Online Esports Betting : Complete Guide & Tips to Bet in Malaysia 2023

Esports betting is a rapidly-growing industry. If you're interested in esports betting, it's important to know everything about Esports betting and have a strategy to maximize your chances of winning.

How does Esports betting work?

In this article, we'll take a closer look at the world of esports betting, including popular games and tournaments, different types of bets you can place, and offer tips for getting started with this exciting and rapidly-growing form of online gambling.

What is Esports and Online Esports betting?

Online esports betting is placing bets on competitive video gaming, fans or bettors can bet on their favourite teams, players, and tournaments, everything done online. Bettors can place the bet on numerous sites that offer esports betting markets, and bet on the outcome of a match, tournament, or event.

How to place online esports betting

To place an esports bet, you'll need to follow these simple steps:

Step 1: Choose a betting platform

Choose a reputable online esports betting platform that offers various esports betting markets for different esports games and tournaments. Always check and go for better odds before getting started to bet on.

Step 2: Register an account

Register an account on the online esports betting platform you chose. Fill up your personal details correctly to ease the betting process.

Step 3: Deposit

Deposit funds into your account using a payment method that the platform supports.

Step 4: Choose a game and place your bet

Choose the esports game you want to bet on and select your preferred bet type. Place your bet and wait for the outcome.

Esports betting : Types of bets

With online esports betting, you can bet on specific events happening during the match, such as the next team to score, the winner of a specific round, or the team to make the first kill. There are several types of esports bets that you can place, including:

Common Esports Betting Games

Some of the most popular esports games to bet on include:

League of Legends

League of Legends is one of the most popular esports games to bet on. League of Legends, or LoL, is a multiplayer online battle arena (MOBA) game that is played by two teams of five players. Both teams have to destroy the opposing team's Nexus in order to win the game. Bettors can place a variety of bets on LoL games, including match winner, first blood, first tower, and total maps.

Mobile Legends: Bang Bang

Mobile Legends: Bang Bang or MLBB is a mobile MOBA game that is played by two teams of five players. The game has various modes, including Classic, Ranked, and Brawl, and the objective is to destroy the enemy team's base. Mobile Legends: Bang Bang is available for free on both Android and iOS devices, making it accessible to a large number of players. Common bet types: Match Winner, handicap betting, Total Maps, First Blood, First Tower.

Dota 2

Dota 2 is another MOBA game, the rules are similar to Leagues of Legends, where two teams have to destroy the opposing team’s Ancient in base. Bettors can place a variety of bets on Dota 2 games, including match winner, first blood, total maps, and handicap betting.

CS:GO

Counter-Strike: Global Offensive, or CS:GO, is a first-person shooter game, where players can choose to be an attacker to plant a bomb or defender to defuse it. Some of the popular bet types onCS:GO games, including match winner, total maps, handicap betting, and the first team to reach a certain number of rounds.

Overwatch

Overwatch is a team-based first-person shooter game that is played by two teams of six players. Some common bets on Overwatch games, including match winner, total maps, and handicap betting.

Fortnite

Fortnite is a battle royale game that is played by up to 100 players in solo, duo, or squad mode, until the last man / team standing. Bettors can place a variety of bets on Fortnite games, including match winner, total kills, and total maps.

Benefits and Risks of Esports Betting

Esports betting live has a number of benefits and risks that bettors should be aware of. One of the main benefits is the ability to take advantage of constantly changing odds. With live betting, odds can change rapidly in response to what's happening in the game, giving you the opportunity to make real-time decisions and potentially win big. However, live betting can also be risky, particularly for inexperienced bettors. Because odds can change rapidly, it can be difficult to keep up with the action and make informed decisions. Additionally, it can be easy to get carried away in the moment and make impulsive bets, which can lead to losses.

Must Know Tips for Online Esports Betting

Research

Do your research and stay up-to-date on the teams, players, and events you're interested in before placing bets. Look for information such as team statistics, player performance, and recent form, these information will help you make better decisions.

Odds

Understand what the odds are as it will highly impact your potential winning rates and payouts.

Manage your bankroll

Set a budget for each match or tournament, and stick to it to avoid overspending.

Never chase losses

Avoid chasing losses by betting more than your budget.

Start with small bets

Gain more experience and focus on your familiar games to become an expert on them.

Conclusion

Esports betting is an exciting and rapidly-growing industry, and with the right approach, it can be a fun and potentially lucrative way to participate in the world of esports. If you're interested in live esports betting, take the time to do your research, choose a reputable betting site, and develop a solid betting strategy. With the right preparation and a bit of luck, you could find yourself on the winning side of an esports bet in no time.