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Monday 17th January 2022 | |
The Main Differences Between Sports and eSports Betting
It’s no secret that sports betting is now a thing of the past. eSports betting is the next big thing, and it comes with its own twist.
Nowadays, it’s less about skill and more about luck, which is the critical difference between regular sports betting and esports betting. In this case, eSports betting is not determined by the game itself but by how the match is structured.
Therefore, to become a high-rated bettor, you need to do more research and learn about betting tips. Fortunately, the internet has endless resources for research, and you can even find out the answer to the question, “is Rollbit legit?”
With that said, how exactly are eSports and sports betting different? Well, let’s find out.
eSports Betting
There are multiple game modes within esports, wherein some games are played entirely online. In contrast, others take place in front of a live audience. In addition, several online sites can help you become a better punter, especially if racing is your game.
With that said, eSports betting is a lot different from traditional sports betting but still shares similarities in choosing bets that have better odds than others.
For one, it also involves predicting outcomes, but it’s more about skill than just randomly picking winners. Several online sites provide an opportunity for bettors to try their luck. However, finding a legit site to play your favorite game might sometimes be challenging.
Games such as football can be reasonably predictable if you know what you are doing. Still, other games such as CS:GO are random because they are based on skill rather than luck.
Sports Betting
Sports betting has been around for a long time, and most of us are familiar with the process. You head down to your local bookmaker or use an online agent, pick which team you think will win, and they give you odds.
You place your bet, then sit back and watch the match. If your team wins, you get paid out at the odds you were given minus a small commission.
Typical sports betting has a high risk as there is plenty of room for error, and it is primarily based on luck. Therefore, the best way to make money from sports betting is by consistently choosing the right outcome and taking advantage of the varying odds.
Key Differences Between the Two
Trying to figure out the difference between these two types of betting is probably the first step in deciding which games you want to put your money on.
There are some critical differences between sport and esports betting, including:
- Scoring Mechanics
The main difference is how the two types of events are judged and scored. Sports events have referees determining whether or not an action was legal.
In contrast, eSport events rely on rules set out by tournament organizers. This means that if something happens during a game that isn’t explicitly prohibited by the regulations, it is still allowed to happen.
- The Players
Sports games are played by humans, while eSport games are played by computers. Even though humans can compete against computers in competitive gaming, this isn’t common due to the skill difference between human competitors and computers.
- Betting Markets
Betting on sport is more structured than betting on eSports because there are only a few different types of bets offered by bookmakers for each sport event. For example, you can bet on which team will win or lose during a match, but there aren’t any bets offered.
- Series of Games
One of the most significant differences between sport and eSports is that there’s always the possibility of one team beating another when it comes to sports betting.
In eSports like Counter-Strike: Global Offensive, however, as each team only has five players and there are often two teams playing at once, it’s not possible for one team to beat another team twice to win a match.
Instead, a team must win two best-of-three series or three best-of-one matches to win a round or series, respectively.
- Complication in Variables
On top of that, eSports bets are much more complicated because many different variables are involved with every game.
For example, you have to consider the players’ skill levels and their teams’ strategies and the stats for each player, and how they’ll fare in the specific environment in which they’re playing.
- Number of Bets
Another big difference between sports bets and esports bets is that you only have to place a single bet per game or match with sports gambling.
In contrast, with eSports, you can place multiple bets throughout the duration of an event. This allows you to enjoy several small wins over time rather than hoping for one big score.
- Fees
The main advantages of sports betting are that it’s legal in most countries, easy to access, and offers a wide range of events for betting purposes.
The main disadvantages of sports betting are the high fees charged by bookmakers and the difficulty in determining odds.
You’ll also need to have prior knowledge about the event you’re placing a bet on. A punter can play with small fees for eSports betting since it’s divided into series.
- Tournament Outcomes
One significant difference between sports betting and eSports betting is the tournament outcome.
Most of the events in sports gambling are based on the outcome of an actual event. In eSport gambling, however, the result of an event is irrelevant. The only factor that matters is how much money you can win with your bets.
Final Thoughts
The global popularity of eSports is growing, with betting on CSGO, LoL, and Dota2 becoming a daily activity for millions of people. It might even be one of the biggest untapped markets, at least from a wagering perspective.
That’s why it’s crucial to learn and understand the differences between sports and eSports betting. Knowing the difference between them will help you choose what type of bet you need to make and increase your chances of success.