The most popular video game within the Esports Betting industry

The enjoyment of sports betting can be dated back to as far as the first time in history that some sort of competitive sport has existed. It’s almost as if the urge to wager our belongings in an effort to earn something extra by anticipating a competition comes out naturally, kind of similar to what a natural instinct would feel like! 

It’s no doubt that throughout the years the world of sports kept moving forward and forward, becoming more modernized and utilizing all new technologies either to increase our interests, or simply to make the games a little more convenient. 

The more time passes, the further we evolve and technology just keeps advancing. We managed to advance so far forward that we have even created sports emulations, where people play video games that simulate real-life sports, as well as special sports that don’t usually happen in real life. This introduced us to eSports, a competitive style of gaming where professional gamers that take their video games as a way of life, battle it out for the championship, while being spectated live, either online or in person. These eSports tournaments can be played on numerous levels, ranging from ameteur competitions to world class. 

The shere competitivity and immensely growing popularity of eSports competitions made them an unmissable event to be taken up and utilized by betting companies, as just like all the other sports, these competitions have grown to become massive, widely popular industries, where people are just as urged to gamble on them as much as any other physical sport out there! Thanks to this, one can visit any casino online and have their very own eSports betting experience while betting on their favourite video game players.

So many video games have become a part of the eSports betting world, although we’re going to mention one of the most popular games that ever did, and we’re going to explain why it truly has become a fan’s’ or even a punter’s favourite within the betting industry;

League of Legends

Riot Games’ most famous and successful release, League of Legends, or also commonly known as LoL, is an epic, complex multiplayer game that has been around since October 27, 2009. This game deserves massive respect, as throughout the span of a total of 11 years, it still has around 115 million active users, while generating an annual revenue of over $1.9 billion USD per year. 

The game’s most popular means of betting revolves around a battle that features two five-player teams; Each team summons a champion to battle on a single map known as the Rift of the Summoner. Both teams battle it out and fight till one of them manages to destroy the opposing squad’s nexus, which is a structure found at the center of the respective team’s territory. 

Whoever takes down the other team’s nexus first, wins the battle. The nexus is safeguarded by the defending team’s champions and a number of CPU or non-player entities like turrets, minions and monsters. The more a champion kills, of these NPC’s (non-player characters), the more strength they gain and even unlock additional capabilities as the match progresses. Matches are usually based on a best out of three round format, where each round finishes and a new one starts once the first nexus is destroyed.

When choosing which team to bet on, it’s not as simple as choosing a random team and having a 50/50 chance of winning which gives you the equivalent of how much you initially bet when you win… It’s based on the teams’ skills and knowledge, where certain teams have better odds than others. 

Let’s say for example you have the undisputed champion team of an earlier tournament, playing against a group of first-timers at the eSports ring. In this case, we all know that the past champs have a higher chance of winning, therefore the odds of winning are in their favor. This leads to them being assigned negative betting odds (like -200 for example,) while the underdogs have positive odds (e.g. +150) This means that if you bet on the past champs, you need to bet $200 in order to earn a profit of $100, while with the underdogs, if you bet $100, you will get a profit of $160. This makes betting on the underdogs and winning a lot higher-earning and more favourable, however, are you willing to risk wagering on the team that lacks the upper hand within the match?

There’s plenty more aspects one can bet through in LoL. The game’s complexity and diversity gives us a large number of opportunities to try out placing different types of bets; for example moneyline bets, handicap bets, totals bets, prop bets and more.

One thing we know for sure is, eSports betting isn’t going to go away any time soon, it’s here to stay, and the only place it’s going is forward, deeper and deeper into the never-ending depths of new and improved technology!

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