If you think sports are the only thing people gamble on, think again. There’s a huge eSports and gaming business, and people love to wager on the outcome. Is it possible to make money betting on video games, though? We look into it.
Gambling has always been a part of human culture. Games and events have captivated bettors for hundreds of years, whether it’s cards, roulette, sports, or horse racing. Betting is an enjoyable pastime because it combines skill and chance – and betting on video games is no exception.
You may not realize it, but there is a sizable community of video game betting fans that live cheering on their favorite players. We’re not talking about putting a few dollars on who will win a Madden game with your friends. Betting on video games and eSports is a serious business, and skilled bettors can make thousands of dollars.
So, let us walk you through what video game betting is all about and why it has changed the online betting market.
History of Betting on Video Games
Pong, draughts, and Pac Man are among the 50-year-old video games that may be found by Googling “world’s oldest video games.” Even though we’ve gone a long way since one-handed joystick Atari games like Space Invaders, the delight of playing them hasn’t faded.
Furthermore, betting on video games began almost as soon as they were released. Players spending a quarter to play arcade games in stores and bowling alleys were as common as informal bets among friends on who would win Mario Kart races.
These arcade games eventually made their way into casinos, where their combination of skill and chance made them ideal for young adults who grew up playing computer games.
Meanwhile, in the 1980s, video poker, video baccarat, video slots, and video blackjack games began to debut in casino halls in Las Vegas. To play poker, you no longer needed to sit at a table; instead, you could concentrate on the screen and enjoy the game to yourself!
In the mid-2000s, the internet generated online gambling, but it wasn’t until eSports became a global phenomenon that betting on video games became a reality.
Gamers in Europe and Asia could wager on video games being played by others, often on separate continents, during global eSports competitions starting in the 2010s. This has since expanded to North America, and video game betting has taken on a whole new meaning.
Which Video Games Can We Bet On?
You may bet on a variety of video games, ranging from simple self-playing games like video poker and video roulette to actual eSports betting on games like E-NASCAR and League of Legends on Dota 2.
Here the video games you can currently bet on online:
- Rainbow 6
- Call of Duty
- Dota 2
- Heroes of the Storm
- League of Legends
- Rocket League
- Starcraft 2
- Street Fighter V
- eSports FIFA
Can Playing CS:GO Professionally Be Profitable?
Counter-Strike: Global Offensive is one of the video games you may bet on, as you can see from the list above. Is it, nevertheless, possible to make money playing CS:GO professionally?
Of course, if you’re one of the world’s best CS:GO players, you can make a career just by playing the game. Competing in CS:GO competitions throughout the world earns some of the finest eSports players millions of dollars.
However, for the vast majority of gamers, video games such as CS:GO will always be a hobby or a passion. However, this does not rule out the possibility of making money from the game itself.
Throughout the year, millions of players wager on CS:GO and watch the Majors take place across the world. The Majors attract the finest CS:GO players on the planet, with prize pools of up to $1,000,000 for the winners — and eSports betting has never been more competitive.
CS:GO betting has resulted in some users winning over $10,000! Allowing someone else to do the work for you comes with a hefty price tag. Of course, betting on games like CS:GO necessitates a thorough understanding of the players, teams, and events that take place in the world of eSports – and the best thing you can do before placing your bets is to do your research.
Top Video Games Betting Tips
When betting on video games, as previously stated, research is crucial. Make sure you know everything there is to know about the game, the players, and the teams. If you enjoy betting on eSports like FIFA, for example, make sure you’re up to date on the current in-form teams and league standings.
The beautiful thing about eSports betting is that most bookies and casino sites will provide you with statistics to help you make better betting decisions. Stats are just as important in eSports betting as they are in any other sport – after all, you wouldn’t bet on the NFL without checking out which teams are performing well that season or which players have the best stats.
video game betting tips:
- Live streaming
The beautiful thing about eSports betting is that most bookies and casino situs slot online will provide you with statistics to help you make better betting decisions. Stats are just as important in eSports betting as they are in any other sport – after all, you wouldn’t bet on the NFL without checking out which teams are performing well that season or which players have the best stats.
- Treat it like sports betting
The beauty of video game betting is that the principle is identical to that of sports betting. So, if you’ve ever wagered on the NFL or NBA, apply that understanding to video games. Betting on ‘game winner,’ ‘right score,’ and ‘next kill’ works just as betting on ‘game winner,’ ‘total points,’ and ‘next TD scorer’ in actual sports!
- Shop around
Hundreds of video game betting markets are available online, covering a wide range of titles. So take your time and select the game that is appropriate for you. For example, you may enjoy playing Over watch, but you may discover that Street Fighter V is a better bet! It’s a good idea to do some research before committing to a particular game.
- Bet low and often
This may appear to be an unusual betting strategy, but there is a purpose for it. When you first start betting on video games, you’ll probably be unfamiliar with the various markets. Furthermore, your budget can be limited.
Placing tiny bets on multiple outcomes to increase your expertise and comprehension of the betting markets is a smart method to cover a lot of ground. Furthermore, if you’re lucky, you could win a lot of money! / Dy