Last updated on: February 28th, 2022
Esports Betting Guide – Everything You Need For Betting On Esports
Within recent years, the Esports industry has exploded across the world, becoming one of the most popular sports in terms of viewers, fan engagement, and now, betting. Thanks to today’s social technology and betting advancements, Esports betting has become a huge hit in both American and international markets.
Through platforms like Twitch and Youtube, gamers can watch Esports teams and leagues from around the world at any time, with even more ease than the major sports that traditionally dominate the media. Esports is a multi-billion-dollar industry, with millions of fans from hundreds of different countries tuning in to watch the best gamers compete in games like League of Legends, Overwatch, Fortnite, Call of Duty, and sports games like NBA 2k and Madden NFL.
If you are wondering about the overall legality of esports betting, then you have come to the right page. This page will give you all the information you need about esports betting. We will discuss what exactly is esports, what are the esports leagues you can wager on, popular tournaments, and more. Now is the perfect time to get into esports as a form of entertainment and another way to gamble. Esports is a rising industry that is taking over the world, and there is no better time to get involved than the present.
What Are Esports?
To put it in the absolute simplest terms, esports essentially refers to video game tournaments, leagues, and competitions. Esports competitions can range between tournaments holding 10 people or thousands of competitors in a sports arena. Most of the time, they take a tournament or league format and run with it. League of Legends, for example, has leagues with franchised teams, much like the NBA. Just like there are multiple sports options for the discerning sports bettor, there are multiple video games that people compete in. If you do not like watching games that feature first-person shooters, then there are fighting game tournaments, racing game tournaments, MOBAs and much more. There are entire leagues dedicated to a certain game, much like the NBA or NFL is dedicated to basketball and football. Make no mistake – esports competitors are professional athletes, with salaries ranging well into the millions. Take everything you know about sports, throw in video games, and that is essentially what esports is.
The Legality Of Esports Betting
Much like traditional sports, esports has a very high-level competition going on at almost all points of the year. Due to this constant action, people are now betting on esports much like they do with traditional sports. However, there are more restrictions on esports betting than there are for regular sports betting. Due to the fact that esports competitors can be under the age of 18 and other reasons, many states with legal sports betting have a very specific provision that prevents wagering on esports. Each esport event must be individually approved for betting mkaing it a challenge from jump street. There is no federal law that bans esports betting so long as you are using inan online sportsbook like Bovada, you can legally wager on esports with ease.
Esports competitions are generally organized into leagues (similar to the NBA and NFL) and tournaments (similar to March Madness). There are varying levels of competition, and some of the biggest esports events take place over the course of both formats. For example, League of Legends takes place in multiple leagues across the country, from NA to EU to China and Korea. Some of these leagues are franchised, some have promotion and relegation. Then, the best teams from those leagues compete in one big tournament, the League of Legends World Championships, colloquially known as Worlds. That’s all just for one esport! There are varying structures in CS:GO, DotA2, Overwatch and more. Below, you can find a list of the major esports leagues in the world.
League Of Legends
League of Legends is a multiplayer online battle arena (MOBA) video game developed and published by Riot Games. For newcomers, it might be a difficult game to watch due to the complex nature of the on-screen action. Essentially, the point of the game is to capture the enemy base by pushing through various checkpoints. Teams defend and attack these checkpoints throughout the game, and the team who pushes all the way is the winner. The League of Legends World Championship, established in 2011, is the largest tournament for this league and in 2018, the winning team won $2.4 million. Outside of tournaments, there are LoL leagues that run throughout the year. These leagues are determined by geographical region, with the most popular leagues being the North American LoL Championship Series, the LoL European Championship, the Chinese LoL Pro league, and LoL Champions Korea. As the sport continues to grow, expect betting odds for League of Legends to continue popping up all over sportsbooks worldwide.
Learn More About Betting On League Of Legends
Overwatch is a relatively new game when it comes to the esports industry. Released in 2016, Overwatch is a game developed by Blizzard Entertainment and the game is a team-based multiplayer first-person shooter. Overwatch focuses on one team pushing to capture and push objectives while the other team defends certain points of the map. If the defending team can defend a point within a time limit, they win. If not, the attacking team wins. Overwatch tournaments easily topple over $1 million for the winning team, and the prize pool increases every year. The league is relatively new, but it is extremely competitive during the active season. Not everyone can make it to the Overwatch World Cup. We definitely recommend Overwatch not only for watching but for betting as well.
Learn all about how to bet on Overwatch Leagues.
Despite being one of the newest games on the esports scene, Fortnite became a global phenomenon. Popularized by YouTube and Twitch streamers, Fortnite is described as a battle royale game, referring to the 2000 Japanese film of the same name, in which students are dropped onto an island and told to battle to the death until one remains. Fortnite uses a similar format, although in some cases players can be divided into teams of two or four. The Fortnite World Cup had a prize pool of over $30 million, which was split between the winners of various tournaments. It took some time for the game to fully gain traction, but in 2021, it firmly established itself as one of the biggest players in esports.
Learn more about Fortnite Egaming.
Counter-Strike: Global Offensive
Counter-Strike: Global Offensive (CSGO) is a multiplayer first-person shooter game and it was developed by Valve Corporation which released the game back in 2012. Even though it is an older game, it is still one of the most competitive esports leagues in the world. The ESL Pro League is divided into three different regions: the Americas, Europe, and APAC (Asia and Pacific area). CS:GO has many major tournaments that happen throughout the year, so there are plenty of opportunities to watch this established league.
