Betting on traditional sports has been extremely popular for much of human history, but betting on esports is a significantly new phenomenon that's been taking the world of online betting by storm.
We at LV BET are here to answer your questions and discuss the potential that lies in esports as a betting market.
Esports, short for electronic sports, refers to competitive video gaming where individuals or teams compete in various titles across genres like first-person shooters, strategy games, and sports simulations.
Over the past two decades, esports has evolved from a niche hobby into a global phenomenon, attracting millions of viewers and generating billions in revenue.
Tournaments are held both online and in large arenas, featuring professional players, sponsorships, and live broadcasts. With the rise of Twitch and YouTube Gaming, esports has never stopped growing in popularity, effectively blurring the lines between traditional sports and digital entertainment.
The first video game competition took place on 19 October 1972, when a handful of hardcore Spacewar players gathered at Stanford University to compete for a year’s subscription for Rolling Stone magazine in the Intergalactic Spacewar Olympics. Nowadays, CS:GO, LoL and DotA 2 players are competing for unimaginably large prize pools!
With the meteoric rise of competitive esports, sports betting sites were quick to jump on the bandwagon. Much like with traditional sports, punters can now enjoy a variety of betting markets on esports at top odds.
Arguably, esports betting may just be the future of sports betting as a whole. Esports is uniquely positioned to bridge the gap between professional play and casual fun.
There are hundreds of competitive titles on the market and anyone, even you, can dive right in and experience the thrill of competition right at home. Esports is far more accessible and, thus, allow punters to gain a greater understanding of esports betting, odds and available markets.
As you can expect, there are several games that are feasted upon by bookmakers to provide excellent betting opportunities for esports enthusiasts. Here are the top games where the excitement lies.
Counter-Strike(CS) is an objective-based, multiplayer first-person shooter developed by Valve and Hidden Path Entertainment. Two CS teams enter the fray. Each team is tasked with distinct objectives and must complete them while eliminating the opponents.
CS gameplay is centred around objective control and choke-point dominance. At the end of each round, the players are rewarded with in-game currency based on their (and their teams’) performance, and eliminating opponents awards bonus cash. This currency can be spent on utility equipment or other items, for the following rounds.
Call of Dutyis another first-person shooter (FPS) franchise with the most recent title, Call of Duty: Black Ops Cold War, released on 13 November 2020. There are multiple game modes, ranging from objective-based combat to 1v150 battle royale and surviving the zombie apocalypse with a group of friends.
Competitive CoD gameplay is centred around the game’s main modes, where two teams are competing against each other in a bid for objective control. The game’s battle royale is also quite popular among fans and punters worldwide.
League of Legendsis a multiplayer online battle arena (MOBA) from RIOT Games. The main game mode is Summoner’s Rift, where two teams of five players set forth to defend their half of the map. Each player controls a character, called ‘champion’, which has a unique set of abilities. Champions can be split into distinct categories, each suited for a specific role on the Rift.
The objective of the game is to steadily gain control of the map by defeating opponents, taking on jungle monsters and bringing down enemy structures: towers, inhibitors and the Nexus. The team which pushes through to the enemy base and destroys the opponent’s Nexus wins the match.
The matches are highly strategic and very team-oriented. A single misplaced click on the map can turn the tides of the match, which is precisely why millions of fans flock to the screens to see their favourite LoL esports teams clash on the Rift.
DotA 2 is Valve’s take on the MOBA genre, created in the guise of the original Defense of the Ancients mod for Warcraft III. Just like in League of Legends, the matches in DotA 2 are played between two teams, each one defending their base on the map.
The players control unique characters, called ‘heroes’, and empower them throughout gameplay by defeating opponents, taking objectives and gathering resources. While player vs player combat is a key part of DotA 2 gameplay, teams must micro-manage their moves to gradually gain control of objectives and push past the enemy lines. The winning team is one that brings down the Ancient, a large structure at the core of the opponent’s base.
The FIFA video game series is perhaps the most popular football game around. Released by Electronic Arts, EAFC holds the Guinness World Record as the best-selling sports video game franchise, with over 325 million copies sold worldwide. This series simulates football matches, where players can build their dream teams and tackle fixtures of their choosing. Competitive players must climb the rank ladder in FUT Champions, a game mode in Ultimate Team (FUT), and participate in league competitions throughout the season.
Esports tournaments and events have become a major part of the gaming world, attracting millions of people who are eager to watch, bet, and even win prizes. With access to platforms and sites offering virtual arenas, customers can follow their favourite teams, explore special bets, and track rivalry matchups.
Many regulated sportsbooks now include esports in their offerings, often providing tips, odds, and even dedicated FAQ sections to guide new users through their journey. In some jurisdictions, gambling on esports is permitted, and the use of popular cryptocurrencies like Bitcoin has made deposits and withdrawals easier and faster.
If you're interested in betting on esports, you've come to the right place. Here's a quick rundown of the steps you must take to bet on esports:
It's important to incorporate some form of strategy when placing bets on esports as this will improve your chances of either extending your playtime or walking away with more money than you would without a strategy.
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