What are the advantages of crypto esports betting?

Esports is an industry that has taken the competitive gaming market to the next level. The success of esports stands as a testament to the power of technology, the allure of skilful gameplay, and the unwavering passion of both players and spectators.
As people continue to give their all-out support to the esports industry, the world of esports betting has also gained traction. If you’re planning to join in on the hype of esports betting, here’s a guide on how to start your esports betting journey and the benefits that come with it:
The rise of esports
To understand what does esports means and the benefits of engaging in esports betting, you first have to learn how esports came to be. The origin of esports can be traced back to the early days of video gaming and the rise of competitive multiplayer games. The advent of games like Spacewar! in the 1960s laid the groundwork for players to engage in virtual competitions.
However, it wasn't until the 1980s and 1990s that organised gaming tournaments began to take shape with games like Street Fighter II and Quake. This sparked the interest in competitive gaming scenes.
The turning point for esports came with the rise of the internet and online multiplayer games. Titles like Counter-Strike, StarCraft, and Warcraft III provided platforms for players to connect globally and showcase their skills.
It was the early 2000s that saw the emergence of dedicated esports events. By the mid-2000s, these events started attracting major attention from pro players, viewers, and even online punters through esports betting.
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How to get started with esports betting
If you’re wondering how to get into esports and reap the benefits of esports betting, here are the factors to consider to effectively start your esports betting journey:
Understand the world of esports
Before diving into esports betting, it's crucial to have a solid understanding of the esports landscape. Familiarise yourself with popular games, top teams, and key players that fans are raved about today. Learn about the different genres of games, such as multiplayer online battle arenas (MOBA) and first-person shooters (FPS), and the competitive structures of major tournaments and leagues.
Choose a renowned betting platform
Selecting a reputable and reliable betting platform is essential for a safe and enjoyable betting experience. Look for platforms that are licensed, have a strong track record, and offer a user-friendly interface like Sportsbet.io. It’s important to ensure that your betting platform has a dedicated esports section covering a wide range of games and tournaments.
Learn your esports betting options
One of the reasons why esports betting is popular among punters is because of the wide range of options available. Popular betting types you can maximise at Sportsbet.io include:
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Winner → In this market, you are betting on the outcome of a particular esports event and predicting which team will win. If your prediction is correct, you win the bet.
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Handicap → Handicap betting is commonly used when there is a perceived imbalance in skill between two teams. The sportsbook assigns a virtual handicap to the favoured team, which they must overcome for the bet to be successful. This is done to provide more balanced odds between teams.
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Number of maps → This market can be found in esports games played in a best-of-series format, such as Counter-Strike: Global Offensive or Dota 2. When betting on the number of maps, you predict whether the match will be played over a certain number of maps. For example, in a best-of-three series, you can bet on whether the match will be decided in two or three maps.
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Match total goals →You bet on whether the total number of goals scored by both teams in a certain match will be over or under a specific number set by the sportsbook.
Research and analyse
Successful esports betting requires thorough research. Study team and player stats, recent performance, match history, and any relevant news about the event. You should also consider factors like team synergy, recent roster changes, and the game's meta.
Explore crypto esports betting
Renowned betting platforms like Sportsbet.io offer the option to bet using coins like Bitcoin (BTC) and Tether (USDT). Crypto esports betting is a more secure and faster option for a hassle-free esports betting experience.
Benefits of esports betting using crypto
Betting on esports using cryptocurrencies offers various advantages that can enhance your overall betting experience. Some of the esports benefits you can maximise when esports betting using crypto include:
Faster transactions
Crypto transactions are much faster compared to traditional payment methods. Deposits and withdrawals can occur within minutes, which allows you to swiftly react to betting opportunities or access your winnings with zero hassle.
Security
Using coins for esports betting offers enhanced security due to their decentralised nature and advanced encryption techniques. Your personal and financial info is less exposed to potential breaches, providing you with peace of mind.