Get all the Counter-Strike: Global Offensive details.
Dota 2 is a multiplayer online battle arena (MOBA) much like League of Legends. They might be the same game genre, but Dota 2 was developed and published by Valve Corporation. Dota 2 has been around since 2013 and has established itself as the esports league with the largest prize pool available. Ever since Dota 2 was released, over $216 million has been handed out in cash prizes. The player base is loyal and more people are getting into Dota 2 to earn a piece of the prize pool. With so much money flying around in the Dota 2 league, many people are wagering on Dota 2 competitions as well.
Learn More About Betting On Dota 2
Call Of Duty
Call of Duty has one of the largest esports events out with the Call of Duty League (CDL) majors. The Call of Duty esports scene has been strong for decades, with COD being one of the grandfathers of esports. Call of Duty tournaments run team matches in a bracket-style. Teams will battle it out for weeks, then the league will base the final standings on teams’ record. There is a winners and losers bracket. Those who win in the winners bracket will advance, while the losers will fall to the losers bracket. If you win in the losers bracket, you continue. If you lose, you are knocked out of the tournament entirely. The grand prize is from a pool of $500,000.
Learn more about Call of Duty League betting
Esports Futures Odds
Many Esports leagues and organizations have altered their scheduling to protect players, fans, and all other associated parties from the coronavirus. Many major tournaments were canceled or postponed, but the esports world is seeing many of the bigger leagues return to action. Since most esports can be played under socially distant circumstances, many competitions were able to return to action. There is plenty of esports betting opportunity to be had, and with so many other sports suspended, Esports futures odds have gained a high degree of popularity with bettors throughout the pandemic.
Betting On E-Sports In Nevada
With the COVID-19 pandemic closing all retail sportsbooks in Nevada and shutting down most major global sports leagues, online e-sports betting has become extremely popular. While Nevada’s retail sportsbooks are closed, online sportsbooks are still open and accepting bets, and on March 25, the Nevada Gaming Control Board voted to allow the state’s sportsbooks to accept wagers on Counter-Strike’s ESL Pro League. There are 24 different teams in the ESL Pro League, with scheduled matches every day. Matches are usually played in front of a crowd, but they have been moved to an online-only format to prevent further spread of COVID-19. Betting on the ESL Pro League opened on March 27, 2020.
Esports Mobile Betting
True betting experts know how important it is to be able to bet from your mobile device, and that is no different when it comes to esports . Luckily, all of the international online sportsbooks we feature here are fully optimized for mobile sports betting, regardless of where you might be. There is no need to download an app, as these books allow you to bet with just the use of your device’s internet browser. Simply log on to the sportsbook website from your mobile browser and you will instantly be connected to the mobile client of the platform. This mobile version of the site has all the same features and capabilities as the desktop version, just in a smaller package.
Live Betting on Esports
In recent years, live betting has become one of the most popular and profitable forms of sports wagering. Just like esports, the advancement of technology in the betting industry has seen a tremendous boom in the capabilities of live betting. With live betting, you can bet on any esports match as it is happening, with odds that shift and adapt to the real-time action as it unfolds. With live betting, it is never too late to bet on an esports match or event, and there is always an opportunity to hedge your bets. Be sure to make your decisions fast when live betting, as the best value bet may be gone before you know it.
Popular Esports Tournaments
Like any good sport, there are esports tournaments established to show off who is the best of the very best. We have briefly mentioned some of the tournaments you can expect in the list above, but let us go into a bit more detail about them. Down below are some of the biggest tournaments in esports with the largest prize pools available. If you are lucky to watch one of these tournaments live, you will see really competitive gameplay happen.
Dota 2’s biggest tournament is without a doubt The International. Some might argue that it is the biggest esports tournament in the entire world. The reason for that is that in 2019, the prize pool has passed over $30 million. With so much money going into the prize pool for The International, the competition is going to be rough for all teams that are trying to get in the tournament. That makes it exciting to watch and exciting to bet on.
Fortnite World Cup
Established in 2019, the Fortnite World Cup made it very clear that this is one of the most competitive and most rewarding esports tournaments in the world. With the first tournament having a prize pool over $30 million, even competitors who ended up in 10th place walked away with thousands of dollars in their pockets. This tournament is bound to become bigger as time moves on, and we expect more players will want a piece of the action as well.
Overwatch Grand Finals
After months of qualifying and competing, the Overwatch Grand Finals is the last tournament of the regular season of the Overwatch League (OWL). The Overwatch Grand Finals only has two teams competing for the grand prize. Winners from the 2019 Grand Finals took home $1.1 million in cash. You will only be able to watch two teams play, but it is the two best teams in the league. For that reason, you do not want to miss out.
League Of Legends World Championship
The League of Legends World Championship is the culmination of the very best teams coming together and proving who is the best at the game. There are 24 teams that qualify for this tournament and only one can walk away with the grand prize. The grand prize money has increased in recent years and the winning team can end up walking away with over $2.4 million in cash. Teams from all over the world compete in this tournament, so it is absolutely to watch and bet on the League of Legends World Championship.
CS:GO Major Championship
The CS:GO Major Championship is not a single competition. There are many tournaments that fall under this name and all of them offer a prize pool of $1 million. Usually, there are at least two of these major tournaments that happen throughout the year. That gives you two opportunities to watch the absolute best of the best compete for cash prizes. Plus, these tournaments usually are great to wager on and we highly recommend you do so.