If you love watching esports, one way you can up the excitement and the stakes is to start wagering on it. In fact, the rising popularity of both esports and online gambling around the world means it is easy to get started. In this post, we will teach you step by step how to bet on esports with real money.
1. Start following esports.
First of all, you will only be successful if you are wagering on something you know. So, before you even think about placing bets on sites like gamblingsites.com/real-money/, you should start watching esports regularly. The greater the depth of your knowledge, the easier it will be for you to develop an edge.
2. Decide which esports to bet on.
You will have the most success if you pick just one or two esports on which to wager in the beginning. The more focused you are, the easier it is to develop your skills. Some ideas include wagering on Overwatch, Hearthstone, Fortnite, League of Legends, Dota 2 or CS:GO.
That said, there are often a lot of commonalities between different games. So, over time, you can expect to expand and wager on more esports. The knowledge you gain betting on one may very well help you be profitable wagering on another.
3. Develop expertise and strategies.
If you want to consistently win while betting on esports, the key is to create strategies that allow you to make reliable predictions and find value. You probably will not build or find what you need overnight. There is going to be a process of research and development before you are ready for profitable wagering.
4. Test your strategies on paper.
How do you know you are ready to wager profitably? You can find out without risk by first testing your strategies by betting on paper. That simply means following along with esports, looking for available action, and logging the bets you would have taken with real money if you were wagering for real. Track your wins and losses to find out if you would have been profitable over the testing period.
While you may be impatient to start betting for real, you will be glad you went through at least a brief testing phase. Newbie bettors can all expect to make mistakes. It is better to make those mistakes without losing real money. In the meantime, you can save extra money to put toward your bankroll.
5. Find a quality esports betting site.
If, based on your testing, you determine that you are ready to bet with real money, the next step is to find an esports betting site. Be sure to do your research to make sure you are joining a trusted, reputable website. Look for an esports betting site that accepts customers from your region, offers exciting bonuses, and features competitive odds.
6. Open your account and make your deposit.
After you select an esports betting site, open an account, being sure to provide your factual information. Most sites require nowadays that you verify your identity before making a withdrawal, so this is important.
Once you are all signed up, choose a transfer method and make your initial deposit. This will be when you can claim your welcome bonus as a new customer. Be sure to look for reload bonuses and other promos in the future.
7. Come up with a money management plan.
You are just about ready to start placing wagers on esports. But before you do, you need to have a plan for how you will manage your funds. A great option is simply to bet a low, flat percentage of your account every time with no deviations. We recommend that you do not use progressive betting systems such as Martingale, as these systems bleed accounts dry rapidly and do not work the way many bettors think they will.
8. Start betting on esports with real money.
Now you should be good to go. You have your betting strategies, you have a money management plan, and you have funds waiting for you in your betting account. The last step is just to look for betting opportunities. When you see value in the odds, fill out your betting slips and place your wagers.
Whether you are wagering on esports to make a serious bank or you are betting just for fun, wagering on esports using real cash will add a whole new level of excitement to CS:GO, Dota 2, League of Legends, and all your other favorite esports. Have fun, and good luck.