.
The odds reflect the probability of the event occurring, with higher odds indicating a less likely outcome but a higher potential payout.
Parlays
A parlay involves combining multiple bets into one. To win a parlay, all individual bets must be correct. This type of bet offers higher potential payouts but also comes with higher risk due to the requirement of winning all included bets.
Teasers
Teasers allow bettors to adjust the point spread in their favour before placing a bet. This can increase the potential payout but also requires more accurate predictions to be profitable.
Handicaps
Handicap bets involve giving one team an advantage over another to level the playing field. This is often used in sports betting but can also apply to cybersports, where a team might be given a head start or points to overcome.
Over/Under Bets
These bets predict whether the total score of a game will be over or under a certain number set by the bookmaker. It’s a chance to bet on the overall performance rather than the outcome of a single team or player.
In-Game Events
These wagers focus on specific events within a game, such as a player scoring a goal or achieving a certain milestone. They require knowledge of the game’s mechanics and player abilities to make informed bets.
Strategies to Succeed at Esports Wagering
While there are no guaranteed outcomes, you can increase your chances of placing a successful stake in esports by adopting specific techniques. They are as follows.
- Line Shopping—line shopping involves comparing odds from different bookmakers to find the best possible line for your bet, improving your chances of a positive expected value (EV) over time.
- Hedging Bets—when you hedge, you place a bet that is in contrast with another bet you’ve made to minimize potential losses or secure a small profit. It’s a way to protect your bets against unfavourable outcomes.
- Fading the Public—this contrarian strategy involves betting against the popular choice. If a large number of people are betting on one outcome, it may be overvalued, and staking against it could be more rewarding.
- Specializing in One Sport or Bet Type—focusing on one sport or type of bet can make you more knowledgeable and increase your chances of success. It allows you to become an expert in that area and make more informed decisions.
- Managing Your Bankroll—a well-managed bankroll is crucial for long-term success in betting. Set a budget for your bets and stick to it, ensuring you don’t risk more than you can afford to lose.
- Analyzing Market Trends—keep up with the latest news and trends in cybersports. Knowing how certain events or changes can affect games can give you an edge in choosing markets.
Betting Wisely and Strategically to Win More at Esports
Gambling on cybersports is an entertaining way to engage your favourite video games while potentially earning money. Success may not be assured, but the experience can be more rewarding with the right approach and dedication.
However, it’s necessary to approach esports staking responsibly, remembering that it’s a hobby and not a primary income source. Please also abide by local laws and regulations for esports staking. May the odds be with you!