Variety of games to bet on
The world of esports is diverse and features a wide range of games across different genres. Crypto betting platforms often cover various games, ensuring you can bet on your favourite titles and explore new ones.
Huge markets
Esports has a global following, which results in extensive markets for betting. Major tournaments and leagues draw various pro players from around the world, which provides you with a wide range of betting options for a more worthwhile esports betting experience.
Popular events
Crypto betting platforms like Sportsbet.io offer wagering options on popular and prestigious esports events. This means you can engage with the most anticipated tournaments, adding excitement to the gaming experience.
Exclusive promos for crypto esports betting
Renowned crypto betting platforms like Sportsbet.io offer exclusive promos and bonuses tailored for punters who choose to bet using crypto. Taking advantage of these promos can enhance your potential returns and provide added value to your bets.
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Popular esports titles you can bet on at Sportsbet.io
Sportsbet.io is one of the leading crypto betting sites that offer popular esports titles for you to bet on. Some of the popular esports games that you can wager on at the site include:
Dota 2
Valve Corporation’s Dota 2 is a MOBA game and one of the most prominent titles in the esports scene. In this game, two teams of five players each compete to destroy the opposing team's ancient structure. Dota 2’s annual The International tournament is one of the most prestigious and lucrative esports events globally.
League of Legends
League of Legends (LoL) is another highly popular MOBA game by Riot Games. It features two teams of five players who battle on a map called Summoner's Rift. LoL boasts a robust competitive scene with regional leagues and the annual League of Legends World Championship that draws massive viewership globally.
Valorant
Valorant is another popular esports title from Riot Games. It’s a tactical first-person shooter (FPS) that combines elements of Counter-Strike with unique character abilities.
Valorant features teams of five players competing in rounds, with one team attempting to plant a bomb (spike) while the other team defends. Valorant has quickly gained a strong competitive scene since its release and is now one of the most lucrative esports games in the world.
Counter-Strike: Global Offensive
Hailing from Valve, Counter-Strike: Global Offensive (CS:GO) is a classic FPS game focusing on objective-based gameplay. It features a competitive mode where two teams, the terrorists and counter-terrorists, fight for control over bomb sites or the safety of hostages. CS:GO has a long history in esports, with major tournaments like ESL One and Intel Extreme Masters being popular among esports fans and punters alike.
Tips for esports betting using crypto
To have worthwhile and hassle-free crypto esports betting, there are some easy yet effective tips you can follow that can help increase your chances of winning. Some of the most effective crypto esports betting tips you can follow are:
Try esports betting using stablecoins
Stablecoins are a type of crypto designed to maintain a stable value, often pegged to a fiat currency like the US Dollar (USD). Using stablecoins for betting can help you lessen the risk of sudden value changes. They offer a way to engage in stablecoin betting while reducing exposure to the volatile nature of the crypto market.
Manage your crypto wallet
For hassle-free crypto esports betting, ensure that you have a secure and reliable crypto wallet to store your betting funds. Choose a wallet with strong security features, such as hardware wallets or reputable software wallets. Keep your private keys and recovery phrases safe, as they are essential for accessing your funds.
Start with small bets
If you're new to esports betting or using crypto, it's best to start with small bets. This allows you to gain experience and learn the ropes without risking huge amounts of crypto. You can gradually increase your betting amounts as you become more comfortable and confident.
Experience hassle-free crypto esports betting at Sportsbet.io
If you want to have the best esports betting experience, betting at Sportsbet.io is the best place to be. Sportsbet.io is a renowned crypto betting site that offers the most competitive esports betting odds and markets to choose from. The site also offers generous esports betting promotions you can take advantage of to maximise your esports wagers and place more bets.
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DISCLAIMER
The information provided by the blog above on Sportsbet.io is for general information purposes only. All information on the Site is provided in good faith, however we make no representation, warranty, or guarantee of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, or completeness of any information or betting tips on the Site.