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Picking the Best Esports Betting Sites & Understanding the Risks Involved

Esports betting has become increasingly popular in recent years, with many online betting sites offering a wide range of markets and odds for different games and tournaments. However, not all esports betting sites are created equal, and it’s important to carefully choose the best one that suits your needs and preferences. 

Like any form of betting, there are risks involved in esports betting that you need to be aware of before you start wagering. 

Best Esports Betting Site in the Philippines

It’s important to know which betting sites are the best in esports. Below are the best esports betting sites that operate in the Philippines: 

OKBET 

The world’s most popular online betting site and Asia’s largest bookmaker site, giving everything you could desire in Esports betting, including CS: GO, Dota2, League of Legends, Valorant, and so much more, all with a fantastic selection of events and betting markets. Do you desire e-sports? OKBET offers Esports! New clients can receive up to 100 in bet credits at this time.

GGBet

GGBet is an online sportsbook specializing in esports but also accepts wagers on traditional sports and includes various casino games. It covers multiple disciplines and tournaments and offers some of the esports betting industry’s most attractive odds and bonuses.

Sportsbet

Bet your way into the largest selection of cybersports tournaments, available around the clock and accessible anywhere. Experience the exhilaration of live eSports competitions and earn top crypto prizes depending on your accurate predictions.

Betway 

Betway supports Esports, as evidenced by its dedicated Esports area, which offers wagers on all major tournaments for Dota 2, League of Legends, CS: GO, Heroes of the Storm, Starcraft 2, and more at various times. Live Esports betting action with live broadcasts, unique Betway Esports Boost bonuses, and up to £10 (P680) in free sports and Esports bets for new customers.

Bet365

Bet365 esports is a  popular option for wagering on your favorite games. It provides an excellent esports betting service with some of the most competitive odds currently available and markets on various other popular esports games. It is ideal for gamers who like to amass a large score due to its unmatched odds and diverse betting options.

Tips in Esports Betting Predictions

Here are some tips for making esports betting predictions:

Research the teams and players: Before placing your bets, research the teams and players involved in the game. Check their win-loss records, recent performances, and history of facing each other.

Understand the game: It’s important to understand the game you’re betting on deeply. This includes the game mechanics, the different strategies the players used, and each team’s strengths and weaknesses.

Keep up with the latest news: Follow the latest news in the esports community, such as roster changes, injuries, and any other developments that could affect the outcome of a game.

Analyze the odds: Study the odds provided by different bookmakers and compare them to your predictions. This will help you identify which bets offer the best value.

Set a budget: Set a budget for yourself and stick to it. Only chase losses by placing bigger bets than you can afford.

Avoid emotional betting: Don’t let your emotions influence your betting decisions. Be objective and make your predictions based on the available data.

Consider live betting: Consider live betting as a way to adjust your bets during the game. This can be a good way to take advantage of shifts in momentum or unexpected events.

Keep track of your bets: Keep a record and analyze your performance over time.

How Does Esports Online Betting Work?

Esports online betting works similarly to traditional sports betting but with some key differences due to the nature of esports. Here’s how it generally works:

1. Choose a reputable esports betting site

Many online betting sites offer esports betting, but it’s important to choose a reputable licensed and regulated site.

2. Deposit funds into your account

Once you’ve chosen a site, you must deposit funds to place bets. Most sites accept payment methods, including credit cards, e-wallets, and bank transfers.

3. Choose the event and market

Esports events can range from major international tournaments to smaller local matches, and you’ll be able to find a variety of needs to bet on, such as the match winner, the total number of maps played, or the first team to score a certain number of points.

4. Place your bet

Once you’ve chosen your event and market, you can place your bet. You’ll need to enter the amount you want to bet and confirm the bet before it is placed.

5. Watch and wait

Once you’ve placed your bet, all left to do is watch the event and see if your bet is a winner. If you win, your winnings will be credited to your account, and you can withdraw them anytime.

Learn How to Read Esports Betting Odds

Esports betting odds can be confusing if you’re new to online gambling. However, once you understand the basics, it’s pretty straightforward.

Esports betting odds are typically displayed in one of two ways: decimal or fractional.

  • Decimal odds are the most common type of odds used in esports betting, and they’re the easiest to understand. The odds represent the amount of money you can win for every one you bet. For example, if the odds are 1.80, you can win 1.80 for every one you bet.
  • Fractional odds are less common but are still used in some esports betting markets. These odds are displayed as a fraction, such as 5/1. The first number represents the money you can win, and the second represents the amount you have to bet. So in the example of 5/1, you can win 5 for every one you bet.

OKBET Esports Betting Strategy 

As with any form of gambling, esports betting requires a solid strategy to increase your chances of winning. Here are a few tips for developing an effective esports betting strategy:

Do your research: Before placing any bets, research the teams, players, and game mechanics involved in the match. Check their past performances, strengths, and weaknesses. You will be better equipped to make educated betting decisions with more information.

Manage your bankroll: Set a budget for yourself and stick to it. You should only bet what you can afford to lose and never try to make up for losses by betting more.

Shop around for odds: Different sportsbooks offer different odds on esports matches. Look for the best odds available, as this will increase your potential winnings.

Tips in Esports Betting 

It’s important to know the basic tips when playing in esports betting to maximize your losses and keep your bankroll safe! 

Understand the betting markets: Make sure you fully understand the different types of bets available in esports, such as matchwinner, handicap, and map betting. Choose the needs that you’re most comfortable with and that suit your betting style.

Follow the news: Keep up-to-date with the latest news and developments in the esports world, as this can have a big impact on the outcomes of matches.

Consider live betting: Live betting allows you to place bets on a match while it’s in progress. This can be a good strategy if you can analyze the game and make informed decisions based on what’s happening in real time.

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