The global eSports betting industry was valued at $12.67 billion by the end of 2020 and estimated to be about $20.7 by the end of 2027. These numbers clearly show how fast the world is embracing and adopting eSports betting. Things are not any different in Malaysia; a good number of bettors now prefer eSports betting over mainstream betting.
People love eSports betting mainly because it has fewer limitations in terms of available games than mainstream sports bettingMalaysia. Mainstream sports betting is usually limited by seasons, whereby bettors have almost no games to bet on when the major leagues are off, especially during the summer. On the other hand, there are thousands of eSports games available for betting almost every day throughout the whole year and one of the most E-sport betting platforms is from IM ESports
If you are the kind of person that always wants to bet without limitations, then eSports betting is the ideal option for you. This article will discuss all the fundamental things that you may need to know about eSports betting. By the end of the article, you will understand what eSports betting is all about and the factors you have to consider while choosing an eSports betting bookmaker. We shall also share some eSports FAQs.
Let’s dive into this right away!
What is eSports betting?
In simple terms, eSports betting refers to the activity of predicting results on an eSports game and placing a wager on your desired outcome. It is just like mainstream sports betting, but this time on eSports games. That means almost every betting option available in mainstream sports betting is also available with eSports betting.
Factors to consider while choosing an eSports bookmaker
1. Is the bookmaker trustworthy?
The very first thing you need to consider while choosing a bookmaker is whether you can trust them with your hard-earned cash. Here is how you determine a trustworthy bookmaker;
- Check their licensing details: One of the first things that shows a bookmaker is legitimate are the licenses they own. You need to ensure the bookmaker has licenses from some of the most trusted gambling regulators in the world. They are there to guarantee that all licenced bookmakers handle their customers properly.
- Check out their social media: You need to ensure the bookmaker has social media presence and allows users to actively engage with their content. You should also check out what people say about them on various gambling forums on social media.
- Find out by trying: If the bookmaker is licensed and has positive reviews on social media, try them out and see how things go. We recommend starting small and later scaling up if you like the experience.
2. How good are their odds?
Odds are another important thing to consider when selecting a bookmaker. If you do some research online, you will find out that different bookmakers offer different odds on the same games. You should always choose one that provides the best odds as long as they a trustworthy based on the tests we have just discussed above.
3. What promotions do they have?
Besides the juicy odds, you should also find out if the bookmaker offers some promotions and bonuses that players can take advantage of. These promotions will give you chances of winning more besides the basic betting payouts that you would have got without the bonuses. Some of the popular bonuses you need to check out include; welcome bonuses, deposit bonuses, cash rebate bonuses, free bets, VIP bonuses, and many more.
Take time to read the terms and conditions for all the promotions offered by a given bookmaker because sometimes, what they display on their promotions page is not conclusive. You may also consider contacting their support team if you don’t understand some of the conditions for the bonuses.
4. What are the available betting options?
In the mainstream betting world, players can bet on the outcome of the game before they start or live when the game is ongoing. However, most eSports betting platforms offer the first option. Live betting is available at only a few betting sites. So, if you are a fan of live eSports betting, you may have to do your research till you land on a bookmaker that offers this option.
Gamblers should also consider the types of bets available. Some of the common betting types include; correct score, winner of the game, total goals in the game (under/over), goal scorers, handicap, and many more. It is always best to choose a bookmaker that gives you more options.
Esports FAQ
Check out which online casino in Malaysia has E-sports betting here.
