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Tips to Starting out with Betting

Getting started with eSports betting is as simple as it can be. All you need to do is follow a few simple steps and procedures and you will be all ready to go. Luckily for you, we are going to explain just those steps in this article so bear with us.

Set a Starting Budget

The first thing which you should do when you start with eSports betting is to set yourself a budget which you are going to use exclusively for wagers. This is really important, because as a beginner with eSports betting you want to have some money which you will be ready to lose.

This starting budget will most likely go to wagers which will not be winning ones and accepting this fact before you have started betting can help you in two ways. First of all, as this is a budget which you are prepared to lose, you won’t feel bad when the inevitable happens and you are left without any money.

Secondly, the fact that you are not going to focus on whether you win or lose will help you greatly in your eSports betting learning curve. You will be much more focused on the bets you make and your brain will process much more information than if you were also thinking of the money at stake.

Play for Free

This option is not always possible as not all eSports betting providers offer it. However, finding the ones who do, will provide you with a great chance to get some essential eSports betting experience without depositing any money.

When you are playing for free, you play with units which you can usually recharge at will and as a result you don’t win or lose any money. As with the starting budget, this is incredibly important, because all of your focus is directed towards learning the ins and outs of eSports betting and not towards winning or losing money.

Skins Betting

Knowing about what skins betting is, is a must for anyone who is intent on being good at eSports betting. If you have never played Counter Strike: Global Offensive then chances are that you have no idea as to what skins are. Let us explain.

Skins are in-game items which were first launched in 2013, by Valve, the creator of Counter Strike: Global Offensive. They can be used to change the appearance of a pistol, a knife or other in-game inventory. Their use is purely cosmetic. This means that they don’t improve the performance of the said weapon. They only make it look differently.

Valve launched skins because it wanted to make the Counter Strike gaming community tighter and to increase trading and sharing amongst them. However, as is often the case, something completely unexpected soon happened and, to make a long story short, skins started to be used as deposits at newly created eSports betting sites on the Internet.

It is important to know that even though skins have value in the eSports world and community, they are still not considered to hold any value in the outside world. There have been many court cases where skins betting has been under close scrutiny and in all of them it has come out unscathed.

This means that if you are not sure whether skins betting is legal or not or whether you should use skins as a deposit, you should think no longer. If no court in the world can prove any wrongdoing, there is nothing to be worried about.

Watch Streams of eSports

Now that you have finished getting your eSports betting skills up to speed, you can probably start betting with the intent of winning some money. However, we suggest that you spend a little more time in preparations before doing so, by watching streams of eSports.

It will be your decision as to how many hours of eSports you are going to watch, but if we were to be consulted, we would say the more the better. Watching the games being played will familiarize you with what you are actually betting on. It will also help you see how eSports players react in certain situations. Finally, following a stream of an eSports event at a streaming provider is almost always accompanied by a live chat feature. Reading other people’s comments will greatly help you to understand the lingo and to read some additional thoughts and opinions on the game which you follow.

Play the Games

This step is optional as there are many eSports punters who have never played eSports in their life. However, if you want to maximize your chances of winning an eSports bet then you should definitely try out playing the games as well.

You might think that you are going to lose a lot of time if you do your eSports betting preparations in this way and this may lead you to jump the gun and start wagering before you have finished preparing. However, you have to remember that the amount of time which you are going to spend on playing the game is going to be pretty much the same as the amount of time you will spend in the future looking for a clarification of an in-game issue or problem on the Internet.

Find the Right eSports Betting Provider

When you are choosing where to deposit your first bet, you should always go with a reputable and respected eSports betting provider. You should do this because when people start betting on something new, they are usually more easily fooled and can make a bad decision which will cost them their deposit.

The safest way to start is to go with an eSports betting provider with years of experience working in the field. You will be surprised to know that some eSports betting operators have been dealing with eSports bets for almost 20 years. Going with these operators is safe and you won’t lose any sleep over whether you are going to collect your winnings or not.

Once you have familiarized yourself with the world of eSports betting operators, you can start looking for other less famous betting providers. These might be less famous for a reason, meaning that they have a poor betting offer and don’t operate up to the required standard. However, they might also be a young and ambitious company with a promising eSports betting portfolio. If that is the case you shouldn’t think twice and you should open an account with the betting provider without worrying if something bad is going to happen.

Compare Betting Offers

eSports betting offers can vary from one provider to another. Some betting operators offer their players the chance to bet on all the major names in the eSports gaming industry. These include games such as Counter Strike: Global Offensive, Dota 2, League of Legends, Overwatch, Hearthstone, World of Tanks, Call of Duty, Halo, StarCraft 2 and many others.

However, there are also some eSports betting providers which only focus on one or two games. These two games are usually Counter Strike: Global Offensive and Dota 2. These operators have an extensive betting offer on the game or games they offer and in addition to the betting sections of their websites, they have a market or a place where you can trade and purchase in-game items such as skins.

Comparing Betting Markets

In terms of the markets that eSports betting providers offer, you also have a range of choices which you can make. Some betting operators offer only a couple of markets, which usually include the match winner market and the handicap market.

On the other hand, there are some eSports betting operators which offer a wide range of markets including bets such as: outright / futures bets, match winner and handicap bets, totals, betting specials, and in-game or live betting.

The choice of a betting operator is a matter of personal preference. If you are more of a Counter Strike: Global Offensive or Dota 2 fan, you can go to those sites which specialize in offering wagers on these two games. If you are an eSports fan in general, you can check the betting offers of all the other operators and then you can make your choice.

Skins or Cash Betting

It is also very important to choose whether you are going to use skins or cash as your eSports betting deposit. Most of the mainstream betting sites which enable eSports as one of the sports to bet one accept only cash as deposit. On the other hand, most betting operators specializing in eSports betting, and especially the ones in China, accept only skins as deposit. There is also a third group of eSports betting operators which accept both options. It is also important to know that some operators accept Bitcoin deposits as well.

What method of deposit you choose is totally up to you. Surveys have shown that older punters tend to stick to what they feel safe with, and that is cash, while younger generations of bettors have used skins as their primary method of deposit.

Making your Bet

After you have decided as to what you are going to use as a deposit it is time to place your bet. This is one of the simplest things which you are going to do and we are not going to waste your time explaining things which everyone knows. All betting operators provide more than sufficient instructions as to how to place your bet and all you have to do is to follow them.

Getting Paid Out

If your wager is a winning one, you are going to get paid out. This process usually takes from 1 to 5 working days and it is different from one eSports betting operator to another. This is because the operators which receive cash deposits pay you out in cash and the operators which receive skins as deposits pay you out in skins.

Getting paid out in cash is pretty straightforward. Getting paid out in skins though, might sound a little complicated for an eSports betting novice who doesn’t know how to change them into real money and doesn’t see the point in using them. However, as with anything related to eSports betting, this is simple as well. This is what you should do.

If you want to keep your skins and trade them or bet with them later, you can do that without a problem. If, on the other hand, you want to turn them into money, you have to know that you can’t do that on the betting operator’s website as they are legally not allowed to do this. However, there are sites on the Internet who do exchange skins for cash and you should only do a simple search to find them.