Everything you need to know about e-sports betting
Bogdan LashchenkoInterest in e-sports is growing significantly and many betting companies offer odds and betting on exciting tournaments. Today it is one of the fastest growing sports in the world. This has led to more and more sports clubs and companies being attracted to the sport. This area has grown to become a world organisation with major championships. The great successes have also attracted the interest of betting companies. Many of the betting companies today offer a diverse range of games such as Dota 2, LOL and CS. In this article, we will go through everything about this popular sport. We will also give you our best tips for success in eSports betting.
What exactly are eSports?
They are electronic sports and serve as a form of competition where professional players compete against each other in TV and computer game competitions and tournaments. They can do this either alone or in a team. Players compete to become the best in the world and are crowned world champions. On top of that, there can be huge prize money to be won. The amount of the prize varies from game to game. But it can easily reach between SEK 5 and 300 million.
Today, e-sports are considered a real sport
The Swedish Sports Confederation has long been sceptical about classifying e-sports as a real sport. Since 2016, it has tried several times to apply for membership. But this has always resulted in rejection. However, they continued to fight and this spring the Swedish E-Sports Federation finally became a member of the Swedish Sports Confederation and it is now a recognised sport.
An industry in constant growth
It is an industry in constant growth. The sport currently has an estimated audience of 600 million and is expected to continue to grow in the future. The countries that currently dominate the industry are Sweden, USA, China and South Korea. However, the sport is now played in several different countries around the world. With the rapid growth, the interest in betting has also increased. We can proudly say that Sweden is the country in Europe with the largest e-sports market.
Many big world stars like Olofmeister, HeatoN and GeT_RiGht come from Sweden. We are also good at organising large Esports festivals like DreamHack where some of the best players meet.
The games that attract great interest and audience
There are competitions both as computer and TV games. But there are a few select games that have managed to capture a large audience and become the most popular forms of competition. Here are some of them:
- Racing games: Simulation driving in iRacing is a very popular form of trying to make the simulation of tracks and cars as realistic as possible. Racing games are often referred to as the king of this sport, as it is one of the most popular games played in different countries today.
- Fighting games: This game genre is one of the oldest games on the market. In this type of fighting game, two players compete against each other with punches and different movements. The goal is to knock out the other player by trying to bring the opponent's life to zero. Some famous games are Street Fighter and Marvel vs. Capcom.
- Shooting games: These games have been the favourite games of many countries. Especially with the latest version of Counter-Strike and Global Offensive, also known as CS:GO. In the tournaments, players try to place and detonate bombs to take each other out. The Call of Duty series and Overwatch are also popular FPS games.
- RTS games: Real-time strategy games are games that count as one of the first genres. Popular games in this category include Warcraft III, StarCraft and StarCraft II, in which players try to build a base and then control areas on the map. StarCraft is particularly popular in Korea where audiences can watch the game on TV and the best players become big celebrities in the country.
- Battle Royale games: In battle royale games, players try to destroy opponents in order to survive as the last player or team. The game usually starts with around 100 players fighting over a large area that gets smaller over time. Fortnite is one such game that can be downloaded for free. Other well-known games are Apex Legends and PlayerUnknown's Battlegrounds.
- MOBAs: It is a game that stands for Multiplayer Online Battle Arena and it is a real favourite. The tournaments have millions of spectators. Games like Dota 2 and League of Legends are very popular. In these games, teams of five people face each other. In the game, the teams try to destroy the opponent's base.
How betting works
Just like in football and hockey, you can bet. It is possible to bet money both before and during the match. You can choose between different sports, leagues and events. To get started, you first need to find a good betting company and then register on the site using Bank ID. Next, you can make your first deposit and then find a match that you want to bet on. Choose one that you can stream if you want some excitement. Read up on the different teams and then decide which team you think has the best chance of winning. Then place your first bet. Then just wait for the results.
How the odds work
It works in a similar way to other traditional sports. There are different variants that you can choose from, such as Live odds, where you can bet during the game. These will then change depending on what happens during the match. You then have the advantage of being able to choose to place a bet when you have the best conditions for high profits. So there is no major difference between betting on regular sports and e-sports. The main difference is rather in the sport itself and not so much in how you bet in the sport.
Best strategies and how to choose the best teams
The first and most important thing you need to do when you want to bet money is to do proper research on the different sports and teams. It can be a good idea to study how the team you are interested in has performed in the past. How have they played during league games and championships, for example, and what strategies have they used. One of the most popular games in Sweden is CS:GO. These are games with many top-performing Swedish teams. Some examples are Ninjas in Pyjamas and Fnatic. These are teams that have had many top players like Emil HeatoN Christensen and Johan Hyb Carlund.
Dota 2 and League of Legends are also popular to bet on. What to choose depends on your own circumstances and interest. The most important thing is that you understand the game and have some knowledge about the different teams. By learning as much as possible, you have a better chance of placing winning bets.
There are different types of games to play
The most common and simplest form of betting is match winner. This means that you bet on the team that you think will win. For those who are new, this is a good start when you want to get started with a game. In Handicap betting, you still bet on the team you think will win, but you give an advantage to a particular team. Map betting is also another form of gambling where you play on maps. The way it works is that you zoom in on one part of the match and exclude the rest. There are different types of card games and they are easy to learn. A fourth type of game is goal-based games, which can be a little more difficult to understand. It usually requires advanced knowledge of the game. This type of game can, for example, predict how many times a bomb will be planted or which team will take over the most towers.
The future looks bright in the industry
The future of this fast-growing sport looks very promising, expected to be worth a whopping £18 billion by 2025. A study by Newzoo has even shown that the combined value of e-sports and the gaming industry will surpass that of traditional sports. Since 2020, tournaments in the sport have increased by over 20 per cent per year. The future looks very bright for this exciting industry.
Colleges and universities around the country now offer the opportunity to study several programmes and courses related to e-sports and research on the subject. Some speculation has emerged in the media as to whether football will still be the biggest sport in the future, given its increasing popularity and huge growth since the turn of the millennium. It is one of the fastest growing sports, which once started as a hobby and leisure activity. Today, the best players can build a great career and sponsorship in this field.
Most households also have access to computers and the internet today. Many of the games can be downloaded for free online, which means that anyone with an interest in gambling can start playing and get good at it. Digitalisation and accessibility have contributed to the increase in gambling. It is easy and convenient to connect to your favourite game from your computer. It has never been easier to play than it is today. The public can also easily follow most of the games on YouTube and other platforms.
Large gambling companies have also become aware of the sport and many have started to make large investments. All this has contributed to the continued strong growth. Asia has so far been the leading market in the world. This expansive sport has become a multi-billion dollar industry.
Bogdan Lashchenko – content manager at EgamersWorld.Bogdan has been working at EGamersWorld since 2023. Joining the company, he began fillin the site with information, news and events.