There is something about bet esports that makes them particularly well-suited for betting. Maybe it’s the fact that most games are zero-sum: you win or you lose, there isn’t much middle ground. Maybe it’s the ease of tracking stats and high visibility of pro players.
Or maybe it’s just that bet esports fans have unending faith in their favorite teams. Whatever the reason, esports bet online has become extremely popular. If you love esports and bet on them as much as we do, then this article is for you! Keep reading to learn all about esport betting in general, from its history to its future…
What Is Esports Betting?
Esports betting is the act of placing a wager on the outcome of an esports bet online. Esports is short for Electronic Sports, which is any sport that is played predominantly on video games. When you bet on esports, you are placing a wager on the winner of a tournament, match, or another event.
There are many different types of bet esports teams and tournaments to bet on. One of the easiest ways to break down different esports teams and tournaments is by platform. There are three major esports bet online platforms: PC, console, and mobile. Within those platforms, there are many different genres of games and types of events to bet on.
History Of Esport Betting
The history of bet esports is short but storied. Esports became a widely-watched form of entertainment in the 2000s. The growth of both internet connections and personal computers created a culture of online play and made it possible for casual gamers to connect and play with others.
Esports was a natural extension of this phenomenon. The first esports bet online tournament in the modern sense was held at Stanford University in 1972. It was called the “Intergalactic Spacewar Olympics” and was a video game tournament.
The first bet esports site was created in 2006 by an Australian man named Ian Punnet. Punnet began as a fantasy esports website and eventually moved to traditional sports betting. His site, Sportsbet, still exists today. It is the most popular esports betting site in Australia and the second largest in the world.
How To Place An Esports Bet
There are a few different ways to bet on esports. The majority of esports wagers are done online either through a sportsbook or a more specialized esports betting site. There are also a small number of casinos and bars that offer esports betting.
The way you place a bet will vary slightly depending on the type of sportsbook you are using. In general, sportsbooks will offer both pre-match and in-play wagers. Pre-match wagers are those that are placed before the event begins. In-play wagers are those that are placed after the event has begun.
Pre-Match: This is the most common type of esports bet online. When you place a pre-match bet, you are predicting what team or person will win. You are given a variety of options, including “totals” bets that predict the combined score of each team.
In-Play: In-play bets are more popular in sports like football or basketball. In esports, they are still used but they are less common. In-play bets allow you to predict what will happen during the event. If a team is down by a certain amount, you could bet that they will come back to win.