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When you start betting on esports, you should be ready for all possible outcomes. Whether you play a first-person shooter, sports, or card games, you should act carefully. Otherwise, you may lose all your money in a second.
No one can guarantee you a 100% accurate result. But a few useful tips can help you make your first steps into the world of esports more successful. Let’s see what you can do to make a profit at https://cover.gg/.
1. Learn the Games You Play
There is plenty of esports to choose from. None of them is quite alike. This means that you should specialize in one esports in order to quickly boost your game knowledge and profits. Don’t try to grasp everything at once.
By developing in-depth knowledge of the game you’re wagering on, you can see things that even bookmakers might ignore. As an example, if in a CS: GO match, one team is an absolute favorite, it’s only natural that their odds are lower across all betting markets.
We recommend you pick a video game and specialize in it. With a narrow focus, you will have better chances to establish a smooth performance and stable payouts. Select something you would play yourself, even if you are not going to play it in the future. Otherwise, your entertainment aspect would be very limited. Make sure to enjoy yourself while betting, whether you are winning or losing.
2. Pay Attention to Formats
A lot of esports events are played in 3 or 5 formats. In a large tournament, group-stage matches are traditionally related to the third format due to their complexity. A small one relies on the fifth format.
The difference tends to have a huge impact on the match result, which is why you must take this into consideration when betting. Upsets usually happen in the third format matches. Even when it comes to a significantly weaker team playing one of the best teams, an upset will most likely happen in esports rather than traditional sports. A favorite can be easily spotted and simply get outplayed. No need to take the match seriously for whatever reason.
Take a look at Navi, one of the most prominent teams in Dota 2’s history. It usually has worse performance in group-stage matches with the only intention of getting better in the knockouts. Bookmakers give them favorable odds in a particular match because they are stronger.
3. Get Familiar with Teams and Players
Knowing the teams and players of whichever esports you are betting on is significant to an efficient betting strategy. This happens to be true for betting on esports as well as other sports like soccer and horse racing.
If you are betting on Dota 2, you are obliged to know the game well – characters, features, mission, etc. Without this knowledge, you won’t be able to play the game yourself and assess the game of other players. You can hardly expect any successful betting performance in this case.
4. Manage Your Bankroll
The most significant aspect when wagering on esports is betting with money you can afford to lose. You predetermine a betting budget and stick to it throughout your online adventure.
You can split your bankroll into units and stick to a temporary betting strategy that doesn’t surround betting more than a few units per match. Feel free to value your unit at $1, $5, or $10, regardless of your bankroll.
Even if you lose, you stay calm as you predicted in your budget. So there is no need to chase your losses. Instead, you can take a break to refresh your mind and come back with more power in your hands. Acting on impulse and placing invaluable bets will probably make your situation worse. In fact, it might drag you into a huge problem.
5. Keep Yourself Under Control
Betting on esports is always full of stress. You shouldn’t let it take over you. If you take it as a fun adventure, you start worrying less.
As long as you don’t panic, you have better chances of winning the betting process. Just focus on success rather than emotions.
The last thing on the list is actually the most significant one. Without a solid sportsbook, you can hardly expect good odds, diverse markets, and quick payouts. All your strategies won’t work if you join a scammer site or are simply a poor bookmaker. Fortunately, there is plenty of reliable sportsbooks to choose from. Make sure to do some research before making the final choice.