Betting on esports has continued to grow in popularity, especially as it has become a mainstream activity that has managed to increase its global exposure. It is a sport that has become widely accessible as major broadcasters have started to air it on their channels, thus allowing it to reach more homes.
Bookmakers have also helped to enhance the popularity of esports, with bettors able to log on and place the bets that they want to make whenever they want and with ease.
Variety of esports betting markets now on offer
Aside from its accessibility, esports betting has also managed to achieve the level of growth that it has because of the numerous markets that are available to wager on. Punters can now find numerous games and events to bet on, with each one offering multiple different markets with an outcome, much like some of the world’s more traditional sports. However, with so many different markets and bets possible to make, it can be confusing to a novice or even those who might be more experienced.
With this in mind, it becomes even more important for bettors to have a greater understanding of the types of bets that can be placed and what they actually entail. There are often too many individuals who make a wager that do not always have the full picture when wagering, thus potentially creating a negative session for themselves in the process.
What are the most popular esports bets?
Any traditional sport betting site that includes esports betting as part of its portfolio will likely provide numerous different options that can be wagered on. This is part and parcel of the industry, as operators want to continually make sure they offer the best experiences and give potential bettors as many choices as possible.
As a result, there are various betting markets that can be offered that are usually seen across all types of esports events. These include the following:
Outrights
The most common esports bet available (and sports bets in general), outrights are usually the most straightforward to enjoy. They involve betting on the end result and picking the winner of an event that is being wagered on. Usually, this will involve the match being played, but it can also be a future bet, such as betting on the overall winner of a tournament, etc.
Of course, these bets can change over time in terms of the odds that are offered, thus making them more attractive than other betting propositions. Those who like to engage in live wagering might find that odds increase or decrease in value as the event goes on, as a lot can change.
Moneyline
Essentially the same as an outright bet, esports punters might find that they see the ‘Moneyline’ term used a lot when wagering. It should be viewed in the same way as above, as it simply refers to the winner of a contest or event and not much else.
Bracket/Group Winner
A little more advanced than just betting on a single-event winner, a bracket/group winner bet can often be a very popular bet for enthusiasts who like to wager on this activity. Again, it is not much different from what an outright market is, but those who consider it need to recognize that it relates to a greater period of time and has more specifics to it. Wins will often need to be compiled over a period of time, as the team or athlete will need to win their group or bracket in order for the bet to be paid out.
Complex Bets Also Exist.
While those mentioned above are just some of the most simplistic esports bets available, there are numerous markets that can make things more complex for a bettor. While many will argue that they can help to enhance the activity and provide more entertainment, they can be difficult for novices to understand and fully appreciate.
Markets include bets that are known as prop bets. These are those that are specifically related to certain events in-game that can happen or are more related to specific individuals. They could include things like the first kill, a certain score being obtained, or being betting on an over/under in terms of totals. If you understand traditional sports betting, you will know what these mean, but if you are new to it, you will want to research each of them a little more before diving straight in.