Six of the Best eSports Betting Strategies

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Betting on eSports can help foster a strong community, and, like all forms of betting, give an individual a chance to win money while engaging with their passion. However, there are certain things bettors can do to increase the odds of their bets turning a profit. With that in mind, let’s take a look at some of the best strategies to consider when betting on eSports.

Number One: Diversify Your Bets

This is a tip that applies to many areas of gambling, including eSports betting. Although it can be tempting to place all your bets on your favorite team, it is wiser not to put all your eggs in one basket, so to speak, and to instead spread your bets out across different competitors. Additionally, you shouldn’t limit yourself to just one sportsbook either, but instead do some research or take a look at the best offshore sportsbooks to find new places to bet. This gives you the chance to take advantage of a wider range of betting options, welcome bonuses, and payment options. 

Number Two: Hedge Your Bets

The phrase hedge your bets applies to many forms of gambling, but perhaps none more than eSports. eSports tournaments are long, and many teams strategically hide their skills from other opponents until ‘revealing their hand’ becomes necessary. As such, it's a good idea to watch eSports tournaments closely as they develop, and wait until the last sensible moment before placing your bet.

Number Three: Don’t Forget the Underdog

Although the teams with a history of success are indeed statistically more likely to win, it stands to reason that more people will be betting on them doing so. As such, it can often be significantly more profitable to bet on the underdog. Watch the performance of teams closely and see if you notice any that appear to be doing well but slipping under the radar of public attention.

Number Four: Learn From Your Bets

Betting on eSports isn’t entirely down to chance, there are many ways that skill and experience can improve your odds of winning. You should, therefore, always analyze your bets after a tournament has ended, regardless of whether it ended in a win or a loss. If it ended in a win, study what you did well as well as what aspects were risky and left more to chance, ask yourself what you can take away from the experience to continue your success going forward. Similarly, if you have experienced a loss, try to understand where you went wrong and what you could have done differently to avoid making the same mistakes again.

Number Five: Don’t Be Afraid to Shake Things Up

If you’ve analyzed your results but still believe your betting experiences are becoming stagnant, why not try something new when it comes to eSports?  For example, you could try betting using cryptocurrency on a sportsbook that permits digital assets as a payment option. Doing so will open up the world of cryptocurrency to you, and may bring about not only countless more eSports betting opportunities but also introduce you to a huge community that surrounds cryptocurrency.   

Number Six: Stick to your Budget

Betting on eSports is meant to be an enjoyable pastime, but it is your responsibility to ensure it remains as such. Create budgets for every tournament, and never bet over them, irrespective of the success of your team. Becoming a successful eSports better involves entering and leaving a bet with a free conscience, irrespective of how the tournament plays out.